About Us

Synergy4WBO, Inc.

We are a mentoring and marketing community that help minorities, underprivileged, and women small business owners scale and grow their businesses with the right resources. Our community benefit by obtaining knowledge from experts in the same industry or similar line of business, to sustain market positions, grow their operations, and scale to their full potential.

We’re taking a bold stand to build a better tomorrow. Support small, minority and women-owned businesses.

20% of small businesses fail in the first year
20%
30% of small businesses fall in their second year
30%
50% of small businesses fall after five years in business
50%

According to a recent 2024 report by Small Business Trend Alliance (SBTA) and Senate’s Small Business Trends (SSBT), the top challenges faced by small business owners are:

Lack of Role Models and Mentors

Lack of Funding and Cash Flow


Lack of Marketing and Advertising

Running a small business is challenging enough. Being a minority or a women business owner adds additional hurdles, especially when it comes to securing capital, access to mentors or advisors, business development, networking, racism, and social injustice.

There have always been longstanding racial and gender disparities in business ownership. To top it off, the COVID pandemic has disproportionately devastated minority-owned and women-owned businesses.

Mission


To increase opportunities for people of color and women-owned small businesses. To provide a diverse and inclusive community that appreciates, emboldens and cultivates people of color and women-owned businesses. Hence changing the future!

Vision


See a future where minority and women small business owners in underserved communities can strengthen their knowledge, improve their marketing, gain access to capital and grow beyond their unimaginable potential. Thus, changing their future!

Who We Are?

Synergy4WBO, Inc., is a non-profit organization that is changing the future! By empowering people of color and women-owned small businesses to be equally profitable, sustainable, and successful compared to their non-minority counterparts.

What We Do?

We provide one-on-one mentoring, professional coaching, educational opportunities, marketing support, and access to funding to members of our community. Let Synergy4WBO, Inc., be your partner in scaling your business to new heights beyond what you’ve current achievements!

How We Will Achieve Our Goals

Funding
  • Strengthen relationships with financial institutions and CDFIs to provide access to capital.
  • Provide education on various funding options available in the market
  • Master your finances with expert guidance through individualized coaching, helping you manage and optimize your business finances effectively.
  • Create custom digital video asset for every mentee for business promotion purposes.
  • Facilitate networking events and selling within the community.
  • Promote member businesses on Synergy’s social media platforms.
  • Create a mentor-mentee match based on the area of expertise and need. This will be one on one mentoring sessions addressing specific growth needs.
  • Providing education and learning opportunities to learn from the SMEs and thought leaders in the industry.
  • Provide personal coaching services to address social and emotional challenges and to ensure maximum member benefit.

Executive Director

Our Executive Director, Dr. Kim R. Grimes have worked tirelessly for the enhancement of minority and woman business owners by forging long-standing relationships with minority and underserved communities. She has envisioned Synergy4WBO, Inc., with the sole purpose of encouraging small business owners to draw strength from our community by helping them to build sustainable and thriving businesses.

Dr. Kim R. Grimes
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