30 min

How Cities Can Save Small Business During An Economic Downturn Greater

    • Non-Profit

According to government data, around 98 percent of the 220,000 businesses in New York City are classified as small businesses — and with the city shut down due to the COVID-19 pandemic, there is real concern that as many as half of them could fail. Bruce Katz, Drexel University professor and founder of the Metropolitan Policy Program at the Brookings Institution and author of several books on the future of cities, describes what cities can do to help small businesses survive and thrive in a time of crisis

According to government data, around 98 percent of the 220,000 businesses in New York City are classified as small businesses — and with the city shut down due to the COVID-19 pandemic, there is real concern that as many as half of them could fail. Bruce Katz, Drexel University professor and founder of the Metropolitan Policy Program at the Brookings Institution and author of several books on the future of cities, describes what cities can do to help small businesses survive and thrive in a time of crisis

30 min