Heard on the Street – here’s what we were reading last week:
How Denver Is Working to Make Its Cannabis Economy More Equitable: The city’s new “targeted entrepreneurial assistance program” is designed to boost marijuana business ownership among Denverites of color.
Anita Hill: Business leaders must commit fully to diversity ‘for the sake of their own longevity’: After the murder of George Floyd and widespread corporate commitments to DEI, hundreds of corporations released statements of support for racial equity and pledged to allocate resources towards correcting systemic injustice. Yet, there is an obvious gap between these stated intentions and the results that have been implemented.
Not enough small companies are tapping into low-cost federal loans: A chat with the co-founder of Newity, a Chicago-based adviser to small businesses and an administrator of government-backed loan programs.
How small businesses are fighting inflation and fear of a recession: Fully 93% of small business owners are worried about the U.S. economy experiencing a recession in the next 12 months, a survey by Goldman Sachs.