The Botched Small Business Relief Fund in the US
Supporting Small Businesses
In response to economic challenges, the US government provided substantial grants to support small businesses. The program aimed to help businesses stay afloat and retain employees during difficult times. However, the distribution of funds was plagued with issues, and many deserving businesses were left out in the cold.
Widespread Misallocation
Many grants were awarded to ineligible businesses, while genuinely needy small businesses struggled to access funds. The mismanagement of the program led to widespread frustration and highlighted significant flaws in the grant distribution process. The frustration was widespread, and the need for a more effective system became evident.
