Minority business owners in New Jersey are having more difficulty getting loans and capital to support their business, a problem that worsened during the pandemic. But new efforts are being made in Newark to try to change that. Prudential Financial, JP Morgan Chase and the Rockefeller Foundation have launched the Entrepreneurs of Color Fund in Newark, which has allocated $ 1.7 million to financially support the city’s business. Newark is the ninth city in the United States to have a fund of color entrepreneurs.
We’ve been hearing about the shortage of teachers in New Jersey for some time, and fewer and fewer college students are learning to become teachers to replace those leaving. Therefore, other efforts are being made to attract people to the pedagogical sphere. It was announced in Newark this week that high school students enrolling in a teacher training program at Newark public schools could receive up to $ 3,700 in incentives. Read the latest about the lack of teachers and efforts to fix it njspotlightnews.org.
Bank of America is committed to tackling food insecurity in New Jersey. He is investing $ 700,000 in several hunger-fighting organizations, including the Community Food Bank of New Jersey. The investment is expected to yield 1.75 million dishes.
Winter may be a quiet time in real estate, but not this year. Sales of previously owned homes in the U.S. rose 6.7% in January. It was stronger than expected.
