One of the many lessons we've learned from dealing with the lasting impacts of the COVID-19 Pandemic is that running a business is tough.

According to data available from the SBA, nearly 1 million businesses closed in 2020 during the pandemic., which highlights the fact that opening and running a business is tough work.

For those who have a business or are looking to start one up, there's another new resource for you to check out and they may be able to help you.

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The Exchange at Beverly Gray opened a new coworking space and has been offering support to existing business owners, along with those who are seeking to start the entrepreneurial journey, since they opened their doors in 2022.

The new IGNITE Labs site was created from a partnership with The Exchange, the WNY Incubator Network at UB, and offers space for business owners and entrepreneurs who had been historically underrepresented in Western New York working space and offices to start and grow their businesses. This incubator is one of 12 that are located in Western New York.

The Exchange at Beverly Gray offers business support services like workshops, networking events, and referrals to find working capital in an effort to help businesses improve their performance.

There are a handful of workshops taking place this month that include; The Business of Food, a Pull Up and Pitch workshop where a local winner, will win a handful of prizes to start up their business, as well as a Black Business Block Party and a Black Business Month 2nd Annual Celebration.

The Exchange is a great opportunity for new and current business owners to learn more in the entrepreneurial space and celebrate National Black Business Month.

The Exchange office is located at 334 East Utica Street in Buffalo's Kingsley neighborhood.

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