Entrepreneurship
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US small businesses: Recovery continues, a national initiative gains steam
At the 2024 SSBCI Midwest Regional Conference in Kansas City in August, jurisdictions throughout the Midwestern states and tribal governments convened with Treasury staff, bankers, and community development lenders to discuss ways to ensure funds from the State Small Business Credit Initiative (SSBCI) reach small businesses and entrepreneurs, particularly those in underserved communities.
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Project highlights factors that influence Black business owners’ attitudes about debt
Data and conversations help inform reasons why Black businesses can be hesitant to apply for credit and emphasize the need for more education about the loan underwriting process.
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‘It shouldn’t be this hard’: Small Business Credit Survey highlights funding challenges for startups owned by people of color
Half of businesses survive at least five years but many start on shaky financial footing. The Federal Reserve Small Business Credit Survey reveals unique funding challenges for startups owned by people of color.
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Centering tribal values to improve prosperity in Native American communities
By centering their traditional values in their economies and ways of life, many Native communities in the United States are making progress towards higher levels of prosperity.
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Supporting entrepreneurship for rural economic development
Entrepreneurs are the life blood of a community’s economy. Investing in and supporting entrepreneurship ecosystems can lead to the growth of additional entrepreneurial activity in a community.
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Inclusive entrepreneurship ecosystem building—let’s start the party
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.
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6 essentials for an effective entrepreneurship ecosystem
Like basketball players, entrepreneurs need a strong system of support to maximize their potential. Here are the six parts of a healthy entrepreneurship ecosystem.