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Hispanic-Owned Small Businesses are Starting at Record Rates, but Access to Funding Remains a Stark Challenge

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. 

Hispanic Press release

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

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Rural Entrepreneurs Report Growing Economic Anxiety

WASHINGTON, Sept. 13, 2022 – Rural small businesses face greater challenges to economic recovery and are less optimistic about the future compared to their non-rural counterparts, according to new survey data from SCORE, mentors to America's small businesses.

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SCORE's Fall 2022 Megaphone of Main Street: The Small Business Rural/Urban Divide surveyed more than 3,000 entrepreneurs and found that while more than 75% of small businesses surveyed have returned to pre-pandemic levels or better, more than half (53%) of rural entrepreneurs say they feel somewhat or extremely negative about the

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Female Business Owners Invited to Be Part of Confluence 
SCORE Greater Cincinnati is planning Confluence, a workshop on Sept. 29 at Mayerson Hall on the Hebrew Union College campus. The event is designed to provide female business owners with connections, information, and inspiration for business success.
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Entrepreneurs Compete for National Exposure in ‘Perfect Pitch’ Event

WASHINGTON, Aug. 17, 2022 – Entrepreneurs nationwide are competing this summer to gain national exposure and product placement at major retailers through the ‘Perfect Pitch’, sponsored by SCORE, mentors to America’s small businesses, and the MagicMakers Group (MMG), a collective of former Disney executives and experts. 

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‘Perfect Pitch’ participants have the chance to be featured on the TV program America’s Big Deal to pitch their products to home viewers. At the end of each episode, the contestant with the highest sales gets the chance to strike a deal with either Lowe’s, Macy’s or QVC/HSN

SCORE Clients' Success Shines
SCORE Clients' Success - Shines
SCORE, Grand Strand & Pee Dee Chapter, receives over 60 requests for mentoring every month. There are many great business ideas coming across our desks and computer screens every day. And we LOVE it!
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For Small Businesses Suffering from Current Economic Challenges, SCORE Provides Support

WASHINGTON, Aug. 2, 2022 - Small business owners continue to face challenges surrounding inflation, hiring, supply chain disruptions and labor shortages, according to recent SCORE data. In the wake of these obstacles, SCORE, mentors to America's small businesses and a resource partner of the U.S. Small Business Administration, offers support and guidance to navigate economic issues.

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SCORE provides small business owners a plethora of resources to guide them through these challenging times, including:

Small Business Resilience Hub

The Small Business Resilience Hub is a centralized

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More Volunteers Needed to Support Cincinnati Small Businesses
In 2021, SCORE Greater Cincinnati provided free business mentorship to more than 1,000 new clients and helped start 224 small businesses, leading to the creation of 504 new jobs. The organization is recruiting business professionals and retired business professionals to help grow the impact on Cincinnati’s small business community.
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Rural Entrepreneurs Resource Hub Launched by SCORE Small Business Mentors

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

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LGBTQ+ Entrepreneurs Positively Impact the U.S. Economy

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.

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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

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Rural Small Businesses Play Key Factor in American Economic Growth but Experience Roadblocks to Success

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.

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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

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Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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