NBA To Launch ‘Fast Break For Small Business’ Grant Program

The NBA, in partnership with an online legal services company, will create a small-business grant program
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The NBA, in partnership with an online legal services company, will create a small-business grant program targeted to businesses owned by people of color, women and members of the LGBTQ+ community, the league announced on Thursday.

The league and LegalZoom have committed $6 million over the next three years to Fast Break for Small Business, which will offer grants and legal and business services to minority-owned businesses as small businesses across the country continue to recover from the coronavirus pandemic. The first application round began Thursday and runs to Nov. 23, and the second round will begin around the start of the 2022 WNBA season in the spring. Fifty businesses will receive $10,000 grants, along with services from LegalZoom. Hundreds of other businesses will solely receive LegalZoom services.

“They are such an important part of our community,” Oris Stuart, the league’s chief people and inclusion officer, said of minority-owned small businesses. “They employ more than their fair share of the workforce. … They are [an] essential part of our ecosystem and the success of the broader community.”

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