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1M Black Businesses

Start, grow, and scale one million Black businesses by 2030

Drive Black economic development across the United States

We aim to start, grow, and scale 1 million Black businesses by 2030 to provide a successful path to wealth creation for the black community.

Impact 1MBB Partners Program Overview Workshops How to Help

What is the 1MBB Initiative?

The 1 Million Black Businesses initiative (1MBB) provides the black community a successful path to wealth creation through sustainable and profitable business ownership. 1MBB participants can take advantage of coaching and educational services, access to expert volunteers and more.

Shopify Data Shows How Far Black Entrepreneurs Have Come – And The Barriers They Still Face

READ ARTICLE

1MBB Impact

Launched in October 2020, the 1MBB Initiative is already making great headway. Read more

396K+
Black businesses started, supported and engaged through 1MBB
50K+
Coalition Partner business commitments
$26M+
In small business loans funded

Our Partners

Through the generosity of our partners the 1MBB initiative is provided to black-owned businesses free of charge.

Operation HOPE, has partnered with Shopify (who made a 10-year commitment valued at approximately $130 million) and a coalition of some 60 other corporate, governmental and private partners to positively impact one million Black-owned businesses in the U.S. by 2030. The following represents only some of the key 1MBB partners.

100 Black Men
AAE Association Logo No Background to customer (005)
Adams_Career_Academy
alabama asset building
AMPED_Logo_FullColor2
aprio-social-logoonly
Atlanta Black Chamber
BhamBlkBizAlliance
Birmingham
Blanchard House
Boomin University
carolina small business development
Central Alabama Redevelopment
Central state University Logo
Charlotte
CHOEDC Logo (002)
Citizens Bank logo
City of Pittsburgh logo
City of St. Louis
City-of-Memphis-logo-300x159-1
Clark Atlanta
Clear Channel Outdoor
Club E logo
COGIC URBAN INITIATIVES LOGO_
DebtMD logo
Department of Commerce logo
eat okra
Embassy International Chamber of Commerce logo
FDIC logo
First Horizon
First Independence Bank
FIrst Republic Bank logo
Georgia Small Business Development Center
GFGM Vertical_Full Color
Goodwill-Logo
Greater Georgia Black Chamber of Commerce logo
Harvest House
Horizontal
Huntington_Bancshares_Inc._logo.svg
Hustle Winston-Salem
HYFIN_TAG-BLUE (002)
iAtlanta-logo-vert-RGB
iHeart media
IHICA! logo
Image (2) (1)
Intuit
Jackson
Kansas City
Kappa-Alpha_psi
KC_logo
LHOME
Livingstone College logo
MARLS NYC logo
Mastercard
MFCF Logo
Nasdaq
NCCOD Logo
New Georgia Project
nflf_foundation
NFTE LOgo
PeacePelotonLogoR_Primary (002)
Phi Beta Sigma Fraternity Logo
Players Coalition Logo
ProsperUs-Detroit
Prudential
rcdc
REV_Print_LogoWithTagline
rise and remember logo
Sabre Finance
Salisbury
salvation army
Salvation Army Birmingham
SBA logo
SBDC_TN
she logo gold
Shopify_logo
Small Business Development Center - GSU
southern virginia diverse
southern youth leadership
Step Up Ministry
Sterling Seacrest Pritchard logo
The Grind Logo (002)
the point
The Reach Project logo
Truist
Uber
Uber-Eats-Logo
United Way of Southwest Georgia logo
Urban Impact
Veterans Growing Blue
Vivian's Door
Wells Fargo
West Angeles community dev
Womens Business Center

Start, grow, or scale your business

The 1MBB Initiative is an extension of the HOPE Small Business program with access to additional resources as made possible by support from key 1MBB partners. Operation HOPE’s team of dedicated Small Business Coaches can help entrepreneurs and new or existing small business owners identify their key needs and then provide the education, coaching and connections needed to improve their businesses.

Get Started

Components:

8-Week Workshop

Through an 8-week Small Business Development workshop participants are empowered with the tools and skills to successfully navigate the path to small business ownership, combining business training, personal development, access to professional services, and financial counseling.

Workshop Topics:
  • Session 1: Evaluating Feasibility, Selecting a Business Name, Entities, Why Businesses Fail, Pros & Cons of Business Ownership, SWOT
  • Session 2: Fundamentals of a Business Plan
  • Session 3: Market Research & Development
  • Session 4: Advertising Your Business
  • Session 5: Funding your Business/Financial Statements/Budgets
  • Session 6: Credit & Access to Capital
  • Session 7: Submit Final Business Plan/Pitch Presentations
  • Session 8: Business Plan Pitch/Presentations and Graduation

Mentors

Through the generosity of the 1MBB Partners volunteer business experts from top companies are available to provide free help with subjects like: Access To Capital, Business Mentorship, Business Strategy, Communications, Data Analytics, Debt Management, Digital Strategy Support, E-commerce, Establishing A Banking Relationship, Insurance, Marketing, People’s Solution, Search Engine Optimization, and many more topics.

Logo collage mentors from companies

Access to Capital

One of the 1MBB goals is to ensure access to equitable capital funding. We help you prepare for and know how to find capital to support your business.

City Partnerships

We’ve partnered with several cities to provide extended support for our 1MBB participants. Current city partners include: Memphis, TN • St. Louis, MO • Pittsburgh, PA • Birmingham, AL • Charlotte, NC • Jackson, MS and others.

Logo collage City Partners

Get Started

Get the HOPE in Hand App

Gain access to a Small Business coach & start, grow, or scale your business.
Through the generosity of our partners all programs are provided free of charge.

Download the HOPE In Hand app in the Apple App Store Download the HOPE In Hand app on Google Play

Workshops for Small Business

Select an upcoming 1MBB Intro Workshop for a program overview. When you want to get started with a coach, select an upcoming session of the multi-part Small Business Development Series.

View Workshops

Heart & Soul

Hear from our 1MBB staff & participants. They are what make 1MBB a success. Read More

Rachel Young-Didier
1MBB Participant Read Article
Cora Cleasants
1MBB Participant Read Article
Megan Graham
1MBB Participant Watch Video
Alondra Island-Chavez
1MBB Participant Read Post

How to Help

We are always looking for additional partners who share our vision for helping Black businesses. You can help 1MBB in a number of ways including making a financial commitment, providing volunteers, or offering free or discounted products or services that can help a Black business move towards success.

Support 1MBB

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