Strategic Innovation for Economic Empowerment
In today’s rapidly evolving business landscape, under-resourced communities continue to face challenges in accessing the resources, networks, and opportunities needed to thrive. At BOOST! Strategy Group, we address these challenges by activating entrepreneurial ecosystems™ and driving economic growth through strategic innovation. Our work focuses on creating inclusive economic opportunities for entrepreneurs and workforce development programs that empower individuals, businesses, and communities alike.
By partnering with corporations, governments, and local organizations, we help build strong, sustainable ecosystems where businesses can grow, cities can prosper, and people can achieve their full potential. Through our collaborative efforts, we have sparked transformative change across urban ecosystems nationwide.
Strategic Innovation for Economic Empowerment
01. Small businesses create two-thirds of new jobs: According to the U.S. Small Business Administration (SBA), small businesses are responsible for two-thirds of net new job creation.
02. Under-resourced entrepreneurs face barriers to growth: A BCG report shows that Black-owned businesses are twice as likely to be turned down for bank loans compared to white-owned businesses, despite having identical credit profiles.
03. Closing the racial wealth gap could add $1.5 trillion to the U.S. economy over the next decade, highlighting the need for equitable investment in Black and Latinx entrepreneurs.
