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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, May 17, 2022 – Most small business owners (62.7%) report lower profits than expected over the past six months due to declining sales and higher expenses as inflationary pressures rise, according to new survey data from SCORE, mentors to America's small businesses and a resource partner of the U.S. Small Business Administration. 

SCORE’s Spring 2022 Megaphone of Main Street: Inflation & the Economy report surveyed more than 1,000 small businesses on the current state of inflation; how turbulent economic factors have affected profitability, and what they have done to protect their

WASHINGTON, April 5, 2022 – SCORE, mentors to America's small businesses and a resource partner of the U.S. Small Business Administration, is celebrating the impact of its 10,000 volunteers during National Volunteer Month. SCORE’s volunteers provide business mentoring and education in 1,500 communities nationwide, empowering local entrepreneurs, creating jobs and growing the American economy.

New impact data shows that in 2021 alone, SCORE volunteers:

• Donated 4,580,420 hours
• Helped create 25,084 new businesses, 71,475 non-owner jobs and 96,559 total jobs
• Provided clients with 326,617

WASHINGTON, March 8, 2022 – Two years into the pandemic, more than half of small businesses report being in fair or poor financial condition according to a meta-analysis performed by SCORE,  mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration.

Most small businesses have not applied for loans, even though 54% of entrepreneurs who didn’t apply for loans needed funds. Of the small business owners who did apply for outside financing, 63% used those funds to meet basic needs such as wages, rent and inventory costs, rather than to grow their