The House Tackles Recidivism in Rollsout of New Prison to Proprietorship Act
the Chairwoman of the House Small Business Committee announced the release of the bipartisan Prison to Proprietorship Act, which mandates the SBA’s resource partners to provide entrepreneurship mentoring and training to federal prisoners, both in prison and post-release.
Source: The Hill
Clearbanc Launches Inventory Protection Program For Retailers Being Hit by Chinese Tariffs
As the trade war rages between the U.S. and China, small retailers are hit hard as the holiday season approaches. To ease the pinch, Clearbanc is offering a program to help online retailers acquire inventory without losing margins to tariffs and demands for large upfront payments.
Apple TV+ to Release Film On Redlining and Access to Capital For African-Americans
Apple TV+ has released the first trailer for The Banker. Based on a true story, the film tells the story of two Black businessmen in the 1960s who combat discriminatory banking practices by hiring a white man to purchase banks and real estate on their behalf.
Source: Black Enterprise
Google’s Move Into Banking Raises Questions About Data Use and Privacy
Regulation hasn’t caught up to digital finance platforms, and unspecified advertisers outside of Google aren’t the only concern. The company has enough enterprises under its umbrella for users to have legitimate concern about internal data use.
Source: Ars Technica
BlueVine Raises $102.5M More For Banking Services That Target Small Businesses
With the announcement a big round of funding, BlueVine is underscoring the quiet opportunity and demand in the market for small business lending and other financial services.