Vanguard Accelerator to award $300,000 in support to Black, Indigenous, and Latina-Owned Businesses in the Twin Cities
ST. PAUL, Minn., April 17, 2023 /PRNewswire-PRWeb/ -- The Center for Economic Inclusion (the Center), in partnership with Founders First CDC and NEOO Partners, Inc., is pleased to announce the launch of the second annual Center's Vanguard Accelerator, an accelerator and grant to support Black, Indigenous, and Latina owned businesses based in the Minneapolis-St. Paul region. This is the Accelerator's second round in a multi-year collaboration to accelerate regional economic growth, create job opportunities with higher wages, and provide the access to capital needed for businesses to expand.
- "I believe that owning, leasing, or developing commercial real estate has the potential to significantly contribute to building wealth in communities of color.
- This is especially true for Black women and Latina small business owners, who often lack access to capital resources and technical assistance.
- The Center for Economic Inclusion's Vanguard Accelerator and Vanguard Fund are fueled by a multi-sector collaboration to maximize wealth-building opportunities for Black, Indigenous, and Latina-owned businesses in the Minneapolis-St. Paul region.
- Vanguard offers bank-ready businesses in high-growth industries proven tools and resources to scale, while also building racially inclusive and equitable corporate and government supply chains.