OPERATION HOPE’S 1 MILLION BLACK BUSINESS INITIATIVE HAS SUPPORTED MORE THAN 155,000 BLACK BUSINESSES TO DATE
60 other corporate, governmental and private partners that have committed to support the effort. This includes the U.S. Small Business Administration, Truist, First Horizon, Wells Fargo, the NFL, MasterCard, Comcast, iHeart Radio, Aprio, Clark Atlanta University, New Birth Missionary Baptist Church, Reid AME Community Development Corporation, Fraternities Kappa
Alpha Psi, Phi Beta Sigma and municipality partners including
the cities of Birmingham, Memphis, Jackson, St. Louis, Los
Angeles, Kansas City, Charlotte, Salisbury and Montgomery,
among others.
and grow their businesses. Through 1MBB, Black business
owners have the opportunity to sign up for Operation HOPE’s
award-winning model of community uplift, financial literacy
and education – HOPE Inside - and upon graduation, Shopify
has committed to providing aspiring Black entrepreneurs education,
programming and resources to help launch or expand their
businesses. Other 1MBB partners have also committed to providing
in-kind services and support for these business owners.
rights’ issue of this generation. Operation HOPE’s bold 1MBB
initiative is equipping entrepreneurs with what they need to
create and sustain a viable business,” said John Hope Bryant,
Founder, Chairman and CEO of Operation HOPE. “1MBB
offers a real, actionable approach to tackling financial disparities
and building stronger communities. The data shows that we are
having a true impact and empowering Black businesses.”
Administration (SBA), which includes the support of municipal partners and civic and community leaders in more than 200 U.S. cities, to help raise awareness of tools and resources available to underserved communities through the SBA.
outcomes.
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