Small Businesses Advancing Equity

Leaders in philanthropy increasingly recognize the role of business in advancing their objectives. To date, the focus of most efforts to engage business has been primarily on large companies. By contrast, the role of small business in creating healthy, equitable communities has generally not been explored.

Small Business Economic Bulletin October 2019

Small businesses show strength in self-employment increases, proprietors’ income gains, job creation advances and births staying above deaths. Loan delinquency rates remain low, but small business loan demand is waning.

Small Businesses after The Great Recession

Small businesses are essential to the economic infrastructure of both lower-income and higher-income neighborhoods. In this report, we compare small business performance in lower-income vs higher-income areas. Findings offer some directions for growing small businesses in LMI and ethnic/minority neighborhoods.

The Future of Banking

This report is based on research findings from focus groups and interviews. The focus groups were conducted with LMI individuals in Philadelphia, Chicago, Los Angeles and San Diego, and the interviews were done with policy experts, regulators and representatives from the financial services sector. In sharing their experiences with the financial system, we have identified common challenges encountered by LMI consumers of color, and offer recommendations to address on-going barriers to financial inclusion.

Small Business, Big Dreams

Small Business, Big Dreams profiles nine National CAPACD members that serve AAPI small business clients in low-income communities across the country. The work of these community-based organizations is critical to maintaining and promoting the vitality of AAPI neighborhoods. This report provides a more nuanced narrative about the challenges to wealth building through entrepreneurship in low-income AAPI communities.

Closing The Wealth Gap for Millennial Women

Today, there are about 40 million millennial women, representing 31.5% of the female population in the U.S. Millennial women do not benefit from many economic policies and systems designed by, and built to meet the needs of, men as primary breadwinners. Millennial women came of age during the Great Recession, the rise of mass incarceration, unprecedented student debt levels, and changing workforce dynamics. All of these factors contribute to the fact that millennial women are 37% more likely than Generation Xers (those born between 1965 and 1984) to be living below the federal poverty line and are more likely to be underemployed or unemployed than previous generations.

Small Business Economic Bulletin March 2019

The Office of Advocacy’s Small Business Economic Bulletin for March 2019 shows gains in the number of employer small firms, owner’s income, and net job creation. The recovery of small business lending remains tentative, even with low loan delinquency rates. The bulletin provides the latest quarterly government statistics on small business income, job creation, startups, and finance. Read the Small Business Economic Bulletin to learn more.

2019 Prosperity Now Scorecard

The Prosperity Now Scorecard is a comprehensive resource for data on household financial health, racial economic inequality and policy recommendations to help put everyone in our country on a path to prosperity.

Millennial Women Entrepreneurs

Millennial women, those born between 1982 and 2000, represent the future of entrepreneurship in America. According to the 2015 Census Bureau data, there are 83.1 million millennials in the United States. By the year 2025, millennials will comprise 75 percent of the American workforce, and many will become entrepreneurs.