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Black capitalism's champions and critics generally agree that some kind of Government-sponsored program must be continued, but that it must not concentrate on failure-prone small businesses. Says Darwin W. Bolden, a member of the President's Advisory Council on Minority Enterprise: "It's time to take the next step and begin to develop a clear-cut blueprint from which you will move blacks from the mom-and-pop stage to the mainstream of American business—knowing that it is going to take at least another decade."
Such a shift, he says, would require OMBE to concentrate its efforts on assisting blacks to form larger ventures in manufacturing, banking, construction and services. It might require the Government to lend larger amounts to individual entrepreneurs. If such steps are not taken, Black Capitalism is likely to remain just another catchy slogan.