Business Topics & Grants

 

In the bustling landscape of the U.S. economy, Asian-owned businesses stand as significant contributors, employing millions and generating substantial revenue. Despite their impact, Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs) in entrepreneurship face notable challenges, particularly in accessing capital. Professional organizations dedicated to supporting AANHPI entrepreneurs play a pivotal role in this scenario. They not only provide crucial resources and education but also empower these business owners to overcome systemic barriers, thereby nurturing an environment where their entrepreneurial dreams can flourish.

 

Asian Business Empowerment Council (ABEC)

Background and Funding-The Asian Business Empowerment Council (ABEC), incubated by the Asian Community Fund and supported by the Eastern Bank Foundation and the Boston Foundation, is a key initiative aimed at strengthening Asian American entrepreneurship.

 

Goals and Initiatives-ABEC’s primary goal is to be a central hub for Asian entrepreneurs, addressing systemic disparities in business ownership and growth. It focuses on increasing the economic power and sustainability of Asian American businesses.

 

Services Offered-ABEC offers crucial services like equitable access to business resources and capital. It helps in overcoming language barriers and navigating government regulations. The council partners with various organizations to provide programs enhancing language, technical, and business skills for Asian American entrepreneurs.

 

 

ACE NextGen

Foundation and Mission-ACE NextGen, established to amplify Asian presence in American leadership, addresses the underrepresentation of Asians in key sectors like politics, business, and academia. It aims to empower and elevate Asian entrepreneurs, fostering their growth and presence in leadership roles across various industries.

 

Women’s Initiative and Scholarship Programs-A standout feature of ACE NextGen is its Women’s Initiative, which is dedicated to supporting female entrepreneurs. This initiative includes scholarship opportunities through programs like Level Up and Inner Circles. These scholarships are instrumental in providing women entrepreneurs with the resources and support needed to succeed in their business endeavors.

 

Webinars and Speaker Events-ACE NextGen also offers a series of webinars and speaker events, led by successful AAPI women, providing invaluable insights and networking opportunities. These events serve as platforms for knowledge sharing and community building, helping Asian entrepreneurs gain the skills and connections necessary for their professional growth.

 

Asian Leaders Alliance (ALA)

Composition and Purpose-The Asian Leaders Alliance (ALA) is a volunteer-led coalition encompassing over 600 AANHPI Employee Resource/Business Resource Groups and more than 2,000 global leaders, DEI practitioners, and nonprofit partners. ALA’s primary purpose is to empower AANHPI individuals to emerge as influential leaders in their workplaces and communities. It stands as a robust platform for promoting leadership development and cultural understanding within the AANHPI community.

 

Networking and Educational Opportunities-ALA offers a wealth of networking opportunities, allowing members to connect with other AANHPI business leaders and supporters. These connections foster a supportive environment where members can learn from each other’s experiences. The alliance also provides various educational resources, including seminars, workshops, and leadership training programs, all aimed at enhancing the leadership skills and professional development of its members.

 

Resources Available on the Website-The ALA’s website is a hub of resources for its members. It features educational videos, articles, and a plethora of information on upcoming events and initiatives. These resources are designed to offer continuous learning and development opportunities for AANHPI professionals, ensuring they have access to the latest trends, strategies, and insights in business and leadership.

 

 

Asian Pacific American Chamber of Commerce (APACC)

Mission and Activities in Michigan-The Asian Pacific American Chamber of Commerce (APACC) is a nonprofit organization based in Michigan, devoted to the economic advancement of Asian American and Pacific Islander (AAPI) businesses and professionals. Its mission centers around fostering business relationships and promoting economic growth within the AAPI community. APACC actively engages in various initiatives and events across Michigan, aiming to bolster the visibility and influence of AAPI businesses in the region.

 

Educational and Networking Opportunities-APACC offers a rich array of educational and networking opportunities for its members. These include workshops, seminars, and events designed to equip AAPI business owners and professionals with the knowledge and skills necessary for success. Networking events, often featuring key business leaders and experts, provide valuable platforms for members to connect, exchange ideas, and form strategic partnerships.

 

Loan Opportunities for Members-A significant benefit offered by APACC to its members in Michigan is access to loan opportunities. Eligible members in specific counties can apply for loans of up to $50,000. These loans are designed to support the growth and development of AAPI-owned businesses, helping them to overcome financial barriers and achieve their business objectives.

 

 

APARTNERSHIP

Agency Profile and Expertise-APARTNERSHIP stands out as a brand communications agency with a distinct focus on the Asian American market. Staffed by a team of multicultural advertising experts, the agency excels in understanding and navigating the unique aspects of Asian American consumer behavior. Their expertise lies in crafting strategies that resonate with this demographic, leveraging cultural insights to connect brands with their target audience effectively.

 

Services for Reaching Asian American Consumers-The agency offers a suite of services designed to help businesses effectively reach and engage Asian American consumers. These services include market analysis, brand strategy, and creative campaign development. APARTNERSHIP prides itself on offering insights into how consumers’ cultural backgrounds influence their purchasing decisions, thereby enabling businesses to tailor their marketing efforts to this diverse and dynamic market segment.

 

Customized Go-to-Market Plans-A key offering of APARTNERSHIP is the development of customized go-to-market plans for their clients. These plans are meticulously crafted, taking into consideration the client’s specific business goals and the nuances of the Asian American market. The agency provides comprehensive guidance on how to successfully launch products or services, ensuring that their clients’ marketing efforts are both culturally sensitive and strategically sound. Through these tailored plans, APARTNERSHIP helps businesses maximize their impact and reach within the Asian American community.

 

 

Asian American Business Development Center (AABDC)

Objectives and Initiatives-The Asian American Business Development Center (AABDC) is a non-profit organization committed to promoting the growth and recognition of Asian American businesses. Its primary objectives include showcasing the contributions of these businesses to the economy and advocating for greater representation in corporate leadership. The AABDC works diligently to involve Asian Americans in pivotal issues and policies at various governmental levels, ensuring their voices and concerns are heard and addressed.

 

Project Rebuild and Support for Small Businesses-A standout initiative of the AABDC is Project Rebuild, which is particularly focused on aiding minority small businesses. This project provides comprehensive technical assistance, including support in accessing capital, legal consultancy, and digital marketing strategies. These services are crucial in helping small businesses navigate challenges, adapt to changing markets, and secure the resources they need for growth and sustainability.

 

Annual Programs and Conferences-The AABDC also organizes a range of programs and conferences throughout the year, offering valuable networking and learning opportunities for Asian-owned businesses. These events serve as platforms for entrepreneurs to connect with peers, industry leaders, and potential partners. A notable event is the “Outstanding 50 Asian Americans in Business Awards,” an annual celebration that recognizes the achievements and contributions of Asian American entrepreneurs, professionals, and corporate executives, now in its 22nd year. These events not only highlight success stories but also inspire and foster a sense of community among Asian American business leaders.

 

 

Center for Asian Pacific Women (CAPAW)

Founding and Objectives-The Center for Asian Pacific American Women (CAPAW) was founded with a profound commitment to nurturing leadership and awareness in the AANHPI communities. Established in 1995 by a group of visionary AANHPI women, known as the “Warrior Sisters,” CAPAW’s primary objective is to expand the leadership capacity of AANHPI women and create a supportive network that fosters awareness of pertinent issues. This organization is dedicated to strengthening community ties and ensuring that Asian Pacific women are well-represented in prominent leadership roles.

 

Training Opportunities and Leadership Programs-CAPAW provides an array of training opportunities and leadership programs aimed at empowering AANHPI women. These include regional conferences, national leadership summits, and the Asian Pacific American Women’s Leadership Institute (APAWLI). APAWLI, in particular, offers an in-depth leadership program annually, focusing on developing key leadership skills and providing a platform for networking with other accomplished AAPI women. These programs are instrumental in equipping AANHPI women with the tools they need for effective leadership and professional growth.

 

New Initiatives like “UNLEASH THE sHERO IN YOU!“-One of CAPAW’s newest initiatives is “UNLEASH THE sHERO IN YOU!”, designed for women of color who have been in the workforce for five years or less. This program aims to develop and implement community-impacting strategies, particularly focusing on addressing issues related to racism. It embodies CAPAW’s core belief that every action, no matter how small, can make a significant difference, furthering their mission to empower AANHPI women in all facets of leadership and community engagement.

 

 

Gold House

Focus and Membership Levels-Gold House stands at the forefront of advancing the success of Asian Pacific creatives, founders, and executives. With a clear focus on uplifting and supporting Asian Pacific talent, Gold House offers two distinct membership levels to cater to varying needs and aspirations of entrepreneurs within this community. These membership tiers are designed to provide tailored support and resources, ensuring members at every stage of their entrepreneurial journey receive the guidance and opportunities they need.

 

Programs for Entrepreneurs-For entrepreneurs, Gold House provides specialized programs that are instrumental in driving business growth and personal development. The ‘Gold Rush’ program, for instance, is a 12-week intensive course focusing on product development and enhancing brand awareness. Another key offering is the ‘Founder Network,’ where Asian Pacific entrepreneurs gain access to strategic programming and industry partnerships, learning how to expedite their business growth in a competitive marketplace.

 

Angel Network and Monthly Salons-A unique aspect of Gold House is its Angel Network, where investors focus on propelling Asian Pacific businesses forward. This network facilitates intensive networking, strategic investments, and cultural leadership, playing a pivotal role in the success of member ventures. Complementing this, Gold House hosts monthly salons, encouraging investment and discourse among members, fostering a community of mutual growth and support. These salons serve as dynamic platforms for members to engage with each other, share insights, and explore new business opportunities.

 

 

National Council of Asian Pacific Americans (NCAPA)

Coalition Overview and Representation-The National Council of Asian Pacific Americans (NCAPA) is a prominent coalition comprising 46 national Asian Pacific American organizations. It serves as a unified voice representing the diverse interests and challenges of the AANHPI communities. NCAPA stands as a significant force in advocating for the needs and rights of Asian Pacific Americans, encompassing a broad spectrum of issues affecting these communities.

 

Focus on Public Policy Issues-NCAPA’s primary focus lies in addressing public policy issues that impact AANHPI communities. The council actively engages in policy discussions and advocacy at various governmental levels, aiming to influence and shape policies for the betterment of the AANHPI population. Their work includes a range of issues from healthcare and education to civil rights and immigration.

 

Program to Stop Asian Hate-In response to the rising incidents of anti-Asian hate and discrimination, NCAPA has initiated a dedicated program to combat this alarming trend. This program involves advocacy, public awareness campaigns, and collaboration with other organizations to address the root causes of hate crimes against Asian Americans and Pacific Islanders. Through this program, NCAPA seeks to foster a safer and more inclusive environment for AANHPI communities.

 

 

National ACE

Formation and Mission-The National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE) was established in 2012 by a group of Asian American executives. Its mission is to serve as the unified voice for the business interests of Asian Americans and Pacific Islanders (AAPIs). National ACE is dedicated to advancing the aspirations and economic success of the AAPI business community through advocacy, partnerships, and diverse programs.

 

Small Business Resource Center (SBRC) and Training Programs-At the heart of National ACE’s offerings is the Small Business Resource Center (SBRC). This center provides AAPI small businesses with access to a range of virtual training and educational resources. Topics covered include marketing, utilizing Google tools, understanding government funding opportunities, and networking strategies. These training programs are designed to equip AAPI small business owners with the knowledge and skills necessary for their entrepreneurial success.

 

#AAPISTRONG Movement and AAPISTRONG Fund-In response to the increase in hate and discrimination against AAPIs, National ACE launched the #AAPISTRONG movement. This initiative encompasses a series of actions, including the AAPISTRONG Fund, which offers financial grants to AAPI-owned small businesses. With over $2 million distributed, this fund provides crucial support to businesses facing challenges, reinforcing National ACE’s commitment to empowering the AAPI community during difficult times.

 

 

National Coalition for Asian Pacific American Community Development (National CAPACD)

 

Coalition Goals and Advocacy-The National Coalition for Asian Pacific American Community Development, known as National CAPACD, is a progressive coalition focused on advocating for low-income AANHPI communities and neighborhoods. Its goals are centered around strengthening and mobilizing its member organizations to build national power and advance economic and social justice. National CAPACD plays a vital role in championing the rights and development of underserved AANHPI populations.

 

Small Business Program and Support Services-National CAPACD’s Small Business Program is a cornerstone of its efforts to uplift AANHPI entrepreneurs. This program offers comprehensive support to help start, grow, and sustain small businesses within the AANHPI community. It includes a range of technical assistance, peer learning opportunities, and mentorship, all aimed at fostering the success and longevity of AANHPI-owned small businesses.

 

Technical Assistance and Mentorship-A critical aspect of National CAPACD’s support is providing technical assistance and mentorship to AANHPI entrepreneurs. This assistance covers various areas crucial for business growth, including access to capital, legal consultancy, and effective marketing strategies. Through these services, National CAPACD ensures that AANHPI small business owners have the necessary tools and guidance to navigate the challenges of entrepreneurship successfully.

 

 

National Association of Asian American Professionals (NAAAP)

Network and Mission-The National Association of Asian American Professionals (NAAAP) is a dynamic, volunteer-run nonprofit organization with 30 chapters across North America. Its mission is to inspire and promote the professional and leadership development of Asian Americans. NAAAP aims to be a platform where business leaders from diverse industries can connect, grow, and contribute to their communities.

 

Networking Opportunities and Conferences-NAAAP provides an array of networking opportunities and organizes conferences that cater to the professional growth of its members. These events offer a space for Asian American professionals to meet, exchange ideas, and form valuable connections. Conferences and networking events hosted by NAAAP are vital for fostering community engagement and professional development among Asian American professionals.

 

Speakers Bureau and Career Center-A notable feature of NAAAP is its Speakers Bureau, which comprises a range of experienced and influential professionals available for speaking engagements. This bureau enhances the visibility of Asian American leaders and offers members exposure to diverse perspectives and expertise. Additionally, NAAAP’s robust career center serves as a resource for job postings and career advancement opportunities, supporting members in their professional journeys.

 

 

US Pan Asian American Chamber of Commerce Education Foundation (USPAACC)

Role and Experience in Business Matchmaking-The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) is renowned for its expertise in business matchmaking. With over 30 years of experience, USPAACC excels in connecting Asian American businesses with Fortune 1000 corporations, government agencies, and nonprofits. This matchmaking process is integral to fostering business growth and building strategic partnerships, making USPAACC a pivotal player in the Pan Asian American business community.

 

Certification for Asian American Businesses-USPAACC offers a vital service to the Asian American business community through its certification program. This program certifies businesses as minority-owned, enhancing their visibility and credibility in the marketplace. The certification opens doors for Asian American businesses, increasing their chances of securing contracts with large corporations and government entities, and playing a crucial role in their growth and success.

 

Networking and Contracting Opportunities-Networking and contracting opportunities are a cornerstone of USPAACC’s offerings. The organization hosts a variety of events and forums where Asian American businesses can connect with potential clients and partners. These opportunities are not just about making connections; they are about building lasting relationships that can lead to significant contracts and business expansion, thus empowering the Pan Asian American business community.

 

 

Additional Resource: The Asian American Foundation (TAAF)

Foundation Goals and Response to Anti-Asian Hate-The Asian American Foundation (TAAF) was established with a focused mission to create a more inclusive and safe future for Asian American and Pacific Islander communities. In response to the alarming rise in anti-Asian hate and violence, TAAF has positioned itself as a leading voice and advocate. The foundation is dedicated to addressing and combating these issues through public awareness campaigns, policy advocacy, and community support initiatives.

 

Support for Related Nonprofits-A significant part of TAAF’s strategy involves supporting nonprofits that work towards similar goals. The foundation provides funding and resources to organizations striving to make a difference in the fight against anti-Asian hate and discrimination. This support empowers these nonprofits to amplify their impact, reach wider audiences, and implement effective programs that benefit the AAPI community in meaningful ways.

 

SCORE Resources

 

Grant Portals

• www.careportal.org
  
• www.energy.gov/scep/energy-future-grants
  
• www.federalgrants.com
  
• www.fema.gov
  
• www.grants.ca.gov
  
• www.grantsforus.io
  
• www.thegrantportal.com
  
• www.transportation.gov/grants/SS4A
  
• www.USA.gov
  

 

For more information, email George Schaefer at Funding@cmstothemax.com

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