The Progress-Index
PETERSBURG – A Richmond-based nonprofit for growing women and minority-owned businesses is eyeing expansion into Petersburg. Metropolitan Business league is planning a new innovation center to help small entrepreneurs and area students.
MBL's Petersburg expansion, City Point Innovation Center, will be a space where new and young entrepreneurs can get business trainings and working space.
The membership-based nonprofit already has 500 businesses members throughout Virginia. Eighty percent of those are women and minority-owned while a further 20% are corporate firms like Dominion Energy, Altria and Truist Bank.
President and CEO Floyd E. Miller II was recently honored by Richmond History Makers for MBL’s work helping small businesses through the pandemic. It supported 150 small businesses that were affected by COVID-19 with small business grants. MBL was also one of two organizations given the Neighborhood Builder’s Award by Bank of America in 2021.