Client:

Black Business Alliance

Grant Amount:

$2,700,000

Project:

Capital Readiness Program

Sector:

Minority Business Support

Empowering Minority Small Businesses in Connecticut

Divine Writing & Consulting Solutions (DWCS) successfully secured a $2.7 million grant from the Department of Economic Community Development (DECD) to implement a capital readiness program tailored for minority small businesses across Connecticut. This initiative was designed to provide comprehensive support, including financial literacy, business planning, and access to capital resources, aimed at fostering the growth and sustainability of minority-owned enterprises.

 

$2.7 million grant from the Department of Economic Community Development (DECD)

The Approach

Understanding the unique challenges faced by minority entrepreneurs was key. We conducted thorough research and needs assessments to craft a strategy that resonated with DECD’s goals of economic inclusion and sustainability. Our compelling proposal emphasized the high-impact outcomes the program could achieve.

The Outcome

The secured funding enabled the successful launch of the program, providing critical support to numerous minority-owned businesses. The program’s success is demonstrated by the increased access to capital and business growth experienced by participating enterprises, contributing to the broader economic development goals of Connecticut.

Success by the Numbers

The Black Business, Inc (BBA)

2.7 million

in funding secured from the Department of Economic Community Development (DECD) to implement a capital readiness program tailored for minority small businesses across Connecticut

The Black Business, Inc (BBA)

COUNTLESS

minority-owned businesses supported

The Black Business, Inc (BBA)

SIGNIFICANT

increase in access to capital
and business growth

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