Now is the Time to Fund Entrepreneurs of Color ~ The Coalition for an Equitable Economy Calls for a $1.1 billion investment of American Rescue Plan Act (ARPA)  Funds to Support Small Businesses.

The Coalition is calling for investments in:

  • Grants directly to small businesses to support stabilization, strengthening, recovery and growth

  • Lower-cost loans from non-profit community lenders and banks to provide capital that would otherwise be unavailable to many small businesses

  • Equity investments for high-growth startups and moderate growth small businesses with a focus on BIPOC and women-owned businesses too often shut out of equity markets

  • Expanded technical assistance to ensure that businesses have the information, knowledge, and skills they need to succeed.

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