Coalition to Back Black Business - aVenture Non-Profit Research
Coalition to Back Black Business
Operating Status: Operating
Founded in 2020, Coalition to Back Black Business provides immediate aid and long-term support to US Black-owned SMEs.
Founded
2020
Founded in 2020, the Coalition to Back Black Business aims to provide immediate financial aid and long-term support to Black-owned small and medium-sized enterprises (SMEs) in the United States. The organization focuses on empowering Black entrepreneurs by offering grants, mentorship, and resources to help them navigate economic challenges and grow their businesses. Its mission is to foster economic equity and create sustainable growth opportunities for Black-owned businesses.
The Coalition is affiliated with notable organizations such as the U.S. Chamber of Commerce Foundation and has received support from major corporations like American Express. Key achievements include distributing millions in grants to hundreds of Black-owned businesses across the country. The overall impact has been significant, contributing to the resilience and expansion of Black-owned SMEs, thereby promoting economic inclusivity and diversity within the business community.