The Good Man Project, April 28, 2021, Rebuilding Black-Owned Businesses After COVID-19
With over half of American adults now at least partially vaccinated, many of us are beginning to imagine a future beyond the pandemic. But for the many small businesses that didn’t survive, there’s no “after.”
Black-owned businesses have been especially hard-hit. That’s because even after three pandemic relief packages, there’s an elephant in the room that every resource, policy, and program is failing to address: the preexisting conditions of Black entrepreneurs.
Dedrick Asante-Muhammad is the chief of Race, Wealth, and Community at the National Community Reinvestment Coalition. Joshua Devine is the director of Racial Economic Equity at NCRC. They’re coauthors of the NCRC report “Black Entrepreneurship’s Lethal Pre-Existing Condition: The Racial Wealth Divide During the COVID Crisis.”
