The small business community has been hit hard by the sudden change in consumer habits due to the COVID-19 pandemic. Entrepreneurs and small businesses are at the core of the American economy and play a significant role in innovation, employment, and economic resilience. COVID-19 has been particularly harsh to minority-owned companies due to difficulty accessing funding. Using federal funds to support small businesses is crucial, especially with a racial wealth gap that needs to be closed. Fortunately, the American Rescue Plan Act of 2021 (ARPA) offers leaders the financial resources to make strategic investments for an equitable recovery strategy so more small businesses can launch and thrive.