LZ - LegalZoom Expands Largest Grant Program To-Date to Deploy $3 Million to Small Business Owners as Part of Fast Break for Small Business Program With the NBA | Benzinga
MOUNTAIN VIEW, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced that applications are open for the last round of the annual Fast Break for Small Business grant program in partnership with the NBA, WNBA and NBA G-League. This season will mark the program's largest grant cohort to date with a campaign to give away $3 million in grants and services focused on assisting small business owners and emerging entrepreneurs with the necessary capital, tools, and expertise they need to start, run and grow their small business. LegalZoom will be dedicating $1,500,000 in financial grants to 150 existing small business owners and $1,500,000 in products and services to 3,000 emerging entrepreneurs that need help getting their business started.
While small businesses have shown remarkable resilience to inflation, bank failures, and broader volatility, programs like Fast Break for Small Business will provide additional financial and educational support that drives economic and job growth in local communities.
"We want to make it less intimidating for small businesses to get started," said Dan Wernikoff, CEO of LegalZoom. "Small business owners have faced unprecedented challenges over the past few years. It's ...