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A commitment of $1 million each to the Hispanic Heritage Foundation (HHF) and Black Girl Ventures Tik Tok has been announced in the celebration of National Small Business Week and Black Girl Ventures, on empowering entrepreneurs 2 organizations are focused on economic growth fostering.
Aims to bolster small businesses and captivate the next generation of entrepreneurs with this investment along with a series of workshops and in-app programming.
For small businesses to thrive and grow TikTok has become a valuable platform, economic time even during uncertain. Founder of @jtmobildetaing Jessica 60% of her customers choose a car detailing shop because of her presence on Tik Tk she revealed. From a single food cart to two restaurants in under six months owners of @aztaco.king have expanded their business.
For small businesses Recognizing the potential of Tik tok, in the Hispanic and Black communities, the platforms have decided to invest. In the Hispanic Heritage Foundation to elevate entrepreneurship in the community of Latin TikTok is investing $1 million. To cultivate leadership the organization is dedicated, to entrepreneurship, and education among Latin individuals. To launch a suite of programs designed to empower young entrepreneurs Tik Tok and HHF will together work across the country with capital and education.
In the Black Girl Ventures Tik Tok is also investing $1 million, in economic growth opportunities for Black and Brown women across the United States through education and access to Captial provides. The organization’s community programming this partnership will support includes support community organization, entrepreneur education, development leadership, funding opportunities, networking, also including the next generation of Brown and Black women entrepreneurs through their HBCU initiatives.
Highlighted the importance of platforms like TikTok which allow the small business owner to “flex their authenticity, Omi Bell, President and CEO of Black Girl Ventures, to new networks gain access, on their term grow the business.
4-week virtual workshop series called Tik Tik Webinar Series In addition to this investment Tik Tik is hosting, on May 10 which may be started, will share stories, strategies, and Tik Tik creators on how to engage with the audience and translate online success translates into real results of a business. To attend and learn from these creators’ businesses of all sizes.
