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Lenovo Evolves Small Businesses

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Lenovo has relaunched its Evolve Small initiative to support small businesses in North America, particularly minority and woman-owned enterprises. Following its successful launch last summer, the program has allocated over $1,000,000 in grants and technology donations. Lenovo, alongside partners Microsoft and AMD, aims to provide mentorship and technological resources to help these businesses thrive amid economic challenges. Submissions for Evolve Small will open on October 13, 2022, allowing businesses to benefit from tailored support.

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  • Over $1,000,000 in grants and technology donations provided to small businesses.
  • Focus on supporting minority and woman-owned businesses.
  • Partnerships with Microsoft and AMD to enhance support for small businesses.
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RALEIGH, N.C.--(BUSINESS WIRE)-- Today, Lenovo announced the new iteration of Evolve Small – an initiative built to champion and promote small businesses across North America by providing financial aid, technological resources, community support, and business mentorship. Launched last summer, the inaugural Evolve Small program provided more than $1,000,000 worth of small business grants and technology donations to minority-owned businesses across the U.S. and Canada. Acknowledging the hardships small businesses continue to face amid the current economic landscape, Evolve Small will build upon last year’s success with a primary focus on minority and woman-owned businesses – all in an effort to spotlight local gems and encourage consumers and tourists to “visit and shop small.”

“Small businesses continue to face tremendous challenges,” said Gerald Youngblood, Chief Marketing Officer, Lenovo North America. “Lenovo recognizes the pivotal role these businesses play in the vitality of their local economies, and the needs they fill in the communities they serve. Through Evolve Small we can amplify our contributions to small businesses by providing the level of support they need to not just stay afloat – but ultimately thrive.”

As part of the initiative, Lenovo, in partnership with Microsoft and AMD, will continue to fund grants, technology upgrades, and mentorship opportunities to small businesses throughout the US and Canada. Select small businesses will have the opportunity to partner with a high-profile celebrity. They can leverage custom marketing materials and mentorship from the celebrity partner and Lenovo Evolve Small Ambassadors. These small businesses will receive the technological support needed to implement systems and processes that allow them to elevate their day-to-day business operations.

Lenovo is also partnering with entrepreneurship and community building non-profit Goodie Nation to further reach and support small businesses with additional grants. “We are excited to work with Lenovo and the Evolve Small initiative," said Joey Womack, CEO and Founder of Goodie Nation. "At Goodie Nation, we are committed to helping diverse founders close the relationship gap that often exists for minority and women entrepreneurs for gaining access to capital, mentorship, sales acceleration and community." Submissions for Evolve Small will be accepted beginning October 13, 2022, at www.Lenovo.com/EvolveSmall.

Learn how Lenovo has been supporting small businesses and keep up to date on the Evolve Small efforts, resources, and technology solutions at Lenovo.com/EvolveSmall. Visit LenovoFoundation.com to learn more about Lenovo’s global philanthropic efforts to empower underrepresented populations with access to technology and education.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US $70 billion revenue global technology powerhouse, ranked #171 in the Fortune Global 500, employing 75,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver smarter technology for all, Lenovo has built on its success as the world’s leading PC player by expanding into new growth areas of infrastructure, mobile, solutions and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and sustainable digital society for everyone, everywhere. To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

Lisa Marie Ferrell, Lenovo

lferrell1@lenovo.com

Ph: +1 (919) 805-1919

Source: Lenovo

FAQ

What is the Evolve Small initiative by Lenovo?

Evolve Small is Lenovo's initiative aimed at supporting small businesses in North America through grants, technology, and mentorship.

When will applications for Evolve Small open?

Applications for the Evolve Small initiative will open on October 13, 2022.

How much funding has Lenovo allocated for small businesses?

Lenovo has allocated over $1,000,000 in grants and technology donations to support small businesses.

What types of businesses are prioritized in the Evolve Small program?

The Evolve Small program prioritizes minority and woman-owned businesses.

Who are the partners involved in the Evolve Small initiative?

Lenovo's partners in the Evolve Small initiative include Microsoft and AMD.

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