Harvard grad Matthew Fields finds success in online education with Stanford-backed Redbird Advanced Learning
A business he birthed in his time at Harvard University has allowed Matthew Mugo Fields to fulfill a promise he made while a young immigrant student back in high school — to one day help other students better their educational opportunities just as he was helped.
New Hampshire’s state liquor distribution system offers filmmaker new opportunity
Roxbury resident Robert Patton-Spruill has enough passion — and the boost of a federal distillery license — to believe that his recently launched New England Sweetwater Farm & Distillery can be a success in the business of booze.
Crowdfunding is a hot topic in the lending and investing world, but with billions of dollars at stake for small businesses and startups it is not just an Internet trend that will fade away in the short term. Developments in the industry suggest crowdfunding will be a crucial part of supporting entrepreneurs for the foreseeable future.
Online Zip loans aid small businesses
Kiva, a nonprofit lending organization, has helped connect entrepreneurs all over the world with $670 million in loans since it began its efforts in Africa a decade ago. Now, with more than 1.2 million lenders and money sent to 86 different countries, Kiva has set its sight on helping U.S. startup entrepreneurs with its Kiva Zip program.
The Boston Impact Initiative, an organization that supports community organizations through loans and grants, has made its first equity investment in a local business, backing Roxbury-based City Fresh Foods. The move is seen as an expansion of the Initiative’s efforts to provide sources of investment cash to businesses and organizations in Boston’s urban neighborhoods. In particular, the investment focus will be on existing local businesses that provide services to the diverse communities of color throughout the city.
Initiative backed by $1 million federal grant
A state program to help small businesses use technology to expand — with Dorchester Bay Economic Development Corporation at its heart — has shown officials one successful way to support economic growth. The Massachusetts Broadband Institute’s Small Business Technical Assistance Program has shelled out close to three-quarters of a million dollars to small businesses and also funded a number of technical training programs, workshops and outreach to educate small businesses about the benefits of using technology.
The store’s slogan is, after all, “The Supermarket for Everyone,” and the new location will allow the store to deliver on this promise.“It is ethnic, but is it also now modern and conventional,” Garry said.
Argus ad agency’s motto is “Work that Matters”
“What is essential to Argus is to do work that matters, that is our core value and core principle. That leads us to work with organizations that we respect and admire,” Arenas said.
After 40 years in the same location in Dudley Square, ethnic food market pioneer Tropical Foods is opening up a brand new store on Feb. 4.
Smarter in the City, a business incubator in Dudley Square, is continuing to build on its early success and has selected the second group of local startup companies it will support for a five-month period, starting next month.
While recent studies have shown that using mobile technologies — such as apps that help consumers connect with a business over handheld devices — can significantly increase revenue, other experts say businesses that don’t use mobile technologies will eventually wither and die.
The Massachusetts Minority Contractors Association broke new ground last week when it announced the appointment of Beverley Johnson as the organization’s first female president and chairwoman of the board.
Marketing firm wins Social Impact Prize
When Dorchester resident Michelle Miller Groves named her startup Social Good Marketing, she knew she would have to do something to impact the community. By targeting her integrated marketing services to nonprofits and setting up an internship program helping college students get experience with small businesses, she has done just that.
Erinn Danielle loves being a hair stylist. There is nothing the founder of Simply Erinn’s Unisex Salon in Cambridge would rather do with her day than help her customers feel great about their hair. But running a business is another thing and it wasn’t until she finally focused on the business end of things — a decade in to owning her salon — that the future really brightened.
Riding a wave of confidence, small business owners across the U.S. are expecting a banner year in 2015, with all indicators pointing to growth.
Entrepreneur Melissa James started her own recruitment company to help diversify the field by connecting underrepresented technical talent with software and IT companies.
Small businesses had much to celebrate in 2014 as all indicators continued to point to the steady rise of the U.S. economy out of the shadow of the Great Recession — led by growth in hiring and the increasingly effective use of technology to compete.
The Massachusetts Life Sciences Center — a Waltham-based organization that supports life sciences innovation, research and development — is giving $100,000 to The Partnership to take a look at the state of diversity in the industry and develop a professional development program that will help train and retain underrepresented minorities working in the life sciences industry.
The Boston University School of Hospitality Administration has a major asset in Assistant Professor Erinn Tucker, who is teaching her students that hospitality experience opens doors well beyond just working at a hotel or restaurant, and that they can play a major part in the U.S.’s increasingly service-oriented economy.
The federal Small Business Health Options Program, known as SHOP, is set up to help companies with 50 or fewer workers get better deals for employee health coverage, under the requirements of The Affordable Care Act. Setting up an online SHOP marketplace, like a similar version for individuals, is supposed to be the easiest way to get the best deal.
Massachusetts restaurant workers and living wage advocates took to the streets in protest late last week in the national Fight for $15 campaign, joining protesters in almost 200 cities across the United States — this despite Massachusetts already passing one of the highest minimum wage hikes in the country and also seeing voters approve a ballot question last month to guarantee earned sick time to most workers.
Jesse Nandhavan, the new president and CEO of the Boston chapter of the National Association of Asian American Professionals, knows he has a big task in front of him as he inherits a group that is facing a changing Asian-American business community in Boston. For years, the norm was for Asians to aspire to be doctors, engineers or corporate executives — but now more and more are trying their hand at starting their own small businesses.
One-time management consultant and math major Joanne Chang has turned her dream of opening her own bakery into a successful growing business, with four very popular Flour Bakery & Café locations around Boston.
Civil rights and social policy expert William Julius Wilson does not pull punches when it comes to discussing the problems that face communities of color in today’s world — and at Boston University’s recent event examining The Civil Rights Act of 1964 he argued compellingly that the lack of access to jobs and job training means little hope for America’s most disadvantaged.
A Sweet Place founder Beverly Hilaire ditched her profitable Fields Corner location in the hopes of securing a larger space in Dudley Square.
Massachusetts business owners and business and organizations that support them are already at work planning a pro-business agenda for the incoming administration of Governor-elect Charlie Baker.
While some business leaders say Boston is losing college graduates to other cities, a new report shows the city retains a better educated workforce than most U.S. cities
Volunteers with the NAACP Boston Branch hoped to inspire young professional women with the Lean In Series.
A number of federal, state and city officials visited Roxbury late last week to promote efforts to back the budding urban entrepreneurial community in Boston’s inner-city areas.
Corey Thomas, CEO of Rapid 7, always knew he wanted to run a company someday, but early on his was given the advice to seek experience and learn the different aspects of running a business.
ICIC was founded in 1994 by Harvard Business School Professor Michael Porter who realized that the development of small businesses is essential for the healthy growth of the nation’s inner cities. In keeping with this principle, ICIC headquarters are located in Roxbury, a primarily black and Latino section of Boston.
Harvard Business School Professor Michael Porter had a strong message for business owners and entrepreneurs attending the Inner City 100 Symposium last week — the business environment in the United States is showing some disturbing trends and small businesses may be the best hope to reverse them.
Hiring continued to rise through last month and small businesses are leading the way, adding the most employees across the United States.
The Boston chapter of the National Association of Asian American Professionals has recently increased its efforts to connect Asian businesses with the wider Boston business community.
Jossle is a youth marketing agency focusing on connecting brands with college students through on-campus representation, events and student-focused marketing.
A Greater Boston Chamber of Commerce program offers women business leaders seminars, workshops, roundtables and other events focused on personal leadership development, negotiation, skill building and networking.
The founders of the Tremendous Maid cleaning service maximize opportunities for their employees to grow professionally.
A panel of academics discusses the implications of the Market Basket workers’ revolt.
The Boston-based Initiative for a Competitive Inner City has been helping urban entrepreneurs and inner-city businesses for 20 years. For the last 15, the organization’s signature event has been the Inner City 100 Symposium and Awards.
Innovative thinking and continual belt tightening are keys to success.
Five years on from the official end of the Great Recession, a slow-growing U.S. economy has emerged. While many businesses have righted the ship from the toughest days, many small businesses are merely plodding alone, but small business experts are optimistic and suggest that entrepreneurs who showcase innovative thinking and continual belt tightening will make their businesses even stronger. Keywords: Small businesses, economic downturn, Great Recession, growing economy, business growth, improve the bottom line, increasing sales, profit margins
Women of color have become the driving force of the rise in women-owned firms in the United States. According to reports, they are doing so despite more obstacles and are driven to entrepreneurship as a result of structural limits in the traditional workforce.
The U.S. Department of Commerce Minority Business Development Agency is targeting minority business owners and offering a boost to their bottom line by taking part in the National Minority Enterprise Development Week Conference 2014.
In what N.Y. Gov. Andrew M. Cuomo is calling a big win for the downtown business district of Buffalo, equipment financing firm Blue Bridge Financial — after considering out-of-state-options — has decided to set up new headquarters in the historic Electric Tower in Buffalo’s central business district. The move keeps Blue Bridge’s current 12 jobs in the area and will create 71 new jobs over a five year period.
On June 17, the Office of Advocacy, an independent office within the U.S. Small Business Administration, released a report entitled “Small Business Profiles for the States and Territories,” an annual analysis of each state’s small businesses.
Last week, the U.S. Environmental Protection Agency released the Clean Power Plan proposal, which for the first time cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States. The EPA says the proposal will protect public health, move the United States toward a cleaner environment and fight climate change while supplying Americans with reliable and affordable power. But the National Black Chamber of Commerce is concerned the regulations will increase operating costs for business owners.
Tech giant Google surprised many last week by going public with data that showed the Silicon Valley-based company has a long way to go in its diversity efforts
Global Insights conducted a study of small business owners around the globe.
The company was named by the U.S. Small Business Administration as the “Massachusetts Small Business of the Year.”
The Chelsea, Mass.-based Golden Cannoli Company has received national recognition for its handmade cannoli and fillings by some of the largest distributors and customers in the United States for its handmade cannoli and fillings. This year, the company was named by the U.S. Small Business Administration as the “Massachusetts Small Business of the Year.”
The Office of Women’s Advancement will oversee and coordinate the Mayor Martin Walsh’s initiatives to promote equal rights and equal economic, social, political and educational opportunities for all women and girls throughout the city.
A panel at the New Economy Coalition’s CommonBound conference discusses how people of color are faring in emerging industries and alternative economic structures