We use cookies on our website. They help us get to know you a little and how you use our website. This helps us provide a more valuable and tailored experience for you and others.
Historically, Black communities have faced systemic barriers that have prevented their full participation in the entrepreneurial journey. According to the U.S. Small Business Administration, Black-owned businesses represent only 9.5% of all businesses in the country, and during the COVID-19 pandemic, there was a 41% decline in Black owners in the US from February to April according to the National Bureau of Economic Research. In our efforts to see these statistics improve over time, we’re announcing today our participation in HOPE One Million New Black Business & New Black Entrepreneurship Initiative (1MBB) with our intention to provide up to approximately $130 million of resources over the course of this initiative to help create one million new Black-owned businesses in the U.S. by 2030.
Operation Hope 1 Million Black Businesses title=OPERATION HOPE'S AWARD WINNING style=width:100%;text-align:center; onerror=this.onerror=null;this.src='https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRBj2aTFrImNwyIxdI0WQs4pt816TJgxV7aH4T32cJUuMpU29NGgoW7fG1LCrYB3bsBY-4&usqp=CAU'; />
Together with Operation HOPE, we aim to remove traditional hurdles to Black entrepreneurship andencourage more aspiring Black business owners to start — and scale— by providing them with the tools, resources, and education they may need to succeed. To level the playing field, 1MBB will focus on critical tools for business growth such as technology and resources, educational programs, and the opportunity to access capital. Through this program, Black business owners have the opportunity to sign up for Operation HOPE’s award-winning model of community uplift, financial literacy and education, with access to tailored tools and resources upon graduation. Shopify’s support of 1MBB is part of our ongoing efforts to create even more opportunities forBlack entrepreneurs, which have recently included our feature in Shop for consumers to discover Black-owned businesses and our Build Black event and community.
Mbn Usa Portal
“At Shopify, we believe more independent voices make commerce better for everyone. That’s why we work to break down the barriers to entrepreneurship every day, ” said Harley Finkelstein, Shopify President. “By collaborating with Operation HOPE and working together on our shared passion for helping underserved communities succeed, we believe we can help unlock even more economic opportunities for Black business owners across the country, leading to greater choices for shoppers everywhere.”
“Creating generational wealth through the creation of new Black businesses and Black entrepreneurs is a direct gateway to social justice. The creation of ownership, jobs and opportunity in a generation helps to strengthen democracy and ensure freedom through self determination. This is empowerment at scale, ” said John Hope Bryant, CEO and Founder of Operation HOPE. “To have Shopify actively supporting the 1MBB Initiative is a true game changer. Working together, we can scale our business creation platform to help underserved communities and enhance economic prosperity across America.”
To learn more about this initiative, visit www.HOPE1MBB.org and Shopify.com/1mbb. Organizations looking to work with Operation HOPE and Shopify to advance our mission to help more Black businesses build the future of commerce are encouraged to fill out a form through www.HOPE1MBB.org
Operation Hope 1 Million Black Businesses — Mbda
Shopify is the leading omni-channel commerce platform. Merchants use Shopify to design, set up, and manage their stores across multiple sales channels, including mobile, web, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business, from payments to shipping. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Headquartered in Ottawa, Canada, Shopify currently powers over 800, 000 businesses in approximately 175 countries and is trusted by brands such as Nestle, Kylie Cosmetics, Allbirds, MVMT, and many more.ATLANTA , Dec. 13, 2022 // -- Operation HOPE, the nation's leading non-profit dedicated to financial empowerment for underserved communities, today announced that its groundbreaking 1 Million Black Business (1MBB) initiative has supported more than 155, 000 unique businesses to date through its HOPE Inside network and 1MBB partners. According to the 1MBB 2022 Impact Report, which will be released in Q1 2023, this accounts for approximately 5% of all Black-owned businesses in the U.S.
Launched in October 2020, Operation HOPE and lead partner Shopify established 1MBB to help createand supportup to onemillion new Black-owned businesses by 2030. Shopify committed resources to the initiative valued at approximately $130 million . In addition, Operation HOPE has signed a coalition of more than60 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.
The no-cost program helps Black entrepreneurs acquire the knowledge, skills and access to resources required to start, scale 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 Blackentrepreneurseducation, programming and resources to helplaunch or expand their businesses. Other 1MBB partners have also committed to providing in-kind services and support for these business owners.
Operation Hope And Shopify Team With Goodcarts To Empower 1 Million Black Businesses In E Commerce Arena
I have consistently espoused that 'silver rights' is the 'civil 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.
Operation HOPE, 1MBB, and Shopify gave me the ability to build and launch a beautiful, easy-to-manage website with no prior experience along with the capital from my first loan to acquire the things I needed to continue to grow my business, said Jazmin Richards, Founder & CEO, BlkSunflower.com.
Operation HOPE and 1MBB also provided me with amazing coaches and resources that help set BlkSunflower up for success. With the resources and coaching, especially access to funding, and business development tools, I now know that I am supported andthe sky is the limit.
Ssp Partners With Operation Hope To Help Create 1 Million New Black Businesses By 2030
Research from the latestHOPE Minority Small Business Indexreveals that Black entrepreneurs remain optimistic despite recent inflation, hikes in interest rates, and supply chain disruptions. Through the 1MBB initiative, removing barriers to business success such as mentorship, risk tolerance, lack of technological innovation, digital strategies and limited access to capital can help improve outcomes.
Launched in October 2020 with founding partner Shopify, 1MBB aims to remove traditional hurdles to Black entrepreneurship and encourage more aspiring Black business owners to start – and scale – by providing them with the tools, resources, and education needed to succeed. To level the playing field, 1MBB will focus on critical tools for business growth such as technology and resources, educational programs, and the opportunity to access capital. Through this program, Black business owners can sign up for Operation HOPE's award-winning model of community uplift, financial literacy and education, with access to tailored tools and resources upon graduation. To learn more about 1MBB or to get your business started, visit HOPE1mbb.org.
Since 1992, Operation HOPE has been moving America from civil rights to silver rights with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Through our community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities—turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors. For more information: OperationHOPE.org. Follow the HOPE conversation onTwitter, Facebook andInstagram.
Operation Hope, Shopify & Goodcarts Join Forces To Amplify One Million E Commerce Arena Black Businesses
By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our PRN Consumer Newsletter Privacy Notice. You can withdraw your consent at any time in the footer of every email you'll receive. Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unserer PRN Consumer Newsletter Privacy Notice. Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen. En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part. Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos
I have consistently espoused that 'silver rights' is the 'civil 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.
Operation HOPE, 1MBB, and Shopify gave me the ability to build and launch a beautiful, easy-to-manage website with no prior experience along with the capital from my first loan to acquire the things I needed to continue to grow my business, said Jazmin Richards, Founder & CEO, BlkSunflower.com.
Operation HOPE and 1MBB also provided me with amazing coaches and resources that help set BlkSunflower up for success. With the resources and coaching, especially access to funding, and business development tools, I now know that I am supported andthe sky is the limit.
Ssp Partners With Operation Hope To Help Create 1 Million New Black Businesses By 2030
Research from the latestHOPE Minority Small Business Indexreveals that Black entrepreneurs remain optimistic despite recent inflation, hikes in interest rates, and supply chain disruptions. Through the 1MBB initiative, removing barriers to business success such as mentorship, risk tolerance, lack of technological innovation, digital strategies and limited access to capital can help improve outcomes.
Launched in October 2020 with founding partner Shopify, 1MBB aims to remove traditional hurdles to Black entrepreneurship and encourage more aspiring Black business owners to start – and scale – by providing them with the tools, resources, and education needed to succeed. To level the playing field, 1MBB will focus on critical tools for business growth such as technology and resources, educational programs, and the opportunity to access capital. Through this program, Black business owners can sign up for Operation HOPE's award-winning model of community uplift, financial literacy and education, with access to tailored tools and resources upon graduation. To learn more about 1MBB or to get your business started, visit HOPE1mbb.org.
Since 1992, Operation HOPE has been moving America from civil rights to silver rights with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Through our community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities—turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors. For more information: OperationHOPE.org. Follow the HOPE conversation onTwitter, Facebook andInstagram.
Operation Hope, Shopify & Goodcarts Join Forces To Amplify One Million E Commerce Arena Black Businesses
By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our PRN Consumer Newsletter Privacy Notice. You can withdraw your consent at any time in the footer of every email you'll receive. Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unserer PRN Consumer Newsletter Privacy Notice. Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen. En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part. Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos
0 comments
Post a Comment