ABEP x Fetch PARTNERSHIP

News Provided By
ASSOCIATION FOR BLACK ECONOMIC POWER
November 05, 2025, 14:36 GMT

ABEP’s new collaboration will co-develop a scholarship initiative for a February 2026 cohort

ABEP and Fetch Strategies are developing Minnesota business ownership scholarships to help aspiring entrepreneurs purchase and grow existing small businesses. The initiative is designed to preserve local business legacies, protect jobs and expand Black economic power through community ownership.

MINNEAPOLIS, MN, UNITED STATES, November 5, 2025 /EINPresswire.com/ — An historic great wealth transfer is underway as baby boomer business owners retire—creating a powerful opportunity to build Black economic power through intergenerational wealth, job preservation, and local ownership. To meet this moment, the Association for Black Economic Power (ABEP) and Fetch Strategies are collaborating on a Minnesota-focused initiative that helps aspiring entrepreneurs purchase and grow existing small businesses, preserving the legacy of local owners while keeping community anchors thriving.

ABEP and Fetch will co-develop a scholarship initiative to expand access to a rigorous, cohort-based pathway to business ownership for Minnesota-based entrepreneurs (known as “searchers”). With sponsor and donor participation, the partners are seeking to fund at least three scholarships in the first year for Minnesotan searchers for Fetch’s February 2026 cohort, called the Entrepreneurship through Acquisition Hub.

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