Prime Minister announces support for Black entrepreneurs and business owners

[Joe Money]

Prime Minister announces support for Black entrepreneurs and business owners

Every day, Black business owners and entrepreneurs make invaluable contributions to communities across the country, and their success is essential to Canada’s economic recovery and future prosperity. The COVID-19 pandemic has highlighted and exacerbated existing systemic barriers faced by Black...

pm.gc.ca

 

[Joe Money]

 

[Simply_Black]

Prime Minister announces support for Black entrepreneurs and business owners

Every day, Black business owners and entrepreneurs make invaluable contributions to communities across the country, and their success is essential to Canada’s economic recovery and future prosperity. The COVID-19 pandemic has highlighted and exacerbated existing systemic barriers faced by Black...

pm.gc.ca

Good.... we need to see more of that done worldwide.... without the high interest rate on loans of course.

 

[london]

Interesting

 

[Hey Julian!]

CDOS?

 

[Wobble Wobble]

CDOS?

Actually, while ya joking, the original Black Canadians (think the Jazz pianist Oscar Peterson and The Rock) would qualify as "ADOS" as they descend from ante-bellum runaways. The overwhelming majority of Black Canadians now are immgrants.

 

[b_visionary]

Interesting... BLM movement here is influencing other contries to do shit for their black populations that they will not do here.

 

[veritech]

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA
Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out systemic racism from our laws, our policies, our institutions, and our hearts.

The Biden Plan for Black America will:

• Advance the economic mobility of African Americans and close the racial wealth and income gaps.
• Expand access to high-quality education and tackle racial inequity in our education system.
• Make far-reaching investments in ending health disparities by race.
• Strengthen America’s commitment to justice.
• Make the right to vote and the right to equal protection real for African Americans.
• Address environmental justice.

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA - Joe Biden for President: Official Campaign Website

Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out...

joebiden.com

 

[Joe Money]

Interesting... BLM movement here is influencing other contries to do shit for their black populations that they will not do here.

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA
Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out systemic racism from our laws, our policies, our institutions, and our hearts.

The Biden Plan for Black America will:

• Advance the economic mobility of African Americans and close the racial wealth and income gaps.
• Expand access to high-quality education and tackle racial inequity in our education system.
• Make far-reaching investments in ending health disparities by race.
• Strengthen America’s commitment to justice.
• Make the right to vote and the right to equal protection real for African Americans.
• Address environmental justice.

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA - Joe Biden for President: Official Campaign Website

Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out...

joebiden.com

Search through this plan and notice how often the terms “minority”, “women”, and “people of color” are used. Nothing about it is a Black-specific. But Trudeau’s plan is.

 

[veritech]

Search through this plan and notice how often the terms “minority”, “women”, and “people of color” are used. Nothing about it is a Black-specific. But Trudeau’s plan is.

you say potato. i say potato.

damn yall are going through too much to split hairs to fuck up this country.

 

[pimp1101]

you say potato. i say potato.

damn yall are going through too much to split hairs to fuck up this country.

 

[xfactor]

Justin Trudeau for POTUS 2020!

 

[xfactor]

CDOS?

The original Canadians were so-called black.

 

[Joe Money]

you say potato. i say potato.

damn yall are going through too much to split hairs to fuck up this country.

Let me clarify the Democrat double-speak for you. “Women” means “White women”, “people of color” means “every other non-white group except Black” and “minority” means “any technical legal minority, including white LGBT.”

Do you get it now? Do you see the hustle? Market it as a “Black” plan to get Black voters like you, but distribute the actual policy to help every other group except Black people.

 

[veritech]

Let me clarify the Democrat double-speak for you. “Women” means “White women”, “people of color” means “every other non-white group except Black” and “minority” means “any technical legal minority, including white LGBT.”

Do you get it now? Do you see the hustle? Market it as a “Black” plan to get Black voters like you, but distribute the actual policy to help every other group except Black people.

I don't agree with you considering the page is titled BLACK AMERICANS.

 

[Joe Money]

I don't agree with you considering the page is titled BLACK AMERICANS.

Did you read through the actual policies?

Here are a few examples:

• Double funding for the State Small Business Credit Initiative. The Obama-Biden Administration created the State Small Business Credit Initiative (SSBCI) to support small businesses, driving $10 billion in new lending for each $1 billion in SSBCI funds. Biden will extend the program through 2025 and double its federal funding to $3 billion, driving close to $30 billion of private sector investments to small businesses all told, especially those owned by women and people of color.
• Expand the New Markets Tax Credit, make the program permanent, and double Community Development Financial Institutions (CDFI) funding. The New Markets Tax Credit has helped draw tens of billions of dollars in new capital to low-income communities, providing tax credits to investors in community development organizations that support everything from supermarkets to real estate projects to manufacturing plants. As part of his plan to reinvest in communities across the country, including in rural areas, Biden will also double funding for the Community Development Financial Institutions (CDFI) Fund, which supports local, mission-driven financial institutions in low-income areas around the U.S. This builds on Biden’s proposal to support entrepreneurs in small towns and rural areas by expanding both the Rural Microentrepreneur Assistance Program and the number of Rural Business Investment Companies, to help rural businesses attract capital.
• Making permanent the successful Community Advantage loan program, originally created during the Obama-Biden Administration. The program, which provides capital for startups and growing small businesses located in particularly underserved communities through CDFIs and other mission-driven lenders, has been run as a pilot program since 2011. Biden will make this program permanent and reverse rules enacted by the Trump Administration that are making it more difficult for lenders to participate in the program and lend to African American-owned businesses and other businesses located in underserved communities.
• Increase opportunities for African American-owned businesses to obtain or participate in federal contracts. In the aftermath of the 2008-2009 financial crisis, well over $100 billion of federal prime contracting dollars were awarded to minority-owned small businesses. And, between 2013 and 2016, the Obama-Biden Administration increased federal prime contract dollars going to Small Disadvantaged Businesses by nearly 30%, from $30.6 billion to $39.1 billion. The Obama-Biden Administration also created an Interagency Task Force on Federal Contracting Opportunities for Small Businesses, which included a focus on contracting opportunities for minority-owned businesses. The Obama-Biden Administration implemented its vision of more equitable access to federal contracts through a variety of channels, including by launching the Federal Procurement Center (FPC) as part of the Commerce Department’s Minority Business Development Agency (MBDA). The FPC, a first-of-its-kind program, helps minority-owned firms apply for and win federal government contracts. As President, Biden will build on these efforts to support the expansion of opportunities for minority-owned small businesses.
• Increase funding for the Minority Business Development Agency budget. MBDA plays a critical role in supporting the development and growth of minority-owned businesses around the country, as well as providing needed assistance to federal and state agencies so that they award minority-owned businesses procurement contracts. The Trump Administration has pushed for a 75% cut in MBDA’s budget. Biden would protect and call for increased funding for it.
• Make sure economic relief because of COVID-19 reaches the African American businesses that need it most. The first installment of the Paycheck Protection Program (PPP) largely left out minority-owned businesses. The Center for Responsible Lending estimates that more than 90% of small businesses owned by people of color will not receive loans. The program is not taking into account the specific challenges that African American businesses face in accessing funding and complying with the program’s requirements. The financial institutions best positioned to help African American small businesses don’t have the systems to quickly deploy the funding in a first-come first-served approach. The second phase set aside $60 billion for community banks and CDFIs, as well as mid-sized banks, which can better serve smaller businesses and minority-owned firms. This is a good start, but more needs to be done:
• Reserve half of all the new PPP funds for small businesses with 50 employees or less, so the bigger and more well-connected aren’t able to win in a first-come, first-served race. While this will help the vast majority of small businesses, it should also help target more funding to minority-owned businesses, given 98% of all minority-and women-owned businesses have fewer than 50 employees.
• Produce a weekly dashboard to show which small businesses are accessing loans. Such a dashboard would help drive better data collection on the beneficiaries of small business support related to the COVID-19 epidemic, including in particular collecting data by gender and race, in order to ensure that the program isn’t leaving out communities, minority- and women-owned businesses, or the smallest businesses.

 

[xfactor]

Interesting thread...

considering BGOL is GLOBAL and there are many non-Americans commenting on American political matters daily, this thread is ghost.

I wonder why? Can’t possibly be that a government is doing something specific for their so-called black population is it?

 

[veritech]

Did you read through the actual policies?

Here are a few examples:

• Double funding for the State Small Business Credit Initiative. The Obama-Biden Administration created the State Small Business Credit Initiative (SSBCI) to support small businesses, driving $10 billion in new lending for each $1 billion in SSBCI funds. Biden will extend the program through 2025 and double its federal funding to $3 billion, driving close to $30 billion of private sector investments to small businesses all told, especially those owned by women and people of color.
• Expand the New Markets Tax Credit, make the program permanent, and double Community Development Financial Institutions (CDFI) funding. The New Markets Tax Credit has helped draw tens of billions of dollars in new capital to low-income communities, providing tax credits to investors in community development organizations that support everything from supermarkets to real estate projects to manufacturing plants. As part of his plan to reinvest in communities across the country, including in rural areas, Biden will also double funding for the Community Development Financial Institutions (CDFI) Fund, which supports local, mission-driven financial institutions in low-income areas around the U.S. This builds on Biden’s proposal to support entrepreneurs in small towns and rural areas by expanding both the Rural Microentrepreneur Assistance Program and the number of Rural Business Investment Companies, to help rural businesses attract capital.
• Making permanent the successful Community Advantage loan program, originally created during the Obama-Biden Administration. The program, which provides capital for startups and growing small businesses located in particularly underserved communities through CDFIs and other mission-driven lenders, has been run as a pilot program since 2011. Biden will make this program permanent and reverse rules enacted by the Trump Administration that are making it more difficult for lenders to participate in the program and lend to African American-owned businesses and other businesses located in underserved communities.
• Increase opportunities for African American-owned businesses to obtain or participate in federal contracts. In the aftermath of the 2008-2009 financial crisis, well over $100 billion of federal prime contracting dollars were awarded to minority-owned small businesses. And, between 2013 and 2016, the Obama-Biden Administration increased federal prime contract dollars going to Small Disadvantaged Businesses by nearly 30%, from $30.6 billion to $39.1 billion. The Obama-Biden Administration also created an Interagency Task Force on Federal Contracting Opportunities for Small Businesses, which included a focus on contracting opportunities for minority-owned businesses. The Obama-Biden Administration implemented its vision of more equitable access to federal contracts through a variety of channels, including by launching the Federal Procurement Center (FPC) as part of the Commerce Department’s Minority Business Development Agency (MBDA). The FPC, a first-of-its-kind program, helps minority-owned firms apply for and win federal government contracts. As President, Biden will build on these efforts to support the expansion of opportunities for minority-owned small businesses.
• Increase funding for the Minority Business Development Agency budget. MBDA plays a critical role in supporting the development and growth of minority-owned businesses around the country, as well as providing needed assistance to federal and state agencies so that they award minority-owned businesses procurement contracts. The Trump Administration has pushed for a 75% cut in MBDA’s budget. Biden would protect and call for increased funding for it.
• Make sure economic relief because of COVID-19 reaches the African American businesses that need it most. The first installment of the Paycheck Protection Program (PPP) largely left out minority-owned businesses. The Center for Responsible Lending estimates that more than 90% of small businesses owned by people of color will not receive loans. The program is not taking into account the specific challenges that African American businesses face in accessing funding and complying with the program’s requirements. The financial institutions best positioned to help African American small businesses don’t have the systems to quickly deploy the funding in a first-come first-served approach. The second phase set aside $60 billion for community banks and CDFIs, as well as mid-sized banks, which can better serve smaller businesses and minority-owned firms. This is a good start, but more needs to be done:
• Reserve half of all the new PPP funds for small businesses with 50 employees or less, so the bigger and more well-connected aren’t able to win in a first-come, first-served race. While this will help the vast majority of small businesses, it should also help target more funding to minority-owned businesses, given 98% of all minority-and women-owned businesses have fewer than 50 employees.
• Produce a weekly dashboard to show which small businesses are accessing loans. Such a dashboard would help drive better data collection on the beneficiaries of small business support related to the COVID-19 epidemic, including in particular collecting data by gender and race, in order to ensure that the program isn’t leaving out communities, minority- and women-owned businesses, or the smallest businesses.

GO VOTE. VOTE EARLY. HELP YOUR FAMILY AND FRIENDS VOTE.

 

[Joe Money]

GO VOTE. VOTE EARLY. HELP YOUR FAMILY AND FRIENDS VOTE.

I destroyed your argument and exposed Biden so thoroughly that you had NOTHING of substance to reply with!

 

[veritech]

I destroyed your argument and exposed Biden so thoroughly that you had NOTHING of substance to reply with!

Angela Davis says to campaign and vote for Biden.

No one on the board can claim to be blacker than Angela Davis. Go Vote.



U are not blacker nor have u sacrificed as much as Angela Davis. She is supporting a black agenda and voting for Biden to hold him accountable to that agenda. Stop this ignant talk.

You don't hold a candle to Angela Davis on issues for Black America. So just learn wisdom from this Black American Hero.

Angel Davis Backs Joe Biden Because He Can Be Pressured By The Left

Activist Angela Davis said in an interview she's rallying for Joe Biden because he's the candidate “who can be most effectively pressured” by the left.

www.google.com

So Black American Heroes that have skin and the game and have bled for Black America and this country are saying they are voting for Biden and are going to hold him accountable for Black American's agenda after he is elected.

And you haven't shed a tear or sweated one drop and you say you are not going to vote yet people are supposed to follow your suit.

Shut up, fraud/agent/troll. U sound mad ignorant.

 

[xfactor]

sorry playa, but Angela Davis is compromised. Get out of the two-party system but vote for the two-party system

Or are you a feminist now? That is the only thing she has in common with the Democrat agenda based on her past work.

“No one on the board can claim to be blacker than Angela Davis” - you sound like an idol worshiper AKA an idolater/celebrity worshiper.

this fool is talking against Russian interference in another thread and admitting he is down with the Russians in this thread. He has totally lost his mind over trump.

Angela Davis says to campaign and vote for Biden.

No one on the board can claim to be blacker than Angela Davis. Go Vote.



U are not blacker nor have u sacrificed as much as Angela Davis. She is supporting a black agenda and voting for Biden to hold him accountable to that agenda. Stop this ignant talk.

You don't hold a candle to Angela Davis on issues for Black America. So just learn wisdom from this Black American Hero.

Angel Davis Backs Joe Biden Because He Can Be Pressured By The Left

Activist Angela Davis said in an interview she's rallying for Joe Biden because he's the candidate “who can be most effectively pressured” by the left.

www.google.com

So Black American Heroes that have skin and the game and have bled for Black America and this country are saying they are voting for Biden and are going to hold him accountable for Black American's agenda after he is elected.

And you haven't shed a tear or sweated one drop and you say you are not going to vote yet people are supposed to follow your suit.

Shut up, fraud/agent/troll. U sound mad ignorant.

 

[gene cisco]

I destroyed your argument and exposed Biden so thoroughly that you had NOTHING of substance to reply with!

You just need to have more patience. You've already stated your case in multiple threads and have the receipts to prove it. Next level of the game is to predict the excuses cats will have for when shit don't get done AFTER Trump is evicted. We can actually turn it into a pool.

Since goalposts will be moved, the only way to make sure they move to quicksand is have the excuses already laid out.

I think one excuse they will use for Biden's inaction on black issues is that Trump left things a mess and it will take Biden time to get back to normal. They might push that heavy the first year. Another might be Biden can't act as quickly as Trump did because that's not really how government works. Another one might be the infamous "what is it that black people are asking for?"horseshit.

The excuses will be fucking epic especially since dems should control congress.

 

[xfactor]

You just need to have more patience. You've already stated your case in multiple threads and have the receipts to prove it. Next level of the game is to predict the excuses cats will have for when shit don't get done AFTER Trump is evicted. We can actually turn it into a pool.

Since goalposts will be moved, the only way to make sure they move to quicksand is have the excuses already laid out.

I think one excuse they will use for Biden's inaction on black issues is that Trump left things a mess and it will take Biden time to get back to normal. They might push that heavy the first year. Another might be Biden can't act as quickly as Trump did because that's not really how government works. Another one might be the infamous "what is it that black people are asking for?"horseshit.

The excuses will be fucking epic especially since dems should control congress.

Quite a few of us are going to be vindicated after this is over and it won’t be the majority of posters you see on BGOL now. They keep claiming people are trump supporters when people have never stated support for trump but because we don’t support national democrats, we default to being a trump supporter
These fools really believe the propaganda they see on tv and I still maintain my comment that Bush was worse than trump.

 

[AllUniverse17]

Let me clarify the Democrat double-speak for you. “Women” means “White women”, “people of color” means “every other non-white group except Black” and “minority” means “any technical legal minority, including white LGBT.”

Do you get it now? Do you see the hustle? Market it as a “Black” plan to get Black voters like you, but distribute the actual policy to help every other group except Black people.

What actually prevents black peeps from taking advantage of those programs?

Also, how does this agenda compare to Trump's black agenda?

Should we be voting for the candidate with the best agenda or should we only vote if the agenda is ideal?

 

[Joe Money]

You just need to have more patience. You've already stated your case in multiple threads and have the receipts to prove it. Next level of the game is to predict the excuses cats will have for when shit don't get done AFTER Trump is evicted. We can actually turn it into a pool.

Since goalposts will be moved, the only way to make sure they move to quicksand is have the excuses already laid out.

I think one excuse they will use for Biden's inaction on black issues is that Trump left things a mess and it will take Biden time to get back to normal. They might push that heavy the first year. Another might be Biden can't act as quickly as Trump did because that's not really how government works. Another one might be the infamous "what is it that black people are asking for?"horseshit.

The excuses will be fucking epic especially since dems should control congress.

You're right man. Time to just let it play out at this point. Good thing is that we already have a precedent for the excuses because they were the same ones made for Obama.

 

[gene cisco]

What actually prevents black peeps from taking advantage of those programs?

Also, how does this agenda compare to Trump's black agenda?

Should we be voting for the candidate with the best agenda or should we only vote if the agenda is ideal?

Well, if we go that route, what's to stop us from taking advantage of all the shit currently going on? From those programs to free workshops at libraries to all the fucking tools online. As you know, this country is so full of opportunity people walk here.

 

[AllUniverse17]

Well, if we go that route, what's to stop us from taking advantage of all the shit currently going on? From those programs to free workshops at libraries to all the fucking tools online. As you know, this country is so full of opportunity people walk here.

Really not sure what you are saying here.

 

[BDR]

Time to move to Toronto... Tdot hoes look better too

 

[Soul On Ice]

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA
Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out systemic racism from our laws, our policies, our institutions, and our hearts.

The Biden Plan for Black America will:

• Advance the economic mobility of African Americans and close the racial wealth and income gaps.
• Expand access to high-quality education and tackle racial inequity in our education system.
• Make far-reaching investments in ending health disparities by race.
• Strengthen America’s commitment to justice.
• Make the right to vote and the right to equal protection real for African Americans.
• Address environmental justice.

LIFT EVERY VOICE: THE BIDEN PLAN FOR BLACK AMERICA - Joe Biden for President: Official Campaign Website

Joe Biden knows that African Americans can never have a fair shot at the American Dream so long as entrenched disparities are allowed to quietly chip away at opportunity. He is running for President to rebuild our economy in a way that finally brings everyone along—and that starts by rooting out...

joebiden.com

Joe Biden released his plan for Black Americans today. Thoughts?

I'll read it and give my assessment on it later.

www.bgol.us

 

[rage]

We need this in the UK too.

 

[xfactor]