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Personal View: Small businesses play a huge part in economic growth


Personal View: Small businesses play a huge part in economic growth
KANDIS WILLIAMS and DANIELLE SYDNOR
Kandis Williams and Danielle Sydnor
Normal is not good enough. We need to plan for growth, and small businesses play an integral role in Greater Cleveland s economic prosperity. They are local job creators. They are innovators of products and technologies. And they strengthen our economic competitiveness and the vibrancy of our neighborhoods.
However, data collected from Cuyahoga County s Small Business Stabilization Fund revealed that 37% of firms believe they cannot survive if current economic conditions persist much longer. For minority- and women-owned businesses, the challenge is disproportionately higher. Black-owned businesses shared that they were more likely to rely on personal savings to survive. To advance our post-pandemic rebuilding efforts, we must support the hardest-hit businesses and the entrepreneur service providers who support them. ....

Cuyahoga County Small Business Stabilization Fund , Greater Cleveland , Cuyahoga County , Small Business Stabilization Fund , சுயகோகா கவுண்டி சிறிய வணிக உறுதிப்படுத்தல் நிதி , அதிகமானது கிளீவ்லேண்ட் , சுயகோகா கவுண்டி , சிறிய வணிக உறுதிப்படுத்தல் நிதி ,