Fashion and Beauty Brands Start Grants for BIPOC-Owned Businesses
According to CBS News, 40% of Black-owned enterprises might not make it through the Covid-19 pandemic. The Center for Responsible Lending estimated that 90% of small businesses owned by people of color "have been, or will likely be, shut out" from the Small Business Administration's Paycheck Protection Program (PPP), Ashley Harrington, the organization's director of federal advocacy and senior council, told CBS News in April. (You may remember how, quite controversially, the PPP initially sent loans […]
