Focusing on economic development and job creation, we were originally founded in 1988 as the Florida Black Business Support Corporation to assist in the growth of Florida’s economy by providing financing and financing assistance to small businesses. Through those efforts, we worked directly with Florida’s small business community, providing technical assistance to business owners in the areas of creating/understanding financial statements, development of Business Plans and marketing, among others. This technical assistance is provided through workshops, one-on-one meetings, and teleconference calls.
After years of planning and preparation, our efforts expanded to a national focus. Currently, the National Black Business Support Corporation offers business financial literacy training, assists our clients in securing access to capital with our funding partners and serves as an experienced and trusted fiduciary to our partners for their programs.
Booker T. Washington and the Founding Board, National Negro Business League
NBBSC is a registered nonprofit corporation based in Florida and is an IRS-recognized 501(c)(3) non-profit organization. The Board leadership has more than 80 years of experience in fiscal and program management in its ranks, including 35 years of banking experience and 40 years of business loan underwriting experience. Board Members are chosen based upon their business banking and economic development experience.
Since 1988, our team received $10 million in capitalization appropriations from the State of Florida under what is today the Black Business Loan Program. During that time, we were either directly (Direct Loan or Venture Capital Investment) or indirectly (Loan Guarantee or Loan Referral) responsible for putting $9 million in the hands of Florida’s Black businesses in urban and rural communities. Since leaving Florida's BBLP administration, NBBSC has provided technical assistance and/or loans, directly through its own funds and in partnership with external funding partners, to more than 100 businesses. These loans have generated hundreds of newly created and retained jobs, creating wealth and opportunity where it didn’t previously exist.
If you would like to financially support our efforts, please use the button below to make
your tax-deductible donation to the National Black Business Support Corporation.
Checks may be mailed to our office at
495 Grand Blvd., Suite 206; Miramar Beach, FL 32550. Thank you!
A copy of the official registration and financial information may be obtained from the Division of Consumer Services by calling 1-800-HELP-FLA (435-7352) within the state. Registration does not imply endorsement, approval, or recommendation by the state. Ref CH59230
Your contribution will enable us to support black business development.