Webinar open to all.
Small businesses are the backbone of the U.S. economy, employing nearly half of the private sector workforce. They are also one of the last remaining opportunities for building wealth, particularly for entrepreneurs of color, who often face additional barriers because of the effects of systemic inequality and racism. However the COVID-19 pandemic caused thousands of small businesses to close across America, some partially and others permanently. While the initial Paycheck Protection Program (PPP) left out the most vulnerable small businesses, many are hoping the newly passed PPP will truly help entrepreneurs of color survive beyond the pandemic. But major questions remain such as:
- Will the aid reach the small businesses most in need?
- What else must be done to address the historic systemic and structural issues which have impacted entrepreneurs of color’s ability to build wealth
- What are the innovative and impactful ways philanthropy can support the small businesses beyond direct grant-making
Join us to hear what we have learned about the effects of specific investments and strategies deployed to support entrepreneurs of color and what more still needs to be done to support their longer-term financial health and stability and ultimately build lasting wealth.
Tommy Smith, Manager, Economic Impact Impact Spending, Kaiser Permanente
Jeanique Riche-Druses, Vice President in Global Philanthropy, JPMorgan Chase & Co.
Steve Hall, Senior Director Economic Development Lending & Small Business, LISC
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Part our COVID-19 Learning Series generously sponsored by Citi, JPMorgan Chase, and MetLife Foundation.
Registration to open in February