6 Amazing Grants for Small Minority-Owned Businesses
Let's face it, we all want to be able to run a successful business, but its increasingly difficult for Black and Brown-Owned Businesses to get funding, especially since the start of the COVID-19 Pandemic. Here's why:
"Black-owned firms are more likely to be located in Covid-19 hot spots, whereas white-owned firms are less likely to be in the most heavily affected areas."
"Loans provided through the government’s Paycheck Protection Program for small businesses, administered by the Treasury Department and the SBA, reached only 20% of eligible firms in areas with the highest densities of Black-owned firms."