“Promoting Entrepreneurship: Creating Lasting Economic Development in Underserved Communities”
An article in the August 27, 2010 issue of The Huffington Post detailed Booz & Company’s long-running relationship with the Clinton Foundation and the New York University Stern School of Business in providing pro bono consulting services to small, mostly minority-owned business in disadvantaged parts of the New York City. “Small businesses are critical drivers of our economic recovery,” the magazine wrote. “They are the ones hiring a majority of people across the United States. Together, the Clinton Foundation with partners like Seedco Financial, Booz & Company, and Inc. magazine are working to help these small businesses preserve existing jobs, create new ones, and, in the process, empower entire communities.” The Booz & Company program, which former U.S. President Clinton has called a model he hopes to replicate in other parts of the U.S., has contributed thousands of hours to small business owners from flower shops to delis in the Harlem section of New York City.