The NBA works with LegalZoom to help small business owners.
LegalZoom is an online technology platform for legal and compliance services.
“Our partnership with LegalZoom is a significant expansion of our commitment to increasing economic opportunities for historically marginalized communities, ”said NBA Commissioner Adam Silver on NBA.com.
“Together we will provide meaningful resources to entrepreneurs and address many of the challenges that minority-owned small businesses face directly.”
The partnership, titled Fast Break for Small Business, will provide small business owners with $ 6 million in grants and LegalZoom services.
“Our mission at LegalZoom is to democratize the law in a way that helps all small business owners thrive,” said Dan Wernikoff, CEO of LegalZoom.
“Our commitment to promoting social equality and economic integration fits perfectly with the values of the NBA, WNBA and NBA G League. The ‘Fast Break for Small Business’ program accelerates our ability to support both new and existing small businesses while reducing endemic inequalities in financial and legal systems. “
This partnership is just one example of the NBA’s recent commitment to empowering communities in the United States.