Simplifying Business Innovation
Build with Heart To Transform Your Business Legacy
This Is For You
Our accelerator is designed to support founders who have been traditionally underrepresented in business or those who experience in gap in their knowledge to develop technology-enabled businesses for scaling.
We have created a 6-months pre-seed business accelerator with pathways to optimize your business through training, supports, mentorship and opportunities to become investment and procurement ready. This intensive program will guide you to high performance and scalability in the fast approaching digital economy.
Criteria
Must have an idea or operational business
Generating Recurring Revenue: $0-15k/month
Pre-seed company
At least 1 team member committed to timeline
A desire to build, grow and scale business
A coachable mindset
Timeline
Applications Open – March 2, 2021
Applications Close – March 23, 2021
Program Onboarding – April 7, 2021
Program Starts – April 13, 2021
Program Ends – September 24, 2021
Join Alumni Network – September 25, 2021
Skills You Learn
Design Thinking
Developing an Idea
Prototyping
Team Building
Fundraising
Publicity
Scaling
Building Client Loyalty
Pitching to Investors
Accessing Procurement Opportunities
Reporting and Evaluation
Innovation and Optimization
Building Trust in Community and Partnerships
Professional Business Leadership Mindset and Habits
NO MORE BUSINESS ROAD BLOCKS!
It’s like getting your MBA while building your own successful business. Our team of leaders will help you develop leadership and business competencies to build generational wealth through entrepreneurship. You will be supported every step of the way as you make your mark in the digital economy.
Program Specifics
Length: 6 months to transform your venture in a virtual learning environment.
Part 1 – Weekly training (two 90 minutes live instructor-led sessions per week).
Part 2 – Biweekly training (one 90 minutes live instructor-led session and one 90 minutes facilitated peer-to-peer session). In addition to being matched with an industry mentor.
In each part, you will connect with successful business leaders and likeminded peers to expand your network.
Part 1 – 12 weeks Business Fundamentals
Benefits:
- Build scalable startup
- Find customers
- Generate revenue
- Build a Brand
- Investment Ready
Part 2 – 12 weeks Business Operations and Expansion
Benefits
- Increase Revenue
- Optimize Operations
- Expand to new markets
- Access procurement opportunities
- Receive Funding
YOUR TIME IS VALUABLE
GET AHEAD IN HALF THE TIME
YOUR FEARLESS LEADERS
Chris-Beth Cowie
Andrew Bromfield
Ryan Knight
Shauna-Kay Jones
Patrick Lee
Doug Minter
E4X Accelerator Be
Qualify to pitch for cash and in-kind prizes
72 hours comprised of learning sessions, masterminds, and mentorship to help propel your venture
Networking with world class instructors
Tested program to help you build, grow and scale your business
Access to micro loans up to $25,000
Generate revenue and access funding
Optimize with infrastructure, innovation and technology
Pathways to investment, funding and procurements opportunities
Access to customized learning and supports
Gain recognition as Diverse Supplier
Develop a comprehensive Business Plan
Access our Business C.R.E.W (Capacity Resource Empowerment Workforce), comprised of experts in business planning, legal, funding, marketing, and accounting to take your business to the next level.
Access to exclusive network of entrepreneurs, investors and innovators
Access to Alumni benefits and perks beyond the program
Founders' Talk!
“With confidence I submitted my application for a granting opportunity. The Kareative Kollective and I, appreciate the process, the thought provoking critique and constructive concepts to improve its overall feel and possibility.” Osagyefo founder Kareative Interlude
“Being exposed to different ways of planning, presenting and communicating my ideas and vision has been invaluable. Especially because I found a sense of community by meeting strong, inspiring Black entrepreneurs who were teaching and supporting the whole cohort along the way. Capacity building, giving us the tools to build the skills and resilience is important for us as a Black community, especially as we move towards building economic resiliency and bring prosperity as entrepreneurs. These are the skills that I have been building through Empowered 4x.” Yamila Franco, founder of Nyoka Design Labs.
“There Bootcamp program was great! The guest speakers brought a lot of knowledge and insight into deeper topics needed for a successful business. It provided me with a deep dive into my business. Building a business is more than a fancy website or social media page. It’s knowing how to pull the necessary pieces together in order to create a bigger system that runs and operates independently without you so you are not working in your business but on it.” Shakira Rouse, founder of Special Compass.
Questions And Answers
The goals is to eliminate the intrinsic barriers and extrinsic barriers for BIPOC entrepreneurs due to systemic racism and discrimination.
The start date of the BUSINESS ACCELERATOR for the next cohort is April 13, 2021. Enrollment has begun, register today to save your spot!
Timeline
Applications Open – March 2, 2021
Applications Close – March 23, 2021
Program Onboarding – April 7, 2021
Program Starts – April 13, 2021
Program Ends – September 24, 2021
Join Alumni Network – September 25, 2021
Our guiding principles are as follows:
1. Openness and objectivity
2. Leading with spirit, integrity, and authenticity
3. Delivering competence
4. Empirical analysis
5. Respect for community and humanity
6. Economic empowerment through creativity and innovation
7. Professional client care
SEVEN STRATEGIES TO HELP BUSINESSES TO RETURN TO POST- COVID-19 SOLVENCY
1. Evaluate the post-COVID-19 pandemic, “current state,” and “future state” projections that develop strategies to help to return to a healthy state of the business.
2. Evaluate the intrinsic and extrinsic conditions affecting the business, relative to the type of business, size, and capacity, and strive to eliminate, mitigate, and manage the central issues.
3. Examine the state of the supply chains for flexibility and security of supply and negotiate long-term agreements as a trade-off for a price reduction.
4. Maintain and analyze the work from home option as a cost savings strategy to the beginning of the last quarter, until the buying season begins.
5. Reduce discretionary spending and delay upgrades unless associated with an income-producing approach such as digitally transforming the business.
6. Tap into support services such as E4X Inc. with long-term strategic goals, rather than a short-term fix.
7. Develop a strategy to build contingency (inclusive) into future operations business operations, including forming alliances with related entities.
To close the digital gap, underserved founders need to achieve digital transformation in business. EMPOWERED 4X Inc. will provide business education, digital support, and invest in founders with businesses that demonstrate post COVID-19 resilience. More importantly, the ability to adapt to new technologies to survive and thrive in the emerging Fourth Industrial Revolution (4IR) or Industry 4.0.
A business accelerator is a program that gives developing companies access to mentorship, investors and other support that help them become stable, self-sufficient businesses.
We assess the readiness of each founders to engage them in the pre-seed accelerator program to support their transition to engage with Venture Capitalists, Angel Investors, and other investors. These enterprises would typically be producing revenues of less
than $15K monthly.
“More than 80 percent of venture firms don’t have a single black investor and just one percent of venture-funded startup founders are black,” according to BLCK VC.
Partners
We Are Here For YOU every Step of the Way!
Engage with experts in business planning, innovation, legal, funding, sales, marketing, technology, accounting and procurement to take your business to the next level.