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Home » Black Business Enterprises: Empowering Minneapolis entrepreneurs
Minnesota

Black Business Enterprises: Empowering Minneapolis entrepreneurs

adminBy adminMay 15, 2025No Comments3 Mins Read
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Credit: Black Business Enterprises

The City of Minneapolis Department of Arts & Cultural Affairs recently launched the Vibrant Storefronts initiative, an innovative program designed to breathe new life into vacant spaces across the city. This groundbreaking project pairs property owners with local arts and cultural organizations, creating a win-win scenario: affordable rent for tenants and reliable occupancy for landlords.

One standout grant recipient this year is Black Business Enterprises (BBE), a Minneapolis-based nonprofit organization dedicated to empowering minority entrepreneurs and fostering sustainable economic growth. BBE’s participation in this initiative highlights their critical role in transforming underserved communities and providing essential resources for minority business owners.

Who is Black Business Enterprises?

Nancy Korsah Credit: Black Business Enterprises

Founded by Nancy Korsah, a trailblazing leader whose journey inspires hope and resilience, Black Business Enterprises (BBE) is much more than a nonprofit. Born in Italy to Ghanaian parents, Nancy’s experiences with racial adversity fueled her passion for creating opportunities for others. From humble beginnings cleaning celebrity homes to becoming a global advocate for Black entrepreneurship, Nancy has built a platform that empowers minority entrepreneurs to achieve financial independence and thrive.

A Mission Rooted in Economic Empowerment

BBE’s guiding mission is to bridge the gap in resources, access, and opportunities for minority-owned businesses and individuals from low-income communities. The organization’s core principle, “Worth to Wealth,” emphasizes the value of economic empowerment and entrepreneurship as tools for transformation.

How BBE Supports Entrepreneurs

BBE offers a variety of programs and resources to help entrepreneurs succeed, including:

  • Entrepreneurship Workshops:
    • Learn essential skills for starting and growing a business.
    • Gain insights into financial management and funding opportunities.
    • Develop effective strategies for long-term success.
  • Community Networking Opportunities:
    • Connect with mentors, peers, and potential partners.
    • Participate in events that foster collaboration and innovation.
    • Expand your professional network in a supportive environment.
  • Mentorship Programs:
    • Work one-on-one with experienced entrepreneurs.
    • Receive personalized guidance tailored to your business needs.

Core Values Driving Change

BBE operates on a foundation of strong principles:

  • Empowerment through Access: Bridging gaps for entrepreneurs.
  • Integrity: Building trust through transparency and ethical practices.
  • Justice, Equity, Diversity, and Inclusion (JEDI): Ensuring fair treatment and equal opportunities for all.
  • Giving Back: Creating a culture of support and community growth.

A Vision for the Future

Nancy Korsah’s vision is rooted in creating a future where minority entrepreneurs can thrive without barriers. By participating in the Vibrant Storefronts initiative, Black Business Enterprises not only gains a new space to call home but also deepens its impact on the Minneapolis community, paving the way for a more equitable and inclusive economy.

For more information about Black Business Enterprises and its programs, visit Black Business Enterprises.

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