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Jun 29, 2021

Not Quite Sunny: The State of Southeastern Small Businesses during COVID

Partners Update examines state-level data from the Federal Reserve's Small Business Credit Survey on five states in the Atlanta Fed's District, comparing them with national results.

Mar 25, 2021

Inclusive and Resilient Recovery: Small Businesses of Color: Toward an Inclusive and Resilient Recovery - March 25, 2021

Atlanta Fed and Kansas City Fed Community and Economic Development staff summarized findings from the Small Businesses of Color Recovery Guide. Guest speakers discussed their experiences as entrepreneurs or funders of small businesses of color.

Mar 24, 2021

Tackling an Inclusive and Resilient Recovery in the Southeast

The Atlanta Fed’s Community and Economic Development engagement team launched the Inclusive and Resilient Recovery initiative to support strategies for a more inclusive and resilient economic recovery. Partners Update reflects on the ongoing webinar series and the goals of this initiative.

Jan 14, 2021

Inclusive and Resilient Recovery: Supporting Small Businesses for an Inclusive and Resilient Recovery - January 14, 2021

Speakers from organizations that support small businesses and entrepreneurship discussed the challenges these businesses are facing during the pandemic. For instance, many small businesses of color were unable to tap government programs like the Paycheck Protection Program because they lacked an existing relationship with a bank. Atlanta Fed president Raphael Bostic moderated the discussion.

Dec 18, 2020

Supporting the Recovery of Small Businesses of Color

Small businesses of color are important contributors to the national economy. The Atlanta and Kansas City Feds recently published the Small Businesses of Color Recovery Guide to help support these firms’ economic recovery. This Partners Update article provides an overview of this comprehensive guide.

Jun 10, 2020

Southeastern Small Businesses in the Face of COVID-19

Social distancing policies, mandatory business shutdowns, and shelter-in-place orders due to COVID-19 have left many small business owners vulnerable to permanent closure. Partners Update gives an overview of the state of southeastern small businesses before and during the COVID-19 pandemic.

Jan 08, 2020

Report on Minority-Owned Small Businesses

The Federal Reserve's Small Business Credit Survey: 2019 Report on Minority-Owned Firms examines the state of minority-owned businesses, offering insights on their performance, access to financing, and experiences in the credit market. Partners Update highlights key findings from the report.

Dec 23, 2019

Anchor Institution Strategies in the Southeast: Working with Hospitals and Universities to Support Inclusive Growth

Anchor institutions such as universities and hospitals can help drive inclusive economic development in their communities. The author examines efforts to launch anchor institution strategies in New Orleans, Atlanta, and the Miami area.

Sep 14, 2018

Mind the Gap: How Do Credit Market Experiences and Borrowing Patterns Differ for Minority-Owned Firms?

How do small business financing experiences vary by the race or ethnicity of a firm's ownership? A new discussion paper examines data on minority-owned small businesses’ borrowing patterns.

Jan 25, 2013

Women Entrepreneurs Mean Business

What are the current trends in female entrepreneurship? Alicia Robb, senior research fellow at the Ewing Marion Kauffman Foundation, discusses recent data on women-owned firms and the challenges and opportunities in expanding this sector.

May 10, 2012

Closing the Gap: Improving Minority-Owned Small Firms' Access to Credit

Small minority businesses typically pay higher interest rates and receive smaller loans than nonminority-owned firms of similar age and size. Tim Bates, professor of economics at Wayne State University, explores ideas to increase access to capital so minority companies can create jobs and expand.

Dec 10, 2010

Bridging the Gap: Overcoming Minority Small Business Performance Disparities

Minority-owned small businesses make significant contributions to the U.S. economy, but there are still distinct disparities in business performance between minority-owned firms and nonminority-owned firms. Dr. Robert Fairlie, professor of applied economics and finance at the University of California Santa Cruz, discusses how minority-owned small businesses have fared in difficult economic conditions and policy options to address these challenges.