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Minority-owned business

People of color who own small businesses in college towns say it's hard to sell to schools

by Kirk Carapezza
Aug 15, 2022
Smaller operations report barriers to entering the educational procurement market, a study shows, despite commitments to diversity.
Terryl Calloway runs a small graphics and printing firm in Boston, a short distance from many campuses, but he says it’s been challenging to attract them as customers.
Meredith Nierman / GBH News
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COVID-19

More restaurants paid April rent, but minority-owned businesses still lag behind

by Kristin Schwab
Apr 21, 2021
More than half weren't able to pay rent this month.
The number of restaurants that didn’t pay rent in April was down to 35% from 63% the month before. But the data also shows minority business owners are still lagging behind.
Joe Raedle/Getty Images
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COVID-19

Feds' guidance hurt minority-owned businesses' PPP chances, report says

by Justin Ho
Oct 19, 2020
Washington advised banks to favor existing customers, leaving out many Black- and women-owned businesses, according to a House subcommittee.
Larger companies initially took advantage of the Paycheck Protection Program, which was intended to offer forgivable loans to smaller businesses.
Kameleon007 via Getty Images
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COVID-19

If more PPP money is coming, how can the Senate make sure minority-owned businesses benefit?

by Sabri Ben-Achour , Nancy Marshall-Genzer and Alex Schroeder
Jul 24, 2020
Clarity around how to apply for a PPP loan and the terms of repayment would be useful for all companies trying to get a loan.
Fabiana Estrada of Accion says a lot of the minority business owners she's worked with are confused about how the PPP loans work.
Kanawa_Studio via Getty Images
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COVID-19

Minority-owned businesses struggle to access emergency loans

by Amy Scott
Apr 28, 2020
Many of their lenders were excluded from the Paycheck Protection Program.
There's criticism that smaller and minority-owned businesses didn't get their fair share from the first round of the Paycheck Protection Program funding.
Spencer Platt/Getty Images
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