NYPACE, a leading organization dedicated to empowering under-resourced entrepreneurs, is proud to announce the release of its 2024 Impact Report. This report marks the first year of progress under our three-year strategic plan, showcasing our commitment to connecting entrepreneurs with skilled professionals who help them overcome business challenges. Through our four programs, our entrepreneurs have made a tangible economic impact, collectively adding or retaining over 169 full-time equivalent jobs. Additionally, 70% of our participants reported an increase in revenue during their project or anticipated growth within a year of completing their engagement with NYPACE.

A key highlight of this year’s report is our new partnership with Verizon Small Business Digital Ready initiative, an exciting collaboration aimed at equipping entrepreneurs with the digital tools and expertise needed to grow their businesses. This partnership, along with our ongoing efforts, has enabled us to provide impactful support to a diverse range of entrepreneurs, strengthening communities and fostering economic resilience.

The report also features inspiring success stories, including that of Carlos Williams, founder of DBC, who played a crucial role in designing the very report that shares our collective impact. We are deeply grateful for DBC’s contributions and for the many entrepreneurs whose dedication and innovation fuel our mission. As we continue to advance our strategic goals, we remain committed to expanding our reach, forging meaningful partnerships, and ensuring that every entrepreneur has the resources they need to succeed.

For more information and to access the full report, visit https://nypace.org/.