The economic toll from COVID-19 has put a microscope on the inequities facing underserved small businesses, especially women- and minority-owned businesses. Next Street is committed to building the next generation of small business ecosystems, to ensure that all small businesses have access to the resources they need to weather impacts from a crisis like the COVID-19 pandemic and emerge stronger than they were before.

Our Recovery & Resiliency Solutions

Next Street is partnering with forward-thinking banks, CDFIs, corporation, foundations, government, and investors to deliver capital, customers, and services to the small businesses that were hardest hit by the pandemic, in order to position them for future growth. If you’re interested in partnering with us or learning more, please contact us.

Advisory

  • Small business ecosystem recovery coordination and fund implementation partner
  • Corporate / anchor strategies to support small business customers or suppliers
  • Strategy hackathon / audit for ecosystems and lenders

Capital

  • Local ecosystem SBA response funds 
  • Industry specific response funds
  • Equity capital funds focused on entrepreneurs of color in high growth sectors
  • Grant funds with standardized, tech-enabled intake and review process

Programs

  • Recovery program design
  • Recovery and resiliency curriculum & tools
  • Workshop delivery
  • One-on-one small business assistance
  • Impact measurement
  • Capacity building for small business serving organizations
  • Community building

In the News

The Bond Buyer: Beyond investment: Helping Black, Brown businesses thrive after COVID

Bloomberg Businessweek: Not All Small Business Lenders Are the Same

The New Localism: Needed: A Main Street Emergency Act

StarTribune: Race is on for small business bailout: ‘I’m worried the funding is going to run out’

New York Times: For Small-Business Owners, Hard Decisions Become Personal

NPR: The Coronavirus Small Business Loan Program: What You Need To Know

Marketplace: I can’t afford rent for my small business because of COVID-19. What can I do?

NPR: The 1st Of The Month Means Bills Are Due, Even For Coronavirus-Slowed Businesses

Center for an Urban Future: Supporting Small Business Through Coronavirus- Ideas From Experts and Leaders Across NYC