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Press Release
From Startup to Shark Tank: Small Businesses Launch and Grow With Mentoring Support

WASHINGTON, Jan. 24, 2023 – This National Mentoring Month, entrepreneurs are harnessing the power of mentoring to launch their businesses to new levels of success. Entrepreneurs who work with a mentor are five times more likely to start a business – and report higher revenues and increased business growth – according to SCORE, a resource partner of the U.S. Small Business Administration and the nation’s largest network of volunteer, expert business mentors.  

In the News
SCORE Program Helps Formerly Incarcerated Start Businesses
Bridget Weston, CEO of the SCORE Association joins Roland Martin Unfiltered to discuss SCORE's mission as a resource partner for anyone looking to start or grow a small business. SCORE offers resources to formerly incarcerated individuals to combat employment discrimination as well as recidivism and to help them start businesses and achieve the opportunity for the American dream.
In the News
Leo’s Mercado in Marinette serves Hispanic population and more
Salina grew up in Marinette, but Eduardo immigrated to the area nine years ago from Mexico. Before the pandemic, Salina had an idea to open a Hispanic grocery store, but COVID hit, and they had to put their dreams on hold. That is until they talked with SCORE, a Green Bay nonprofit dedicated to small businesses. They were matched with a mentor that helped them through the business process. After their licensing, LLC registration and tax ID came through, they opened in July 2022 as the first Hispanic grocery store in the area.
In the News
With Help from SCORE Bucks County, Home Care Aide Launches Inflatable Party Rental Business
“It’s a Godsend of a program,” she said of SCORE. “To find a group of people to this level that are willing to go above and beyond to help other people was absolutely amazing.”
In the News
Resources For Retirees Looking To Start A Side Hustle
If you’re like one in ten people over the age of 50, you’ll want to start your own business. Why not? Find something you enjoy and know a little about, then take a leisurely stroll down the avenue of entrepreneurs.
In the News
A Rising Fed Rate Doesn’t Have to Derail Your Business Loan Refi
With the Federal Reserve’s recent hikes of its federal funds rate, borrowers with small-business loans may think that they've missed their opportunity to refinance to a lower interest rate. That’s not necessarily the case. A lower interest rate may still be within reach, because the rate you pay on your business loan is influenced by more than the Federal Reserve. And while a better interest rate can be helpful, it’s not the only reason to consider refinancing. Here’s what to keep in mind as you weigh your options.
In the News
Retirees Going Back to Work: Starting a Business
Retirees who need or want to go back to work in the U.S. today have the desire to be their own boss and are likely to start a business in retirement to have control over their own work environment. Seniors who go this route should be aware of the financial risks and should do as much research and planning as possible in order to protect their retirement savings from business failure.
In the News
'Keep on grinding': 'Shark Tank's' Mark Cuban praises BizPitch Savannah competition
Shark Tank's Mark Cuban, the successful entrepreneur and owner of the Dallas Mavericks, says a competition like SCORE Savannah's BizPitch gives entrepreneurs in smaller communities a chance to turn their idea into a reality.
In the News
Veteran-owned Business Resource Hub: Tools for success and stories to inspire
November is National Veterans and Military Families Month, a celebration of United States military personnel, veterans, and their families. To support the nearly 338,000 veteran-owned businesses who enrich our communities, we’ve compiled this resource hub of valuable business information, inspirational stories.
In the News
Green Bay Woman Chases Her Dream As A Life Coach, With Some Help From Business Coaches, Mentors
SCORE client Julia Piechota worked with SCORE Green Bay on her small business.
In the News
Business Tips From SCORE: SWOT Analysis Should Be Part Of Your Business Planning
SCORE mentor Marc Goldberg discuses the importance of SWOT analysis being a part of your business plan.
In the News
‘One SCORE’ Team Mentoring Approach Helps New Business Owners Score
Sung Choi worked with a team of SCORE mentors across the country to get her small business up and running.

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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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