According to the Small Business Administration, 95% of the 2.6 million African American-owned business have no employees. And although African American solopreneurs and businesses with less than ten employees are more likely to face barriers such as access to capital and difficulty scaling their business, they make up one of the fastest growing business sectors in the country.
The President extolled the virtues of Black-owned newspapers and media companies
“Protect your children and your grandchildren, protect those who you come in contact with,” Congressman Clyburn stated during the annual National Newspaper Publishers Association Fund’s (NNPAF) Black Press Week. “Take the shot. It’s safe to do,” the congressman declared during an interview with Real Times Media President and CEO Hiram Jackson.
“Today, the Senate passed the American Rescue Plan bringing us one step closer to delivering much-needed relief,” President Biden said from the White House shortly after the measured passed along party lines. “When I took office, I promised help was on the way. Thanks to Senate Majority Leader Charles Schumer and Senate Democrats, we’ve taken one more giant step forward in delivering on that promise. I hope the American Rescue Plan receives quick passage in the House so it can be sent to my desk to be signed,” the president continued.
PPP Loans Awarded to 10,750 CA-43 Businesses in Gardena, Harbor City, Hawthorne, Inglewood, Lawndale, Lomita, Los Angeles, Playa Vista, and Torrance Areas
On March 19 and April 2, Congresswoman Waters conducted the first two in a series of 43rd District telephone town hall meetings that included approximately 19,000 and 15,000 local residents, respectively. Her calls featured presentations by the Los Angeles County Department of Health, the IRS, the Small Business Administration, all of the school districts in the 43rd District, LA Metro, LA Homeless Services Authority, LA Regional Food Bank, Legal Aid Foundation of Los Angeles, Watts Health Care, South Bay Family Health Clinic, and UMMA Community Clinic.
Upholding her promise, Congresswoman Maxine Waters held another telephone town hall meeting with Los Angeles residents to detail more facts regarding COVID-19. The phone call was held Thursday, April 2, 2020, with nearly 15K listeners on the line.
Earlier, several civil rights organizations noted watching with vigilance as Senate negotiations and, later, voting in both chambers took place. “We know that when the economy goes into decline, people of color always bear the brunt,” said Teresa Candori, communications director for the National Urban League. “We will be fighting to make sure the most vulnerable communities are not an afterthought.”
The first workshop will start November 2nd from 1:00PM-6:00PM at Los Angeles Trade Tech College
Sharon Coleman is the founder, and CEO of Coleman Construction, Inc., a major contracting firm located in Los Angeles