What African American Small Business Support Means To Giving Tuesday December 2nd, 2025

Long Island, NY — The African American Small Business Foundation, Inc. today reaffirmed its commitment to strengthening the economic landscape for African American entrepreneurs through targeted support, strategic empowerment, and sustained community investment.

As one of the region’s leading advocates for minority business development, the Foundation works tirelessly to close opportunity gaps and build a stronger future for small business owners across New York State and beyond.

African American small business support is more than providing assistance; it is a comprehensive strategy designed to uplift families, generate jobs, and stimulate economic mobility. The African American Small Business Foundation, Inc. is at the center of this work—connecting entrepreneurs to the resources, knowledge, and networks they need to thrive.

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What African American Small Business Support Really Means

1. Expanding Access to Capital

African American entrepreneurs continue to face barriers when seeking loans, grants, and investment funding. The Foundation helps overcome these challenges by connecting business owners to:

• Micro-grants and loan programs
• Financial institutions and CDFIs
• Credit-building resources
• Capital readiness training

These tools help small businesses grow, hire locally, and strengthen the regional economy.

2. Delivering Training and Technical Assistance

Through workshops, mentorship, and partnerships with government and private-sector experts, the Foundation offers essential guidance in areas such as:

• Business planning and development
• Marketing and brand positioning
• Digital literacy and e-commerce
• Government contracting and certification
• Manufacturing and export readiness

This support equips entrepreneurs with the skills needed to scale successfully.

3. Creating Market Opportunity and Networks

The Foundation serves as a bridge between African American entrepreneurs and major opportunities by facilitating:

• Corporate introductions
• Procurement and vendor access
• Business expos and showcases
• Community outreach events
• Strategic partnership development

These pathways open doors to new clients, suppliers, and growth opportunities.

4. Advocating for Opportunities for Minority and Women-owned businesses

On a legislative and policy level, The African American Small Business Foundation, Inc. champions:

• Fair access to state and federal resources
• Inclusive procurement policies
• Expanded MWBE participation
• Economic equity in underserved communities

This advocacy ensures African American entrepreneurs have a strong voice in shaping economic policy.

5. Strengthening Communities Through Entrepreneurship

African American small businesses play a vital role in job creation, neighborhood revitalization, and community wealth-building. By supporting these enterprises, the Foundation helps to:

• Create sustainable job pathways
• Reinvest in local communities
• Develop youth entrepreneurship initiatives
• Build long-term economic stability for families

Stronger businesses build stronger communities.

About: The African American Small Business Foundation, Inc. - The African American Small Business Foundation, Inc. is dedicated to supporting and uplifting African American entrepreneurs through access to capital, business education, technical assistance, advocacy, and community engagement. The Foundation works in partnership with chambers of commerce, corporations, government agencies, and educational institutions to ensure that African American-owned businesses have the resources they need to flourish and grow to scale.