libraryhomehighlightshelpforum
fieldsour storypostsget in touch

Black business owners win funding through Kickstarter Program

August 28, 2026 - 01:50

Black business owners win funding through Kickstarter Program

Nine local Black entrepreneurs were celebrated Thursday as the first graduating class of a new collaborative program designed to help business owners secure funding and grow their operations. The initiative, known as the Kickstarter Program, brought together community leaders and financial experts to provide hands-on support for Black-owned startups and established shops alike.

The program focused on more than just writing checks. Participants went through a series of workshops and mentoring sessions that covered everything from business planning and marketing to financial management and pitch preparation. At the end of the course, each owner presented their business model to a panel of judges, with funding awarded based on the strength of their proposals and their long-term growth potential.

Organizers say the goal was to close the gap in access to capital that often affects minority-owned businesses. For many of the winners, the money will go toward new equipment, inventory, or hiring their first employees. One owner, who runs a catering company, said the funding means she can finally buy a commercial van to make deliveries. Another, who operates a small bookstore, plans to expand her children's section and host more community reading events.

The recognition event on Thursday was both a celebration and a call to action. Local officials praised the program as a model for other cities looking to support underrepresented entrepreneurs. They also encouraged larger financial institutions to get involved in similar efforts.

The nine business owners will continue to receive mentorship for the next six months. Organizers hope to run another class later this year, with plans to double the number of participants. For now, the focus is on making sure this first group succeeds, proving that with the right support, small businesses can thrive and create lasting change in their neighborhoods.


MORE NEWS

Business U.S. 24 work begins next week

August 27, 2026 - 17:17

Business U.S. 24 work begins next week

WASHINGTON, Ill. - Drivers in the Washington area should plan for delays starting next week as the Illinois Department of Transportation begins a pavement repair and resurfacing project on Business...

New resources available for a growing number of veteran-owned businesses in Texas

August 27, 2026 - 01:25

New resources available for a growing number of veteran-owned businesses in Texas

The Texas Veterans Commission is highlighting a major surge in veteran-owned businesses across the state, and with that growth comes a fresh wave of support. New resources are being rolled out to...

British Business Bank’s small business loans hit £4bn

August 26, 2026 - 03:56

British Business Bank’s small business loans hit £4bn

The British Business Bank has reached a new milestone, confirming that its small business loan program has now distributed more than £4 billion to companies across the UK. The state-owned...

A Business School Professor's Lessons From Teaching AI To MBAs

August 25, 2026 - 17:33

A Business School Professor's Lessons From Teaching AI To MBAs

After a full semester of teaching MBA candidates how to manage AI agents, Ayse Ozturk walked away with a clear conclusion: the thing business schools are not teaching is judgment. Not technical...

read all news
libraryhomehighlightshelpforum

Copyright © 2026 UpBizy.com

Founded by: Miley Velez

fieldsour storypostsrecommendationsget in touch
user agreementcookiesprivacy policy