Bank of America to Sponsor Membership Drives, Contribute $25,000 For MDBBA

The Metro-Detroit Black Business Alliance (MDBBA) is partnering with Bank of America (BofA) to launch a series of membership events for business owners. Powered by a $25,000 sponsorship from BofA, funds will be used to cover 50% of the membership cost for Black businesses who aren’t current MDBBA members. The membership drive will run from January 13 – February 24, 2022. 

 

MDBBA currently has over 200 members and hopes to add 100 new members at the conclusion of the membership drive. MDBBA, started in March 2021, continues to provide strategic programming and timely resources to its members. With its sponsorship for new members, BofA seeks to help Black businesses be connected to the opportunities and resources provided by MDBBA.  

 

“We recognize the essential role black businesses play in benefiting our Detroit community,” said Matt Elliott, President, Bank of America Michigan. “Partnering with the Metro-Detroit Black Business Alliance to support the recruitment of new members is a great example of Bank of America’s commitment to advance racial equality and economic opportunity.”  

 

The membership drive will begin with a virtual happy hour kick-off on Thursday, January 13. Guests will have an opportunity to meet MDBBA members, learn about the Alliance and become members. Additional virtual membership recruitment events will be held each Thursday until February 24. To receive the membership discount, business owners must attend one of the virtual sessions. 

 

“We are grateful for companies such as Bank of America who acknowledge the importance of the MDBBA and want to assist in helping others be a part of our organization,” said Charity Dean, President/CEO of MDBBA. “If you aren’t a member, now is the time to join. Take advantage not only of the special discount, but the other programming and services we offer our members.” 

 

In its inaugural year MDBBA has opened a Black Business Resource Center; launched the Hasting Street Index, a Black business directory with over 1,000 listings of businesses for Wayne, Oakland and Macomb Counties; launched its inaugural Capital Connect program, which has prepared and connected Black entrepreneurs to funding; and provided assistance to Black businesses who needed to access PPP funding.  

 

For more details on membership and the membership recruitment events, please visit mdbba.com.  

 

 

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