Black History Month: These resources can help Black-owned businesses thrive

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Starting a business and staying in business can be tough for anyone, but Black Americans have numerous unique hurdles.

One of those hurdles is accessing capital to start a business. Black Americans have a harder time accessing capital than their white counterparts, according to the Brookings Institution.

There are numerous programs and organizations that can help Black business owners and those who want to go into business. The Small Business Administration can connect Black Americans with SBA-approved lenders and offer information about COVID-19 relief options.

 

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