In a survey of 110-Native-owned businesses, 71.3% of respondents reported that their business was their sole source of income. The survey was conducted by the Native Business Coalition–which includes Roanhorse Consulting, Native Women Lead, New Mexico Community Capital, Change Labs and Native Community Capital–and is intended to help us understand and develop impactful solutions for native-owned small businesses.
On Monday on MSNBC, House Speaker Nancy Pelosi expressed a willingness to look at universal basic income, a concept that was the centerpiece of Democrat Andrew Yang’s presidential campaign.
Source: Daily Mail
Organizations and individuals are rallying to demand an immediate freeze on rent, and additional support for these business owners. The rent-relief movement is growing in Minnesota with more people adding their names to a letter of solidarity every day.
Source: Sahan Journal
The National Association for the Self-Employed (NASE) is announcing a new relief initiative with Dell to support the small business community amid this public health crisis.
Source: Black Enterprise
Technical issues plagued the second round of emergency funding for small businesses that opened Monday, with users reporting error messages and slow processing.
Local Chicago business is helping other businesses set up virtual workshops as a way to expand revenue and reach new customers.
Source: ABC 7 Chicago
Bloomberg is uncovering the reasons why so many not-so-small businesses received PPP Loan funds while real small businesses waited in vain.