black entrepreneurs

The $100,000-to-$500,000 opportunities outlined in the announcement are working-capital loans, not grants. Specific interest rates, repayment schedules and an overall funding total for the partnership were not provided in the announcement or interview. #sda #steansfamilyfoundation #southlanddevelopmentauthority

It cited limited access to capital, lengthy permitting processes and other bureaucratic barriers as obstacles that prevent businesses from surviving or expanding. #alexigiannoulias #chicago

In Illinois, 11 percent of all businesses are Black-owned, and Chicago now ranks second in the country for venture capital-backed startups with at least one Black founder. #business