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In The Year After George Floyd's Murder, Beacon Hill Confronts Structural Racism

In The Year After George Floyd s Murder, Beacon Hill Confronts Structural Racism Rep. Chynah Tyler, U.S. Rep. Aynna Pressley and Sen. Sonia Chang-Diaz appeared at a rally for police reform after the murder of George Floyd. Mike Deehan / GBH News In the year after George Floyd s murder, Beacon Hill put in place a new police oversight law and committed to a closer focus on racial issues, but the biggest change many see in the state capital has been a willingness across government to openly address structural racism. I think people are listening better, Roxbury Rep. Liz Miranda told GBH News near the anniversary of Floyd s killing by police in Minneapolis last year.

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Let's all commit to a new normal for Black communities in Massachusetts

By Segun Idowu, Special to the Reporter May 26, 2021 Segun Idowu, Special to the Reporter In 2020, a Black community in Massachusetts that was on the rise got hit with increased public health, economic, and social challenges related to the Covid-19 pandemic and racial reckoning during the summer. These events, compounded by existing health disparities and a growing wealth gap, proved to be devastating to the growth of Black communities. If left unaddressed by urgent and bold action, the long-term effects will not just harm Black people, but also the well-being of other communities overall. We know that these disparities aren’t new. In 2015, the Federal Reserve Bank of Boston published its damning “Color of Wealth” report that highlighted Boston’s yawning racial wealth gap. Additional reports by groups like the Coalition for an Equitable Economy have reinforced the fact that entrepreneurs of color continue to face barriers, whether it be the dispersal of needed capital to

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Companies take on the challenge of increasing diversity, aiding Black-owned businesses

Companies take on the challenge of increasing diversity, aiding Black-owned businesses Shirley Leung © Pat Greenhouse/Globe Staff From left, Daniel Acheampong, Tia Thomson and Yasmin Cruz, Co-founders of Visible Hands VC, are photographed at the Bank of America branch in Nubian Square. The bank has made equity investments in minority-owned venture capital firms like theirs. Not shown is Justin Kang. Turns out, that was the easy part. How companies have deployed the money is proving to be as crucial as how much they’ve promised, or even how much they’ve given out so far. Take, for example, Bank of America, which pledged $1.25 billion over five years toward promoting racial justice and creating economic opportunities for all. The centerpiece of its efforts and where the bulk of the first year’s disbursements have gone is a novel program to fund minority-owned venture capital firms that back under-represented entrepreneurs.

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Black business leaders in Massachusetts envision a 'new normal.' It starts with a public bank.

Email Massachusetts is less than a week away from lifting its remaining COVID-19 businesses restrictions. But even as companies emerge from more than a year of immense losses and pandemic-induced rules, leaders in the local Black business community aren’t looking forward to a return to normal. “Normal sucked; it wasn’t good for us,” says Samuel Gebru, the director of policy and public affairs for the Black Economic Council of Massachusetts. That the Black community faced stunning economic disparities in the Boston area and across the country well before the pandemic due to historic discriminatory policies was no secret. But it holds ever more true for minority entrepreneurs; according to a report by The Boston Foundation last week, Black and Latino business owners were far less likely receive debt financing or access loans needed for their companies, in addition to being hardest hit by the pandemic.

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Tercer debate: Candidatos a la Alcaldía de Boston opinan sobre seguridad laboral y cuidado infantil

Tercer debate: Candidatos a la Alcaldía de Boston opinan sobre seguridad laboral y cuidado infantil
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