.Beyonce's charitable foundation BeyGood announced that it’s partnering with the NAACP on the Black-Owned Small Business Impact Fund.
When the government rolled out the first installment of emergency loans known as the Paycheck Protection Program in April, funds effectively evaporated immediately. And while the CARES Act specifically instructed the Small Business Administration to prioritize business owners of color, the SBA apparently never got the memo; in one survey
of Black and Latinx business owners reported receiving the loans they asked for, and 26 percent received only a fraction of their requests.
France Dernières Nouvelles, France Actualités
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