LARENCORE: U.S (Color Of Change) : Will you PROTECT our WORK TO PROTECT BLACK BUSINESS ?

mercredi 8 décembre 2021

U.S (Color Of Change) : Will you PROTECT our WORK TO PROTECT BLACK BUSINESS ?

Hi,

In 2020, Congress set aside approximately $800 billion in its CARES (Coronavirus Aid, Relief and Economic Security) Act for loans to help small businesses keep workers employed amidst the pandemic and subsequent economic downturn.¹ This money was meant to help small businesses survive the worst public health crisis our communities had seen in a generation. Instead, we heard reports that small businesses were struggling to get loans, while dozens of billionaire-owned companies and private equity firms had managed to secure funding.²

THIS #GIVINGSEASON, WILL YOU SUPPORT OUR WORK TO PROTECT BLACK BUSINESSES?

We knew we had to act. Color Of Change began hosting virtual dinners across the country, where Black entrepreneurs could come together to build the relationships and power they needed to survive the crisis. We fought for legislation like Representative Pramila Jayapal’s, which sought to provide direct relief and specific protections for our business community.³ And we developed the Black Business Green Book, a directory where you can find Black businesses to patronize, as well as resources to join the fight to get Black entrepreneurs the protections and relief they deserve.

The holiday season can be make or break for Black entrepreneurs, so we’re expanding our directory of Black-owned businesses across the country. This #givingseason, will you support the Black Business Green Book?

From redlining to the refusal to provide loans, Black people in this country have historically been locked out of entrepreneurship, with devastating consequences for our communities.⁴ The decisions that the government has made in the wake of the pandemic have only worsened those disparities. Last year, Color Of Change surveyed Black-owned businesses and found that 60% of Black businesses had closed during the COVID-19 outbreak.⁵ Racist banking practices and inequitable access to credit make the road to recovery even more difficult for the remaining Black-owned businesses now. Our work to expand the Black Business Green Book is about more than just spending money on gifts. This is about supporting our communities, rebuilding our economies, and establishing our financial legacies.

FRIEND, THIS YEAR, WE'RE EXPANDING OUR BLACK BUSINESS GREEN BOOK. WILL YOU HELP US GET THERE?

When you support the Black Business Green Book you're supporting opportunities for Black entrepreneurs to be found by new patrons as well as other business owners seeking community. You're contributing to the future of Black art, Black culture, Black food and more. And with your donation, you're contributing to a tool that helps us collectively shift our support to Black-owned businesses as we continue the fight to get entrepreneurs and workers the federal protections they’re owed. Friend, will you join us in this fight to uplift and support Black businesses?

DONATE $5

DONATE $10

DONATE $15

DONATE $25

DONATE $50

OTHER AMOUNT

Until justice is real,

The Color Of Change Team.

References :

"CARES Act and Small Businesses,” Berkeley Law, Updated January 14, 2021, https://act.colorofchange.org/go/333976?t=19&akid=52566%2E1942551%2EEBAkLm.
"New PPP Loan Data Reveals Most Of The $525 Billion Given Out Went To Larger Businesses—And A Few With Trump, Kushner Ties,” Forbes, December 02, 2020, https://act.colorofchange.org/go/333977?t=21&akid=52566%2E1942551%2EEBAkLm.
"Jayapal Announces the Paycheck Guarantee Act,” The Office of U.S. Representative Pramila Jayapal (WA-07), April 10, 2020, https://act.colorofchange.org/go/333977?t=23&akid=52566%2E1942551%2EEBAkLm.
"Coronavirus economic relief cannot neglect Black-owned business,” The Brookings Metropolitan Policy Program, April 08, 2020, https://act.colorofchange.org/go/333977?t=25&akid=52566%2E1942551%2EEBAkLm.
"Small Business Owner Survey : Findings based on a national survey of small business owners,” The Main Street Alliance, Color Of Change, Lake Research Partners, September, 2020, https://act.colorofchange.org/go/333977?t=27&akid=52566%2E1942551%2EEBAkLm.