KEY REPORTS

These reports expose current disparities in business and finance among different groups, demonstrating the need for more intentional support and action to be taken. Read them to learn more and explore some of the new strategies proposed to overcome the obstacles in the way of creating a more inclusive and equitable financial landscape.

Recent Studies on New Strategies for Inclusion

• Big Ideas for Small Businesses: A Five-Step Roadmap for Rebuilding the U.S. Small-Business Sector, Reviving Entrepreneurship, and Closing the Racial Wealth Gap
  Drexel University: Nowak Metro Finance Lab, 2020.
  Description: This report provides a five-step roadmap towards a more inclusive, dynamic, and productive small-business sector, broken down into ten major policy recommendations.
• Building Community Wealth: Shifting Power and Capital in Real Estate Finance
  Inclusive Capital Collective, 2021.
  Description: This report articulates the challenges and opportunities faced by black and other real estate entrepreneurs of color and illuminates a few key policy imperatives to accompany capital access.
• Community-Centered Economic Inclusion: A Strategic Action Playbook
  Brookings LISC, 2021.
  Description: This report outlines a five-step plan for rethinking economic and community development with an emphasis on community-centered economic inclusion.
• Indigenizing Catalytic Capital: How to Get to Catalytic Capital+
  First Peoples Worldwide, Integrated Capital Investing, and Croatan Institute, 2023.
  Description: This report focuses on the role that catalytic capital plays in forwarding self-determination and non-extractive investing for Indigenous Peoples in the United States.
• A New Agenda for Community Development Finance Seven Big Ideas to Expand Access to Capital, Lessen Racial Disparities, and Tackle Persistent Poverty
  Urban Institute, 2020.
  Description: This brief identifies seven big ideas to address concerns of inequity in community development finance.
• SSBCI 2.0: A New Capital Tool for Revitalizing and Diversifying Manufacturing
  The Century Foundation, 2022.
  Description: This report describes SSBCI and offers recommendations for how lenders and those seeking to help revitalize the manufacturing industry can utilize SSBCI to build wealth and racial equality.

Current Observations on Industry Inclusion

• 2023 Report on Startup Firms Owned by People of Color: Findings from the 2022 Small Business Credit Survey
  Federal Reserve Banks, 2023.
  Description: This report explores differences in how startups of color and their white-owned counterparts fund their businesses.
• Clicking for Credit: Experience of Online Lender Applicants from the Small Business Credit Survey
  Federal Reserve Bank of Cleveland, 2022.
  Description: This report examines the characteristics, financing experiences, and credit outcomes for three subsets of small business credit applicant firms.
• From Wealthy Enclaves to Asset Deserts: What the Geography of Asset Income Signals About Wealth Distribution in the United States
  Economic Innovation Group, 2021.
  Description: This report studies and addresses inequality of income from assets.