Asian Americans own 10% of small businesses in the US, but AAPI entrepreneurs still face challenges.
Despite that, AAPI entrepreneurs still face unique struggles.
As they've collaborated with their network of makers, Byun and Park have identified five challenges that need to be overcome to let AAPI entrepreneurs thrive.
Fifty-eight percent of AAPI entrepreneurs have struggled with federal, state, and local programs to help small businesses.
A good step is to learn the ins and outs of the US Small Business Administration's funding programs for small businesses.
Persons:
Arnold Byun, —, MAUM, they've, they'll, they're, Byun
Organizations:
Service, Business Development Center, AAPI, US, Business, SBA
Locations:
Kioh, Park, American