A group of nonprofits and banks have created a program to increase lending to Memphis-area minority- and women-owned businesses.

Joann Massey, director for the City of Memphis Business Diversity & Compliance, Leslie Lynn Smith, president and CEO for Epicenter and Andre Fowlkes, president of Start Co., talk about some of the overarching concerns with host Eric Barnes. 

In Memphis, a city where African-American entrepreneurs are at a disadvantage when it comes to wealth compared to white entrepreneurs, it can be a frequent path to capital.