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Fast Break for Small Business is sponsored by LegalZoom, NBA, WNBA, and NBA G League. This program provides grants and services to support small businesses in underserved and underrepresented communities, including Black-owned businesses.
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FAST BREAK FOR SMALL BUSINESS PROGRAM WITH THE NBA - Accion Opportunity Fund FAST BREAK FOR SMALL BUSINESS PROGRAM WITH THE NBA - Accion Opportunity Fund NBA Champion and Two-time MVP Giannis Antetokounmpo and Two-time WNBA Champion Kelsey Plum teams up with LegalZoom to support the small business community and share LegalZoom’s best plays for entrepreneurs.
Share this link on Facebook Share this link on LinkedIn Copy a link to your clipboard LEGALZOOM EXPANDS LARGEST GRANT PROGRAM TO-DATE TO DEPLOY $3 MILLION TO SMALL BUSINESS OWNERS AS PART OF FAST BREAK FOR SMALL BUSINESS PROGRAM WITH THE NBA – LegalZoom.
com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that applications are open for the last round of the annual Fast Break for Small Business grant program in partnership with the NBA, WNBA and NBA G-League.
This season will mark the program’s largest grant cohort to date with a campaign to give away $3 million in grants and services focused on assisting small business owners and emerging entrepreneurs with the necessary capital, tools, and expertise they need to start, run and grow their small business.
LegalZoom will be dedicating $1,500,000 in financial grants to 150 existing small business owners and $1,500,000 in products and services to 3,000 emerging entrepreneurs that need help getting their business started.
While small businesses have shown remarkable resilience to inflation, bank failures, and broader volatility, programs like Fast Break for Small Business will provide additional financial and educational support that drives economic and job growth in local communities. “We want to make it less intimidating for small businesses to get started,” said Dan Wernikoff, CEO of LegalZoom.
“Small business owners have faced unprecedented challenges over the past few years. It’s important that they know that there are programs available like Fast Break for Small Business that can support them on their business journey, and we’re proud to partner with the NBA to play a role in their growth and success.
” On the heels of announcing his own small business, Improbable Media, NBA Champion and two-time MVP, Giannis Antetokounmpo has partnered with LegalZoom to support Fast Break for Small Business and give back to the small business community. Giannis and two-time WNBA Champion Kelsey Plum will appear in a new LegalZoom TV campaign scheduled to air throughout the NBA and WNBA seasons beginning in March.
The upcoming TV spot will raise awareness for how easy it is to start a business using LegalZoom. “Early in my own journey, I didn’t have the financial background or support that’s so important when you’re building a business,” said Antetokounmpo. “I want to give others who are just getting started access to the kinds of business opportunities and expertise they need to be successful.
” Since the program launched in 2021, Fast Break for Small Business has granted $1,500,000 to 150 small business owners and provided nearly 4,000 small business owners access to free LegalZoom services. The program has impacted entrepreneurs from 48 states including the District of Columbia.
Of the grantees awarded, 92% identify as people of color, 60% identify as female-owned, and 72% operate their businesses in NBA, WNBA, or G League metro areas. Applications for Fast Break for Small Business grants are open today through September 13, 2024 at www. legalzoom.
com/fastbreakforsmallbusiness . Grants and services will be awarded throughout this year’s NBA and WNBA season. The NBA and LegalZoom are working closely with Accion Opportunity Fund, the nation’s leading nonprofit small business lender to administer and manage the distribution of grants.
For additional information on the Fast Break for Small Business program and to apply for a grant, visit www. legalzoom. com/fastbreakforsmallbusiness.
LegalZoom is the leading online platform for business formation in the United States. Driven by a mission to unleash entrepreneurship, LegalZoom delivers comprehensive legal, tax and compliance products and expertise for small business owners through easy-to-use technology.
From free business formations to business management solutions and professional advisory services, LegalZoom supports millions of small business owners and their families throughout the entrepreneurial journey. Founded on the belief that everyone should have affordable access to legal and financial expertise, LegalZoom empowers entrepreneurs to make their dream a reality. To learn more about LegalZoom, visit www.
legalzoom. com .
Accion Opportunity Fund Receives $85 Million New Markets Tax Credit Allocation to Continue Investment in Nonprofit Community Facilities How Lending and Learning Empower Small Business Growth Ripple is contributing a catalytic $15 million to Accion Opportunity Fund Michael Schlein Appointed Chair of the Board at Accion Opportunity Fund Accion Opportunity Fund Welcomes Industry Veteran John Foxgrover as Chief Capital Officer Accion Opportunity Fund Welcomes Industry Leader Elizabeth Ross-Ronchi as Chief Marketing, Product Strategy, and Communications Officer Accion Opportunity Fund and Mastercard partner to launch first of its kind digital financial learning platform for small businesses Accion Opportunity Fund Launches $100 Million “Rebuild Southern California Small Business Relief Fund” to Support Local Small Businesses Impacted by Wildfires Accion Opportunity Fund Welcomes Prominent Industry Leaders to its Board of Directors Accion Opportunity Fund Names Veteran Financial Executive Sanjeev Patny as Chief Credit Officer
Based on current listing details, eligibility includes: Small businesses in underserved and underrepresented communities. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $10,000 grants and up to $500 in LegalZoom services Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Community Food Projects Competitive Grants Program (CFPCGP) is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). This program awards grants to eligible nonprofits, tribal organizations, and food program service providers to promote self-sufficiency and increase food security in low-income communities by developing comprehensive, community-based solutions. Projects should address food and nutrition security, particularly among historically ignored communities, and include food-insecure community members in planning, designing, development, implementation, and evaluation. Grants require a dollar-for-dollar (1:1) match in resources.