Wells Fargo Launches $400 Million Small Business Recovery Effort
Through Wells Fargo’s new Open for Business Fund, the company will engage nonprofit organizations to provide capital, technical support, and long-term resiliency programs to small businesses with an emphasis on those that are owned by people of color.
Source: Wells Fargo News Room
Verisk Launches Program to Help Insurers Serve Micro-Business Market
The leading data analytics provider has launched a new insurance program to help insurers cover the unique risks of small businesses that are often part of the gig economy, run out of a home or shared work space, and staffed by four or fewer employees.
Latino Businesses Maintain Community At Portland Mercado
Oregon’s Portland Mercado is the city’s first Latino public market. With The Mercado celebrating its 5-year anniversary amid the pandemic, vendors share how coronavirus is impacting their business and their lives.
This Entrepreneur Is Bringing National Exposure To Black-Owned Businesses
In 2016, Dr. Hallmon founded the Village Market ATL and has been a catalyst in bringing national exposure to black-owned businesses. She has developed an economical vehicle that empowers the Black community through cooperative economics.
Northeast Travel Restrictions Add to Small Business Owners’ Struggles
Many merchants and shop owners across the Northeast were optimistic that reopening later in the summer could help offset economic damage caused by the pandemic, but with newly instated state travel restrictions affecting tourism, many are no longer as hopeful.
Source: ABC News