The Dew Drop Inn Hotel & Lounge, after a 54-year pause, is hosting live music once again. The legendary Central City nightclub reopened Friday (March 1) with performances that paid homage to its storied history. The Dew Drop on the LaSalle Street was the city’s leading Black music venue during rock ‘n’ roll’s formative years. […]
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Propeller Announces ’23 Impact Accelerator Ventures (sponsored)
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Propeller announces the 20 ventures selected for our nationally recognized Impact Accelerator. This program catalyzes transformative social impact by supporting startup and growth entrepreneurs working towards community oriented solutions to our region’s most pressing challenges in community economic development, education, food, health, and water. There has always been a demand for programs like this, and the COVID pandemic and other challenges from the last several years have increased the need. Consider these statistics:
40 % of businesses do not reopen after disasters, 25% fail in the year following a disaster, and 90% of small businesses fail within 2 years of disaster. At the onset of the pandemic, Black business ownership rates dropped 41% between February and April 2020.