Restaurants Owned By White Men Are Last in Line for Relief Under Biden’s ‘Restaurants Revitalization Fund’
Restaurants owned by white men will be last in line for federal relief under the Biden administration’s “Restaurants Revitalization Fund.”
The discriminatory fund will prioritize businesses owned by women and minorities.
The Small Business Administration will be opening up applications for relief funds under Biden’s American Rescue Plan Act of 2021 to help those who are struggling due to coronavirus restrictions. Despite being subject to the same harmful restrictions, white men will be last to get any help.
“The plan allows business owners to apply for relief of up to $10 million per business and no more than $5 million per physical location. Business owners do not have to repay the funds so long as the money is spent by March 2023,” Breitbart News reports. “The relief, though, is being prioritized based on race, gender, and whether or not business owners are considered ‘socially and economically disadvantaged individuals.’ White men, for example, who are not Veterans of the United States Armed Forces, are not eligible for ‘priority period’ processing and funding.”
To qualify, the business must be “at least 51 percent owned by one or more individuals who are women, veterans, or socially and economically disadvantaged and if the management and daily business operations of the applicant are controlled by one or more women, veterans, or socially and economically disadvantaged individual.”
The Breitbart report explains that the Biden administration is defining businesses owned by “socially and economically disadvantaged” individuals as those who are:
- Part of an “economically disadvantaged Indian tribe”
- “Subjected to racial or ethnic prejudice or cultural bias”
- Black American
- Hispanic American
- Native American, including Alaska Native and Native Hawaiian
- Asian Pacific American
- Subcontinent Asian American
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