US EditionHow One Company Is Fueling the Future of Small Businesses — With $5 Billion to Back It Up
- Verizon plans to invest $5 billion over the coming five years in partnerships with small business vendors across the United States through its Small Business Supplier Accelerator initiative.
- This commitment builds on Verizon’s decades-long support and aims to address obstacles that hinder small businesses from working with large enterprises.
- The program offers local training sessions, expedited payment schedules, revised insurance policies, updated indemnity conditions, along with opportunities for grants and access to mentoring support.
- Since 2021, Verizon has distributed $13.5 million in funding and supported more than 460,000 small businesses, with a target to assist one million by 2030. CEO Hans Vestberg emphasized the company’s commitment to small businesses as essential to the U.S. economy.
- Verizon’s investment is focused on strengthening local companies, creating a robust supply chain, and providing small businesses with the resources and support they need to grow and succeed in key markets across the country.
39 Articles
39 Articles
The Virgin Islands Daily News
How One Company is Fueling the Future of Small Businesses — With $5 Billion to Back It Up
(BPT) - Small businesses are the heart of Main Street — and the backbone of the American economy. From neighborhood restaurants to veteran-owned logistics companies, these millions of entrepreneurs are responsible for driving innovation, creating jobs and keeping communities thriving.
Verizon pledges $5 billion to boost US small business - Broadband Communities
News Verizon has pledged $5 billion over the next five years to support small business suppliers across the US, through the launch of its new Small Business Supplier Accelerator. By: Georgia Sweeting, Total Telecom The initiative is designed to lower barriers to entry for small enterprises, seeking to engage with large corporate supply chains. The accelerator will offer practical support such as tailored onboarding, training and more flexible c…
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