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07-02-15 - Marketplace - Budding Inventors

07-02-15 - Marketplace - Budding Inventors

Airing on Thursday, July 2, 2015: One of Chicago's remaining black-owned banks is in danger of closing, a reality that's part of a national trend. Unlike the more segregated days when these banks were founded, African-American customers can now take their business elsewhere. But black-owned banks provide a link to a proud history, and research says, they may do something a lot more important. Marketplace's Dan Weissmann has the story. Next: forget the baking soda volcano. Science fairs these days are about developing apps, designing a better hazmat suit or figuring out how to reclaim wastewater. And why stop there? How about getting a patent and some venture backers too? The U.S. Army is trying to help budding inventors do just that. Marketplace's Amy Scott reports.