Heard on the Street: false hope of reopening, fintech opps for small businesses, and why OZones have largely failed

By October 5, 2020 Heard on the Street

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

Small Businesses Are the Engines of Inclusive Growth: Drexel’s Metro Finance director talks with Charisse Conanan Johnson, of small business advisory firm and B Corp Next Street, about what companies need for post-Covid success

The false hope of reopening is killing small businesses: During the pandemic, much of the conversation around small businesses has focused on lockdowns and reopening — just let things open back up again, the line of thinking goes, and everything will be okay. But the reality of the situation is that for many businesses, that’s just not the case.

3 Fintech Opportunities For Entrepreneurs Beyond 2020: The financial services industry has seen severe disruption, but that has only opened opportunities for entrepreneurs to leverage technology to deliver services more efficiently.

The Surprisingly Limited Success of Trump’s Signature Anti-Poverty Program: So far, opportunity zones have mostly benefited neighborhoods already on the upswing and middle-class renters. The opportunity zone program has no job guarantees and no mechanism that requires projects to benefit the poor.