The NBA is partnering with LegalZoom to support small business owners.
LegalZoom is an online technology platform for legal and compliance services.
“Our partnership with LegalZoom is a significant extension of our commitment to increasing economic opportunities for historically marginalized communities,” said NBA Commissioner Adam Silver, via NBA.com.
“Together we will bring meaningful resources to entrepreneurs and directly address many of the challenges facing minority-owned small businesses.”
The partnership, titled “Fast Break for Small Business,” will provide $6 million in grants and LegalZoom services to small business owners.
“Our mission at LegalZoom is to democratize law in ways that help all small business owners thrive,” said Dan Wernikoff, CEO of LegalZoom.
“Our commitment to promote social equality and economic inclusion align 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 the endemic inequalities in the financial and legal systems.”
This partnership is just one example of the NBA’s recent commitment to empowering communities across the United States.