COVID-19 keeps producing more turbulence for Black entrepreneurs, arguably the worst hit among small business owners by the pandemic.
Black proprietors are feeling the crisis in multiple ways not disclosed before. Those snares include being greater encumbered by remote work requirements, less likely to gain extended lines of credit or outside funding, and facing more difficulty attracting investors.
The discoveries are revealed in “The Megaphone of Main Street: The Impact of COVID-19,” a data report done by SCORE, which calls itself the nation’s largest network of small business experts.
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