Lampitt Bill to Boost Creation of Small, Women- & Minority- Owned Businesses Gains Assembly Panel Approval


Loading...

Legislation sponsored by Assemblywoman Pamela Lampitt to expand the scope and reach of small, women- and minority-owned businesses throughout New Jersey by providing loans through the New Jersey Economic Development Authority was approved Monday by an Assembly panel.

Do you enjoy Shore News Network? Please consider supporting this site as big tech continues their crackdown on any media that doesn't agree with them. Click here to donate today.

“Statistics show that women- and minority-owned businesses generate noticeably less revenue than small businesses as a whole,” said Lampitt (D-Camden/Burlington). “This isn’t because they aren’t as bright or innovative as other business owners. Many times it’s because loans and investment capital are harder to come by, putting these businesses at a disadvantage from the get-go. Rebuilding our economy depends on our ability to invest in small, women- and minority-owned businesses in surrounding urban regions.”

Related News:  Morristown Democrat Pleads Guilty to Filing False Election Reports

Loading...


Loading...

Continue Reading Below