Research & evaluation are core to our mission.
Our research and evaluation agenda focuses on existing small businesses in low and moderate income communities, business networks, and community resilience. By studying the complex systems that influence small business success in lower income communities, our research examines trends in growth opportunities, financing, and barriers to scaling small business.
WHAT WE'RE READING
"This white paper outlines short- and long-term recommendations to address the racial wealth gap through business ownership strategies. In the short-term, continuing and expanding efforts to increase access to capital, skills, networks, and markets will be needed to realize the promise that business ownership holds for addressing the racial wealth gap. In the long-term, universal policies to narrow the racial wealth gap — such as those aimed at raising the quality of education, building savings, and increasing financial inclusion — will be critical."
This new report from the Center for Global Policy Solutions uses data from the U.S. Census Bureau’s Survey of Business Owners to find that "the country would produce an estimated 9 million more jobs and have $300 billion more in national income if entrepreneurship amongst people of color were proportional to their distribution in the labor force". The report features many plausible recommendations for policies to change this reality.
This report discusses the racial bias for wealth accumulation, highlighting the Greater Boston Metropolitan area, using data collected in a recent National Asset Scorecard for Communities of Color (NASCC) survey. The city of Boston is especially unequal and this inequality falls along racial lines more times than not. This reality affects everything from home investment, business ownership, and educational opportunities.
"Poverty is about a lack of money, but it’s not only about that. As a lived experience, poverty is also characterized by ill health, insecurity, discomfort, isolation, and more. To put it another way: Poverty is multidimensional, and its dimensions often cluster together to intensify the negative effects of being poor." The authors in this article highlight the five dimensions of poverty (household income, education, concentrated spatial poverty, health insurance, and employment) and analyze how these factors often cluster together, making it even more difficult to break the cycle.
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