When the first wave of federal COVID-19 provisions became available to businesses in April, Black business owners received a very small amount of relief funding. And the North Carolina Business Council estimates the number of Black businesses in the state has decreased by 41 percent since the beginning of the pandemic. There are several reasons for this, including the racial wage and generational wealth gaps, both of which contribute to Black businesses starting up with lower capital and struggling to sustain themselves without economic relationships with banks and other wealth-holding institutions.