The NVBCC Economic Evolution Accelerator: Empowering Black Owned Businesses for Economic Growth and Sustainability.

To promote the growth and sustainability of our participating businesses with the goal of decreasing the wealth income gap of black-owned businesses in Northern Virginia.

CLICK HERE TO APPLY!

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Six components of programming:

• Business Development and Operation

• Business Certifications

• Technical Assistance and Education  

• Business Scalability

• Business Resilience and Recovery

• Access to Resources

Component 1: Business Development

• Strategic Planning
• Financial Management
• Market Research Analysis
• Sales and Marketing
• Operational Efficiency
• Education and training

Component 2: Business Certification and Interactive Workshops-

• Assist black-owned businesses in obtaining relevant business certifications

Component 3: Technology and access to continued education

• Advanced digital infrastructure and connectivity
• Cloud-based solutions for efficient operations
• Data Analytics and business intelligence tools
• E-commerce platforms and website development support
• Automation and AI-driven technologies
• Establish partnerships with educational institutions to offer scholarships.
• Provide laptops and portable bandwidth for distance learning.
• workshops, mentorship programs focused on technology and business education.

Component 4:  Infrastructure and Scalability:

• Support businesses in establishing scalable infrastructure to facilitate their growth, and competitiveness, including:
• Guidance on technology adoption, automation, and operational efficiency to streamline processes. Offer access to shared resources such as co-working spaces, manufacturing facilities, and distribution networks.

Component 5: Business Resilience and Recovery

• Identify businesses impacted by long term effects of the COVID pandemic and businesses located in Hub and Opportunity zones.
• Provide mentorship and coaching to help business adapt their strategies and operation for recovery and long-term sustainability.

Component 6: Access to Resources

• Partner with local organizations to provide foundational business tools and create pathways to capital to reach financial goals.
• Provide subject matter expertise (SME) guidance on readily available private and government resources.

CLICK HERE TO APPLY!

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