ACTION AL!
THE OPPORTUNITY
Meet CEE's New Executive Director!
CEE is excited to announce the hiring of Tracye Whitfield as our new Executive Director.
In this new role, Whitfield will lead the coalitions efforts to ensure equitable access to capital for BIPOC small business owners across the state of Massachusetts. Whitfield will continue the coalitions efforts in creating new programs and policy needed to change and dismantle racist structures preventing the equitable investments needed to support the growth and viability of these businesses. "I am thrilled to be joining CEE at this important moment in the coalition’s history," said Whitfield. "There is a lot of energy and momentum around efforts to create a more equitable economy, and I look forward to working with CEE members and partners to make real progress on this critical issue."
Massachusetts is home to a rich set of small business resources, but many do not reach small businesses owned by entrepreneurs of color. These small businesses, particularly those owned by Black, Latinx, immigrant and low-income entrepreneurs have been fueling the state’s economy, but they are more vulnerable in recessions. The COVID-19 presents a unique opportunity to build an equitable ecosystem that centers entrepreneurs of color and positions them to contribute to the Massachusetts economy at their full potential.
THE OPPORTUNITY
OUR VISION
We envision a Commonwealth in which the racial wealth gap is closed and
that provides a welcoming and fertile environment and sustained investments
for Black, Latino, Indigenous, and other underserved small businesses to thrive
and grow their capacity, resilience, economic power and impact.
OUR ACCOMPLISHMENTS
Underserved owned businesses assisted with PPP applications
Million in
PPP Loans
Underserved small businesses assisted with MGCC Grant applications
Million for Small Business Technical Assistance
Million for CDFI/CDC small business lending
Million grant program with focus on equity
ABOUT THE COALITION
The Coalition for an Equitable Economy, initially formed by a steering committee of small business support organizations and leaders, seeks to convene and partner with a broad cross-sector coalition of stakeholders from across Massachusetts aligned around a shared commitment to building an equitable small business ecosystem and to the values of racial equity, collaboration, and shared leadership.
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