Small Business Majority Provides Written Testimony for Subcommittee on Diversity and Inclusion

Tuesday, July 14, 2020

Small Business Majority submitted written testimony for the record for the House Committee on Financial Service's Subcommittee on Diversity and Inclusion's, "Access Denied: Challenges for Women- and Minority-Owned Businesses Accessing Capital and Financial Services" hearing. The contributions of entrepreneurs of color and women to our local and national economies cannot be overlooked. Despite these contributions, women and entrepreneurs of color confront obstacles unique to their experiences that white business owners do not, particularly ongoing discrimination in accessing capital and critical business support services. This has only been exacerbated as a result of the COVID-19 pandemic and key policy solutions must be implemented to mitigate these systemic barriers.