Pride Month 2022: Block Advisors Kicks off New Microgrant Program for LGBTQ+ Small Business Owners
06 Juni 2022 - 2:30PM
This Pride Month, Block Advisors, a part of H&R
Block (NYSE: HRB), is starting a new initiative to support
LGBTQ+ small business owners. The company will award $5,000
microgrants to 10 LGBTQ+ small business owners over the next 12
months, with the first microgrant awarded in June 2022. Block
Advisors provides tax, payroll, and bookkeeping services to more
than 2 million small business owners.
“At Block Advisors, we take taxes off the hands of small
business owners so they can do more of what they love. And we
believe no small business owner should be discriminated against
because of who they love,” said Jamil Khan, chief
strategy and small business officer at H&R Block. “We stand
with our LGBTQ+ small business community as an advocate and ally,
and we’re proud to recognize these owners.”
According to a 2021 report by the National LGBT Chamber of
Commerce (NGLCC), there are an estimated 1.4 million LGBTQ+-owned
businesses in the U.S.1 This new initiative supports the company’s
commitment to support 500,000 small businesses by 2025.
Terrance Williams, Dallas-based owner of Terrance Williams
Designs and current Block Advisors client, will be the first small
business microgrant recipient. In announcing Terrance, we are
highlighting his eco-friendly, hand-made, genderless and size
inclusive clothing and accessories, and his commitment to his
community.
“The fact that I am able to have a brand that makes people of
all communities feel beautiful means a lot, but especially within
the LGBTQ+ community,” said Williams. “I wanted to create a safe
space where we are able to express ourselves and our identity with
clothing, while also feeling confident and beautiful.”
In addition to the $5,000 microgrant, each small business will
receive complimentary Block Advisors tax prep services in 2023 and
will have its small business profile amplified on H&R Block and
its Block Advisors content and social platforms.
1 America’s LGBT Economy. National LGBT Chamber of Commerce.
https://nglcc.org/report
About H&R Block
H&R Block, Inc. (NYSE: HRB) provides help and inspires
confidence in its clients and communities everywhere through global
tax preparation services, financial products, and small business
solutions. The company blends digital innovation with human
expertise and care as it helps people get the best outcome at tax
time and also be better with money using its mobile banking app,
Spruce. Through Block Advisors and Wave, the company
helps small-business owners thrive with innovative products like
Wave Money, a mobile-first, small-business bank account and
bookkeeping solution, that manages bookkeeping automatically. For
more information, visit H&R Block News or follow
@HRBlockNews on Twitter.
For Further Information:
Media Relations: Angela Davied, (816) 854-5798, angela.davied@hrblock.com
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