I need help identifying the problem space for minority business funding. I have provided the literature for the problem space. The problem of inequitable access to funding for minority$-$owned businesses during Covid$-19$ had roots in longstanding systemic biases and inequalities.

Research has consistently found that minority business owners during Covid$-19$ faced higher rejection rates for loans, receive smaller loans even when approved, and often pay higher interest rates compared to their non$-$minority disparities include racial bias $($both conscious and unconscious$),$ lower credit scores, and lack of collateral.

The advent of new financial technologies and platforms using Covid$-19$ offered potential pathways to improve access to funding for minority businesses.

IDENTIFICATION OF THE PROBLEM SPACE

$($Typically two or three pages$)$

The learner provides a detailed description of how the problem space has evolved over time, and the effects it has had on the research $($research trends$).$

The learner summarizes the problem space, highlighting what has been discovered and what still needs to be understood related to the topic from literature or research dated primarily within the last five years.

The learner discusses and synthesizes the evolution of the research on the problem. Specifically:

The learner describes the potential practical or professional applications from the research.

$$Identifies the key sources used as the basis for the problem space

$$Identifies trends in research and literature.

$$Identifies how the research focus has changed over the recent past $($five years$).$

$$Discusses key findings that emerged from recent studies.

$$Discusses prior research and defined future research needs.

From the findings of research studies and evolution of recent literature on the topic, the learner defines the parameters for problem statement for the study.

The learner describes how the study will contribute to the body of literature.