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It currently awards Black-owned businesses grants worth $10,000 and an additional $500 worth of legal services provided by LegalZoom. ... Applications for 2024 grants are now open and close on ...
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
Service Corps of Retired Executives (SCORE) is a non-profit organization of volunteer counselors who provide free mentoring, education programs, workshops, and webinars to small businesses. [2] SCORE is a resource partner of the U.S. Small Business Administration (SBA) who administers a Congressional grant which provides SCORE with funding.
To apply for Verizon Small Business Digital Ready grants, business owners must register with the free portal and complete at least two of the following: courses, coaching or community events. Once ...
The Minority Business Development Agency (MBDA) is an agency in the United States Department of Commerce that promotes growth and competitiveness of the United States' minority-owned businesses, including Hispanic and Latino American, Asian Pacific American, African American, and Native American businesses. [1]
The internet enabled black-owned businesses such as McBride Sisters Wine Company to become visible and reach a larger market than would have been possible pre-internet. [59] [60] The Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 had as one goal to assist black-owned businesses land more federal contracts. It required ...
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