As Congress negotiates the next COVID-19 relief package, a new proposal suggests using unemployment insurance to encourage entrepreneurship, alongside traditional employment.

Currently, unemployment benefits focus on salaried jobs, but five states—Delaware, Mississippi, New Hampshire, New York, and Oregon—have implemented Self-Employment Assistance (SEA) programs that support unemployed individuals pursuing entrepreneurship.

The National Inclusive Metro Recovery Playbook, developed in partnership with Accelerator for America and the Mastercard Center for Inclusive Growth, addresses the severe impact of the COVID-19 pandemic on small businesses, particularly those owned by Black entrepreneurs.

Local leaders can't afford to wait for federal clarity—they must act now. As the nation faces economic uncertainty, metro areas must organize recovery efforts, leveraging public, private, and philanthropic resources.

The COVID-19 crisis is the greatest economic shock since the Great Depression, and it is landing hardest on our nation’s small businesses, the heart of local economies and community life.

Supplier diversity and equitable access to capital are essential for the growth of small businesses, especially those owned by people of color. Charisse Conanan Johnson of Next Street emphasizes the firm's role in driving inclusive economic growth through business development programs and strategic partnerships.

COVID-19 has emphasized both the necessity of national intervention and the strength of local leadership. Cities, functioning as networks of public, private, and civic institutions, have demonstrated agility in addressing economic and social challenges. Moving forward, a balanced approach—combining national investment with devolved local flexibility—will be essential for an inclusive and sustainable recovery.

COVID-19 has exacerbated longstanding challenges in Philadelphia, including poverty, inequality, and economic sustainability. In response, the city must design an inclusive recovery strategy, leveraging local institutions such as universities, hospitals, and philanthropic organizations. The plan includes creating a $250 million Regeneration Fund to support innovation, workforce skills upgrading, business development, and community resilience.

The COVID-19 crisis has exacerbated challenges for small businesses, particularly Black-owned enterprises, due to inadequate federal relief efforts and limited research funding.

Cities must take action by analyzing business ecosystems, engaging anchor institutions in procurement shifts, strengthening business incubators, innovating financial products, and securing community benefits through policy change.

Five months into the COVID-19 crisis, small businesses, particularly minority-owned, continue to struggle. Federal relief efforts like the HEALS Act provide some support, but they fall short for very small businesses.

The RELIEF for Main Street Act advocates for direct funding through state and local governments, enabling faster and more equitable distribution. This approach, combined with reforms to existing programs, aims to ensure a more inclusive and sustainable recovery for small businesses.

Small businesses, especially those in majority-Black districts, face significant challenges due to COVID-19 and civil unrest. Long-standing issues like the underrepresentation of Black-owned businesses, their smaller size, and lower revenues have been worsened by the pandemic, highlighting the urgent need for support and revitalization.

As local and state governments begin reopening after COVID lockdowns, many small businesses, particularly Black-owned businesses, are struggling. This series of white papers analyzes the pre-COVID small business landscape and provides guidance for policymakers to stabilize and revitalize small business ecosystems in the aftermath of the crisis.

The COVID-19 crisis has hit small businesses, especially those owned by people of color, hard. Data from the 2018 Annual Business Survey shows Black-owned businesses are underrepresented, with smaller size and lower revenues. These businesses struggled to access relief programs like PPP due to systemic issues, highlighting the need for a targeted, structural response to support recovery.

The U.S. COVID-19 response revealed critical failures in its federalist system, leaving state and local governments financially strained. With declining tax revenues and essential services at risk, federal intervention is crucial.

The RELIEF for Main Street Act, introduced by Senator Cory Booker and Congressman Dan Kildee, aims to provide $50 billion in direct assistance to cities, counties, and states for small business relief, particularly targeting micro and minority-owned businesses affected by COVID-19.

With bipartisan support and backing from 100 mayors, the Act emphasizes flexibility and local control in recovery efforts.

The COVID-19 crisis has devastated small businesses, especially on Main Street. Many face collapse despite relief efforts, threatening local economies. Main Street Regenerators can help by revitalizing commercial districts, supporting businesses, and stabilizing rents.

The COVID-19 crisis has highlighted the need for workforce development. The Relaunching America’s Workforce Act proposes $15 billion to retrain workers, building on the TAACCCT program. The act focuses on community colleges and high-demand sectors, with increased investment, racial equity, and strong coordination needed for effective recovery.