Amazon Launches Black Business Accelerator With A $150 Million Commitment

Black Business Accelerator

Amazon

Born from the collaboration of Amazon’s Black Employee Network and a coalition of strategic partners, the Black Business Accelerator (BBA) wants to build equity and sustainable growth for Black-owned businesses. Specifically, the initiative targets barriers to access such as access to capital, mentorship, and growth opportunities. The BBA will provide financial support, business education and mentorship, and marketing and promotion of their brands and products as third-party sellers on Amazon.com. 

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Amazon has formed strategic partnerships with the Minority Business Development Agency and U.S. Black Chambers Inc. These organizations will support BBA by leading community engagement and helping provide participants with mentorship, business development, training and educational resources to lead them to success. Thanks to their long-term experience in supporting Black businesses, they…

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