Pixelcatchers | E+ | Getty Images Being a small business in search of financing is no easy task, especially for LGBTQ owners. According to a 2022 report from the Movement Advancement Project and the Center for LGBTQ Economic Advancement & Research (CLEAR), LGBTQ-owned businesses face higher rejection rates compared to their non-LGBTQ counterparts when applying …
OceanGate, the renowned deep-sea exploration company responsible for the Titan submersible, secured $447,000 in government loans during the pandemic through the Paycheck Protection Program (PPP), as disclosed by federal loan tracker ProPublica. The PPP is a program backed by the Small Business Administration that provided financial assistance to companies between April 2020 and May 2021 …
The proliferation of vape shops in recent years has become hard to ignore. From their vibrant rainbow-colored exteriors to prominent neon signs, these shops have seemingly appeared overnight in locations where they were least expected. According to industry estimates, the number of vape shops in the US has been steadily growing at an average rate …
Bank of America’s commitment to promoting diversity and inclusion in the investment industry has reached a new milestone. The bank announced on Thursday that it will be providing over $500 million in equity investments to minority- and women-led fund managers, with the aim of supporting diverse entrepreneurs. Emphasizing its dedication to diversity, Bank of America …