Minority-Owned NYC Small Businesses Graduate From JPMorgan Chase’s Small Biz Program

March 22, 2024

On a vibrant Friday, March 22, 2024, the halls of the Chase Harlem Community Center Branch resonated with applause and celebration.

As over 40 minority-owned small businesses, hailing from various corners of New York City and Harlem, marked a significant milestone: their graduation from JPMorgan Chase’s transformative “Coaching for Impact” program.

Designed as a comprehensive four-month journey, the program serves as a beacon of support for budding entrepreneurs, offering a robust framework of business development assistance, technical guidance, invaluable networking avenues, and crucial access to capital resources. This holistic approach not only nurtures the growth of these enterprises but also fosters a conducive environment for the creation of generational wealth within communities of color.

At its core, the initiative represents JPMorgan Chase’s steadfast commitment to bridging the racial wealth divide. By equipping diverse-owned small businesses with the necessary tools and resources, the program catalyzes economic empowerment and prosperity. Through initiatives like “Coaching for Impact,” the financial giant is actively engaged in dismantling systemic barriers and creating equitable opportunities for all.


During the graduation ceremony, participants had the opportunity to reflect on their journey, sharing insights into the challenges they’ve encountered and their ambitious growth plans. The presence of JPMorgan Chase’s small business consultants underscored the bank’s hands-on approach, providing tailored guidance and unwavering support to entrepreneurs navigating the intricate landscape of business ownership.

Among the graduates, a diverse array of small businesses stood proud, representing the rich tapestry of New York City’s entrepreneurial spirit. From beloved local eateries to burgeoning beauty brands and artisanal home goods creators, each participant brought their unique vision and passion to the forefront, showcasing the vibrant mosaic of innovation thriving within the city’s vibrant streets.

As the applause echoed through the halls of the Chase Harlem Community Center Branch, it served as a poignant reminder of the transformative power of community, collaboration, and unwavering determination. Through initiatives like “Coaching for Impact,” JPMorgan Chase continues to champion the aspirations of entrepreneurs, paving the way for a more inclusive and prosperous future for all.

Photo credit: Chase Bank.



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