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Young black entrepreneur working on laptop in auto shop.

Right now, Black entrepreneurs are facing unique barriers to business success.

At SCORE, we’re working to change that by removing those obstacles and providing Black small business owners with access to personalized support. That’s why we created SCORE for Black Entrepreneurs: to meet you where you are and get you where you want to go.

Black-owned businesses were more likely to seek – but less likely to receive – outside funding.

- The Megaphone Of Main Street: The Impact of Covid-19, Impact on Black-owned Small Businesses

White-owned businesses versus Black-owned businesses approval for new loans

NEW LOANS

  • 26.5% of White-owned businesses applied, and 54.2% were approved.
  • 47.7% of Black-owned businesses applied, and 22.3% were approved.
White-owned businesses versus Black-owned businesses delays for existing loan payments

DELAYS FOR EXISTING LOAN PAYMENTS

  • 19.9% of White-owned businesses applied for delays, and 72.4% were approved.
  • 39.8% of Black-owned businesses applied for delays, and 33.6% were approved.

SCORE is Here to Help.

Black small business owners and their communities have faced extraordinary challenges over the years. Now, we have an opportunity to do better. With over 50 years of experience, SCORE is renewing our commitment to being part of the solution. We’re here to close the opportunity gap. We’re here to take action. We’re here to give you the tools to meet and overcome any business challenge so that you can succeed.

Supporting Black-Owned Businesses.

Building a small business might seem daunting, but it’s more possible than you think. See how we’ve helped other aspiring entrepreneurs achieve their business goals.


“I can’t adequately express how much of a lifeline SCORE has been to us.”

- Rozalynn Goodwin, GaBBY Bows


"Everything that SCORE offered was exactly what I needed to get the business started."

- Charlynda Scales, Mutt's Sauce


“No one should be afraid to do something because they don’t know the answer.”

- Derschaun Sharpley, Helping Individuals Succeed Agency

Ursula Augustine

 

There’s not enough ink in my pen to write about everything that’s great about my mentor, Mr. Mark Maguire. What makes him an exceptional mentor are the qualities he possesses naturally: his willingness to share his genius, skills, knowledge, and expertise - at a level that’s not condescending or confusing -  in a concise manner that makes it easy to understand."

 

- Ursula Augustine, Ursula's About Phace Rittenhouse Studio

 

Read Ursula's Story

 

Get Mentoring Support.

What if you could sit down with someone who has been in your shoes? As a SCORE client, it’s as easy as that. We have a diverse group of experienced, volunteer mentors available to answer your questions about starting and growing a small business.

Find Your SCORE Mentor

Woman on laptop

Get Involved.

When you volunteer with SCORE, you change individual lives, support small businesses, and empower entire communities. We’re always looking for people to share their time, skills, and knowledge. No matter your background, we have a perfect role for you.

Become a SCORE volunteer

Learn What You Need to Know.

We recently spoke with our clients to fully understand the challenges facing Black small business owners today. Before most Black entrepreneurs even open their doors, they face a range of obstacles, from a lack of capital to difficulty accessing government programs—not to mention encountering bias and racism along the way.

SCORE’s Resource Library includes hundreds of free articles, templates, tools, videos, and checklists to meet any business need. You can sort by entrepreneur type, topic, and business stage to find exactly what you’re looking for.

Get Started

Not sure where to begin? Check out these articles and resources for Black entrepreneurs.

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Article

Should Your Business Sell Online

Article Language: English

How to determine if you could benefit by selling your product or services online Read more

Article

Accounting For Your Business

Article Language: English

Fine Tune your Accounting for your business Read more

Article

Properly Dissolving an LLC

Article Language: English

Legal Strategy officer provides suggestions on how to properly dissolve your Limited Liability Company Read more

Article

How Much is My Business Worth?

Article Language: English

Evaluating the fair market value of your business for transitions, sales, and growth Read more

Article

Open for Business

Article Language: English

Suggestions on how to make your new business a success Read more

Article

Staffing Your New Business

Article Language: English

Staffing Your New Business ideas and considerations Read more

Article

Setting Up Your Physical Location

Article Language: English

Location, location, location. Your physical presence and requirements Read more

Article

Pricing, Sales, and Distribution

Article Language: English

Pricing, Sales, and Distribution of your products to fulfill your profit projections Read more

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