Building Stronger Businesses Through Strategy, Relationships, and Data-Driven Insights
- Kino Smith
- Jan 23
- 2 min read
Updated: Jan 23
At Social Solace, we understand that businesses don’t just need capital—they need strategic partnerships, financial expertise, and data-driven insights to thrive. For over 20 years, we have worked alongside CDFIs, business training centers, banks, and incubators to provide tailored business consulting and technical assistance that drives sustainable economic growth.
Proven Success Across Industries
We’ve worked with major corporations like Pepsi, McDonald’s, Costco, and Sony, while also empowering small businesses, nonprofits, and faith-based organizations to create lasting impact. Our collaborations include:
Local Enterprises: Supporting clinics, pharmacies, grocery stores, retail shops, and restaurants.
Community Development Corporations (CDCs): Providing technical assistance for economic revitalization, such as with Central Detroit Christian and Emerge CDC.
Faith-Based Initiatives: Training over 300 entrepreneurs through the E.A.C.H. Coalition and partnering with Michigan’s largest church, Woodside Bible Church, to drive economic development.
Public-Sector Growth: Working with 6,000+ mayors through the World Conference of Mayors and supporting 500+ cities and townships through the Michigan Municipal League.
Financial Institutions & CDFIs: Partnering with JPMorgan Chase, Fifth Third Bank, and Flagstar Bank for CRA conferences and business training.
Our Spending With Purpose initiative, highlighted by CBS and Fox News, has launched over 30 businesses in underserved communities and trained hundreds of entrepreneurs, creating a self-sustaining cycle of wealth recirculation.
Four Key Areas Where We Drive Impact
At Social Solace, we help businesses gain the resources and knowledge they need to scale, sustain, and succeed. Our work focuses on:
1. Research & Evaluation
Conduct tailored business assessments to predict market absorption and demand.
Align strategies with emerging market trends.
Help businesses navigate key decisions, from staffing to financial planning and marketing.
2. Leveraging Social Capital
Build trusted networks that expand opportunities.
Connect entrepreneurs with stakeholders, investors, and industry leaders.
Develop scalable referral partnerships that drive long-term sustainability.
3. Financial Management
Provide training in budgeting, forecasting, and resource allocation.
Help businesses structure their finances for long-term stability and scalable growth.
Leverage 20+ years of executive banking and finance expertise to guide entrepreneurs.
4. Data-Driven Technology & Development
Equip businesses with AI, automation, and real-time dashboards to improve efficiency.
Train entrepreneurs in e-learning platforms and digital workflow automation.
Keep businesses ahead of market shifts with cutting-edge technological strategies.
Why Partner With Social Solace?
We are not just another consulting firm—we are partners in progress. Whether you're a CDFI, business incubator, or financial institution, we tailor solutions that increase the capacity of small businesses, ensuring that communities grow stronger, more resilient, and more self-sufficient.
By working together, we create an ecosystem where businesses are equipped with the tools they need to thrive—leading to stronger local economies, more jobs, and sustained financial stability.
Get in Touch
Interested in partnering with us or referring businesses that could benefit from our expertise? Let’s discuss how we can collaborate to create lasting impact.
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