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Bankrate insight. Between the SBA 504 and 7(a) programs in the 2023 fiscal year, 13,056 were approved for women-owned businesses of 50 percent or more, compared to the 42,409 approved men-owned ...
COVID-19 Response Fund: To address COVID-19’s impact on the community, FFTC and United Way of Central Carolina launched the COVID-19 Response Fund, a grantmaking program designed to assist local nonprofits in aiding those affected by the pandemic. The fund raised more than $20 million, distributing grants to more than 200 nonprofits helping ...
The North Carolina Mutual Life Insurance Company headquarters in Durham N.C. By far the most prominent black entrepreneur of the century of was Charles Clinton Spaulding (1874 – 1952), president of North Carolina Mutual Life Insurance Company in Durham, North Carolina. [29] [30] It was the nation's largest black-owned business. It operated a ...
In response to predatory loans, Self-Help worked with a state coalition in 1999 to help pass the North Carolina Predatory Lending Law, the first such law in the country. [6] In 2002, Self-Help established the Center for Responsible Lending (CRL) [ 7 ] to build on initial successes and expand our focus nationally, and to tackle practices such as ...
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Baird believes that initial funding was elusive in part because as a Black man without a background in software development, he was an outsider. Analysis: For Black founders, venture funding ...
Anne Cannon Forsyth (August 23, 1930 – May 11, 2003) was a Cannon textiles and R.J. Reynolds tobacco families heiress, and education activist who created the Anne C. Stouffer Foundation in 1967, which was the first foundation to offer full scholarships for young African-American students to attend elite southern preparatory boarding schools.
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