Black Business Development: Creating Greater Access to Capital & Contracts  

The pandemic has intensified long-standing inequities that continue to make it challenging for Black-owned businesses to endure this ongoing crisis and gain pathways for recovery. Despite the wave of announced corporate commitments and government initiatives designed to bolster Black business over the past year, African American-owned companies, large and small, still grapple with a lack of capital access, business-building relationships, and growth opportunities. As such, financing and procurement opportunities must be
expanded and accelerated to launch, scale, and sustain their enterprises.