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A Community-Centered Approach
Federal and state governments have allocated billions of dollars to help small businesses, with much of that money now going to new funding models intended to reach business owners that have historically been denied access to resources. In California, millions of dollars have been allocated to develop a new model for building equitable economies, with the state’s Community Economic Resilience Fund (CERF) focusing on building equitable and sustainable economies that work for all Californians. At the same time, efforts to democratize public finance have been gaining momentum across the country.