Black Women Are Building Detroit’s New Generation of Business Schools 

Three Detroit entrepreneurs, Racheal Allen, Ebony Cochran, and Jessie Hayes, have established community-focused business schools designed specifically for underserved Detroit entrepreneurs, particularly Black women. These initiatives—Operations School, Detroit Wealth Club, and The Hayes Institute of Esthetics & Entrepreneurship—address the systemic barriers that have historically limited access to business education and capital for Black entrepreneurs in Detroit. Despite Black women being the fastest-growing group of entrepreneurs nationally and Detroit having one of the highest concentrations of Black women-owned businesses, less than 1% of venture capital reaches Black women entrepreneurs.