Economic Development Programs in Memphis
A NON-PROFIT YOU CAN TRUST
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The Black Business Association of Memphis (BBA) is a non-profit serving Memphis. Through our Memphis ReStart program, we focus on providing Memphis business owners with the tools and resources they need to run a successful business, along with supporting the cultural diversity of local Memphis professionals. Learn more and get in touch with our team to join our ReStart Initiative today!
Our Economic Development Services
The Black Business Association of Memphis (BBA) is dedicated to economic development and advocacy initiatives that benefit the local business community in Memphis. Through our ReStart Initiative, the BBA supports aspiring entrepreneurs, seasoned business professionals, and executive-level candidates with resources that foster economic development.
Our Three Pillars
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The BBA’s ReStart Initiative offers a variety of tools and guidance. Our primary goal is to help black individuals launch, grow and manage their businesses. Our ReStart Initiative includes three pillars:
Next Level Leadership focuses on providing Black entrepreneurs, managers, and small business owners with the skills they need to take their businesses to the next level. We have a team of industry experts who provide mentorship, business strategy guidance, and access to capital.
Succession Solutions provides assistance with succession planning for existing businesses as well as new businesses. We offer insight into the best practices of succession planning, helping owners prepare for future growth or potential sale of their business. Our goal is to assist retiring business owners in passing off their businesses to trained successors while ensuring economic stability.
Our Talent Connection program helps connect qualified black professionals with potential employers in Memphis. We’re committed to helping business owners find the right individuals to fill executive-level positions, as well as entry-level positions. Through our network of contacts and resources, we’re able to help match job seekers with potential employers.
Next Level Leadership
The Next Leve Leadership (NLL) program emerged from BBA’s work with a design team consisting of instructional curriculum developers, seasoned industry experts, and employers to develop an actionable course to take entrepreneurs, managers, and small business owners to the next level. Through the design process, BBA Memphis determined that participants would be best served by dividing the program into two tracks: Career and Entrepreneurs.
With this effort, the BBA aims to identify, evaluate, and facilitate the acquisition of companies owned by Baby Boomers without succession plans as well as viable companies considering an exit from the Memphis market. The goal is to connect these owners with Memphis entrepreneurs, locally owned companies, and ambitious, business-minded managers willing and able to step into ownership roles.
BBA Talent Connect
The Talent Acquisitions program will focus on connecting Black professionals to employers offering career opportunities specifically within industries struggling to identify and hire diverse candidates. We’re committed to helping business owners find the right individuals to fill executive-level positions, as well as entry-level positions. Through our network of contacts and resources, along with our partnership with Matchplicity, we’re able to help match job seekers with potential employers.
Benefits of Our ReStart Initiative
How Our Memphis Business Initiatives Can Help You
Some of the benefits of this economic development program include:
Access to a wide variety of resources, from mentorship and guidance to financial assistance.
Connections with potential employers through our diverse central program.
Guidance on succession planning for future economic stability.
Support in launching or growing businesses through next-level leadership services.
The Black Business Association of Memphis is committed to economic and business development initiatives that benefit the cultural diversity of the Memphis business community. Through our ReStart Initiative, we provide guidance and resources to help aspiring entrepreneurs, seasoned business professionals, and executive-level candidates get the support they need to reach their goals. We recognize the importance of economic stability for local businesses in Memphis, and we’re here to help bridge the gap.
If you would like to learn more about our ReStart Initiative or how we can support economic development in Memphis, please reach out to us today. We are passionate about empowering black business owners, and we look forward to working with you.
Unlocking Opportunities and Fostering Economic Growth
The Memphis ReStart Initiative, led by the Black Business Association of Memphis, is a dynamic and comprehensive program designed to empower individuals, elevate businesses, and drive economic growth in the community. Through its three pillars — Next Level Leadership, Succession Solutions, and BBA Talent Connect — the initiative addresses a diverse range of needs and provides valuable resources, guidance, and support.
The Memphis ReStart Initiative is your pathway to success, where dreams are realized, and communities are revitalized. Join us in this transformative journey as we unlock new opportunities, bridge economic gaps, and build a more equitable and vibrant Memphis for all!
*Funded in part through a Grant with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.