New financial business mentor program looks to empower Atlanta Black entrepreneurs
22 Janeiro 2024 - 11:00AM
Sage, the leader in accounting, financial, HR, and payroll
technology for small and medium-sized businesses (SMBs), in
collaboration with The BOSS Network and Swoop, unveil a new
training and mentorship program, Pathways to Success, designed to
support Black women entrepreneurs in Atlanta.
The Pathways to Success training and mentor program, developed
and delivered through Sage Foundation, will equip 150 Atlanta-based
Black women entrepreneurs with a structured series of training and
roundtables, providing tactical advice to address and overcome
financial and capital-raising challenges. The program was developed
as a direct result of Sage, The BOSS Network and Swoop’s report
titled “Voices of Strength: Pathways to Success for Black Women
Founders” launched in September 2023. The report identified the
most prominent challenges Black women founders in Atlanta face,
including a lack of access to funding through grants and government
resources, mentorship, and the ability to digitally scale their
businesses for growth.
Participants will receive one year of training access and a
three-year membership to The BOSS Network. In tandem with the
Pathways to Success program, applications for The BOSS Network and
Sage’s Invest in Progress 2024 grant open January 22, launching the
third year of the program. Twenty-five grants will be provided to
Black women founders across the US, with seven going directly to
Atlanta-based business owners, all aiming to take their business to
the next level. The program offers $10,000 USD business grants and
alongside training, networking and mentor opportunities with The
BOSS Network.
Aziz Benmalek, President of North America at Sage
explains, “Atlanta is uniquely positioned with the highest
concentration of Black entrepreneurs in the US. When we uncovered
the challenges Black women founders were having in our research, we
decided it was vital to move forward with a meaningful program to
address the issues around funding capital and access to coaching
and network connections. Being a large tech company in Atlanta and
an authentic ally to Black women founders, it is our duty to uplift
more opportunities for funding resources and offer forums for
connection and educational resources. Investing in women is
imperative to building a prosperous and inclusive society.”
Dr. Cameka Smith, founder of The BOSS Network
adds, “For the past fifteen years, The BOSS Network has
been committed to investing in and equipping Black women
entrepreneurs to achieve success in business. From our vast network
of over two hundred thousand, to launching our first BOSS Impact
Fund three years ago and investing in sixty-five Black women
founders, The BOSS Network is well aware of the challenges and
needs of this audience, and continues to seek new ways to support
them. With Atlanta at the epicenter for Black business, The BOSS
Network is excited to partner with Sage and Swoop on this program
to not only provide resources, but to also empower them as they go
to the next level in their business endeavors.”
Andrea Reynolds, CEO and Founder of Swoop,
says: “BOSS, Sage and Swoop align in our goal to make
every business achieve its potential. Swoop’s contribution will be
to empower these brilliant entrepreneurs with education and
insights to make the right financial decisions to start and grow
their businesses. Some business owners have been historically
under-represented, but that means there is potential for huge,
positive change. With Sage and BOSS, we’re ready to roll up our
sleeves and get to work.”
To apply, visit the Pathways to Success program website
(applications close on February 5, 2024). To apply for the Invest
in Progress grant program
visit https://www.bossimpactfund.com/ (applications close on
February 23, 2024).
Media Contact brittany.farquhar@sage.com
About SageSage exists to knock down barriers so
everyone can thrive, starting with the millions of small- and
mid-sized businesses served by us, our partners, and accountants.
Customers trust our finance, HR, and payroll software to help
business flow. By digitizing business processes and relationships
with customers, suppliers, employees, banks and governments, our
digital network connects SMBs, removing friction and delivering
insights. Knocking down barriers also means we use our time,
technology, and experience to tackle digital inequality, economic
inequality, and the climate crisis. Learn more at Sage.com.
About The BOSS Network Founded by Dr. Cameka
Smith, BOSS™ is an acronym for "Bringing Out Successful Sisters,"
and the network’s mission is to promote and encourage the small
business spirit and career development of women. The BOSS Network
is an online community of professional and entrepreneurial women
who support each other through conversation, online, and
event-based networking. To find out more about The BOSS Network,
please visit www.TheBOSSNetwork.org. The BOSS Network was named as
a Forbes Top 10 Career and Entrepreneurial website for Women. More
than 200,000 active women members throughout the United States are
engaged through our social and digital programming. The BOSS
Network’s latest initiative is the BOSS Impact Fund, with a focus
on grant funding for 500+ Black women entrepreneurs, over the next
three years. In addition, each grant recipient will have a 1-year
scholarship to our BOSS Business University, a digital mentorship
program that will provide a comprehensive entrepreneurship
curriculum, to assist in long-term business growth.
About SwoopSwoop is a global fintech company
specializing in funding solutions for businesses. Swoop's platform
connects businesses and advisors with the right funding options,
streamlining the application process and saving them time and
money. Swoop is committed to helping businesses thrive by making
funding accessible and hassle-free.
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