SC nonprofit gets $2.5M to help minority and women-owned businesses

The Post & Courier

NORTH CHARLESTON — Hundreds of South Carolina’s minority-owned businesses are expected to benefit from millions of dollars being funneled through an economic development nonprofit.

The South Carolina Association for Community Economic Development has been awarded $2.5 million from the U.S. Small Business Administration’s Community Navigator Pilot Program to support companies owned by minorities, women and veterans.

The money will provide an impressive amount of support to disadvantaged entrepreneurs, helping them pivot toward prosperity, said Bernie Mazyck, president and CEO of SCACED.