WASHINGTON, Nov. 1, 2022 – Veteran-owned small businesses are now receiving extra support and resources via SCORE, the nation’s largest network of volunteer, expert business mentors. SCORE’s Small Business Hub for Veterans helps veteran entrepreneurs translate military skills into business success by navigating challenges and accessing a wealth of resources, combined with free mentoring support. SCORE is a resource partner of the U.S. Small Business Administration.
Veteran business owners make up a vital part of our nation's economy, representing 9.1% of all U.S businesses, generating $1
WASHINGTON, Sept. 15, 2022 – Over the past 10 years, Hispanic entrepreneurs have continued to start small businesses at a faster rate of 44%, compared to 4% of their non-Hispanic counterparts, according to a meta-analysis from SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.
There are nearly five million Hispanic-owned businesses throughout the country, and they contribute more than $800 billion to the American economy each year, according to SCORE’s analysis. Not only that, Hispanic small businesses employ about three million
WASHINGTON, July 7, 2022 – SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration has launched SCORE for Rural Entrepreneurs. This centralized hub provides rural small business owners with information, tools and personalized support to start and grow their business.
Small businesses in rural areas have declined by 33% over the past 10 years, and still face struggles including declining populations, funding challenges and limited broadband access, according to a recent meta-analysis from SCORE. In fact, 39% of the U.S. rural population
WASHINGTON, June 15, 2022 – During Pride Month, SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration, is honoring the 1.4 million LGBTQ+ entrepreneurs throughout the country.
LGBTQ+ small businesses contribute $1.7 trillion to the American economy each year, according to a SCORE meta-analysis. In addition, the LGBTQ+ community holds an estimated purchasing power of $917 billion dollars in the U.S.
“LGBTQ+ entrepreneurs play a vital role in the small business community,” said SCORE CEO Bridget Weston. “We want the LGBTQ+ community
WASHINGTON, June 2, 2022 – Small businesses with less than 50 employees provide 42% of all jobs in rural America, according to a meta-analysis from SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.
Small businesses contribute significantly to the health of rural economies but face a number of challenges, according to SCORE’s analysis, including:
Declining population
Rural America recently faced its first-ever decade-long population decrease of nearly 300,000 people between 2010 and 2020. For small business owners, the
WASHINGTON, March 26, 2020 /PRNewswire/ -- In response to the Coronavirus (COVID-19) pandemic, SCORE, the nation's largest network of volunteer, expert business mentors, has launched the Coronavirus Small Business Resource Center, a central hub of up-to-date information and best practices for small business resilience at this time. The completely free resource center includes financial support resources, live and on-demand educational content and access to remote mentoring.
"We understand that this is a very unsettling and uncertain time for small business owners, which is why it's critical
WASHINGTON, Jan. 9, 2020 /PRNewswire/ -- Small business owners feel only "somewhat prepared" for a potential economic downturn, according to new data gathered by SCORE, mentors to America's small businesses. Data shows that the U.S. economy is strong, but slowing; and, while 75% of small business owners rated their company's cash flow as "good" or "very good" in 2019, 67% of small business owners anticipate an economic downturn or recession in the next 12 months.
Most small business owners feel only "somewhat" financially prepared for a potential economic downturn:
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