To spur the creation of millions of new businesses, Vice President Kamala Harris is set to propose a handful of new benefits to entrepreneurs and small business owners as part of a second wave of economic proposals set to be unveiled Wednesday.
Vice President Kamala Harris is set to propose a handful of new benefits to entrepreneurs and small business owners to spur the creation of millions of new businesses, as part of a second wave of economic proposals set to be unveiled Wednesday.
In particular, Harris promoted legislation that provided capital to Community Development Financial Institutions , which are dedicated to serving low-income people and communities that are missed by traditional lenders. While many small businesses struggled during the Covid-19 pandemic, those owned by people of color were hit hardest. On Wednesday, Harris will call for more funding for those banks.
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