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Legalzoom And L.A. Sparks Launch Multi-Year Partnership to Support Small Businesses
By Sentinel Staff and Wire Report
Published May 11, 2022

LegalZoom & Sparks Partner to Empower and Uplift Women Entrepreneurs

Sparks forward Nneka Ogwumike (30) finished with 17 points, seven rebounds and four assists and made the go-ahead game winning basket with 0.1 remaining to give Los Angeles the 66-64 win over the Atlanta Dream on Thursday, August 19 at the Staples Center (Courtesy photo)

The Los Angeles Sparks and LegalZoom.com, Inc. (NASDAQ: LZ), a company that provides online business formation along with legal, compliance, and tax solutions, announced Tuesday a multi-year partnership that will help empower, celebrate and uplift women-led small businesses.

LegalZoom’s first-ever professional sports team partnership with the Sparks helps launch the second round of LegalZoom’s Fast Break For Small Business; a grant program focused on addressing disparities faced by women and LGBTQ+ business owners providing $6 million in grants and LegalZoom services to thousands of small businesses across the country.

LegalZoom has also partnered with Sparks All-Star forward Nneka Ogwumike to help celebrate women’s achievements on and off the court.

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The two organizations will launch, Small Business Champions, a local campaign in June where LegalZoom will empower a year-round campaign that highlights the Southern California small business community, creating an uplifting platform for entrepreneurs and celebrating women-led businesses.

As part of Small Business Champions, LegalZoom will provide free products, legal services, and education to entrepreneurs throughout the season to help them start, grow and operate their small business. The Sparks will amplify these efforts through storytelling and recognizing these businesses at Cyrpto.com Arena with a pre-game reception and on-court showcase.

When applying, business owners will need their most recent tax returns and bank statements along with a completed W9 and ACH forms for their business bank account.

“We’re excited to partner with LegalZoom to help support small businesses in the Los Angeles community,” Sparks Managing Partner Eric Holoman said. “This program will recognize and uplift women, BIPOC and LGTBQ+ entrepreneurs, and enhance our community pillar of women’s empowerment.”

LegalZoom will be giving 50 grants of $10,000; the company will also provide 1000 businesses with one of their products and services. Businesses could get services like LLC, annual reports, copyright, and trademarks.

“We couldn’t be more excited that our first professional sports partnership is with the WNBA’s LA Sparks. Working with a team that is dedicated to supporting their community and women-led small businesses right here in our backyard is an honor,” said John Buchanan, CMO, LegalZoom. “LegalZoom is dedicated to providing small businesses in underserved communities access to products and services that make starting and running a business easier, and through Small Business Champions we get to do just that with our hometown WNBA team.”

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Applications for the second round of Fast Break for Small Business grants open today through May 27, 2022. Learn more at https://www.legalzoom.com/fastbreakforsmallbusiness.

 

Categories: Basketball | Business | News (Business) | Sports
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