Minority-Owned Small Businesses Especially Impacted by COVID-19, Can Get Free Help From SCORE

COVID-19 has had a major impact on U.S. small businesses, especially Main Street establishments, such as retail stores and restaurants. Recent data published in the “SCORE Megaphone of Main Street: The Impact of COVID-19” data report suggests that while nearly every business has been impacted by the pandemic in some way, minority-owned small businesses, specifically Hispanic- and Black-owned businesses, have been disproportionately impacted due to numerous factors including more direct contact with the virus (friends, staff and family contracting COVID-19), increased lack of childcare and an inability to secure financing.

Regardless of their background, entrepreneurs and small business owners can combat the impact of COVID-19 by taking advantage of free small business resources, such as the SCORE Small Business Resilience Hub.

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