Small Business
Corporate diversity programs often talk about helping people "get invited to the party and also dance." However, entrepreneurs want to "start their own parties" and equitably. Here's how communities can support them.
CDFI helps two business owners in Philadelphia's Chinatown find a lifeline, and a partner, right in their own backyard.
Help inform policy conversations and decision-making. Take the Federal Reserve Small Business Credit Survey, open September 8-November 19, 2021.
From March 22 through May 14, 2021, the Federal Reserve fielded the 2021 CDFI Survey. Here's what 345 CDFIs said about their financial well-being throughout the COVID-19 pandemic, operational gaps and challenges, and effects on clients and communities they serve.
Like basketball players, entrepreneurs need a strong system of support to maximize their potential. Here are the six parts of a healthy entrepreneurship ecosystem.
Minority small-business owners and community lenders joined us for a virtual event to discuss where they are at this stage of the pandemic, what they need going forward, and who can and should help. Watch on demand.
The Federal Reserve wants to hear about challenges facing Community Development Financial Institutions to help inform policy recommendations and programs. Take the 2021 CDFI survey March 22 – April 23, 2021.
When the COVID-19 pandemic spread here, the Philadelphia Chinatown Development Corporation used Paycheck Protection Program money to help residents and businesses. More support will be necessary.
"Customers told us, 'You saved our businesses. You saved jobs. We wouldn't have made it if you guys weren't here and didn't walk us through this.'"
From Jul 20–Aug 14, 2020, the Fed surveyed 229 community development financial institutions during COVID-19. Here's how they responded.
