Our nation and businesses alike are becoming more diverse. People of color are increasing and so becomes their financial influence and impact on the state’s economic prowess. Businesses that embrace diversity have a more solid footing in the marketplace than others; and therefore, can reap associated economic benefits.
Access to Capital
As 1 of the top 3 reasons businesses fail early, BBA will equip businesses to expand and increase their bottom line with access to capital and financing.
Mentoring and B2B Partnerships
Informed businesses rely less on assistance from institutions like large banks + more on collaborative dependencies amongst themselves. BBA can connect businesses to these resources.
Needs Assessment and Analysis
BBA uses a systematic approach for determining and addressing needs and gaps between current and desired business conditions for minority businesses.
Outreach and Training:
To stay in business, it is important businesses understand regulations that impact their businesses and refresh their skill set to stay ahead. BBA offers business workshops and training to fill these gaps.
Supplier Diversity across the state:
BBA provide technical assistance to business owners to help these entrepreneurs navigate the supplier diversity qualification process.