(Black PR Wire) New York, NY – The New York Urban League (NYUL) at present introduced a $250,000 grant from Valor Equity Partners for its Small Business Solutions Center to serve the essential wants of Black-owned small companies who’ve been negatively impacted by COVID-19. Valor Equity companions joins Paypal in supporting this essential work. The NYUL Small Solutions Center will serve these companies geographically positioned within the 5 boroughs that meet the Small Business Administration definition. NYUL may even associate with Bedford-Stuyvesant Restoration and Harlem Community Development Corporation on this effort to create a collective of service suppliers who’ve a legacy of success within the following industries: Marketing, Finance, Technology, Human Resources, and Business Management.

This Center will present superior and customised skilled providers to 25 Black-owned small companies in New York City. Members of this elite inaugural cohort will associate with business professionals to handle entry to capital, increasing the marketplace for your items or providers, exploring partnerships, growing efficient accounting practices, develop security measures for workers and their bodily plant. Each chosen enterprise will obtain a singular evaluation with a lead marketing consultant, who will work to supply a educated plan of action prescribed by an advisory board of company executives, profitable entrepreneurs, and different business leaders.

Antonio Gracias, Founder, CEO and CIO of Valor Equity Partners acknowledged, “We are honored to support the New York Urban League (NYUL) as it continues to assist and empower disadvantaged communities in New York City. Our contribution joins other supporters in assisting NYUL in its critical efforts to make available financial resources and expertise to Black and Latinx owned businesses in these communities. By working together and joining forces with other community organizations, NYUL continues to accelerate the recovery of NYC from the many challenges created by the pandemic and ensuing economic crisis. We are proud to be part of this effort.”

“COVID laid naked among the harsh realities of small companies who work with fragile again operations and money reserves. Too many companies weren’t in a position to whether or not the preliminary storm of COVID adopted by the staffing shortages and CDC rules which have emerged as New Yorkers return to work. As a end result, we’re thrilled to associate with Valor Equity Partners and to offer our chosen companies with entry to the huge community of sources afforded to our group within the company sector, authorities and group.  By creating collective media campaigns, directories and mini-trade reveals, we look ahead to connecting our small enterprise homeowners with prospects, capitol and sources they should survive and thrive,” Arva Rice, President & CEO of the New York Urban League.

NYUL created the Small Business Solutions Center in response to the necessity for small companies to have a constant and trusted supply of help. Black- and Latinx-owned companies proceed to battle to entry federal help efforts. As a end result, eating places and different small companies have needed to finance social distance requirements and necessities whereas creating web sites and different communications instruments to fulfill or construct demand for his or her providers.  NYUL’s Small Business Solutions Center will present real-time help and sources to assist companies get again on observe and re-enter {the marketplace} with improved and enhanced skills to fulfill buyer demand. 

About NYUL

Founded in 1919 to offer alternatives for Blacks migrating from the agricultural south to New York City, NYUL has helped staff and households achieve entry to jobs, faculties, and hospitals for greater than 100 years. NYUL has opened the ranks of many industries to Black staff and helped hundreds of African American college students change into first technology faculty college students. Central to NYUL’s work is the core perception that inequality is unacceptable. To that finish, the group focuses its efforts on teaching programs with a concentrate on STEAM and faculty entry, employment and advocacy. The flagship affiliate of the National Urban League, NYUL is one among New York’s oldest civil rights organizations. 

About Valor Equity Partners 

Valor Equity Partners is an operational development funding agency targeted on excessive development firms throughout numerous levels of improvement. For a long time, it has served its firms with the experience to resolve the challenges of development and scale. Valor Equity Partners companions with firms and entrepreneurs who’re dedicated to the best requirements of excellence and the braveness to remodel their industries.



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