Small businesses are a major contributor to America's economy. A study from the Small Business Administration tells us that small businesses "create two-thirds of net new jobs" and account for "44% of U.S. economic activity."
Out of this, Black owned businesses occupy a smaller share than their white counterparts. The U.S Census Bureau's report on minority businesses in America tells us that out of the 4 million businesses that are owned by members of minority groups, 2.6 million are owned by the Black community
In the aftermath of COVID- 19 and the systematic racial inequality that pervades the American wealth distribution systems, it's harder than ever for small Black businesses to find the kind of support they need to keep afloat. A direct cause and effect of this dearth of support means these businesses fail, and shut down before even fully realising their potential.
If you care about the lasting diversity and equality in your entrepreneurial community, you're already two steps in.
Launching or growing a business can be complicated and overwhelming.The many factors involved - money, team, technology, marketing, legal, accounting - cause many people who want to be entrepreneurs and business owners to forego the opportunity to invest in their own talents, skills, and ideas. Even worse, some people count themselves out before fully exploring or understanding their options. You can help those who aspire to launch or grow a business venture, but need a roadmap to achieving their goals.
With virtual volunteering, you can create significant changes in the lives of small business owners.Being a relatively new way of philanthropic action that picked up momentum during COVID- 19, virtual volunteering lets you use your existing skill sets to help others. There are different engagement criterias that range from one time, to a longer commitment.
Black Connect is the only national 501(c)(3) non-profit organization dedicated solely to eliminating the racial wealth gap in America by increasing the number and success rate of Black-owned businesses. Our business networking platform provides free tools and resources for entrepreneurs and professionals to sell products, raise crowdfunding, get business advice, and more. Blackconnect.com is the most comprehensive Black-owned business networking platform with members across the United States, Caribbean, Africa, and the United Kingdom.
The time commitment can vary between 1-3 hours. Depending on your availability and need of the beneficiary, you can choose to mentor once or over the course of a few weeks.
There are many meaningful ways of contributing through Black connect. If you have experience with Strategy and Business Management through your workspace, you will be a meaningful addition as a volunteer.
Small business owners (adults and youth) that are struggling to find the right mentorship and resources to get things going.
The Mentors will serve in a voluntary capacity, and will play an integral part of helping Black Connect fulfill its mission of launching and growing Black-owned businesses.
Apart from that, here are a few other things:
Racial Equality - A complete Guide
Black Homeschooling in America
Global Diversity Awareness Month
Why black businesses need your support
Why Racial Equality Matters
From Charity to Justice: How employees can help
Racial justice in times of crisis
Corporate volunteering: Making Potential meet Opportunities
Volunteering Opportunity: A thousand Colors of Justice
Volunteering Opportunity: Bridge the Gap in Education
Volunteering Opporrtunity: Inspire College Students
Racial Justice in times of Crisis
Volunteering Opportunity: Record Inspiring Stories
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