Heard on the Street: SBA loans for ESOPs, Benefit Chicago sees investment potential in everyone, and more

By August 20, 2018 Heard on the Street

Heard on the Street – here’s what we were reading last week:

Historic Federal Law Gives Employee-Owned Businesses Access to SBA Loans: A new law makes employee-owned businesses eligible for Small Business Administration 7(a) loans for the first time.

Roxbury firm innovates security industry: Next Street client Windwalker Group was recently profiled in the Bay State Banner as a successful minority-owned business that is solving federal security needs. “Duverne was able to expand Windwalker into what it is today by learning what companies need to be most effective and successful, as well as watching and meeting market demands.”

A New Local Movement: Benefit Chicago demonstrates how place-based impact investing transforms a community by seeing the investment potential in everyone.

Chicago Segregation Mapping Project Makes Real-Life Connections: The Folded Map Project, an installation of photographs, shows the existence of “map twins” – two properties with the same address on opposite side of the city. The photos illustrate the vast differences between the north and south sides of the city, due to decades of redlining and disinvestment in black and brown neighborhoods.