Increase Minority Business Resiliency Through Mentorships and a Minority Supplier Database
Increase Minority Business Resiliency Through Mentorships and a Minority Supplier Database
BUILD RESILIENCY
Lead Orgs:
Norfolk State University, Hampton University and the Hampton Roads Urban League, University of Virginia
Goal:
Aggressively support and grow minority entrepreneurs, startups, and small businesses.
Actions:
- Inventory all existing minority support services and resources in the region.
- Formulate a comprehensive minority supplier support ecosystem.
- The central component of this system will be an online minority supplier database that will:
- Provide information and links to state/federal grants, ongoing assistance, peer-to-peer networking, business-to-business marketing assistance, training, etc.
- Profile minority firms and their contact information.
- Create mentorship programs to help minority businesses participate in this resource.
- Market this service to all businesses and non-profits across the 757.
Accountability:
Track and report KPIs related to the use of this resource and the growth of minority businesses.