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Black Female Lawyer Elizabeth L. Carter, Esq. Launches Legal Fund to Support Black-Owned Businesses Trying to Raise Capital

Black Female Lawyer Elizabeth L. Carter, Esq. Launches Legal Fund to Support Black-Owned Businesses Trying to Raise Capital
Posted By: Kennedy Williams on September 24, 2021

Meet Elizabeth L. Carter, Esq., founder and owner of a Black woman-owned securities law firm that has launched a legal fund to support Black businesses that plan to raise capital through crowdfunding campaigns and other means. The Chicago-based firm is seeking corporate and individual contributions to the #BlackCapitalMatters Gift Legal Fund, which will help subsidize securities legal services for Black-owned businesses.



Black-owned entities, including businesses, nonprofits, cooperatives, and investment funds, that are looking to raise capital in 2021-2022, and need affordable securities legal services, can apply for the fund at ELCESQ.com/legalfund (Fund contributors who wish to receive a tax deduction can donate directly to the firm’s fiscal sponsor, the Oakland-based Sustainable Economies Law Center, at TheSELC.org/blackcapitalmatters)
There are a series of legal documents, filings, and other requirements that business owners must complete to ensure they are legally compliant before they launch their campaign. Yet many business owners may not be aware of the legal requirements and therefore put themselves at risk for penalties and costly delays.

Led by Elizabeth L. Carter, the boutique law firm is the only securities firm in the country with a mission to help Black-owned businesses navigate the legal requirements that come with raising capital. The firm often provides its services at discounted rates and has built an ecosystem of comprehensive professional support services to make it more feasible for Black businesses to raise capital. Securities law is a complex area of business law that ensures the legal compliance of raising capital from investors. Unfortunately, this complex law carries a hefty cost and is often out of the budget for the average entrepreneur.
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