Black Entrepreneur Initiative

With your support, we can reach our goal of empowering 100,000 Black entrepreneurs with free access to the knowledge, tools and support they need

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The Lonely Entrepreneur is a non-profit 501(c)3 organization. Contributions will be used in its discretion for charitable purposes and are tax deductible to the extent allowed by law. Our tax identification number is 82-5384709.

Terms

Donation Acceptance
1.1. The TLE Foundation accepts donations with the understanding that they are made voluntarily and without any expectation of receiving goods, services, or benefits in return.
1.2. We reserve the right to decline any donation if it is deemed inconsistent with our mission, values, or ethical guidelines.

Donation Processing
2.1. Donations can be made through our designated online platforms or by other methods as specified by the Foundation.
2.2. By donating, you confirm that the funds used for the donation are legally yours, and you have the necessary authorization to make the donation.
2.3. The TLE Foundation will make reasonable efforts to ensure the security of your personal and financial information during the donation process. However, we cannot guarantee the absolute security of such information.

Tax Deductibility
3.1. The TLE Foundation is a registered 501(c)(3) nonprofit organization. Donations may be tax-deductible according to applicable laws and regulations. Please consult a tax advisor to determine the extent of tax deductibility based on your specific circumstances.
3.2. We will provide a donation receipt for contributions made, subject to applicable legal requirements. It is your responsibility to provide accurate and up-to-date contact information to receive the receipt.

Donor Privacy
4.1. The TLE Foundation is committed to protecting your privacy. Any personal information collected during the donation process will be handled in accordance with our Privacy Policy.
4.2. We may publicly acknowledge donors unless you explicitly request anonymity in writing. If you choose to remain anonymous, we will respect your wishes to the best of our ability, subject to legal requirements.

Use of Donations
5.1. The TLE Foundation will use donated funds in a manner consistent with its mission and goals.
5.2. While we strive to honor donor preferences, we retain the right to allocate donations at our discretion to ensure the most effective use of funds towards our charitable purposes.

Refunds
6.1. All donations made to the TLE Foundation are considered final and non-refundable.
6.2. In exceptional circumstances, if a refund is required due to an error or technical issue, please contact us within 7 days of the donation with relevant details for our review and consideration.

Amendments to Terms
7.1. The TLE Foundation reserves the right to modify these Terms at any time without prior notice.
7.2. By continuing to donate after the Terms have been modified, you accept the updated Terms and agree to be bound by them.

Governing Law
8.1. These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which the TLE Foundation is registered.
8.2. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts in the aforementioned jurisdiction.

Adopt an Entrepreneur
9.1. The term "Adopt an Entrepreneur" used by the TLE Foundation has no connotations of adoption or personal responsibility, but rather serves as another term for sponsorship or support provided to an entrepreneur.
9.2. By participating in the "Adopt an Entrepreneur" program, you understand that your support is intended to provide entrepreneurs with access to resources, mentorship, and opportunities to enhance their skills and excel in their endeavors.
9.3. The TLE Foundation does not establish a legal or parental relationship between the donor and the entrepreneur. The term "Adopt an Entrepreneur" is solely for marketing and symbolic purposes, highlighting the donor's contribution to the success of entrepreneurs.
9.4. The TLE Foundation retains the right to modify or discontinue the "Adopt an Entrepreneur" program at its discretion, without any impact on the donor's original contribution or commitment to supporting the Foundation's mission.

For our full Terms & Conditions, click here.

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Donation Total: $250 One Time

Barriers Facing Black Entrepreneurs

Black entrepreneurs have faced systemic barriers that have limited their access to business resources, capital, and networks.

0 %

of US small businesses are Black-owned

0 %

of all SBA loans go to Black-owned small businesses

0 %

of venture capital funds went to Back and Hispanic founders

As
Professor Darrick Hamilton,
founding director of the Institute
for the Study of Race, Stratification,
and Political Economy at The
New School, said in a national
town hall on equality in America:

“We need to stop exploiting, extracting and managing economically vulnerable people, but rather give them the resources so they can be self-determining and achieve the goals they define for themselves and be empowered.”

Professor
Darrick Hamilton

How We Empower Black Entrepreneurs

With your support, Black entrepreneurs receive free access to the Learning Community – a one-stop-shop for the knowledge, tools, ongoing support and capital they need to start or grow a business.

Black Entrepreneurs Impacted
19,132 of 100,000

The Learning Community addresses the issues all entrepreneurs face and the issues Black entrepreneurs face:

Developed and supported by Black ambassadors – community leaders, educators and church leaders passionate about helping Black entrepreneurs
Access to over 150 financing sources for Black entrepreneurs

Learn more about the Learning Community

Hear From Our Entrepreneurs

Black entrepreneurs across the world use the Learning Community to turn their passion into success.

SHELBY PATRICE

Budget University

“I wish I found the TLE Learning Community a year ago. Budget University is now a one stop shop for financial literacy. An online platform that educates people about saving money, tracking spending, and how to pursue financial goals.”

EBONY BECKFORD

Fin Lit Kids

Guided by the notion that early financial education is a key component of achieving financial independence. Empowering adults to teach kids how to manage money early.

DEMARKUS WHEELER

Entrepreneur, Race Car Driver and Chef

“I started off on the wrong side of the tracks. I come from a different culture. But I learned the business. I moved up in levels in that to cooking for the Mayor, for the Governor. We really took off. Thanks to [TLE], the world is open now. Everybody’s got a fair chance of making it.”

"All of us have potential. But so many of the underserved lack opportunity, and in many ways entrepreneurship is where potential can meet opportunity. The Lonely Entrepreneur - through its Black Entrepreneur Initiative - has created a program that provides so many entrepreneurs with that opportunity to not only create a business but to live a more fulfilling life. As one of the global experts in DEI in sports, entertainment, and retail, I highly encourage you to take advantage of the opportunity that The Lonely Entrepreneur is providing to have a real impact on our communities."

— JARVIS SAM

TLE Ambassador - Former Global Head of DEI – Nike

Unlocking the Power of the Black Entrepreneur

Black Entrepreneur Initiative Programs

Richard Petty Motersports

Richard Petty supported 4,300 Black entrepreneurs and draped Richard Petty's famous #43 with TLE and BEI branding as a primary sponsorship partner in the NASCAR Cup Series.

Watch Video

Champion Black Businesses

As part of its Champioin Black Business program, ESPN, the NBA, Shark Tank and Andscape partnered with TLE to empower Black entrepreneurs. The program won the Best Diversity Program of 2022.

Scholar to Entrepreneur

Discover Financial provided black scholars aspiring to be entrepreneurs from non-profit Chicago Scholars providing them with free access to the Lonely Entrepreneur Learning Community.

Our Black Entrepreneur Partners

Many business owners have limitless potential, but many more lack access to the training and capital to turn their passion into success. With your support and our platform, we can provide vital resources to turn their potential into success.

Donate to the Black Entrepreneur Initiative

Give an entrepreneur of your choice the tools they need to succeed.

$4,000 Raised so far $10,000 Our Goal

AMOUNT TO DONATE

For each $250, we provide the Learning Community for 1 year to one specific entrepreneur of your choice OR one entrepreneur from a community of your choice (e.g. Black, Military, LGBTQ+). ($250 = 1 entrepreneur, $1,000 = 4 entrepreneurs, $2500 = 10 entrepreneurs). Donations of $500+ receive e copy of The Lonely Entrepreneur book.