About LegalZoomLegalZoom is the leading brand in online business creation by small business owners and is a leading online platform for legal and compliance solutions in the United States. With its mission to democratize the law, LegalZoom operates in all 50 states and more than 3,000 counties across the United States and has more than 20 years of experience navigating complex regulations and simplifying the legal and compliance process for its clients. Driven by its core value that every business deserves the full protection of the legal system and an easy way to comply with it, LegalZoom helps clients create and protect their businesses, ideas, and families. In 2020, 10% of all new LLCs and 5% of all new businesses in the U.S. were created through LegalZoom, allowing small business owners to put their energy and passion to work on their businesses, rather than the legal and regulatory complexity required to operate. In addition to starting a business, LegalZoom provides ongoing compliance and tax advice, trademark and copyright filings, and estate planning documents to protect small businesses and the families they are starting. About the NBAa NBA is a global sports and media company founded on four professional sports leagues: the National Basketball Association, the Women`s National Basketball Association, the NBA G League and the NBA 2K League. The NBA has also partnered with the International Basketball Federation (FIBA) in the Basketball Africa League (BAL), a new professional league of the top 12 club teams from across Africa. The NBA has established a large international presence with games and programs available in 215 countries and territories in more than 50 languages, and merchandise for sale in more than 200 countries and territories on seven continents. The NBA`s roster at the start of the 2021-22 season included a record 121 international players from 40 countries. NBA Digital`s assets include NBA TV, NBA.com, the NBA app and the NBA League Pass. The NBA has created one of the largest social media communities in the world, with 2.1 billion likes and followers worldwide across all league, team, and player platforms.
Through NBA Cares, the league tackles important social issues by partnering with internationally recognized youth organizations that support education, youth and family development, and health-related causes. After a random selection process, fellows are selected and verified by the Accion Opportunity Fund to ensure they meet the eligibility criteria. „We are thrilled to announce the first recipients of the Fast Break for Small Business grants with LegalZoom and continue the NBA family`s overall commitment to increasing economic opportunity for historically marginalized communities,” said Oris Stuart, NBA`s Director of Human Resources and Inclusion. The subsidies and services offered to these small businesses will make a crucial difference in addressing resource issues that are still far too common for underserved small business owners. 2,000 businesses receive $500 each year in LegalZoom services, divided into two rounds. The 100 fellows receive credit, another 1,900 companies receive credit. No, you must own a small business to qualify. Employees of small businesses are not eligible for this subsidy.
Applications for the first round of funding for the „Fast Break for Small Business” initiative are open here until 23 November 2021. Grants and services will be awarded twice a year for the next three years, with the first round of fellows announced in early 2022. 100 scholarships of $10,000 each will be awarded in two rounds: 50 in January 2022 and 50 for the WNBA season later in 2022. All applicants will be notified of the status of their application in January 2022, whether or not they have received a grant. LegalZoom, the NBA, WNBA, and NBA G League are committed to helping small business owners everywhere, especially those who face barriers because they are who they love or how they identify. Starting with NBA Tip-Off, the first of six funding rounds for this multi-year program will begin. Here`s how this first cycle will work: NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) — LegalZoom.com, Inc. (NASDAQ: LZ), No. 1 brand for small online start-ups and a leading online platform for legal, compliance and tax solutions, today announced that its 50 small businesses across the country will receive Fast Break for Small Business grants and LegalZoom services.