Small business technical assistance - Data/Research
Businesses owned by black women have experienced unprecedented growth over the past two decades. This report, based on national data and a series of interviews with black women business owners, presents a summary of business owners' motivation, challenges, support and financial trends.
Entrepreneurship ecosystems leverage the resources of local communities to support entrepreneurs as they start and scale high-growth companies. This guide gives ecosystem builders an overview of key concepts and recommendations on how to develop high-growth entrepreneurship in communities of color.
The report from the Kansas City Fed focuses on broadband access, economic impact and success stories for communities wishing to narrow the digital divide. The digital divide refers to the gap between those with and without access to affordable, reliable broadband and the skills and equipment to utilize it.
The second issue of Community Scope 2016 examines the patterns in geographic service provision by respondent CDFIs in urban, rural, low- and moderate-income (LMI), underserved and distressed markets and areas.
Community Development Financial Institutions in the Southeast: Surveying the Social Investment Landscape
Volume 4, Issue 1 2016 of Community Scope uses the results of the 2015 survey to present timely key findings on CDFI activity in the Southeast, including capitalization, demand, capacity, non-lending programs and services, and impact investing.
Missed the live webcast? Presentation slides and videos are now available from “Community Banking in the 21st Century,” the third annual community banking research and policy conference, hosted by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS). Also available from the conference is a report that details conditions facing today's community bankers. Speakers and moderators of the event, held in St. Louis Sept. 30 - Oct. 1, 2015, included: Fed Chair Janet Yellen; Fed Governor Lael Brainard; St. Louis Fed President James Bullard; CSBS Chairman/Massachusetts Commissioner of Banks David Cotney; CSBS President and CEO John Ryan; and Houston Astros President of Business Operations Reid Ryan, founding investor and board member, R Bank and R Corp Financial, Round Rock, Texas.
In this August 2014 Economic Commentary from the Cleveland Fed, a trio of researchers examined trends in new business formation, using the Census Bureau’s Business Dynamics Statistics database, and why the rate declined over a three-and-a-half-decade period. They found that while new firms have been forming at a slower pace over the previous 33 years and creating fewer jobs, there has been a simultaneous rise in the number of new establishments opened by existing businesses, which they call 'new outlets.' As the rate of new outlet formation has risen, so has the rate of job creation at new outlets.
A March 2011 Economic Commentary from the Cleveland Fed found that the Great Recession was actually a time of considerable decline in entrepreneurial activity in the US.
Alternative Lending through the Eyes of “Mom and Pop” Small-Business Owners: Findings from Online Focus Groups
The online alternative lending industry holds promise for expanding access to credit for small businesses. But it also poses potential risks, as the small-dollar credit products offered by alternative lenders can be considerably more expensive than traditional credit. To gauge small-business owners’ perceptions and understanding of online alternative lenders and their product offerings, two Federal Reserve researchers conducted online focus groups with 44 “mom and pop” businesses in a wide range of industries and from across the United States. This report details their findings.
The Dallas Fed provides the results of its second annual Texas Small Business Needs Assessment Poll, conducted in partnership with the Texas Small Business Development Center Network. Over 1,400 micro- and small businesses reported on firm size, performance, financing and employee skills gaps, revealing overall optimism about business performance.