The Better Black Business Initiative (B3I) is a Minnesota-based 501(c)(3) nonprofit organization and public charity (EIN: 33-3071623). We exist to empower underserved Black entrepreneurs by delivering high-impact training, personalized mentorship, and strategic support that fosters sustainable wealth and generational equity in Black communities.

B3I is committed to dismantling systemic barriers that hinder Black business ownership and growth. Through culturally responsive programming, including our I'm a BOSS Youth Business Camp and Lock-Up to Lift-Up, along with specialized workshops, curated networking events, and capital readiness resources, we equip entrepreneurs at every stage of development, from ideation to scale.

The I'm a BOSS Youth Business Camp introduces youth ages 12 to 18 to the fundamentals of entrepreneurship, financial literacy, and leadership development. It prepares the next generation of changemakers to pursue purpose-driven ventures with clarity and confidence.

Lock-Up to Lift-Up supports returning citizens through entrepreneurial education, mentorship, and life skills development. This initiative offers a clear path for formerly incarcerated individuals to rebuild their lives, support their families, and contribute meaningfully to their communities through business ownership.

Our mission is grounded in cooperative economics and community-driven progress. We believe that thriving Black-owned businesses not only generate income but also create quality jobs, reinvest in their neighborhoods, and transform the broader social and economic landscape.

Founded by LeBrent Speed, B3I is governed by a dedicated Board of Directors and led operationally by the Founder, who serves as Executive Director. Our structure ensures that no individual, including the Founder, holds any ownership in B3I or its assets. All contributions directly support programs and initiatives aligned with our charitable mission.

Better Black Business Initiative

Sponsorships for B3I