Impact

FEBG’s work ensures underrepresented entrepreneurs are getting the resources they need to grow their businesses and increase their wealth. Part of that includes investing in the ecosystem that supports these entrepreneurs so that future generations of entrepreneurs don’t face the same barriers.

Supporting underrepresented entrepreneurs creates economic development and local employment opportunities, healthier and safer neighborhoods, and a more inclusive and equitable economic region.

Progress

670

jobs created or retained

$6m+

awarded to BSOs that support business owners

Measuring Outcomes

We track the progress of our grant recipients with measures of success related most closely to our objectives and work. These include overall financial health, increased organizational capacity, and ability to scale or replicate services.

FEBG continually re-evaluates these measures of progress as the ecosystem changes, BSO programs and initiatives mature, and entrepreneurs’ businesses grow and change.