California Communities’ Broadband Needs and the Role of Financial Institutions: Findings from California Reinvestment Coalition Surveys California Reinvestment Coalition
Archives: Resources
Understanding the American Entrepreneurship Landscape: A New Resource
The Entrepreneurship in the Population (EPOP) Survey is a new publicly available resource for understanding the scope of entrepreneurial activities across the United States. The EPOP Survey includes a variety of measures of entrepreneurial behavior at a local level, providing policymakers and researchers with new information on the experiences and perceptions of entrepreneurs in their
Small Business Facts: An Overview of Immigrant Business Ownership
Immigrant owners consist of roughly 18 percent of business owners with employees and almost 23 percent of business owners without employees. Immigrant-owned businesses are found in every sector of the U.S. economy. Immigrants made up 36.8% of employer businesses in accommodation and food services. Transportation and warehousing had the largest share of immigrant nonemployer business
Bridging the Capital Access Gap Report : An Overview of the Small Business Financing Industry
Although entrepreneurship is often touted as an arena of equal opportunity, there are major systemic barriers to realizing this ideal – one being access to capital. ICIC and LISC came together for an in-depth look at the small business financing industry and ways that business owners can use this knowledge to gain access to additional avenues of capital. ICIC,
The Power of Procurement
Women-owned small businesses make up a significant proportion of all firms in the Los Angeles region with just over 20 percent of all businesses in the Los Angeles region being owned by women. And women-owned businesses are extremely diverse, with almost half of women-owned businesses in the region being minority-owned. City of Los Angeles Mayor’s
Exploring Job Quality in Latinx & Black-owned Small Businesses
Entrepreneurship is a critical pathway to wealth-building and job creation. If Black, Indigenous and People of Color (BIPOC) started and owned businesses at the same rate as White people, they would add approximately 9.5 million jobs to the US economy (Morelix et al 2017). Black and Latinx entrepreneurs in our study discussed investing in employees
Small Business Economic Bulletin: June 2022
Recent trends, including the number of small employer firms and proprietors’ income, show small firms have weathered the COVID-19 shock. However, the demand for small business finance has outpaced supply, indicating that banks have not fully recognized this resilience yet. SBA Office of Advocacy
Economic Well-Being ofU.S. Households in 2021
This report describes the responses to the 2021 Survey of Household Economics and Decision making (SHED). The Federal Reserve Board has fielded this survey each fall since 2013 to understand the wide range of financial challenges and opportunities facing families in the United States.1 The findings in this report primarily reflect financial circumstances in late
Small business owner liquid wealth at firm startup and exit
The relationship between small business ownership and wealth looms large in the imagination of policymakers and entrepreneurs alike. Indeed, people who own businesses are wealthier than those who do not. In 2019, the median net worth of self-employed families was $380,000—over four times larger than the $90,000 in net worth held by the typical working
Economic Well-Being ofU.S. Households in 2021
Economic Well-Being of U.S. Households in 2021 BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM Published May 2022