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whyy.org: Opinion: Reading Terminal Market offers model for supporting entrepreneurs

Read Full Article Here: https://whyy.org/articles/reading-terminal-market-offers-a-model-for-lifting-entrepreneurs-of-color/

In my five years working as the general manager of the Reading Terminal Market, we created pathways for budding entrepreneurs that exponentially grew the number of minority-owned businesses at the historic institution.

At Reading Terminal, I formed partnerships with organizations such as The Enterprise Center to help grow a class of food-service entrepreneurs, many of whom reflected neighborhoods historically unrepresented in the Market’s merchant profile.

Small business owners place a tremendous premium on time.

At the Market, we mitigated entrepreneurial risk by not requiring the small business to commit to a long-term lease, with a significant upfront space buildout.

Anuj Gupta is Chief of Staff to Congressman Dwight Evans and previously served as General Manager of the Reading Terminal Market.

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