Operation HOPE, a nationwide nonprofit devoted to entrepreneurship and monetary literacy, has introduced a partnership with SCORE, the biggest community of volunteer enterprise mentors within the U.S. The collaboration goals to increase mentorship and assets for small companies and underrepresented entrepreneurs throughout the nation.
SCORE, a volunteer group with greater than 10,000 mentors, has supplied free enterprise steering for six a long time. By way of this partnership, SCORE will prolong its mentorship companies to small companies taking part in Operation HOPE’s 1 Million Black Enterprise Initiative (1MBB) and shoppers recovering from pure disasters.
The 1MBB program, launched in 2020, has supported practically 400,000 Black-owned companies, providing mentorship, coaching, and entry to capital. By integrating SCORE’s mentorship framework, the initiative goals to additional its influence in fostering Black entrepreneurship.
“This partnership with SCORE displays our fixed evolution in making certain we’re making native, regional, and nationwide connections to empower, assist, and develop small companies nationwide,” stated John Hope Bryant, Founder, Chairman, and CEO of Operation HOPE. “By working with a company like SCORE, which understands the dedication to service in reaching our objectives by way of initiatives like 1MBB and catastrophe aid packages, we are able to present crucial assets and drive financial success for entrepreneurs nationwide.”
Complete Help for Small Companies
The partnership will concentrate on a number of key areas:
- Mentorship and Enterprise Steering – SCORE volunteers will present one-on-one teaching and enterprise improvement assist.
- Mortgage and Grant Help – Operation HOPE small enterprise shoppers will obtain steering on making ready documentation for monetary assist.
- Instructional Packages – Each organizations will collaborate on workshops, coaching classes, and enterprise assets to boost small enterprise success.
By combining Operation HOPE’s community and packages with SCORE’s enterprise improvement experience, the collaboration seeks to create a stronger ecosystem for small companies. The initiative underscores a shared dedication to financial empowerment, entrepreneurship, and sustainable enterprise development in communities nationwide.
