The BBA working with a program design team composed of instructional curriculum developers, seasoned industry experts, and local employers to develop a course of action to take Black entrepreneurs, managers, and small business owners to the next level for economic growth.

Lessons will cover topics such as business acumen, financial planning, sales, and executive leadership. In addition to class work, networking, and seminars, the Initiative will provide access to Growth Coaching to create plans to explore career and busi n ess mode ls based on customized personal/business goals, experiences, education, capacity, and opportunities in the market.

Succession Solutions will focus on Acquisitions: 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 accelerate MWBE wealth creation by matchmaking and connecting these owners with Black entrepreneurs (men and women), Black-owned companies and ambitious, business-minded managers willing and able to step into ownership roles. 

 Our Succession Solutions approach brings together and collaborates with former business owners, job training programs, community development organizations, banking partners, faith-based partners, and labor organizations that are uniquely positioned to identify target sectors and facilitate successful opportunities and transitions.

We will work to organize placements of Black professionals with employers offering career opportunities specifically within industries struggling to identify and hire diverse candidates.