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**National Small Business Month Celebrations in North Charleston**

**NORTH CHARLESTON, S.C. (WCSC) – In honor of May being National Small Business Month, a special event took place on Friday night, shining a spotlight on minority businesses thriving in the Lowcountry. The South Carolina Association for Community Economic Development, in collaboration with the Charleston Metro Chamber of Commerce and the Coastal Community Foundation, organized the Small Business Resource Mixer, Capital Conversations, at the Opportunity Center.**

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**Shared Resources and Ecosystem Building**

**The event brought together various resource providers who assisted entrepreneurs in enhancing their operations, marketing strategies, and funding prospects. Cory Wallace, owner of The Stag Pad, emphasized the significance of shared resources in business growth. He emphasized, “If you want to go somewhere fast, you can go by yourself. But if you want to go there, stay there, and ensure longevity, you need a team. It’s all about building a supportive ecosystem.”**

**The Ecosystem Resource Guide Launch**

**During the event, organizers unveiled a new platform known as the Ecosystem Resource Guide. This innovative platform aids entrepreneurs in finding specific agencies and resources tailored to their business needs, further empowering their growth and development. Chantelle Broughton, the small and minority business development coordinator for the South Carolina Association for Community Economic Development, highlighted the platform’s role in bridging the resource gap for minority entrepreneurs. She stated, “For minority entrepreneurs, especially, there’s a gap in accessing resources and understanding the available support. The Ecosystem Resource Guide aims to address these challenges effectively.”**

**Introduction to New Programs**

**Furthermore, participants were introduced to two new programs aimed at supporting businesses: the Cummins CARE Loan Program, designed to provide assistance with working capital, equipment, and inventory; and the Charleston Metro Chamber of Commerce’s Minority Business Accelerator Program. The Cummins CARE Loan Program has an application deadline set for Oct. 31, offering timely financial support to eligible businesses. The Business Accelerator Program, spanning a 12-month duration, furnishes business owners with a comprehensive three-year growth plan for sustainable development.**

**Empowering Entrepreneurs for Success**

**Bernie Mazyck, the President and CEO of the South Carolina Association for Community Economic Development, affirmed a commitment to continue hosting similar impactful events in the Lowcountry. Mazyck emphasized, “There are entrepreneurs throughout the Lowcountry with aspirations, and we strive to ensure that the necessary resources are readily available to support their endeavors.” The event concluded on an optimistic note, marking a collaborative effort to nurture and empower the entrepreneurial spirit thriving in the community.**

**Copyright Notice: Copyright 2024 WCSC. All rights reserved.**

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