Local Business Owner Discusses Economic Impact Ahead of Election

News Summary

As the presidential election approaches, Erie small business owner Michael Hooks reflects on the unique challenges and opportunities experienced by local entrepreneurs. Hooks highlights the importance of community engagement, particularly for BIPOC business owners, amid the political strategies targeting their demographic. With funding initiatives like the 2025 Flagship Fund emerging to support local businesses, Hooks’ perspective underscores the significant influence of small business owners on the economic landscape of Erie and beyond.

ERIE, PA – Small business owner Michael Hooks is reflecting on the challenges and opportunities that shape the local economy in Erie, Pennsylvania, as the presidential election approaches. Hooks, who runs a catering business from a converted old garage, has found his establishment to be part of a vital network of small businesses in an area where economic sentiments could sway the looming election.

At 58 years old, Hooks stands out as one of the few Black business owners in his vicinity, which is primarily frequented by white customers. Despite the community’s demographic makeup, he has taken steps to engage with his roots, offering charitable services such as food, clothing, and haircuts for children in his childhood neighborhood. Recently, he also adopted a dog, adding a personal touch to his life as he navigates entrepreneurship.

As a Black entrepreneur in a swing state, Hooks finds himself in the crosshairs of political strategies from both the Republican and Democratic parties. Candidates Donald Trump and Kamala Harris have both recently campaigned in Erie, recognizing the county’s significant role in determining the outcome of Pennsylvania elections. Historical trends suggest that Erie County often aligns with the candidate who eventually wins the state, making the economic perspectives of business owners like Hooks particularly influential.

Hooks’ perspective on the political landscape is informed by his personal experiences and community engagement. He expresses skepticism regarding Trump’s first term, labeling it a “disaster” for small entrepreneurs, and plans to support Kamala Harris due to her proposed economic policies aimed at bolstering small businesses and ensuring affordability. In contrast, Trump’s campaign promises include significant tariffs and corporate tax cuts, which local leaders worry could adversely affect small businesses. The CEO of the Erie Downtown Development Corporation emphasizes that stability in policies is crucial for the sustenance of local businesses.

Furthermore, community organizations such as Erie Black Wall Street are working to highlight the importance of Erie as a pivotal point for economic and political trends, especially for BIPOC entrepreneurs. The Diverse Erie program actively invests in local entrepreneurs to foster economic growth and freedom, reflecting an increasing awareness of the disparities in opportunity based on social standing.

Local government initiatives are also in place to support small businesses, such as the 2025 Flagship Fund. This program recently allocated over $84,000 in microgrant awards to 19 small businesses, aimed at enhancing growth opportunities through marketing, improvements, and equipment purchases. The Flagship Fund, which requires a 1:1 funding match, was financed using interest from the city’s revolving loan fund rather than taxpayer dollars, illustrating a commitment to stimulate the local economy without burdening residents.

More than 120 small businesses applied for funding through the Flagship Fund this year, underscoring the growing demand for support in the entrepreneurial sector. As Hooks and others navigate the challenging economic landscape, their stories add to a larger narrative about the resilience and potential of small businesses in influencing both local and national discussions.

In conclusion, Michael Hooks serves as a representative of the significant intersection between local entrepreneurship and broader political forces shaping the economic future in Erie. With both presidential candidates vying for support from demographic groups like Hooks, the upcoming election is likely to reflect the concerns and aspirations of small business owners across the region.

Deeper Dive: News & Info About This Topic

• Go Erie: Investing in Diversity in Erie
• Encyclopedia Britannica: Small Business
• Talk Erie: Mayor Announces 2025 Flagship Fund Microgrant Awardees
• Google Search: Small Business Funding
• Erie News Now: Initiative to Boost Support for Small Business Owners
• Google Scholar: Entrepreneurship