Minority-Owned Business
By Lucas Misera
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.
By Emily Ryder Perlmeter
How important are Community Financial Institutions to getting capital to underserved small businesses? Here's what we learned from the Paycheck Protection Program.
By Gabriella Chiarenza
Automated underwriting processes used by some lenders may have reduced racial disparities in accessing the Paycheck Protection Program.
By Mary Godleski-Cantin
Get to know how communities across the US are planning for an inclusive and resilient Main Street economic recovery.
By Dell Gines
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.
By Nishesh Chalise, Violeta Gutkowski
The spread of COVID-19 and the many efforts to slow it are impacting communities throughout the nation. To best respond to this crisis, information is needed about the scope and scale of challenges in various communities. This report offers findings of a survey designed to collect information on the effects of COVID-19 on low- to moderate-income people and communities and the entities serving them. The survey was fielded by eight national partners and the Federal Reserve System's community development function.
By Dell Gines
Like basketball players, entrepreneurs need a strong system of support to maximize their potential. Here are the six parts of a healthy entrepreneurship ecosystem.