level the playing field
for entrepreneurs of color
Launched in October 2020, the Multicultural Catalyst Program creatively re-designs equitable access to capital in an effort to disrupt traditional lending practices that often prevent entrepreneurs of color from starting businesses.
Entrepreneurship is a key pathway to narrowing the racial wealth gap and creating generational wealth. However, excluding Entrepreneurs of Color from access to capital ripples through the economy.
Our growth and success as a company provides us with an extraordinary platform to tackle the root causes of this challenge. We have the opportunity and the responsibility to leverage our resources, and harness the ingenuity of our community, to be a catalyst for progress.
Through the Multicultural Catalyst Program, we strive to bridge the gap between entrepreneurship and equity for businesses owned by people of color by connecting founders of early and growth-stage businesses from historically marginalized groups with capital, educational resources and mentorship opportunities.
We work side-by-side to guide you through the entrepreneurial journey with confidence. Whether you’re just getting started or have an existing business, we are the trusted partner to help you achieve your most ambitious business goals.
The online application will be opening spring 2022.
Looking for Grants?
This round of the grant program, managed by Mountain BizWorks and in partnership with Appalachian Community Capital and Truist, will provide awards in the amount of $2,500 – $5,000 to startups and emerging businesses owned by people of color in Western North Carolina.
Attend an orientation session
Join us for an online, interactive information session to discover what resources are available at Mountain BizWorks that will help you start, grow, and thrive in your business. Hosted by our Learning Services Associate, Millie Smith, this session is a great opportunity to learn more about Mountain BizWorks’ small business lending and learning programs.