Marketplace: Black Communities Saw a Boost in Entrepreneurship During the Pandemic

Marketplace’s Andy Uhler recently interviewed Catherine Fazio, Lecturer in Strategy and Innovation, to discuss her research on economic relief packages leading to a surge in registered business formations.

“Its purpose was not to catalyze a lot of startup formation, so it was very interesting for us to see that the CARES Act had that ripple effect.”

Catherine Fazio
Lecturer in Strategy & Innovation

The study found that the COVID stimulus payments disproportionately enabled Black Americans to take steps toward entrepreneurship during the pandemic.

Listen to the full interview:

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