Black Farmers Received Lowest Amount of USDA Loans in 2022 Per New Analysis
Only 36% of Black farmers were granted direct loans by the U.S. Department of Agriculture (USDA) based on an NPR analysis of submitted applications. Advocates for farmers of color cite the agency’s bureaucracy as a leading factor.
Source: NPR.org
Meta Plans to Launch Verification Service for Facebook and Instagram
Tech giant Meta announced it would launch verification services for its popular social media platforms Facebook and Instagram. The fee-based program would also provide protection from impersonation accounts and direct access to customer service.
Source: CNBC
How New AI Tool ChatGPT Can Help Entrepreneurs
The new artificial intelligence tool ChatGPT, which can deliver human-like answers to many questions, continues to generate news headlines. Learn how the tool works and how entrepreneurs can best utilize it for their ventures.
Source: Entrepreneur.com
Utah Entrepreneur Wins First Ever NBA Startup Pitch Contest
The NBA Foundation held its first-ever startup pitch contest during the All-Star Weekend in Salt Lake City, Utah. A Black female entrepreneur won $50,000 to help expand her waxing business.
Source: KSL.com
Small Business Grants Now Available for Building Upgrades and Startup Expenses
Various small business grants are now available for eligible companies in several states, including California, Maryland, and Virginia. The grants are designed to assist with building upgrades, startup costs, and more.
Source: Small Business Trends
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