Vice President Harris announced Friday that the administration would invest $125 million to help small businesses in underserved communities. The investment will go to 43 small business accelerators, chosen because they support entrepreneurs specifically in underserved communities. “As Bidenomics continues to demonstrate, when we invest in the dreams, the ambitions of small business owners and entrepreneurs, it creates opportunity and prosperity for us all,” Harris said during remarks in Washington, D.C. Harris said part of the funding will “help connect enterprisers and small business owners with the support and the guidance they need to break into the clean energy economy."
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