National Black Business Support Corporation

Name

National Black Business Support Corporation

Legal name

National Black Business Support Corporation

Website

https://nbbsc.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Small Business Economic Development Services

NAICS

Museums, Historical Sites, and Similar Institutions (712), All Other Support Services (561990)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Indigenous, Ethnic & Folk Arts/Heritage Organizations (BPAGAHAI)

Keywords

• Small business lending
• Minority business support
• Economic development services
• Business technical assistance
• Cultural heritage marketplace

Headquarters

HQ city

Miramar Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Annual membership fees at multiple tiers including Individual ($50), Basic/Micro Enterprise ($100), Corporate ($1,000), Bronze ($2,000), Silver ($3,000), and Gold ($5,000) levels. Membership provides access to the Pan African American Cultural Heritage Market Place, training programs, and advertising discounts.
2. Loan Facilitation and Fiduciary Services: The organization serves as an experienced and trusted fiduciary to partners for their programs. They provide technical assistance and loans through their own funds and in partnership with external funding partners. Revenue derived from loan-related services and partnership arrangements.
3. Advertising and Promotion Services: The Pan African Cultural Heritage Media marketing program offers advertising options across multiple channels including website, e-Newsletter, digital magazine, contests, and social media platforms. Serves advertisers seeking to reach Pan African audiences globally.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

NBBSC provides technical assistance, training, and access-to-capital facilitation for disadvantaged and minority-owned small businesses, and serves as the Administrative and Fiscal Manager for the Pan African Cultural Heritage Alliance. It operates the Pan African American Cultural Heritage Market Place (paachmp.com) as a global business directory and promotion platform, supplemented by advertising across Pan African Cultural Heritage Radio, YouTube, e-Newsletter, and digital magazine channels. It also delivers grant management and fiduciary services for partner programs.

Product overview

The National Black Business Support Corporation operates a platform-plus-services model centered on the Pan African American Cultural Heritage Market Place, a global business directory and promotion platform for Pan African cultural businesses. Complementary offerings include Pan African Cultural Heritage Radio and YouTube Channel ('The Tube') for edutainment and cultural awareness, along with Pan African Cultural Heritage Media advertising services across multiple channels. The organization provides business support through its K-WAM Financial Solutions lending network offering various loan products, technical assistance services including financial literacy training and business counseling, and grant/fiduciary management. Additional programs include the Forgotten Communities Program and Gateway Countries to Gateway Cities initiative for economic development. The organization also operates a multi-tiered membership program under the Pan African Cultural Heritage Alliance.

Differentiator

Problem solved

Functional benefit

Brands

• Pan African American Cultural Heritage Market Place: A global clustering of Pan African cultural businesses that serve the needs of the global marketplace. The primary program of NBBSC used to facilitate business growth, providing access to capital for members and assisting in developing the entrepreneurial spirit of Pan Africa.
• Pan African Cultural Heritage Radio ('The Radio')
• Pan African Cultural Heritage YouTube Channel ('The Tube')
• Pan African Cultural Heritage Media

Products and services

• Pan African American Cultural Heritage Market Place Global clustering platform and business directory for Pan African cultural businesses, providing marketing, advertising, promotion, and sales (MAPS) services, access to capital for members, and connections between businesses and prospective clients globally.
• Pan African Cultural Heritage Radio Educational and cultural heritage awareness streaming platform featuring edutainment content about Pan African culture and history, developed in partnership with the Pan African Cultural Heritage Institute and National Cultural Heritage Tourism Center.
• Pan African Cultural Heritage YouTube Channel ('The Tube') Educational and cultural heritage awareness video platform sharing edutainment content from educators, historians, researchers, and artisans about Pan African culture and history.
• Pan African Cultural Heritage Media (Advertising Program) Marketing and advertising program offering placements across NBBSC's website, e-Newsletter, digital magazine 'Pan Africa!', contests, and social media channels, with full-service advertiser consultation.
• Business Technical Assistance Services Business financial literacy training and technical assistance for disadvantaged and small businesses, including help creating financial statements, developing business plans, marketing, and government contract management, delivered through workshops, one-on-one meetings, and teleconference calls.
• Business Lending Network (Loan Facilitation Services) Loan facilitation services connecting business owners with appropriate lenders for multiple loan products, including unsecured business lines of credit ($20,000-$125,000), business term loans ($15,000-$5,000,000), merchant cash advances ($10,000-$1,000,000), MCA consolidation ($100,000-$5,000,000), commercial real estate loans ($100,000-$5,000,000), and equipment finance loans ($5,000-$5,000,000).
• Grant Management and Fiduciary Services

Quantifiable outcome

• $10 million in capitalization appropriations from State of Florida managed since 1988
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Pan African Cultural Heritage AlliancecoreStrategic or Co-development PartnerNBBSC serves as the founding member, administrator, and fiduciary agent for the Pan African Cultural Heritage Alliance. The alliance is an informal organization formed to work in unison to develop and support the vision of the Pan African American Cultural Heritage Economic & Community Re-Development Initiative.
• National Asset Building Coalition Inc. (NABC)majorStrategic or Co-development PartnerA 501(c)(3) organization that works with organizations to enhance economic vitality of Forgotten Communities through asset mapping and coordinating efforts of local chambers, business and community organizations. Partner in Pan African Cultural Heritage Alliance.
• National Cultural Heritage Tourism CentermajorStrategic or Co-development PartnerCreated to market and promote cultural heritage and tourism destinations of interest to people of African Descent. Part of the Pan African Cultural Heritage Alliance network, serving as cultural heritage tourism ambassadors and preservationists.
• Pan African Cultural Heritage InstitutemajorStrategic or Co-development PartnerServes as the 'Think Tank' for the Pan African Cultural Heritage Alliance, concentrating on disparities that exist across the globe. Develops the Gateway Countries to Gateway Cities program and Forgotten Communities Program.
• Florida Black Chamber of Commerce, Inc.majorStrategic or Co-development PartnerNetwork partner (N-01) in the Pan African Cultural Heritage Society. Eugene Franklin serves as Chairman of NBBSC and President of the Florida Black Chamber of Commerce, creating strong alignment between organizations.
• National Cultural Heritage Tourism SocietymajorStrategic or Co-development PartnerNetwork partner (N-02) in the Pan African Cultural Heritage Society, working on cultural heritage tourism promotion and destination marketing for people of African descent.
• Pan African Cultural Heritage InstitutemajorStrategic or Co-development PartnerNetwork partner (N-05) of the Pan African Cultural Heritage Society. Ricky Tucker serves as representative on the Pan African Alliance Board.
• Arts & Entertainment NetworkminorStrategic or Co-development PartnerNetwork partner (N-10) and department of the Pan African American Cultural Institute. Primary support network for the 'Forgotten Communities Program' using Arts to promote Pan African American communities.
• Faith!minorStrategic or Co-development PartnerNetwork partner (N-11) and department in the Pan African Cultural Heritage Institute that shares knowledge of faith and cultural practitioners with elders, community leaders, and organizations across the country.
• Pan African Cultural Heritage Radio PartnersmajorStrategic or Co-development PartnerDeveloped in partnership with Pan African Cultural Heritage Institute and National Cultural Heritage Tourism Center. Educational and cultural heritage awareness platform for edutainment content.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Opportunity Finance Network (CDFI): National network of Community Development Financial Institutions providing capital and technical assistance to underserved small businesses. Closely comparable to NBBSC's lending facilitation plus technical assistance model for minority and disadvantaged SMBs.
• SCORE: Nonprofit network providing mentoring, workshops, and small business technical assistance across the US. Directly comparable to NBBSC's technical assistance offering (workshops, one-on-one sessions, teleconferences) covering business plans, financial literacy, and marketing.
• Grameen America: Nonprofit microfinance organization providing small-dollar loans and business training to low-income entrepreneurs in the US. Comparable to NBBSC's micro-enterprise lending and financial literacy training for disadvantaged business owners.
• Small Business Development Centers (SBDC): Federal/State-funded nonprofit network providing free business consulting, training, and access to capital resources. NBBSC's Vice Chairman is also Assistant Director of the Florida SBDC at Gulf Coast State College, and SBDCs deliver near-identical services to NBBSC's target SMB demographic.
• National Black Chamber of Commerce: Direct peer as a national nonprofit membership organization advocating for Black-owned businesses and providing access to capital, technical assistance, and networking. Closely tied to NBBSC: NBBSC's Chairman Eugene Franklin concurrently serves as President of the Florida Black Chamber of Commerce, an affiliate of NBBSC's network.
• Accion: Nonprofit small business lender providing loans and advisory to underserved entrepreneurs, including minority and women-owned businesses. Comparable to NBBSC's business lending and financial literacy training core functions.

Broad incumbents

• NAACP: Established national nonprofit with similar advocacy, network model, and focus on African American advancement across economic, social, and civic dimensions. Operates at much larger scale than NBBSC but with overlapping community-driven mission.
• National Urban League: A larger, established civil rights and economic empowerment organization with a national footprint and broader programmatic scope (workforce, housing, education). Comparable to NBBSC's economic development and minority business support mission at greater scale.
• Minority Business Development Agency (MBDA): Federal US agency dedicated to minority business growth through capital access, contracting, and technical assistance. Functions as the public-sector counterpoint to NBBSC's private nonprofit minority business support model, often partnering with or funding similar organizations.
• National Minority Supplier Development Council (NMSDC): Larger established nonprofit focused on minority business development and corporate supplier diversity. Comparable to NBBSC's minority business support function, though positioned primarily for growth-stage MBEs rather than micro-enterprises.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/national-black-business-support-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Black Business Support Corporation