Operation HOPE, a nationwide nonprofit devoted to entrepreneurship and monetary literacy, has introduced a partnership with SCORE, the most important community of volunteer enterprise mentors within the U.S. The collaboration goals to develop 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 steerage for six a long time. By means of this partnership, SCORE will lengthen 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 almost 400,000 Black-owned companies, providing mentorship, coaching, and entry to capital. By integrating SCORE’s mentorship framework, the initiative goals to additional its affect 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, help, and develop small companies nationwide,” mentioned John Hope Bryant, Founder, Chairman, and CEO of Operation HOPE. “By working with a corporation like SCORE, which understands the dedication to service in reaching our objectives via initiatives like 1MBB and catastrophe reduction applications, we are able to present needed assets and drive financial success for entrepreneurs nationwide.”
Complete Help for Small Companies
The partnership will deal with a number of key areas:
- Mentorship and Enterprise Steerage – SCORE volunteers will present one-on-one teaching and enterprise growth help.
- Mortgage and Grant Help – Operation HOPE small enterprise shoppers will obtain steerage on making ready documentation for monetary help.
- Instructional Packages – Each organizations will collaborate on workshops, coaching periods, and enterprise assets to boost small enterprise success.
By combining Operation HOPE’s community and applications with SCORE’s enterprise growth 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 progress in communities nationwide.