RESEARCH

Governing for Long-Term Value:
Black Corporate Directors on Fiduciary Duty and Inclusion

This report examines how Black corporate directors interpret fiduciary duty in today’s DEI climate, finding that inclusive governance is widely viewed as essential to competitive advantage and long-term enterprise value despite growing political and corporate resistance.

February 2026

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Why don't more Americans work for Black-owned firms? Implications for increasing well-being

This resource explores how increasing Black business ownership, particularly among employers can help narrow the racial wealth gap and drive economic growth.

June 2024

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Investing in the Black community

This resource from Bankrate highlights different resources and platforms to invest in Black businesses and other opportunities.

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How Usable Capital
Will Unleash
Black Business Growth

In this report from Path to 15|55, thought leaders across asset classes share innovative ways to remove barriers and increase access to capital for Black business owners.

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Path to 15|55 has $100 million in commitments to grow Black businesses

This capital will be used to support policy change at national, state and local levels, and invest directly in Black businesses and the intermediaries that support them.

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Reaping the unrealized gains of Black businesses

This report shows how Black-owned businesses are fueling U.S. growth while facing systemic barriers, and outlines policy solutions to unlock their full potential.

June 2025

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Closing the Black employer gap: Insights from the latest data on Black-owned businesses

A report from the Brookings Institution expands on Path to 15|55's initiative to grow Black business and close racial disparities in employer
business ownership.

February 2024

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Black-owned businesses in U.S. cities: The challenges, solutions,
and opportunities for prosperity

2022 State of Black Businesses report from the Brookings Institution and Path to 15|5 finds that while the pandemic has disproportionately hurt preexisting Black firms, it has also spurred the creation of new Black businesses.

February 2022

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To expand the economy, invest in Black businesses

A report from the Brookings Institution and Path to 15|55 explores the state of Black-owned employer businesses to set of business development goals.

December 2020

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The Tapestry of Black Business Ownership in America

This groundbreaking report explores the diversity among Black business owners in the U.S. and illuminates several key findings.

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Driving prosperity: How Black-owned businesses fueled recent economic growth

A Brookings Institution report that analyzes the significant growth of Black-owned employer businesses from 2017 to 2022, highlighting their economic impact, regional trends, and the progress still needed to achieve racial equity in business ownership.

February 2025

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Equitable Underwriting Will Unleash Capital for Black-Owned Businesses

This Equitable Underwriting Playbook outlines how financial institutions can overhaul their practices and develop more equitable processes that improve their bottom line.

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The Financial Returns of Diverse Private Equity Firms

The National Association of Investment Companies found that diverse private equity funds produced higher-than-median returns. About four in 10 diverse funds produced top-quartile net IRRs and multiples of invested capital.

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Path to 15|55 Infographics

Use this social media toolkit to spread the word about barriers to success for Black businesses, as well as how the American economy would grow if Black businesses reach parity with white firms.

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The Road to Zero Wealth

How the racial wealth divide is hollowing out America's middle class.

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RESEARCH

Governing for Long-Term Value: Black Corporate Directors on Fiduciary Duty and Inclusion

Why don't more Americans work for Black-owned firms? Implications for increasing well-being

Investing in the Black community

How Usable Capital Will Unleash Black Business Growth

Path to 15|55 has $100 million in commitments to grow Black businesses

Reaping the unrealized gains of Black businesses

Closing the Black employer gap: Insights from the latest data on Black-owned businesses

Black-owned businesses in U.S. cities: The challenges, solutions, and opportunities for prosperity

To expand the economy, invest in Black businesses

The Tapestry of Black Business Ownership in America ​

Driving prosperity: How Black-owned businesses fueled recent economic growth

Equitable Underwriting Will Unleash Capital for Black-Owned Businesses

The Financial Returns of Diverse Private Equity Firms

Path to 15|55 Infographics ​ ​

The Road to Zero Wealth ​ ​

LEARN MORE

Governing for Long-Term Value:
Black Corporate Directors on Fiduciary Duty and Inclusion

How Usable Capital
Will Unleash
Black Business Growth

Black-owned businesses in U.S. cities: The challenges, solutions,
and opportunities for prosperity

The Tapestry of Black Business Ownership in America

Path to 15|55 Infographics

The Road to Zero Wealth