Access to capital

Brewmasters ‘re-craft’ their business to weather the crisis

Rob Lightner and his business partner Chris Coomber opened East Brother Beer Company, a brewery and taproom in Richmond, California with the idea that beer can be a democratizing force—by being more accessible to those who wish to try new “potions,” enjoy some downtime and foster relationships in an inclusive community.

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Survey: More than 1 in 3 small businesses won’t survive past the next three months without additional financial relief

Publisher: 
Small Business Majority
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Date: 
Tuesday, October 20, 2020

This is the fifth in a series of COVID-19 related surveys Small Business Majority has released of its network. Over time Small Business Majority has tracked the economic conditions facing small businesses, how well federal stimulus programs have served its network, the small business owners' views of proposed stimulus provisions, and other issues of importance. 

Virginia Small Business Owner Submits Testimony Supporting Disparity Study

Today, Phillip "Ace" Jones submitted his support for the Department of Small Business and Supplier Diversity's disparity study. As an African American small business owner, Phillip knows first-hand why it's critical to help illuminate the barriers women- and minority-owned small businesses face in the Commonwealth. 

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Small Business Majority Submits Testimony to Support Disparity Study in Virginia

Today, Small Business Majority submitted testimony to the Virginia Department of Small Business and Supplier Diversity who, along with BBC Research and Consulting, are conducting a disparity study in Virginia. A disparity study is an essential first step towards passing policy solutions that would allow more women- and minority-owned small businesses to compete on a level playing field with other businesses. 

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Florida business owner knocks many doors to bring educational resources to her community

Luisa Santos was only eight years old when she and her family moved from Bogota, Colombia to the United States in search of better opportunities. Since then, Luisa has found creative ways to support and participate in her community, and started her entrepreneurship journey with LuLu's Ice Cream, a nitrogen ice cream shop and catering business in Miami, Florida.

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Chicago small business pivots to support frontline workers

What comes after the pivot? Many small business owners who initially re-tooled their business to better suit the needs of consumers during the pandemic are starting to ask themselves this very question. Among them is Eric Cup who expertly adapted his business early on, but is now finding his pivot, while necessary, is not sustainable. 

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Small Business Majority Urges Congress to Pass Relief Bill

Today, Small Business Majority sent a letter to Congressional leaders urging them to pass a comprehensive and robust COVID-19 relief package. This week kicks off National Small Business Week when just last week, new data revealed small businesses across the country are closing permanently. The consequences of not passing a relief package that includes more funding for small businesses would be catastrophic. 

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Community activist harnesses the power of entrepreneurship to make progressive change in his community

Raised in an immigrant family of merchants, Alejandro Flores-Munoz learned about entrepreneurship from an early age. He watched his mother, a single parent living in Southern California, work a full time job, while juggling side hustles selling perfumes, jewelry, and desserts door-to-door. Today, he is an entrepreneur himself, with several gigs selling personalized buttons and sunglasses, and a proud co-owner of Stokes Poke, a Hawaiian food caterer and pop-up business in Denver, Colorado.

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Small Business Owner Submits Testimony on Experience with Predatory Lending

Today, Johnathon Bush, small business owner of Not Just Cookies in Chicago, Illinois, submitted his testimony for the U.S. House Committee on Small Business's hearing on Transparency in Small Business Lending. Johnathon details the harmful impacts that a lack of transparency in small business lending has done to his business, which he built from the ground up.

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DC game store owner pivots business during puzzling time

Labyrinth Games and Puzzles is a family-friendly, community-focused store featuring a wide selection of non-electronic, specialty games, puzzles, and mazes in the Capitol Hill neighborhood in Washington, D.C. While the store is loved by children and legislative staffers alike, Kathleen Donahue faced an impossible situation just like everyone else when the COVID-19 crisis began, and she was forced to quickly pivot her business to keep it alive. 

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