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Verizon unveils training camp to supercharge small business success
Globenewswire· 2025-07-23 13:30
Core Insights - Verizon Business is launching the Verizon Small Business Training Camp in September 2025 to support small business owners across the U.S. [2][5] - The event will feature prominent figures like Kristin Juszczyk and Drew Brees, offering expert-led panels, workshops, and networking opportunities [2][6]. Group 1: Event Details - The Training Camp will take place from September 8-10, 2025, at Verizon's Innovation Lab in San Francisco [6][8]. - Up to 20 small business owners will be selected for an all-expenses-paid trip to the event [2][6]. - The sweepstakes for the event runs from July 23 to August 10, 2025 [8][9]. Group 2: Program Offerings - Verizon Small Business Digital Ready is a free platform providing over 50 courses in English and Spanish, covering topics such as AI integration and financial planning [4][5]. - The program has impacted nearly 500,000 businesses, with over two-thirds of users reporting increased revenue and profit [4][5]. Group 3: Company Commitment - Verizon aims to provide tools and resources to 1 million small businesses by 2030 through initiatives like the Small Business Digital Ready program [5][6]. - The company emphasizes the importance of small businesses as the backbone of the U.S. economy [5].
Verizon announces a $5B commitment to continue investing in America and supporting small businesses
Globenewswire· 2025-05-13 15:39
Core Insights - Verizon has announced a commitment to invest $5 billion over the next five years in US small business suppliers through the launch of the Small Business Supplier Accelerator [1][8] - The program aims to create a pipeline for American small businesses, particularly those owned by veterans, to collaborate with Verizon and other large corporations, thereby strengthening the supply chain [1][2] Investment and Support Initiatives - The Small Business Supplier Accelerator builds on Verizon's existing support for small businesses, providing targeted training and flexible solutions such as faster payment terms and modified insurance requirements [2][6] - Verizon's Small Business Digital Ready program offers free access to over 50 expert on-demand courses, 1:1 coaching, networking opportunities, and access to capital for small businesses [3][5] Grant Opportunities - In partnership with LISC, Verizon has introduced a grant opportunity where eligible Digital Ready members can apply for $10,000 grants, with applications open until June 30, 2025 [4][8] - Since 2021, Verizon has awarded $13.5 million in grants to support small businesses [4] Goals and Achievements - Verizon aims to equip one million small businesses with the necessary skills and resources to thrive in the digital economy by 2030, having already supported nearly 500,000 small businesses through the Digital Ready program [5][6]
Block Advisors by H&R Block Now Accepting Entries for Second Annual ‘Fund Her Future' Grant Program Created to Help Female Founders Thrive, Fuel Small Business Growth
GlobeNewswire News Room· 2025-04-28 12:45
Core Insights - Block Advisors by H&R Block has relaunched its Fund Her Future grant program, accepting applications from April 28 to May 30, 2025, to support women-owned small businesses with high growth potential [1][5] - The program will award a total of $100,000 in grants, with one recipient receiving $50,000 and up to five others receiving $10,000 each, along with a year of small business services valued at nearly $30,000 [1][4] Group 1: Program Details - The 2025 Fund Her Future program aims to recognize six women-owned small businesses that demonstrate community impact [1][5] - Eligibility requires applicants to be over 18 and owners of a U.S.-based business, with a focus on those showing community impact [5] - The program received over 6,000 applications in 2024, highlighting the significant interest and need for support among female entrepreneurs [6] Group 2: Challenges for Female Entrepreneurs - Female entrepreneurs face significant barriers in accessing capital, with 42% of women business owners denied bank loans and nearly 90% relying on personal finances and credit cards for funding [2] - The 2024 State of Women's Small Business Report indicates that women entrepreneurs encounter more hurdles compared to their male counterparts [2] Group 3: Impact of Previous Grant Recipients - Grant recipient Heather Jiang reported a 50% increase in online traffic to her business after receiving the grant, which allowed her to expand product lines and hire staff [7] - Erica Cole leveraged the funding to launch a sensory-friendly collection in Walmart and acquire another brand, demonstrating the scaling potential enabled by the grant [7] - Ameka Coleman anticipates a 400% revenue increase from onboarding additional hospital networks due to the support received from the grant [7] Group 4: Company Overview - H&R Block, through its Block Advisors division, provides year-round services for small businesses, including bookkeeping, payroll, and advisory services [10] - The company combines digital innovation with human expertise to assist clients in achieving better financial outcomes [10]