access to capital

Business organizations respond to GOP opposition to SBA direct loans to small businesses

Press Release October 11, 2021 Contact: Frank Knapp 803-600-6874 fknapp@scsbc.org A coalition of national, state, and local business organizations today sent a letter to Congressional leaders in response to House and Senate Republican letters opposed to a commonsense solution to the problem of entrepreneurs and small businesses not having needed…

New study finds optimism, along with lingering concerns, among small businesses

Columbia Regional Business Report September 15, 2021 By Melinda Waldrop As the National Small Business Week Virtual Summit winds down, a new report reflects growing optimism among S.C. small businesses, while another study points to a continued labor shortage in the state. Following up on a February survey, Facebook’s September…

“Revitalizing America’s Cities”—Watch Video from The Hil

July 15, 2021 Today, The Hill hosted a special virtual event, “Revitalizing America’s Cities” that featured Mayors from across the country discussing what their cities are or will be doing to promote the success of microbusinesses to make their cities more resilient. The Hill is a Washington, DC-based media company…

Opinion: Business Campaign for Better Access to Capital for Black Entrepreneurs

Jacksonville Free Press April 21, 2021 By Frank Knapp Jr. and Derek Peebles In September of 2019, long before anyone had ever heard of the coronavirus, The Republican Party’s only Black U.S. Senator, Tim Scott (R-SC) announced that he had introduced the Enhancing Entrepreneurship for the 21st Century Act along with…

Minority Entrepreneurs Struggled to Get Small-Business Relief Loans

The New York Times April 4, 2021 A year after the Paycheck Protection Program started, studies show how its design hurt Black- and other minority-owned businesses. Shaundell Newsome of Small Business for America’s Future said changes were needed throughout the banking industry to improve outcomes for Black owners. By Stacy Cowley…