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SCORE Analysis Shows LGBTQ+ Small Businesses Contribute $1.4 Trillion to US Economy
The 1.4 million LGBTQ+ entrepreneurs across the United States are being honored during Pride Month by SCORE, mentors to small businesses and a resource partner of the U.S. Small Business Administration (SBA). SCORE Analysis Shows LGBTQ+ Small Businesses Contribute $1.4 Trillion to US Economy
It is a fitting moment to celebrate the efforts of LGBTQ+ small businesses, who contribute $1.7 trillion to the American economy every year according to a SCORE meta-analysis. SCORE also point out that the LGBTQ+ community has a purchasing power of an estimated $917 billion dollars in the U.S. alone. SCORE Support For All Entrepreneurs
SCORE has long supported diversity and it is a key part of their mission, vision and values. The organization supports all entrepreneurs looking to start or grow their small business and offers tools to help small business owners. These tools include 24/7 expert mentoring, resilience training and on-demand educational resources.
SCORE has helped around 11 million entrepreneurs start or grow a business since its founding in 1964, and currently boasts 10,000 volunteers who provide free mentoring, workshops and educational services to over 1,500 communities across America. Just last year alone, SCORE helped create 25,084 new businesses and 71,475 non-owner […]