To achieve racial and ethnic
parity in business ownership by
the end of 2030
Massachusetts is home to a rich set of small business resources, but many do not reach small businesses owned by entrepreneurs of color. These small businesses, particularly those owned by Black, Latinx, immigrant and low-income entrepreneurs have been fueling the state’s economy, but they are more vulnerable in recessions. The COVI D-19 presents a unique opportunity to build an equitable ecosystem that centers entrepreneurs of color and positions them to contribute to the Massachusetts economy at their full potential.
We envision a Commonwealth in which the racial wealth gap is closed and that provides a welcoming and fertile environment and sustained investments for Black, Latino, Indigenous, and other underserved small businesses to thrive and grow their capacity, resilience, economic power and impact.
