20 diverse small businesses earn resources to grow their companies

Bill.com, a leading provider of cloud-based software that simplifies, digitizes and automates financial operations for small and medium-sized businesses (SMEs), has announced the winners of Grow, the awards and business development program launched by its company Invoice2go. which recognizes the untapped potential of small business owners in underrepresented communities.

Out of 31,000 applications submitted, 20 proposals were selected to choose the winners, who will receive $ 200,000 in cash, to distribute among themselves and resources to successfully grow their business.

The company stated:

During this Small Business Month, Bill.com remembers the huge contributions that entrepreneurs make to the U.S. economy every day.

“By acknowledging our Grow winners and their minority-led businesses, we look forward to illuminating what the future of finance should look like, helping to remove systemic and institutional barriers by providing technology resources, mentor connections, and capital to support your business. “said René Lacerte, CEO and founder of Bill.com.

Based on a weighted scale of each entrepreneur’s business plan, purpose, feasibility of success, and challenges faced, the 20 winners received a $ 15,000 first-class cash prize, a $ 10,000 second-rate cash prize dollars or a third cash prize of $ 5,000. each. These winners also received a one-year free subscription to Invoice2go to further strengthen their growth capacity.

“All candidates received entry into community platforms, including Go Getters, Female Founders and Creative Collective, along with business development workshops given by renowned career coaches and content creators to expand their community building and knowledge sharing,” he said. .

To be considered Grow, companies had to be owned by a minority, operated and controlled by at least one U.S. resident 18 years of age or older who identified as one or more of the following: Asian-Indian, Asian-Pacific, Black, Hispanic, native. Native to America or Alaska, Arab or Middle Eastern, Native Hawaiian or Pacific Islander, LGBTQ + or as a person with a disability. In addition, the business had to be less than five years old, have no more than ten employees, and have annual revenues of no more than $ 1 million.

Here is the list of winners:

1º Level

  • Hsin Liu, M Bar of Harrison
  • Karol Rodríguez, Karol Rodríguez
  • Leah Hernández, Young Authors Publishing
  • Robin Oloyede, Colorfull Plates ™
  • Sativa Brown, Baron Long Party Rentals

2º Level

  • Anjali Nair, The Immigrant Academy
  • Ashley Knight-Williams, I’m still hungry DC
  • Demetria Sweatt, Wellness 4U
  • Derek Collins, Gifted & Lit.
  • Ismael Collazo, Blind Guy Boards
  • Johnny Williams, Williams Electric
  • Kristin Christian, Chicago French Press
  • Kobe Boateng, Kobe Boateng
  • Sonya Antoinette Harris, Go Verbal Speech Language Pathology Services
  • Tara Cooper, is the Bout Time beauty product

3º Level

  • Estephanie Mosquera Ortiz, Beaut & Beast Co.
  • Patricia Brickhouse, Ascension Ranch
  • Shana Henry, Muffhens Bakery
  • Shanika Valcour-LeDuff, Work and Love
  • Trevon Williams and Wendy Brehm, Purple Rose Wellness

“As CEO of a Chamber of Commerce in one of the most diverse cities in the country, I am dedicated to helping all businesses thrive. I am grateful that programs like Grow can devote time, financial support and resources to ensuring that businesses reflect the community they are serving, ”said Rodney Fong, president and CEO of the San Francisco Chamber of Commerce.

“Currently, less than 7% of children’s books are written for black, Latino and native authors together. We are committed to using this capital to support our growing community by offering competitive distribution of copyright to young authors, educating authors in literacy courses, and providing publishing opportunities for underrepresented writers, “said Leah Hernandez, founder and CEO of Young Authors Publishing, a children’s and youth book publisher whose mission is to change the dialogue around accurate representation in literature by sharing the stories of young blacks, browns, and Indians.

This is the jury made up of prominent journalists and leaders from the SMB community:

  • Candace Waterman, President and CEO of Women Impacting Public Policy
  • Gene Marks, small business expert, keynote speaker, author, and columnist for Forbes, The Guardian, and The Hill
  • Ramon Ray, entrepreneur, keynote speaker and best-selling author
  • Rodney Fong, president and CEO of the San Francisco Chamber of Commerce
  • Stephanie Mehta, CEO and Content Director of Mansueto Ventures, parent company of Inc. and Fast Company

Learn more about Grow winners here.

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