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

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

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

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

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

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

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.
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Minority-owned businesses struggle to access emergency loans

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