A business incubator focused on assisting minority entrepreneurs in the communities of Watts, Willowbrook, Compton, Carson, and South Los Angeles has been named the Quarles Business Opportunity Center, after Charles Quarles, the prominent Los Angeles entrepreneur who built it.
The Quarles Business Opportunity Center—which recently celebrated its grand opening— will be home to Entrepreneur Educational Center, Inc.’s free Miracle’s Entrepreneur Programs, designed for beginning or struggling businessmen and women in need of a business plan that will prepare them for post- pandemic progress.
In accepting the recognition Quarles shared his belief in the project and his relationship with EECI’s Executive Director, Barbara J. Stanton whose decades-long background in championing economic development projects and programs in Watts and surrounding communities is well known.
“I’m incredibly grateful for the honor bestowed in memory of my sisters Priscilla and Carol by naming the business incubator after the Quarles family. Barbara, who has a tremendous passion for the youth, that I’ve observed over the years, is continuing in that way,” Quarles said. “I wish her the best and believe because of her passion the Quarles Business Opportunity Center will become a great success,” he concluded.
The Grand Opening was also an opportunity for students to enroll for MEP’s 2021 class. Upon completion of the sponsored supported 3-month course, graduates receive complimentary Doing-Business-As (DBA) registration for their startups, or EECI will incorporate their Nonprofit Agencies with the State of California. Other benefits include workspace, mentor expertise, access to investors, and in some cases, working capital in the form of a loan.
Erected in 1971 the 3,000 square foot building was once the field office of Congresswoman Maxine Waters. It is distinguished as being the first of many built by Quarles’ who has established a reputation for his rock-solid business acumen and a comprehensive expertise in developing successful urban infill communities that bring services, jobs, and affordable housing to the underserved.
“His body of work and compassion for the underserved make Mr. Quarles a perfect role model for black and brown students who will utilize QBOC’s services,” said Stanton. “Mr. Quarles’ amazing entrepreneurial spirit is what EECI, and Miracle’s programs are looking to unlock in others who feel they have the potential to plant and then grow the seed of a business that will benefit them, their family, and most of all their community.”