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LI minority-owned small businesses hit harder by pandemic, report says

LI minority-owned small businesses hit harder by pandemic, report says
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Study: Pandemic Hit Businesses In Communities Of Color, Low-Income Areas Hardest On Long Island

Tim Mossholder from Pexels A study this week shows the unequal impact the pandemic had on Long Island’s downtowns. It says businesses in lower-income communities and businesses of color were hit the hardest. Rauch Foundation commissioned the study, and was presented at the Long Island Regional Planning Council s quarterly meeting this week.  Sulin Carling, co-author of the study, said many struggled to access capital and online marketing tools. “Without support, there’s really a risk of broad loss of downtown businesses in lower income communities and communities of color,” Carling said. “Our downtowns have really sort of had a lot of challenges and some of them have done really well, some of them have been nimble, some of them have been creative and some of them have come up with really interesting ways to address and blunt some of these challenges,” Co-author Shuprotim Bhaumik said.

Report: Lower-income downtowns hit harder by pandemic

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