Exciting news is buzzing around Columbia! The Midlands Minority Business Accelerator program is back for its fourth year, and applications for 2024 are already open! If you’re a business owner, this could be a fantastic opportunity for you to level up.
So, what’s this Minority Business Accelerator all about? Well, it was born out of a need for better support and resources for minority entrepreneurs. The program aims to close the gap in knowledge when it comes to running, starting, and keeping a business thriving. Naomi Walton, the director of Small and Minority Business with the Columbia Chamber, explained, “The reason that the Midlands Minority Business Accelerator was created initially is because there has been a disparity of information for minorities.”
We’re talking about the nitty-gritty of business — from understanding market prices to knowing your worth in a competitive marketplace. Chris Williams, owner of the popular Roy’s Grille, shared how the program has been a game-changer for him. With ten years already under his belt in the food industry, he has ambitious plans to open two more restaurants by 2028. His enthusiasm is truly inspiring!
Chris opens up about how he’s learned to value himself and his business. “A lot of times, as a minority, you’re just so happy that people are willing to do business with you,” he said. “Sometimes, you’ll kind of accept anything, not really knowing your value.” That’s where this program comes in — helping people like Chris discover their potential and navigate the world of entrepreneurship confidently.
Another phenomenal participant in the program, DeQuena Niles, is the CEO of 3D Nail Academy. She expressed her passion for nail art and making people feel beautiful, reminiscing about her childhood days practicing nails in her mom’s salon. DeQuena’s journey has also been influenced by the program, which she describes as “a game-changer.”
What’s really cool about this program is the sense of community it has created. DeQuena explained, “It was so refreshing to see it was people just like me.” You know how sometimes being an entrepreneur can feel a bit lonely? Well, having a support system of fellow business owners who share similar aspirations and challenges is priceless.
If you think this sounds like something you want to be part of, mark your calendars. The latest application window wraps up on October 31 at 5 p.m. To qualify, your business needs to check a few boxes: it must be majority-owned by a minority, have a minimum revenue of $200,000, have at least one full-time employee aside from the owner, and be running for three years or more.
It’s clear that the Midlands Minority Business Accelerator is making waves in the local community, and its impact is evident through stories like those of Chris and DeQuena. So, whether your passion is food, beauty, or anything in between, this program could be the jumpstart you need to push your business forward. Don’t hesitate — seize the opportunity and take your dreams to the next level!
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