LGBTQ + Entrepreneurs Positively Impact the US Economy

SCORE celebrates LGBTQ + small business owners

WASHINGTON, June 15, 2022 / PRNewswire / – During Pride Month, SCOREmentors to America’s small businesses and a resource partner of the U.S. Small Business Administration, is honoring the 1.4 million LGBTQ + entrepreneurs throughout the country.

LGBTQ + small businesses contribute $ 1.7 trillion to the American economy each year, according to a SCORE meta-analysis. In addition, the LGBTQ + community holds an estimated purchasing power of $ 917 billion in the US

“LGBTQ + entrepreneurs play a vital role in the small business community,” said SCORE CEO Bridget Weston. “We want the LGBTQ + community to know we are here to provide them with the tools and resources they need to excel when starting or growing their business.”

SCORE supports LGBTQ + small businesses
Sarah Scalapresident and principal consultant of Sarah A. Scala Consulting in Watertown, Mass., has utilized SCORE as a resource since the inception of her business 10 years ago. While she had been out to friends and family for a number of years, she came out publicly in 2021 to support and provide leadership coaching services to LGBTQ + clients. As part of her journey, Scala explains: “I challenged myself every month to do something additional to promote that I provide LGBTQ + services. It has not been easy. However, I feel confident about this choice as I am supported by peers, mentors, clients and my network. ” She is thankful for the continuous support of her mentors: “Each of my SCORE mentors has been exceptional with providing advice, support and a sounding ear.”

SCORE client Gavin Escolar, owner of The Chaga Company in San Francisco, Calif.has found great success and support with his SCORE mentor, Pete Slosbergover the years: “The Chaga Company loves SCORE. SCORE has given my business tools, focus, courage and persistence which results in business success. My SCORE mentor Pete Slosberg is GOLD. He is hands-on with the management of the company and has been on our side throughout this entrepreneurial journey. “

How SCORE can help
SCORE supports all entrepreneurs looking to start or grow their small business. Tools to support small business owners include 24/7 expert mentoring, resilience training and on-demand educational resources. Visit SCORE.org to learn more.

About SCORE:
Since 1964, SCORE has helped 11 million entrepreneurs start or grow a business. SCORE’s 10,000 volunteers provide free mentoring, workshops and educational services to 1,500+ communities nationwide, creating 25,084 new businesses and 71,475 non-owner jobs in 2021 alone. Visit SCORE at www.score.org. Follow @SCOREMentors on Facebook, Twitter and LinkedIn.

Funded [in part] through a Cooperative Agreement with the US Small Business Administration.

Contact:
Meghan Dooley
SCORE
202-968-6428
[email protected]

Sources:
https://nglcc.org/report
http://www.lgbt-capital.com/
https://www.uschamber.com/co/start/strategy/lgbtq-owned-business-resources

SOURCE SCORE

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