Industry News – September 25, 2019

Community Ownership: The Transformation Challenge Experts seek to help CDFIs find a balance between “affirmative remedies” that correct inequitable outcomes of social arrangements without altering the framework that supports them,” and “transformative remedies” which...

Industry News – September 17, 2019

Wells Fargo Grants $100K For Latina Entrepreneurship Training Series The Statewide Hispanic Chamber of Commerce of NJ (SHCCNJ) received a $100,000 grant from the Wells Fargo Foundation to be used toward bilingual business development and educational programs for...

Industry News – September 11, 2019

SBA Invites America’s Small Businesses to Share Their Story The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. Source: PR Newswire Dallas...

Industry News, September 4, 2019

The State of Black Businesses in U.S. Cities with Large Black Populations Some have a strong economy and progressive political leadership that can bolster Black entrepreneurship. Others struggle to create a diverse network and comprehensive plan to keep Black...

Industry News, August 28, 2019

Three SBA Loan Programs Help Bridge Small Business Finance Racial Gap Despite the prevalent wealth and credit gap between African-Americans and their white counterparts, the news isn’t all bleak. The SBA has several offerings that can help expand access to capital for...

Industry News, August 20, 2019

Small Business Lending Study Shows Racial Disparity Small business lending typically relies more heavily on the owner’s credit score or personal assets. Given that the median wealth of white households is 41 times greater than black families, the financing gap...