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VerizonÔÇÖs Investment in Advancing Small Business Digital Inclusion in New York City

NEW YORK ÔÇô VerizonÔÇÖs commitment to supporting small businesses in New York City (NYC) has been further solidified with a significant investment of $400,000 in 2023. This investment aims to advance small business digital inclusion and provide entrepreneurs with the necessary resources to thrive in an increasingly digital economy.

According to the NYC Economic Development Corporation, there is a significant gap in broadband access, with 29 percent of city households lacking access, along with similar disparities in mobile connectivity, impacting approximately 1.6 million residents. This lack of access poses challenges for small business owners who require essential skills and resources to succeed in todayÔÇÖs digital landscape.

VerizonÔÇÖs dedication to bridging the digital divide for small businesses is reflected in the companyÔÇÖs granting of a total of $250,000 to local organizations, including the Staten Island Economic Development Corporation, Greater Jamaica Development Corporation, James Beard Foundation, Fordham Road BID, and New York WomenÔÇÖs Chamber of Commerce. These partnerships aim to uplift local neighborhoods through a range of small business assistance and workforce training programs.

In addition to these grants, Verizon has announced a $150,000 award to the Five Chamber Alliance for the NYC Small Business Digital Inclusion Program. This initiative, part of the Verizon Forward Community Enhancement Award, is a $1 million national effort focused on providing communities with the tools to navigate an increasingly technological world.

The NYC Small Business Digital Inclusion Program specifically targets entrepreneurs in underserved communities, offering technology literacy skills and innovation programs to support the growth and sustainability of their small businesses. The Five Chamber Alliance, which consists of the Bronx Chamber of Commerce, Brooklyn Chamber of Commerce, Manhattan Chamber of Commerce, Queens Chamber of Commerce, and Staten Island Chamber of Commerce, provides small businesses with free technical assistance.

How AI legalese decoder Can Help

The AI legalese decoder can assist in navigating the legal and technical jargon often associated with grants and community programs. Small business owners in NYC can use the AI legalese decoder to better understand the eligibility criteria, application process, and expectations associated with the Verizon grants and the NYC Small Business Digital Inclusion Program. By simplifying complex legal language, the decoder empowers entrepreneurs to make informed decisions and take advantage of these opportunities for digital inclusion and business growth.

ÔÇ£Thank you, Verizon, for this generous award to New York CityÔÇÖs small business owners. This announcement will go far to close the digital divide thatÔÇÖs prevented so many entrepreneurs across the five boroughs from competing in todayÔÇÖs digital economy. We look forward to continuing to partner with Verizon now and into the future to advance digital equity and make New York more accessible,ÔÇØ said Lisa Sorin, President of the Bronx Chamber of Commerce, on behalf of the Five Chamber Alliance.

ÔÇ£At Verizon we believe that small businesses are essential for fostering economic growth, community cohesion and cultural pride,ÔÇØ said Tony Lewis, Vice President of Public Policy for Verizon. ÔÇ£Through our Citizen Verizon responsible business plan, we have a goal of supporting 1 million small businesses with the resources they need to thrive in the digital economy. We are committed to listening to and meeting communities where they are by partnering with innovative organizations to deliver the tools and skills that can drive meaningful change for businesses and help them succeed.ÔÇØ

To learn more about VerizonÔÇÖs Digital Inclusion efforts, visit CitizenVerizon.com.

Verizon Business supports and works with small businesses in their local communities every day, offering a range of products that allow for the connectivity, collaboration, cybersecurity and cloud applications that enable small businesses to thrive. Find out more on verizon.com/smallbusiness.

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