Displaying items by tag: Financing

Cities across the nation are celebrating the critical contributions of entrepreneurs and small business owners in America during Small Business Week (May 4-8) – specifically, the impact local business leaders continue to have on our economy–both locally and nationally). According to the U.S. SBA’s website, more than half of Americans either o...

Sam’s Club and the Sam’s Club Giving Program recently announced the Small Business Economic Mobility Initiative, a five-year, multimillion-dollar philanthropic investment in small business growth through increased access to affordable capital and better borrower education. The first round of grants totaling $13.6 million went to eight national...

A new partnership with Citigroup aims to provide free help to aspiring female-business owners....

A state program to help small businesses use technology to expand — with Dorchester Bay Economic Development Corporation at its heart — has shown officials one successful way to support economic growth. The Massachusetts Broadband Institute’s Small Business Technical Assistance Program has shelled out close to three-quarters of a million dollars to...

Chasecontinues its ongoing commitment to to provide $3 million to local small businesses through its Mission Main StreetGrants, a program that will award 20 grants of $150,000 to small businesses nationwide this year. Qualifying businesses will gain access to a marketing Toolkit from  Google, a program sponsor.The chosen 20 grant winners...

Cincinnati’s Minority Business Accelerator (MBA) in conjunction with the African American CEO Roundtable, has raised $2 million to help the region’s minority businesses. Established in 2013, the L. Ross Love GrowthBridge Fund provides flexible debt capital to finance growth projects of established, highly-competitive, African American and H...

More than 180 urban entrepreneurs were ready to pitch their business at Inner City Capital Connections’ annual conference co-sponsored by Bank of America in New York City. But only four made the cut and were given the chance to sell their business concepts before a live audience and panel of capital providers “Shark Tank” style.The crowd favorite...

After a successful program year with executive education seminars in Philadelphia, Cleveland, Memphis and Dallas, Inner City Capital Connections (ICCC) is now gearing up for its annual conference in New York City.Bank of America will co-host the conference, which will be held on Nov. 20.  More than 180 urban entrepreneurs will participate to pitch...

For entrepreneurs of color who have a business plan and have scoped out an African country in which to do business, most times the only obstacle left is financing.It’s that simple. Without adequate funding the business enterprise is not getting off the ground.A valuable, relatively unknown resource for African American investors is the U.S Ex...

The Small Business Administration (SBA) does more than guarantee small business loans to provide the flow of capital to entrepreneurs, it also has partnerships with private investors that finance businesses through its Small Business Investment Company (SBIC) Program. The SBA is implementing a series of policy changes that promise to broaden...