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Right now, Black entrepreneurs are facing unique barriers to business success.
At SCORE, we’re working to change that by removing those obstacles and providing Black small business owners with access to personalized support. That’s why we created SCORE for Black Entrepreneurs: to meet you where you are and get you where you want to go.
Black-owned businesses were more likely to seek – but less likely to receive – outside funding.
- The Megaphone Of Main Street: The Impact of Covid-19, Impact on Black-owned Small Businesses
NEW LOANS
- 26.5% of White-owned businesses applied, and 54.2% were approved.
- 47.7% of Black-owned businesses applied, and 22.3% were approved.
DELAYS FOR EXISTING LOAN PAYMENTS
- 19.9% of White-owned businesses applied for delays, and 72.4% were approved.
- 39.8% of Black-owned businesses applied for delays, and 33.6% were approved.
SCORE is Here to Help.
Black small business owners and their communities have faced extraordinary challenges over the years. Now, we have an opportunity to do better. With over 50 years of experience, SCORE is renewing our commitment to being part of the solution. We’re here to close the opportunity gap. We’re here to take action. We’re here to give you the tools to meet and overcome any business challenge so that you can succeed.
Supporting Black-Owned Businesses.
Building a small business might seem daunting, but it’s more possible than you think. See how we’ve helped other aspiring entrepreneurs achieve their business goals.
“I can’t adequately express how much of a lifeline SCORE has been to us.”
- Rozalynn Goodwin, GaBBY Bows
"Everything that SCORE offered was exactly what I needed to get the business started."
- Charlynda Scales, Mutt's Sauce
“No one should be afraid to do something because they don’t know the answer.”
- Derschaun Sharpley, Helping Individuals Succeed Agency
There’s not enough ink in my pen to write about everything that’s great about my mentor, Mr. Mark Maguire. What makes him an exceptional mentor are the qualities he possesses naturally: his willingness to share his genius, skills, knowledge, and expertise - at a level that’s not condescending or confusing - in a concise manner that makes it easy to understand."
- Ursula Augustine, Ursula's About Phace Rittenhouse Studio
Get Mentoring Support.
What if you could sit down with someone who has been in your shoes? As a SCORE client, it’s as easy as that. We have a diverse group of experienced, volunteer mentors available to answer your questions about starting and growing a small business.
Learn What You Need to Know.
We recently spoke with our clients to fully understand the challenges facing Black small business owners today. Before most Black entrepreneurs even open their doors, they face a range of obstacles, from a lack of capital to difficulty accessing government programs—not to mention encountering bias and racism along the way.
SCORE’s Resource Library includes hundreds of free articles, templates, tools, videos, and checklists to meet any business need. You can sort by entrepreneur type, topic, and business stage to find exactly what you’re looking for.
Get Started
Not sure where to begin? Check out these articles and resources for Black entrepreneurs.
Your Money. Your Business. Your Life.- Funding and Financing Your Black-Owned Business
Learn how to be attractive to lending partners, funding options to consider, develop your business pitch to smartly leverage financing options to grow your business. Read more
View WebinarThe Megaphone Of Main Street: The Impact of Covid-19, Infographic #2 - Impact on Black-owned Small Businesses
COVID-19 has had a large impact on Black-owned businesses, with only 8.8% reporting profitability and growth as shown in our latest SCORE infographic. Read more
Minority Entrepreneurship: Going from Side Hustle to High-Growth Enterprise
Join this webinar and learn about the resources available to minority entrepreneurs and practical steps on how to launch, grow and innovate your business. Read more
View WebinarWhy Black-Led Banks are Essential for the Survival of Black-Led Businesses
Black-owned banks are vital to ensuring that Black businesses receive funding and continue to thrive. Read more
State of African-American Owned Businesses
70% of African-American entrepreneurs say they are either “somewhat happy” or “very happy” with their businesses. 72% say their businesses are profitable. Read more
How to Get Certified as a Minority-Owned Business
In a climate of intense awareness for the fair treatment of all minorities, getting your business officially certified as minority-owned can open important contract opportunities. Read more
Get Involved.
When you volunteer with SCORE, you change individual lives, support small businesses, and empower entire communities. We’re always looking for people to share their time, skills, and knowledge. No matter your background, we have a perfect role for you.
Become a SCORE volunteerMeet Some of Our Mentors
Here are a few of the mentors that are standing by and ready to help you achieve your business goals. SCORE mentors have a wide variety of skills and industry experience, are affiliated with SCORE chapters across the U.S., and are ready to connect remotely and help guide you through the many challenges of starting and running a successful business.
How I Can Help
“I’m the owner of two LLCs and the co-founder of two nonprofits. I also serve on eight different boards and committees across Maryland. With success comes a responsibility to reach back and provide opportunities for others.”
Why I'm Here
“I volunteer with SCORE because I learned far too many lessons the hard way as a business owner. There are too many people unaware of SCORE’s benefits—and far too many who believe it doesn't exist to serve them, which is the furthest thing from the truth.”
One More Thing
“I studied architecture in college, but then I took a summer job in a financial call center. It changed my life. Educating others on finance and creating generational wealth has been my passion ever since.”
How I Can Help
“I worked in corporate management for 15 years. Here I was, advising other people, and I thought, ‘I should take my own advice.’ I built a bootstrapped startup, so I have a lot of relevant experience for SCORE clients. I’ve been through the MBE/WBE certification process, too.”
Why I'm Here
“When I started out in business, I didn’t really understand how it worked. And that’s because I didn’t have any mentors or resources growing up. A lot of folks don’t have those resources, but through SCORE, I can share what I’ve learned with other entrepreneurs so that they can succeed.”
One More Thing
“I cook a lot. But it’s not just cooking—I like the science behind it. For example, I recently made shrimp scampi, and I spent all this time researching the chemistry of garlic. Raw, minced garlic will give you a stronger flavor, whereas roasted whole cloves are the mildest.”
How I Can Help
“I’m a United States Navy Veteran who brings nearly 20 years of experience improving processes, supporting consumers, and utilizing technology to drive business performance. I also launched a community organization that has provided support, training, and mentorship for over 1,600 professionals since 2007.”
Why I'm Here
“I was raised in a family that operated several small businesses, so I know that small business is the economic heartbeat of any community. As a SCORE mentor, I support each client in realizing their own talent as a business leader.”
One More Thing
“I've completed six full marathons, with the lifetime goal of running a marathon on every continent on Earth.”
Get Free Business Advice
SCORE offers the largest network of volunteer business mentors from all backgrounds and experiences to help entrepreneurs at any business stage and in every industry. At SCORE, your success is our success and our experts are trained to provide culturally-sensitive mentoring to help answer your questions, connect you with local resources and opportunities, and help you achieve your business goals.
Because our work is supported by the U.S. Small Business Administration, our mentoring is always free. That means you can meet with your mentors as often as you need, for the life of your business. We’re here to help you via phone, email, video conference, or chat. Enter your zip code in the field below to request your mentor today.
Or, find the right mentor for you by filtering your search by location, communication method, language, expertise, and industry.
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How Do You Decide?
If you are a business owner or manager, you are faced with a never-ending deluge of decisions every day. Many are relatively routine operational choices that can be resolved or delegated quickly. Others are more strategic with potentially serious and long-lasting consequences. The Library can help and here's why-
Business Manager? Plan to Take Care of Yourself
Business Manager ranks number seven on the list of the top ten most stressful jobs compiled by CNBC. Taking care of your health with regular checkups plus a sensible diet and exercise program is important for you, your family and your business. Think you are fit? Here is a quick way to check.
Prepared For A 100 Year Life? Your Children Should Be.
One of the ongoing challenges of managing a business is to be aware of various trends and the long-term implications they have for your business. One trend that is not very visible is increasing life expectancy. How long are you or your children likely to live? A deeper investigation of the numbers provided in The 100 Year Life by Lynda Gratton and Andrew Scott shows that since 1840 life expectancy has been increasing three months every year. Read what to expect.
Small Business Resilience - Tools Small Businesses Use to Remain Resilient
We will look at the impact of COVID and delve into how the pandemic has affected U.S. small businesses and what resources are available to help businesses survive and thrive. Read more
Unlocking the Doors to Access for Black-Owned Businesses - Funders and Founders Share Their Real Life Stories
This discussion with both funders and founders – will share honest conversations on unlocking access and what it takes to unlock and walk through the door. Read more
The Growth of Digital Assets in Black Business America During the Pandemic
The pandemic caused the Black business community to pivot towards the creation of digital assets.
9 Resources To Help Black Owned Small Businesses
From looking into local chapters of Black Business Association to the Black Owned Everything website, there are several resources that can help the continued growth and success of Black-owned small businesses for years to come.
Your Money. Your Business. Your Life.- Funding and Financing Your Black-Owned Business
Learn how to be attractive to lending partners, funding options to consider, develop your business pitch to smartly leverage financing options to grow your business. Read more
How Black Female Entrepreneurs Can Achieve Startup Success in 2021
Black women business owners can find success by defining their MVP, being creative with capital, and drawing on community support.
Black Business Owner Spotlight
Black businesses and Black business owners have faced increasing challenges during 2020 and into 2021. Rieva Lesonsky talks with three Black business owners to get their advice and perspective.
Mastering Finances for Black-Owned Businesses
This session will get you more informed about your finances, understand your numbers, and make better financial decisions. Read more
13 Ways To Support Black-Owned Businesses & Organizations
Supporting black-owned businesses can help build relationships and boost community morale.