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SBA Announces Landmark Collaboration with Historically Black Fraternities and Sororities To Address the Wealth Gap Through Black Entrepreneurship

By June 21, 2022No Comments

(Photo courtesy of Black Enterprise and U.S. Small Business Administration)

U.S. Small Business Administration Administrator Isabella Casillas Guzman signed a Strategic Alliance Memorandum (SAM) with President Reuben A. Shelton, III, Esq., on behalf of the National Pan-Hellenic Council (NPHC)’s Council of Presidents, comprised of nine historically Black fraternities and sororities (the “Divine Nine”) to bring SBA’s valuable small business resources into reach for many small businesses and entrepreneurs.  This memorandum furthers the Biden-Harris Administration’s commitment to build equity and close historic wealth gaps that have held back America’s Black entrepreneurs, small business owners and their families and communities for generations.

To read more on this, click here to go to the Black Enterprise website!