Nashville government reported that it spent $49 million during the first year of its Equal Business Opportunity (EBO) program – but Asians didn’t make the list. $30 million reportedly went to women business enterprises, and $19 million went to minority business enterprises. The report noted that it had a 250 percent participation increase with Black, Brown, and women-owned subcontractors.
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Commentary: The Lockdowns Crushed Minority-Owned Businesses the Most
Since the beginning of the COVID-19 pandemic, minorities have disproportionately suffered from the virus’s health effects. A new study reveals that the government-mandated economic lockdowns have also hit minorities hardest.
In response to the outbreak and under the guidance of federal agencies such as the Centers for Disease Control, state and local governments imposed quarantine orders and mandated shutdowns for many businesses deemed “non-essential.” Whether one supports lockdowns as a public health measure or not, they undoubtedly resulted in tens of millions of Americans and counting filing for unemployment and a sharp economic downturn.
Read MoreMinnesota Riot Ravaged Minority-Owned Businesses
After the dust settled in the Twin Cities, it’s clear rioters ravaged many businesses owned by minorities and immigrants.
Luis Tamay is an immigrant who saved for longer than 10 years to open his restaurant in South Minneapolis, El Sabor Chuchi, which burned down Friday night as he obeyed curfew, The Star Tribune reported.
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