Small businesses remained challenged throughout 2021 and those that sought financing to bridge funding gaps experienced a higher rate of denials than before the pandemic.
During a recent Community Conversations visit to Petersburg, Virginia, Richmond Fed President and other Bank leaders noted the concerted effort the city is making to create a bright future.
The Richmond Fed will host its Investing in Rural America Conference in person and virtually, featuring economic development and workforce development experts discussing community-driven initiatives. Virtual and In-Person Options.
Investment Connection introduces public and private funders in the regions served by the Federal Reserve Bank of Richmond to proposals from community-based organizations and small businesses that benefit low- and moderate-income, distressed and underserved communities.
Fed Communities serves as an online gateway to information that address barriers to economic growth and promotes fair and informed access to financial markets. The community development materials housed here are provided by all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.