Verizon’s $5 Billion Commitment to Small Businesses: A Game-Changer for Entrepreneurs

Verizon is making a bold move to support small businesses across the U.S. with a $5 billion investment over the next five years. This initiative, known as the Small Business Supplier Accelerator, is designed to help small businesses—many of which are veteran-owned—gain access to corporate partnerships, financial resources, and digital tools to thrive in today’s economy.

What Is the Small Business Supplier Accelerator?

The program aims to create a pipeline for small businesses to work with Verizon and other large corporations. By offering faster payment terms, modified insurance requirements, and adjusted indemnification policies, Verizon is making it easier for small businesses to become suppliers and scale their operations.

Verizon Small Business Digital Ready: Grants and Training

In addition to the Supplier Accelerator, Verizon is expanding its Small Business Digital Ready program, which provides:

• Over 50 expert-led courses tailored for small business owners.

• 1:1 coaching from industry professionals.

• Networking opportunities to connect with other entrepreneurs.

• $10,000 grants for eligible businesses that complete two program resources before June 30, 2025.

  
  

Since 2021, Verizon has awarded $13.5 million in grants and supported nearly 500,000 small businesses, bringing them closer to their goal of helping one million businesses by 2030.

Why This Matters

Small businesses are the backbone of the American economy, and Verizon’s commitment ensures they have the financial, technological, and educational resources needed to succeed. By fostering innovation and resilience, this initiative is set to strengthen local communities and create more job opportunities.

For more details, check out Verizon’s official announcement here.

Would you like insights on how small businesses can maximize these opportunities?