Less than 5 percent of American business owners are Black. Amid a pandemic that has sent our economy into free fall, Black-owned businesses need more access to capital and funding than ever before. The NAACP is doing just that.The NAACP has partnered with organizations such as BeyGOOD, Vistaprint and the Boston Celtics Shamrock Foundation, Diversity Capital, Hello Alice, and many more to support Black entrepreneurship and the businesses that have been hit the hardest as a result of COVID-19 and social uprisings.
The new grant program aims to create a lasting impact through the economic empowerment of Black-owned small businesses across New England with grants of $25,000 to be awarded on a rolling basis.
Grant recipients will have opportunities to be featured on national co-branded platforms along with receiving marketing and design resources customized to their specific needs to help their business grow and thrive.