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Millionaire Mastermind Academy Awards Grants To Black Small Business Owners

The Millionaire Mastermind Academy is a national nonprofit organization addressing the barriers to economic mobility for systemically underserved minority entrepreneurs. It proudly announced that it will award $30,000 in grants to local Black-owned small business owners. Elevate Together® powered by Round It Up America® makes it possible to accelerate their growth and prosperity. The grants will support IMPACT AZ 2025, Arizona’s largest supplier diversity readiness program. They are an organization that aims to close the racial wealth gap for business owners.

“We are thrilled to partner with Elevate Together to offer grants to business owners within the Impact AZ Program, which is working to close the racial wealth gap through supplier diversity readiness technical assistance,” said Millionaire Mastermind Academy founder and CEO Dr. Velma Trayham.

Black- and Hispanic-owned small businesses

Elevate Together® was designed to help accelerate the creation, growth and prosperity of Black- and Hispanic-owned small businesses. It also aids the collaboration with the National Urban League’s Entrepreneurship Centers and the United States Hispanic Chamber of Commerce. As the founding corporate partner of this nonprofit initiative, The ODP Corporation proudly pledged an initial investment to help kickstart the program. The ODP is the parent company of Office Depot, ODP Business Solutions, Veyer and Varis. With support in several major markets, they can provide eligible small business owners with access to technical assistance programming, mentorship services, professional networks and more.

“We’re excited to collaborate with the Millionaire Mastermind Academy to provide cash grants and certified small business mentors to help them elevate their business,” said Sharu Goodwyn, Community Investment Manager for The ODP Corporation. “With support from our associates, customers, community partners and other like-minded businesses, we look forward to fostering additional opportunities for Black- and Hispanic-owned small business owners to innovate, grow and prosper.”

To learn more about Elevate Together®, visit

About Millionaire Mastermind Academy

The Millionaire Mastermind Academy is a leading 501(c)(3) nonprofit organization. They have a mission to educate and support the growth of minority business owners. In doing so, they hope to strengthen the economic impact in their community. We have supported over 8,000 women through technical assistance and economic empowerment programs.

For more information, please visit

Read more about supporting Black-owned businesses here.

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