LGBTQ+ small businesses contribute $1.7 trillion to the American economy each year, according to a SCORE meta-analysis. In addition, the LGBTQ+ community holds an estimated purchasing power of $917 billion dollars in the U.S.
During Pride Month, SCORE, mentors to America’s small businesses and a resource partner of the U.S. Small Business Administration, is honoring the 1.4 million LGBTQ+ entrepreneurs throughout the country
"LGBTQ+ entrepreneurs play a vital role in the small business community," said SCORE CEO Bridget Weston. "We want the LGBTQ+ community to know we are here to provide them with the tools and resources they need to excel when starting or growing their business."
SCORE Supports LGBTQ+ Small Businesses
Sarah Scala, president and principal consultant of Sarah A. Scala Consulting in Watertown, Mass., has utilized SCORE as a resource since the inception of her business 10 years ago. While she had been out to friends and family for a number of years, she came out publicly in 2021 to support and provide leadership coaching services to LGBTQ+ clientele. As part of her journey, Scala explains: "I challenged myself each month to do something additional to promote that I provide LGBTQ+ services. It has not been easy. However, I feel confident about this choice as I am supported by peers, mentors, clients and my network." She is thankful for the continuous support of her mentors: "Each of my SCORE mentors has been exceptional with providing advice, support and a sounding ear."
SCORE client Gavin Escolar, owner of The Chaga Company in San Francisco, Calif., has found great success and support with his SCORE mentor, Pete Slosberg, over the years: "The Chaga Company loves SCORE. SCORE has given my business tools, focus, courage and persistence which results in business success. My SCORE mentor Pete Slosberg is GOLD. He is hands-on with the direction of the company and has been on our side throughout this entrepreneurial journey."
How SCORE Can Help