Looking to do a PHD research paper on : Minority small business owners struggle

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Looking to do a PHD research paper on : Minority small business owners struggle with raising funding for startups.
the first step is Problem Statement and Purpose Statement.
here is instruction from professor :
The Problem StatementTemplate
Topic: The Working Title for YourDoctoral Research ProjectProblem StatementCreate a one or two paragraph discussion emerging from yourpreliminary review of research findings, practices, and personal experiences as to address the following elements:•An argumentidentifying a gap in the literature, the need to addresssuch a gap, and how yourstudy addresses this gap.•A presentation of evidence justifying yourefforts into researching the problem. Make sure youjustifyyourefforts as meaningful to stakeholders (such as fellow professionals and researchers) and able to address the problem.•Ensure yourproblem statement contains five to seven significant citations demonstrating the currency and relevance of the problemyouwish to study.Anticipated Approach to YourStudyChoose a suitable design able to tackle the problem. Identify and justify one possible research design to help youstudy yourproblem. Youmay also include yourinitial thoughts regarding the design and its ability to help youtackle the problem while enhancing yourunderstanding of the problem. Can IResearch the Problem?Create one paragraph arguing whether yourproblem may be researchable. Youmay wish to consider the following questions as to help youdraft this segment:•Can youfind journals and professional publications discussing yourproblem?•Can youfind respectable online resources helping youto explore yourproblem?•Do youbelieve youhave access to the journals and websites youneed as to conduct yourstudy?

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