Through direct consulting as well as partnerships with our broader business ecosystem of corporate partners, capital providers, educational institutions, and nonprofits, we help entrepreneurs scale, grow, and thrive. As part of BCG Spark, businesses accelerate growth, create jobs, and drive community development through positive economic impact and wealth creation.
How We Work with Entrepreneurs and Their Communities
BCG Spark is built on a simple idea: connecting our staff and experts with a diverse group of innovative entrepreneurs will help them fulfill their companies’ promise – and support our local communities to thrive. Over the course of several months, we help participants zero in on core business opportunities and challenges, accelerate their companies’ growth, and deepen their impact; we then activate an ecosystem of corporate partners, capital providers, educational institutions, and nonprofits that help companies sustain their growth over the long term.
For each project, BCG Spark works with the business owner to deliver a variety of benefits, including consulting support, access to BCG’s experts and partners, one-on-one business coaching, leadership advice, and panel sessions on topics such as sales, marketing and operations. This is furthered by our extensive network of ecosystem partners with expertise in small/medium businesses who provide access to additional expertise, capital, customers, and markets to help fuel growth.
Five Categories of Support For BCG Spark
- Traditional Consulting. BCG Spark brings direct pro bono consulting support to entrepreneurs from underrepresented backgrounds, working across the US with the help of more than 400 BCG volunteers across nearly 20 offices.
- Supplier Diversity Initiatives. BCG Spark partners closely with our supplier diversity and procurement teams to ensure entrepreneurs are building the right foundation to potentially become valued suppliers for BCG and for our clients.
- Mentorship. BCG Spark also fosters a culture of mentorship within BCG, offering advice to founders as well as those interested in engaging more with the entrepreneurship ecosystem.
- General Education and Networking. BCG Spark builds educational tools and playbooks aimed at helping entrepreneurs succeed, and it shares best practices in lectures at business schools and with other corporate and nonprofit partners. We also provide a community and network for participating Spark companies, allowing them to trade insights and connect with our partners.
Our Impact and Work with Minority-Owned Businesses and Their Communities
Since the start of the program in 2016, BCG Spark has supported over 175 companies—and counting. The program has worked with businesses that have raised more than $400 million in funding and generated over $100 million in additional revenue, leading to thousands of jobs created.
Learn More About the Companies Supported by BCG Spark
Meet Our BCG Spark Leaders
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<b>Managing Director, Ariel Alternatives</b><br/>BCG Boston, 2013-2022; current BCG Senior Advisor
Lorenna Buck
BCG Boston, 2013-2022; current BCG Senior Advisor