YWCA of Southern Arizona and Local First Arizona partner to bring equity into sustainability
Last year the coronavirus pandemic threatened many small local businesses. Health and safety protocols exposed vulnerabilities, among small businesses, exacerbating disparities among women entrepreneurs and entrepreneurs of color. Many were denied access to the Payment Protection Program (PPP) designed to provide relief to small businesses, creating direct incentives to keep employees on payroll during the pandemic. According to the Center for Responsible Lending, a nonprofit group combatting abusive lending practices, 90% of minority and women owners were shut out of the program. Entrepr...
Source: insidetucsonbusiness.com