Policy

A poster on Advancing Economic Opportunities for minority communities

RPIC Policy Agenda – Advancing Economic Opportunities for Minority Communities

By pwsadmin / May 13, 2022 / Comments Off on RPIC Policy Agenda – Advancing Economic Opportunities for Minority Communities

The wage and wealth gap between white and Black workers is an important contributor to disparities in access to quality housing, medical care, food access, and educational opportunities.

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How were minority and women owned small businesses assisted by the National Institute of Minority Economic Development during the pandemic?

By pwsadmin / May 11, 2022 / Comments Off on How were minority and women owned small businesses assisted by the National Institute of Minority Economic Development during the pandemic?

In a poll conducted by the Research, Policy, & Impact Center, RETOOLNC grant recipients were asked how they used funds they received during the pandemic.

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A pie chart on impact of rate increase on businsess

Poll Shows Rate Increase Adds Additional Financial Burden on Women and Minority Owned Small Business

By pwsadmin / May 11, 2022 / Comments Off on Poll Shows Rate Increase Adds Additional Financial Burden on Women and Minority Owned Small Business

Last Wednesday (5/3/22), the Federal Reserve raised interest rates by a half percentage point, the largest rate increase since 2000. The Fed previously raised its rate a quarter percentage point…

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PPP Lending Disparities by Race in 2020 and 2021

By pwsadmin / June 24, 2021 / Comments Off on PPP Lending Disparities by Race in 2020 and 2021

The Paycheck Protection Program (PPP) was widely criticized, for favoring white-owned businesses over Minority Business Enterprises. (MBE) In the study PPP loans were consolidated using the program Stata using data…

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PPP (Paycheck Protection Program) Disparities by Gender in North Carolina by Year

By pwsadmin / June 24, 2021 / Comments Off on PPP (Paycheck Protection Program) Disparities by Gender in North Carolina by Year

In order to determine whether Paycheck Protection loans in the North Carolina, suffered the same disparities between gender and race, as we found in our previous articles for 2020 PPP…

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Griffin & Strong Find Significant Disparities in N.C. Procurement: Non-Partisan Small Business Reserve Program is one of the Best Remedies for N.C.

By pwsadmin / June 1, 2021 / Comments Off on Griffin & Strong Find Significant Disparities in N.C. Procurement: Non-Partisan Small Business Reserve Program is one of the Best Remedies for N.C.

The NC Department of Administration’s Historically Underutilized Business Office recently released a disparity study, researched by Griffin & Strong P.C., on the availability and utilization of minority and women business…

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Education and Race in North Carolina and the U.S.

By pwsadmin / May 11, 2021 / Comments Off on Education and Race in North Carolina and the U.S.
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Win for Historically Black Colleges and Universities

By pwsadmin / April 29, 2021 / Comments Off on Win for Historically Black Colleges and Universities

North Carolina House Representative Alma Adams has won an important victory for Historically Black Colleges and Universities (HBCUs) by incorporating her bill, the HBCU Capital Finance Debt Relief Act, in…

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Disparities in PPP Lending by Gender

By pwsadmin / March 25, 2021 / Comments Off on Disparities in PPP Lending by Gender

As of January 31, 2021, the Treasury Department doled out over 6 million loans totaling nearly 600 billion dollars with an average loan amount of $98,560. The initial rollout of the program has been criticized for favoring larger businesses seeking higher loan amounts and effectively shutting out smaller minority and women owned businesses most likely to shutter their doors without immediate financial relief.

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Disparities in PPP Lending by Race

By pwsadmin / March 18, 2021 / Comments Off on Disparities in PPP Lending by Race

PPP loan data on race reveals disparities in the number of loans for the first time period PPP loans were given and amount of loans given to minority and non-minority owned businesses for both time periods.

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