Bringing new entrepreneurs to farming areas in need is critical for growth. The key is making these agricultural hotspots into places that people want to live, while keeping them affordable.
Minority depository institutions (MDIs) originate a greater share of mortgages and SBA 7(a) loans than non-MDIs to borrowers in LMI and minority neighborhoods.
Source: Talk Business & Politics
Why do these numbers never seem to budge, no matter how many well-meaning programs, initiatives and nonprofits have aimed to shift the picture in the tech sector over the last 20 years?
Entrepreneur Brian Hamilton, who sold his company Sageworks last year, has launched a $100 million fund to provide loans to other businesses. So far, businesses have received about $5 million in funding.
Source: ABC 11 WTVD-TV Raleigh-Durham
A survey of small business owners issued by OnDeck (ONDK), the leader in online lending to small business, finds 65 percent of small businesses surveyed received a tax refund this year.
Source: Yahoo Finance