{"id":11893,"date":"2021-01-22T21:46:49","date_gmt":"2021-01-22T21:46:49","guid":{"rendered":"https:\/\/www.radiofree.org\/?p=153711"},"modified":"2021-01-22T21:46:49","modified_gmt":"2021-01-22T21:46:49","slug":"white-house-commitment-to-smallest-and-minority-owned-businesses-key-to-solving-economic-crisis","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/22\/white-house-commitment-to-smallest-and-minority-owned-businesses-key-to-solving-economic-crisis\/","title":{"rendered":"White House Commitment to Smallest and Minority-owned Businesses Key to Solving Economic Crisis"},"content":{"rendered":"
WASHINGTON – On today\u2019s White House press conference on small business relief, Main Street Alliance Government Affairs Director<\/strong> Didier Trinh had this to say:<\/p>\n \u201cSmall businesses across the country are glad to see a recommitment to prioritizing their needs as we continue through an ongoing pandemic and economic crisis.<\/p>\n More outreach and a focus on the accessibility and equitable distribution of COVID relief for minority-owned businesses is a welcome priority after a year of free-for-all, first-come first-served chaos. Small business owners without accountants and back office supports need the hands on support and technical assistance that navigators can provide.<\/p>\n The investment in supporting small businesses through the relief programs must also be matched with a long-term commitment to expanding equitable access to capital and increased technical assistance to support new and growing small businesses after the crisis. The COVID crisis has revealed and exacerbated pre-existing barriers to capital for such firms, including small business redlining, usury credit rates and practices, and lack of other supports and technical assistance needed to launch and grow a successful business. Main Street Alliance has outlined key small business priorities<\/a> for this immediate crisis, and beyond, and looks forward to working with the administration to implement these priorities.\u201d<\/p>\n\n