SBA launches program to promote entrepreneurship among young men of color

The Small Business Administration is launching a national campaign to promote entrepreneurship education among young men of color, the agency said Friday. The program is part of a public-private initiative titled “My Brother’s Keeper,” which President Obama announced last year to address the social and academic challenges faced by black and Latino boys. It comes as the administration is working to spur entrepreneurship to add jobs; nationwide 15 percent of businesses are started by non-white people, according to a 2012 analysis. The SBA said Latinos in particular are starting businesses at three times the national average, accounting for 3 million companies.