Joyce Klein, director of the Business Ownership Initiative, spoke with Kinsey Grant on Morning Brew’s Business Casual podcast to discuss why businesses owned by entrepreneurs of color have had difficulty accessing stimulus funds provided through the federal government’s Paycheck Protection Program (PPP). Here’s a snippet from the episode:
Listen to the full episode and view more information here.
Earlier this year, we called on policy makers to support community development financial institutions as a key channel for getting relief funds to businesses owned by people of color. Click here to read more.
Tweet Joyce Klein from Business Ownership Initiative (BOI) at @AspenInstitute discusses the hurdles in accessing capital for entrepreneurs of color
Tweet Stimulus design elements are preventing business owners of color from accessing capital. Hear Joyce Klein from @Aspen_BOI on @MorningBrew explain
Tweet Joyce Klein from @Aspen_BOI explains how racial and economic justice intersect in the banking system and is preventing entrepreneurs of color from a full COVID recovery
The Business Ownership Initiative works to build understanding and strengthen the role of business ownership as an economic opportunity strategy. BOI is an initiative of the Economic Opportunities Program.
The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. Follow us on social media and join our mailing list to stay up-to-date on publications, blog posts, events, and other announcements.