Yes, absolutely.
Thank you so much, MP Jowhari. As you and I share, along with our colleagues, we know how important it is that we have participation from all parts of society, to make sure they are fully participating in our economy. That's what creates jobs. That's what creates great communities across the country. Black-owned businesses are talented. They're innovative. They're resilient. We've been working very closely with Black entrepreneurs and Black-owned businesses to come up with this historic program.
This historic program is going to provide loans from $25,000 to $250,000 so that we can help businesses get that direct access to capital, which has been a barrier to their success. What is equally important is to make sure that we have an ecosystem of support for Black-owned businesses, and that Black-owned businesses have their voices directly in this and get the support, whether it's mentorship, financial and business training, or getting access to those networks that are just so important.
We are working very hard to make sure we include everyone in the economy. We know the contributions. We know the job creation that this program will yield. It's very exciting to have worked with so many Black-owned businesses and those organizations that represent Black-owned businesses. This program listened to their needs and was developed with their input at the table. We're looking forward to continuing that work.