Chase Donates Over $1M in Grants to Boston Small Businesses
Chase donates $1 million to Boston-area small businesses Local Enterprise Assistance Fund, Philanthropy Massachusetts and Boston Impact Initiative.
Chase donates $1 million to Boston-area small businesses Local Enterprise Assistance Fund, Philanthropy Massachusetts and Boston Impact Initiative.
Throughout the pandemic, labor shortages and supply chain issues bedeviled Massachusetts businesses. But business leaders say the housing crisis in Massachusetts is now the major existential threat to the state’s competitiveness.
Boston leaders are eager to use the NAACP convention to cast off city’s reputation as a largely white place where racism still lingers. Big changes underway in the region’s commercial real estate and finance sectors can back that up, local executives say.
New impact funds are giving minority communities a chance to invest in real estate and economic development in Boston, after being shut out by federal securities laws. But not all potential investors need apply.