Amazon Launches Black Organization Accelerator With A $150 Million Motivation

Born from the collaboration of Amazon’s Black Staff Community and a coalition of strategic partners, the Black Business enterprise Accelerator (BBA) wants to construct equity and sustainable growth for Black-owned companies. Particularly, the initiative targets obstacles to entry this kind of as entry to cash, mentorship, and progress prospects. The BBA will present financial guidance, business enterprise education and mentorship, and marketing and advertising and advertising of their manufacturers and products and solutions as third-celebration sellers on Amazon.com. 

Amazon has fashioned strategic partnerships with the Minority Business Advancement Agency and U.S. Black Chambers Inc. These businesses will help BBA by major local community engagement and encouraging give members with mentorship, small business growth, schooling and educational resources to lead them to success. Thanks to their prolonged-term encounter in supporting Black companies, they will be able to provide council to Amazon on creating BBA more, which

Read more