Small businesses and Black entrepreneurs across the country have had a tumultuous few years. Following the economic downturn spurred by the COVID-19 pandemic and subsequent inflation, numerous small business owners have failed to find their footing.
For Black businesses, the fallout has been detrimental, but VistaPrint and the Boston Celtics Shamrock Foundation, together with the NAACP, are hoping to be of help. The partnership announced a new $500,000 round of funding for the Power Forward Small Business Grant.
“Minorities represent over 50 percent of all new business created in the US over the last decade,” read a statement shared with EBONY announcing the grant. “At the same time, historically under-represented entrepreneurs do not have the same access to investment capital, let alone the support necessary to maintain or grow their operations.”
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