Amazon is launching an initiative known as the Black Business Accelerator.
The company says it’s committing $150 million over the next four years to give Black business owners access to “financial support, business education and mentorship, and marketing and promotion of their brands and products as third-party sellers in our store.”
This new initiative was created in partnership with Amazon’s Black Employee Network, the US Minority Business Development Agency, and the U.S Black Chamber. The company says it’s aiming to “help build sustainable equity and growth” for Black businesses.
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