August 23, 2017

SCORE Receives Grant To Help Small Businesses

The Deluxe Corporation Foundation has provided a $285,000 grant to help SCORE, a non-profit association focused on helping small businesses in the U.S.

The grant will help SCORE increase its trained volunteer base by 50 percent, or an additional 11,000 mentors, over the next three years. With this larger mentor base, SCORE will be able to support the start or expansion of an estimated 1 million additional small businesses in the United States by 2017.

"SCORE is focused on increasing our mentor base to meet the needs of the rapidly growing U.S. small business market. The generous grant from Deluxe Corporation Foundation will enable us to attract new, highly qualified mentors and improve our ability to match them with small businesses," said Ken Yancey, SCORE CEO.  

"Today SCORE mentors support nearly 400,000 small businesses. This grant from Deluxe will help us achieve our goal of helping to grow 1 million successful small businesses by 2017.”

This is the second major grant the Deluxe Foundation has provided to SCORE since 2009. Additionally, Deluxe Corp and SCORE are active partners on Project REV, a year-long small business marketing lab. Deluxe was named the 2010 SCORE Outstanding Corporate Small Business Supporter and Advocate.

“We serve more than four million small business customers nationwide and with Project REV we have seen first hand the value of one-on-one coaching for small business owners," said Lee Schram, Deluxe Corporation CEO.

"The Deluxe Foundation grant, directed to the growth and development of new SCORE mentors, is an excellent investment in the future success of more small businesses."  

About Mike Sachoff 189 Articles
Mike Sachoff is a staff writer for SmallBusinessNewz.

1 Comment on SCORE Receives Grant To Help Small Businesses

  1. SCORE receives a federal grant from Congress to help support its activities. The grant is administered by the SBA through the SCORE District Organizations. In addition to SBA funding, SCORE is supported by donations and fund raising activities conducted at the Chapter level.

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