How Andrea Jung, Lisa Mensah And Women Over 50 Are Safeguarding Small Businesses

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Small businesses are the lifeblood of the American economy: They employ 47% of the U.S. workforce and, in normal years, account for two thirds of new jobs

“There’s a proverb from Ghana that my dad always shared,” Mensah

Clark, who has been the Chamber’s president since 2019 and before that had been an executive vice president and its chief operating officer, has used her position of power to lobby for provisions within the CARES act and launch the #SaveSmallBusiness fund, which has distributed 1,246 grants to small business owners across the nation to help keep their doors open.

In May, Jung launched the Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide capital to the low-income female entrepreneurs the organization serves. In December, the organization announced athat will have a five-year life and, as loans are repaid, get redeployed. Grameen expects to deploy $200 million over the course of the fund.

Over the last year, Ureeka has paired with Facebook, Salesforce and other corporate partners to provide these entrepreneurs with more than $100 million in grants. But the coaching aspect of Ureeka’s program, Bradley says, is still just as crucial as it was before the pandemic.

 

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Small business and self employed account for the majority of workforce in USC and worldwide. Forgotten by administrations most of the time . Paid the brunt of Covid 19 and don’t even have the money to pay a nice lunch with lawmakers or offer a Golden retirement to others . .

Meanwhile women owned small businesses are facing this

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