December 15, 2020
In Northern Virginia, like much of the nation, Black-owned businesses are being negatively impacted by the COVID-19 pandemic. One report found 41% of Black-owned businesses have been forced to close due to COVID-19 compared to just 17% of white-owned businesses. All of this while Black-owned businesses face long-term, racial disparities that severely restrict business ownership, growth, and access to investment capital.
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As part of our Build Back – Dream Forward: COVID-19 Response Fund Event Series, the Community Foundation for Northern Virginia, along with the Northern Virginia Black Chamber of Commerce hosted
Business NOT as Usual: We Need More Capital, More Loans, More Equity for Black-Owned Businesses webinar Thursday, December 3, 2020, to examine strategies for advancing a more inclusive economic recovery. Keynote Speaker Andre M. Perry, Fellow at the Brookings Institution s Metropolitan Policy Program shared new analysis on Black business owner
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