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Kerry Washington

Kerry Washington is adding tech investor to her already impressive resume by backing Spill, the Black-owned social media platform built to foster inclusivity and real-time cultural conversations. “In a digital world where marginalized groups, especially Black, Brown, and LGBTQIA folks, rarely feel prioritized, Spill stands out,” Washington told TechCrunch. “I’m proud to be part of this community as both a user and an investor.”  read more>>



Inland Empire Business News

By UBJ Staff October 21, 2024
In an era where the lines between profit and purpose are increasingly blurred, businesses that focus on social entrepreneurship are transforming the way we think about community development. These ventures are designed not only to generate revenue but to address societal challenges in innovative ways. One such example is Care Staffing Professionals , a healthcare staffing company that contributes significantly to the social and economic resilience of underserved communities. By focusing on critical needs like healthcare access and job creation, this business model exemplifies how strategic entrepreneurship can build stronger, more resilient communities. Central to this mission is the involvement of the Lampkin Foundation , which helps amplify the social impact through community-focused initiatives and programs. Addressing Healthcare Needs in Underserved Areas Access to healthcare is a fundamental issue that disproportionately affects underserved communities. Many rural or economically disadvantaged regions face persistent shortages in healthcare staff, limiting their ability to provide adequate medical care. Care Staffing Professionals has stepped in to address this gap, providing healthcare facilities with the personnel they need to serve their patients. By supplying these essential workers, the company ensures that even the most vulnerable populations can receive the care they need, contributing to the overall health and stability of these communities. Beyond simply filling vacancies, the company adopts a strategic approach to ensure that its placements align with the needs of each facility and community. By focusing on areas where healthcare is most needed, Care Staffing Professionals helps reduce the disparities that often leave low-income populations with inadequate access to medical services. This approach also improves long-term health outcomes by creating a more stable healthcare infrastructure in areas that traditionally suffer from neglect. In doing so, the company plays a crucial role in fostering community resilience, ensuring that residents have access to consistent, quality healthcare. Economic Empowerment Through Job Creation Another significant way in which Care Staffing Professionals contributes to community resilience is through job creation. Employment is one of the most direct pathways to economic stability, and by creating jobs in the healthcare sector, the company provides individuals with opportunities for financial independence and career growth. Many of the positions offered through Care Staffing Professionals cater to individuals from underserved backgrounds, providing them with meaningful employment that offers not only a steady income but also the chance to develop new skills. These job opportunities are particularly impactful in economically disadvantaged regions where unemployment rates are often high, and career advancement opportunities are limited. By offering stable employment, the company helps lift individuals out of poverty and creates a ripple effect that strengthens the local economy. As more people gain access to steady jobs, local businesses benefit from increased spending power, further contributing to the economic resilience of the community. Additionally, the company prioritizes professional development, ensuring that its employees have access to training and resources that enable them to advance in their careers. This emphasis on growth fosters a cycle of empowerment, where workers are not only filling immediate job needs but are also building long-term careers. This model of job creation and development is key to fostering a resilient workforce that can adapt to changing economic conditions and continue contributing to their communities for years to come. Strengthening Community Ties Through Collaboration Social entrepreneurship often relies on collaboration to maximize its impact, and Care Staffing Professionals is no exception. The company works closely with healthcare providers, local governments, and community organizations to ensure that its efforts are aligned with the needs of the populations it serves. By engaging with stakeholders across various sectors, the company can tailor its services to address specific challenges within each community, whether that involves staffing shortages in hospitals or providing training programs for aspiring healthcare professionals. This collaborative model strengthens the social fabric of the communities served, building trust and cooperation among residents, healthcare providers, and other key stakeholders. As these relationships deepen, the communities become more resilient, better equipped to face future challenges, and more capable of sustaining long-term growth. Building a Sustainable Model for the Future One of the most compelling aspects of social entrepreneurship is its focus on sustainability. Unlike traditional businesses, which may prioritize short-term profits, companies like Care Staffing Professionals build their models around long-term social impact. By addressing healthcare needs and providing stable employment, the company creates a foundation for sustainable growth within underserved communities. The emphasis on sustainability also extends to environmental and social considerations. As healthcare providers become more integrated into these communities, they are better positioned to deliver preventive care, reducing the long-term strain on healthcare systems. Moreover, as residents become more economically empowered, they are more likely to invest in their own communities, fostering local development that benefits future generations. Through its efforts, Care Staffing Professionals demonstrates that social entrepreneurship is not just about addressing immediate needs but about creating the conditions for long-term resilience. This focus on sustainability ensures that the benefits of the company’s work will continue to be felt for years to come, contributing to a healthier, more economically stable future for underserved populations. The Power of Social Entrepreneurship The work of Care Staffing Professionals exemplifies the transformative power of social entrepreneurship. By addressing critical issues like healthcare access and economic empowerment, the company plays a vital role in building resilient communities. Through strategic collaboration, job creation, and a focus on sustainability, this business model offers a roadmap for how companies can make a lasting social impact while remaining financially successful. The involvement of foundations and community-focused initiatives further amplifies this impact, ensuring that community-driven programs remain at the forefront of the company’s mission. Together, these efforts demonstrate that social entrepreneurship is not just about doing good; it’s about creating sustainable, long-term solutions that empower individuals and uplift entire communities.
By Cherish H. October 14, 2024
(Left to right) Rhonesia Perry - The Gentleman’s Society, Board Advisor, Crystal Anthony - The Gentleman’s Society, Committee Chair, Vanessa Tilford - SoCal Trades, President and Damien Halliburton - The Gentleman’s Society, President and CEO In an exciting new collaboration, the SoCal Trades Tour and The Gentleman’s Society have joined forces to bring career pathways and college opportunities to students across the San Gabriel Valley. This strategic partnership recently culminated in a five-day tour, reaching six high schools and impacting over 6,000 students, making a substantial impact on the future workforce. During the October 11th event hosted at South Hills High School, nearly 50 exhibitors engaged with students, providing hands-on insights into various career options. Among the exhibitors were key government agencies such as the FBI, Marine Corps, and Army recruiters, alongside local businesses within 15 miles of the school. The proximity of job opportunities allows students easy access. This powerhouse partnership between the Gentleman’s Society and SoCal Trades Tour will assist students in both their personal and professional development. Damien Halliburton, President and CEO of The Gentleman’s Society, highlighted the importance of this initiative for boys of color, who are often overlooked in traditional career outreach efforts. “This was an optimal opportunity for our organization to connect with young men who need guidance and support as they navigate both life and career decisions,” Halliburton said. His organization is dedicated to offering mentorship and professional development to help students build a solid foundation for future success. The tour drew attention from educational administrators, including a representative from Jurupa Valley Unified School District and Moreno Valley, who visited the event to observe its impact and explore opportunities for their districts. Vanessa Tilford, owner of SoCal Trades Tour, shared her enthusiasm for the event’s success and its potential for expansion. “We have the capacity for more exhibitors, and we are the first to leverage technology to connect students and businesses, making it easy to follow up and track each student’s progress,” Tilford explained. This innovative approach aims to help students maintain meaningful connections with employers and open doors for future opportunities. Together, SoCal Trades Tour and The Gentleman’s Society are eager to expand their reach across Southern California to continue fostering opportunities for students. For more information about becoming an exhibitor and how to schedule your school site; email info@gotgs.org . Feel free to visit www.socaltradestours.org and www.gotgs.org for more information. This event not only highlights the commitment to creating pathways for students but also reinforces the vital role that strategic partnerships play in shaping the future workforce throughout the SoCal region.
By Kim Anthony October 3, 2024
Thrive Inland SoCal is an ambitious initiative born from a collaboration between the Inland Empire Labor Institute and Inland Economic Growth and Opportunity, two regional co-conveners dedicated to the region's inclusive and equitable development. The Inland Empire Community Foundation serves as the fiscal agent for this effort, managing the necessary responsibilities outlined by the State of California. Thrive Inland SoCal is driven by a mission to build a region where every resident has a voice in shaping the economic future while addressing the inequities that have historically plagued the area. Vision Thrive Inland SoCal envisions an Inland Empire where everyone, regardless of their background or circumstances, has access to the resources and opportunities necessary to thrive. This vision centers on fostering an inclusive economy that leaves no one behind. The Catalyst: California Jobs First Thrive Inland SoCal’s foundation was built on the momentum of the California Jobs First initiative, previously known as the Community Economic Resilience Fund (CERF). Created by the California Legislature, this program was designed to promote a sustainable and equitable recovery from the economic fallout of the COVID-19 pandemic. It supports new strategies to diversify local economies and develop sustainable industries that create high-quality, accessible jobs for all Californians. With approximately $600 million in competitive grants to be distributed among the state’s 13 regions from 2022 to 2026, California Jobs First represents a significant investment in regional economic development. Its potential to transform communities that have historically been under-resourced is immense, and Thrive Inland SoCal is at the forefront of leading this charge in the Inland Empire. A Future-Centered on People As the Inland Empire transitions toward a more technological, sustainable, and carbon-neutral future, Thrive Inland SoCal emphasizes the importance of centering its most valuable asset: its people. Originally launched as the Inland Empire High Road Transition Collaborative (IE-HRTC) with planning funds from California Jobs First, Thrive Inland SoCal is building partnerships and capacity to create an inclusive and prosperous future for the region. Thrive Inland SoCal is organized into five committees, six sub-regional tables, and an Equity Council, all designed to ensure that every resident has an opportunity to engage. Participation is open to anyone in the region, and residents are encouraged to join one or more of these groups to help shape the region's future. The Equity Council A cornerstone of Thrive Inland SoCal’s efforts is the Equity Council, which focuses on critical topics such as youth development, Native American tribal engagement, workers’ rights, women's issues, racial and social justice, environmental justice, and justice reform. The Equity Council meets every other Friday from 12 PM to 1 PM, with hybrid options to accommodate both in-person and virtual attendance. These meetings foster dialogue and action around the region's most pressing equity challenges. Meet the Thrive Inland SoCal Team Key leaders of Thrive Inland SoCal include: Esmeralda Vazquez, Director of Special Projects Chris Castorena, Partnership Development Manager Matthew Mena, Co-Executive Director Thrive Inland SoCal Events To build meaningful partnerships and foster collaboration, Thrive Inland SoCal hosts a variety of events. A central aspect of these gatherings is the opportunity for regional organizations to connect and collaborate on future project proposals. Here are some upcoming events: Catalyst Funding Round 2 Networking Mixer (In-Person) Date: Wednesday, September 25th, 12:00 PM - 1:30 PM Location: Inland Empire Labor Institute, 937 South Via Lata, Suite 500, Colton, CA 92324 Details: Attendees will have the chance to network, find potential project partners, and deliver a 1-2 minute elevator pitch about their organization or project. [Register Here] Catalyst Funding Round 2 Networking Mixer (Virtual) Date: Wednesday, October 2nd, 10:00 AM - 11:00 AM Details: A virtual opportunity to connect with other organizations and explore future partnerships. [Register Here] Technical Assistance Workshops Thrive Inland SoCal is offering two technical assistance workshops designed to help organizations navigate the Catalyst Funding application process: Workshop 1: Monday, September 23, 9:00 AM - 11:00 AM (Virtual) Workshop 2: Wednesday, October 9, 1:00 PM - 3:00 PM (Virtual) [Register Here] Both workshops will cover key strategies, project components, and a detailed breakdown of the application process. The Path Forward Thrive Inland SoCal is on a mission to transform the Inland Empire into a region where economic opportunity is within reach for everyone. With a dedicated team and a robust network of community partners, Thrive Inland SoCal is building the future of the region—one that is equitable, inclusive, and full of opportunity. Through events, networking, and strategic partnerships, the initiative is making strides toward a brighter future for the Inland Empire, with its people at the heart of every effort.
MORE INLAND EMPIRE NEWS

National Business News

By Kim Anthony November 13, 2024
Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in the 41st Annual National Minority Enterprise Development (MED) Week, where they honored the achievements of U.S. minority -owned business enterprises. Together they reaffirmed the Biden-Harris Administration’s commitment to advancing economic equity and equality and ensuring that minority-owned businesses have the access to capital, technical assistance, and more to help them scale.  Held this year in conjunction with the 2024 National Minority Supplier Development Council’s (NMSDC) Annual Conference in Atlanta, the Minority Business Development Agency’s (MBDA) MED Week is a celebration of the talent and ingenuity of the innovators and entrepreneurs who run our Nation’s minority-owned businesses. Minority-owned businesses add incredible value to our economy, generating nearly $2 trillion in revenue annually and generating tremendous consumer loyalty within their communities. Over the last three years, a record number of Americans have started new businesses, with Black and Latino business ownership growing at their fastest rates in 30 years. To date, 16 million jobs have been created under the Biden-Harris Administration. During a fireside chat with NMSDC CEO and President Ying McGuire, Secretary Raimondo stressed the critical role minority businesses play in driving economic growth and the need to ensure this growth remains inclusive. “I firmly believe that our diversity is our greatest strength,” she said. “We will fail to meet our full potential as a Nation unless we harness the talents and strengths of all parts of the country, including people of color, women, and others who are too often left behind.” At an earlier session, Deputy Secretary Don Graves participated in a panel dialogue with cabinet-level and Federal executives on federal investments that support and empower minority business enterprises across the Nation. During the panel, he discussed his role as the Chair of the Interagency Community Investment Committee (ICIC). The ICIC has played a vital role in ensuring that communities know about the federal investments that are available to them and have direct access to the resources, tools, and technical assistance they need to participate and thrive in the economy. Vice President Harris launched the ICIC three years ago, to ensure that billions of dollars of investment flow to and through America’s communities. “The Biden-Harris Administration remains committed to ensuring that minority-owned businesses have access to the resources they need to thrive and grow,” said Deputy Secretary Graves. “If we’re going to out-compete and out-innovate, we need to use the full force of the economy. Everyone will need to participate.” Through funding provided by the Inflation Reduction Act and the CHIPS and Science Act, the Department of Commerce is working to ensure that minority-owned businesses benefit from the billions of dollars that are being invested in the Nation’s infrastructure, manufacturing, and clean energy industries. Key programs include CHIPS for America , Tech Hubs , and the Good Jobs Challenge . These programs are creating thousands of new and good-paying jobs for American workers and providing long-awaited resources and training to communities across America. Last year, MBDA launched the Capital Readiness Program , the largest-ever investment supporting underserved entrepreneurs. MBDA is investing $125 million to launch 43 business incubators and accelerators designed to help minority and underserved entrepreneurs launch and grow their businesses. As part of MED Week, the MED Week awards were presented to businesses, organizations, and individuals for exceptional contributions to minority business growth. The awards are the highest national recognition a minority-owned firm can receive from the U.S. Department of Commerce. For more information, see President Biden’s Proclamation for Minority Enterprise Development Week, 2024.
By Kim Anthony November 9, 2024
As AfroTech 2024 approaches, anticipation is high for discussions celebrating Black excellence in technology. This year, Capital One, known for its leadership in tech innovation and commitment to diversity, will take center stage with a workshop on technology and product management. Leading this session are Alexandra “Alex” Wood, Vice President of Product, and Jared Jordan, Managing Vice President—two visionary leaders advancing Capital One’s tech landscape and exemplifying the company’s dedication to empowering Black talent and pushing technological boundaries. Jared Jordan brings a wealth of experience from industry giants like Google, YouTube, and Netflix, where he led groundbreaking engineering initiatives. At Capital One, Jared focuses on customer identity, data management, and messaging systems, helping protect against fraudulent activity and ensuring customers receive timely communications through their preferred channels. “Capital One’s mission to change banking for good resonates deeply with me,” he shares. “Financial freedom and access are essential to building a more equitable world, and Capital One’s commitment to both technology and diversity made it an easy choice for me.” A Commitment to Diversity and Innovation What distinguishes Capital One is its dedication to integrating diversity at the core of its tech initiatives, a value both Alex and Jared passionately uphold. “In many organizations, HR is seen as a back-office function, but at Capital One, we recognize that to change banking for good, we need to invest in the best people and create the infrastructure that allows them to thrive,” Alex explains. Capital One’s Blacks in Tech (BIT) Business Resource Group is committed to supporting, educating, and inspiring Black technologists at every stage of their careers. BIT aims to amplify its members’ voices, strengthen Capital One’s inclusive culture, and attract top talent from diverse backgrounds. Meet the Leaders: Alex Wood and Jared Jordan Jared echoes the significance of diversity in fueling innovation, emphasizing that building diverse products requires diverse teams. “At Capital One, we’re putting our resources where our values are, ensuring long-term success for our company and our communities,” he states. Jared believes that Capital One sets a standard for inclusivity in tech, particularly through its responsible application of data analytics and artificial intelligence (AI) to improve access and outcomes for all. What to Expect at AfroTech 2024 AfroTech 2024 attendees can look forward to an insightful workshop led by Alex and Jared, where they will delve into Capital One’s technology strategies and product management frameworks. “Our goal is to show that no matter what you look like, where you come from, or what your background is, you can make an impact in tech,” Jared shares. He and Alex will provide insights into aligning product and technology to drive innovation and deliver value. The workshop is designed not only as a learning experience but as an opportunity to inspire and empower. “Building great technology and products is a team sport,” Alex adds. “We want to help attendees see that everyone brings unique strengths to the table, and when those strengths come together, magic happens.” Looking Ahead: The Future of Tech at Capital One Both leaders are optimistic about Capital One’s future. Alex is enthusiastic about creating consumer-grade experiences for Capital One’s associates, envisioning internal processes that are as seamless and engaging as top digital platforms. “Imagine a world where we know what you’re great at and can match you with the perfect role and team,” she envisions. For Jared, the future involves pushing the limits of financial technology while keeping inclusivity at the forefront. “I see Capital One leading in AI, machine learning, and data analytics to enhance financial access for everyone,” he says. His advice to aspiring technologists is simple yet profound: “Stay curious and never stop learning.” Join Capital One at AfroTech 2024 Capital One is excited to participate in AfroTech 2024, connecting with the talented minds shaping the future of technology. Attendees won’t want to miss Alex and Jared’s session on Thursday, Nov. 14, and are encouraged to stop by the Capital One booth to connect with technologists and enjoy some great swag. Both Alex Wood and Jared Jordan bring diverse experiences and perspectives to their roles at Capital One. For Alex, the journey to Capital One wasn’t linear but a discovery of passion. “Like every good daughter of an immigrant, I wanted to be a doctor or scientist, but I found myself drawn to a broader range of interests, ultimately wanting to make lives better by removing friction and adding delight,” she reflects. Alex’s path, which included experience at startups and multinational organizations, led her to Capital One, where she now leads the HR product and data organization team, designing technology systems that enhance the experience of Capital One associates globally, from recruitment and payroll to talent management and learning. Photo Credit: Courtesy of Capital One
By Kim Anthony September 23, 2024
Meet Sean Teamor and Kyle Freeman, the dynamic duo behind Capital Raising Academy , the ultimate destination for mastering the art of funding and accelerating business growth. The academy has an 8-week program designed to equip entrepreneurs with the expertise to navigate the intricate world of capital raising successfully. Both Sean and Kyle have developed a comprehensive program that was meticulously crafted by seasoned professionals with decades of experience in finance, investment banking, and entrepreneurship. Attendees learn everything from crafting compelling pitches to navigating the complex landscape of investor relations. They also acquire the confidence, knowledge, and resources to secure the capital needed to turn their ambitious dreams into tangible reality. With a keen understanding of the challenges faced by startups and growing businesses, the academy has curated a series of informative training modules meticulously crafted to address every facet of the fundraising journey. Throughout the program, participants are immersed in a dynamic learning environment led by industry experts and seasoned investors. From mastering the art of crafting compelling pitch decks to demystifying the intricacies of valuation and deal structuring, each module is tailored to provide actionable insights and practical strategies that can be immediately applied to real-world scenarios. Capital Raising Academy goes beyond theory, fostering interactive discussions, case studies, and hands-on exercises to ensure that entrepreneurs not only grasp fundamental concepts but also develop the critical thinking skills necessary to adapt and thrive in an ever-evolving landscape. Whether seeking seed funding, venture capital, or exploring alternative financing options, participants emerge from the program empowered with the confidence and expertise needed to successfully raise capital and propel their ventures to new heights. They also do speaking engagements. Both Sean and Kyle have decades of collective experience navigating the complex world of venture capital and raising capital. As educators, they are the ideal speakers to enlighten and empower your attendees. Whether you’re hosting a conference, workshop, or exclusive executive gathering, Sean and Kyle’s expertise will leave a lasting impact. Their dynamic speaking style, coupled with their real-world experiences as successful entrepreneurs and venture capital experts, create an engaging and informative experience that will captivate your audience. Attendees will walk away with the knowledge, tools, and confidence to transform their venture capital aspirations into tangible realities. About the Founders Sean Teamor is a driven and accomplished entrepreneur with a unique blend of military discipline and financial expertise. As an Air Force veteran, Sean brings a strong sense of leadership, integrity, and commitment to his work in the private sector. After transitioning from the military, Sean began his career in the world of venture capital, where he quickly developed a keen understanding of the intricacies involved in raising capital and guiding companies through the process of going public. His natural aptitude for finance and his dedication to learning led him to become a licensed stock broker, enabling him to directly assist companies in achieving their public offering goals. Kyle Freeman got started in business marketing in 1996 in San Diego, California. He was the first field coordinator promoted in the region, in record time. He left the company after several years and became the head trainer of a similar company in the telecom marketing industry. After spending many years with two different companies, he decided to set out on his own. In 2003, he created Juice Marketing, Inc., where he served as President and CEO for the next five years. In that period of time under his leadership the company JMI became JMI Telecom Corp, a publicly traded company and one of the only minority-owned public utilities companies in the country. Learn more about Capital Raising Academy by visiting its official website at CapitalRaisingAcademy.com For press inquiries, media interviews, or to book them for speaking engagements, please contact Connia Walker–Johnson at connia@capitalraisingacademy.com or 503-683-1222.

Women in Business

By UBJ Staff October 19, 2024
Deidre Mathis is once again making history in Houston, Texas as the owner of Wanderstay Boutique Hotel, the city's first adults-only themed hotel. It is another remarkable achievement for Mathis, who also made history in 2018 when she launched the first Black-owned hostel in the United States.
By Kim Anthony September 23, 2024
Once that dream became a reality, first in 2020, when Reaves and her former college roommate became the youngest African American women to ever co-own a property in a major hotel chain and then later when she acquired two more hotels as part of the Indiana-based Nassau Investment Group, the longtime hospitality-industry-worker-turned-real-estate-investor found herself yearning to help others get into the commercial real estate game too. “It’s truly an amazing experience and opportunity, but for decades, it’s been out of reach and limited mostly to those who are extremely wealthy or already experienced in the field,” says Reaves, 36, an Atlanta-based award-winning hotel consultant and asset manager who now boasts an investment portfolio that includes co-ownership of hotels and residential real estate properties totalling $30 million. ”I knew in my heart that I had to do my part to help connect others to these types of lucrative investment opportunities. Tapping into this industry has changed my financial future and transformed my life!” How to accomplish that goal eluded her, until finally a big “ah-ha moment” came in 2021 to create a platform of her own to help others leverage their financial resources; no matter how much or little they had to invest. Federal regulations requiring investors to raise more money to support their endeavors came the same year. The result is Vesterr , Reaves’ newly-launched crowdfunding platform that allows accredited and non-accredited investors to join in on commercial real estate securities opportunities, starting with as little as $5,000. “Think of ‘GoFundMe,’ but for commercial real estate investing,” says Reaves. “We’re the first Black-owned, first woman-owned crowd-funding platform for commercial real estate to include hotels in the country and this is just the beginning! The Vesterr platform connects investors with owners to raise capital.” Reaves says her mission is simple; help others grow their real estate portfolio by giving them access to the funds they need while providing investors with opportunities to invest in securities. Much like traditional crowd-funding platforms, those who sign up for Vesterr may peruse the site in search of investment deals in commercial real estate, including hotels, multi-family, retail space and more, that fit their unique investment needs. A minimum investment amount is listed up front and interested parties must meet a set deadline to contribute to the campaign. Vesterr investors also get to decide between investment projects that are more “hands on” or “hands off.” “This platform is really about creating opportunities for all, but I also want it to provide a space for those who have not traditionally felt welcome or included in this industry, such as women, people of color, young people and so on,” explains Reaves. “You can start with the minimum investment and build up from there. Gone are the days where you had to have tens of thousands of dollars just to get into the game. This is a game-changer!” Client Amina James agrees. She served as general partner for a recent deal, funding a Holiday Inn in Lake Charles, LA. on the Vesterr platform. “We met our fundraising goal and it was a successful raise,” gushes James, 38, of Washington DC. “I give so much credit to Vesterr. It is so easy for investors to ask questions using the Q&A feature on the site. When you put a deal on Vesterr you get great exposure and marketing support too.” James says a broad network of accredited investors, amazing customer service, easy onboarding compared to other platforms and option to use several different investment methods – not just cash – all make Vesterr an excellent choice. The “Black girl magic part,” she says, is a bonus. “I love that Vesterr is Black woman-owned too!” Reaves says success stories like James’ continue to inspire her: ”Whether you're an owner or developer or an experienced investor, Vesterr can assist to make it attainable for you to get funding and add commercial real estate assets to your portfolio. You can have your part of the American dream!” About Vesterr Vesterr is an innovative investment platform that provides access to commercial real estate securities including hotels, multi-family, retail for both retail investors (accredited and non accredited investors). For more information, visit Vesterr.com
By Kim Anthony September 22, 2024
Harmony Major, President and Founder of Excellent Presence , a Black woman-owned web design and marketing agency based in Tampa, Florida, is testing a new initiative to help change-focused companies grow their results and impact faster. It's called "Pay What You Can" and it aims to help BIPOC- and ally-owned companies get better results from their websites, branding, and digital marketing more quickly without massive investments. “Pay What You Can” is the first initiative of its kind in the digital marketing space. Excellent Presence hopes it will prove integral for growing African American-owned businesses in particular, who often find next-level expansion a challenge. Established in 2012, the company helps clients take actions that noticeably boost growth without exhausting their time, energy, or money. Harmony, who is also the company's Lead Performance Strategist, comments, "I know what it's like to crave high-quality help to reach the next level but feel restricted by resources. It’s agonizing. Entrepreneurs working to change the world shouldn’t be limited by our ability to afford top experts. We also shouldn't have to figure it all out on our own." Excellent Presence specializes in serving growing companies that already get traffic and sales, but need to speed results or reach new audiences. That can be hard to do with limited resources. So, “Pay What You Can” connects business owners directly with a Multi-Certified, 20-year Digital Marketing Strategist to build their website, content strategy, and/or marketing plan to reduce barriers to growth. “By intentionally supporting BIPOCs and allies creating change, we hope to start a ‘snowball effect’ of impact," added Harmony. "The goal of 'Pay What You Can' is to make high-quality help accessible to every serious, change-oriented company that wants it. We hope all companies will help spread the word about this initiative.” To learn more about the initiative, interested business owners can book a free consultation online to discuss their needs, goals, or partnership opportunities via the official website at ExcellentPresence.com/CreateChange/

E-Commerce & Social Media

By Kim Anthony September 27, 2024
In today’s fast-paced tech landscape, high school graduates often grapple with whether to pursue a traditional college degree or explore alternative routes to jumpstart their careers. For aspiring tech professionals in the Black community, a software engineering bootcamp can offer a transformative opportunity. Let’s break down why a bootcamp might be the perfect choice for your future success. Save Time & Money: While a college degree provides a broad education, it comes with a hefty price tag and a significant time commitment. On average, students spend around $35,551 annually, totaling over $140,000 for a four-year degree. In contrast, Sabio’s software engineering bootcamp costs only $15,000, and with scholarships and discounts, it becomes even more affordable. Bootcamps, like Sabio’s, deliver an intensive, focused learning experience, teaching the exact skills the tech industry demands in just a few months. In only four months, you can be ready to launch a software engineering career! By zeroing in on practical, job-ready skills, bootcamps ensure you’re prepared to hit the ground running quickly and efficiently. Hands-On, Real-World Experience: One major advantage of a software engineering bootcamp is the emphasis on real-world, hands-on learning. Through project-based tasks and collaboration with experienced industry professionals, bootcamp participants gain invaluable experience tackling real challenges. This immersive learning model equips you with the practical skills needed to seamlessly transition into a tech career, ensuring you’re ready to make an immediate impact from day one. Up-to-Date, Industry-Relevant Curriculum: The tech industry is constantly evolving, and staying current with the latest tools and technologies is crucial. Software engineering bootcamps are designed to adapt quickly to emerging trends, ensuring that their curriculum remains relevant. By focusing on the most in-demand skills, bootcamps like Sabio prepare you to thrive in the ever-changing tech landscape with the knowledge and expertise that employers seek. Supportive Community and Networking: Bootcamps also offer a tight-knit, supportive environment where students and instructors work together, providing encouragement and mentorship throughout the journey. This is especially valuable for those in the Black community, as it creates a network of peers and mentors who understand and share your experiences. The connections made in bootcamp can lead to professional opportunities and lasting relationships in the tech world. Career Services and Job Placement Support: Many bootcamps provide comprehensive career services to ease the transition into the workforce. Sabio, for example, offers resume building, interview coaching, access to alumni mentors, and career workshops. With 81% of Sabio graduates securing full-time employment, bootcamps like Sabio are committed to helping you land a fulfilling tech role upon completion of the program. For Black community members looking to carve out a successful path in tech, a software engineering bootcamp offers a practical and efficient alternative to a traditional college degree. With hands-on learning, an up-to-date curriculum, and a supportive community, bootcamps provide a well-rounded approach to becoming a tech professional. Interested in Sabio’s full-stack software engineering program? Join one of our live info sessions for a comprehensive overview of the program and discover how you can unlock your full potential in tech. Learn more at https://sabio.la/info.
By Kim Anthony September 22, 2024
Channing Bell, a visionary African American woman with over a decade of experience in product management across the technology and oil and gas sectors, has launched a new app called BlackListed . Her app is an innovative new social media platform available now on the Apple App Store and Google Play Store that was developed to foster a vibrant community of connection and empowerment. It was designed specifically for Black individuals to network, share experiences, and grow together both personally and professionally. "Our goal is to create a community where Black individuals can find support, opportunities, and a sense of belonging," says Bell. In future updates, the app hopes to offer a variety of features tailored to enhance networking and community-building among its users. These include specialized forums, event listings, mentorship programs, and business opportunities, all curated to strengthen the ties within the Black community. “BlackListed is more than just a social network; it's a movement towards more meaningful connections and a testament to the resilience and strength of the Black community," Bell adds. The app's intuitive design and user-friendly interface make it accessible to users of all ages and backgrounds. As BlackListed launches nationwide, it invites members of the Black community to join and start building lasting connections that empower and uplift. The app is free to download and use. For more information about BlackListed and to download the app, visit the Apple App Store or Google Play Store today.
By Kim Anthony July 3, 2023
Amazon Business offers quantity discounts, exclusive pricing, and streamlined procurement, and now with Business Prime Duo, fast, free delivery on business purchases SEATTLE--(BUSINESS WIRE)-- Amazon (NASDAQ: AMZN) Amazon Business , the Amazon B2B procurement store, today announced that Business Prime Duo , previously $69 per year, is now free for Amazon Prime members who also purchase for businesses. Business Prime Duo is an Amazon Business membership that helps small-business owners by bringing together business buying tools and access to business-only pricing on select items, alongside fast, free business delivery. Now small-business owners can access Business Prime Duo as part of their Prime membership—at no additional cost—alongside the savings, convenience, and entertainment benefits they already know and love from Prime. “We work with a variety of small-business customers, ranging from salon owners and mechanics, to health care providers and restaurant owners. Each of our small-business customers have very different business buying needs, and Amazon Business is committed to providing them with the resources and tools they need to streamline their buying and save money, so they can focus on what matter most – helping their customers and growing their business,” said Todd Heimes, director of Amazon Business Worldwide. “Free access to Business Prime Duo with a Prime membership is another way Amazon Business supports small businesses at every stage of their journey.” “With the new addition of Business Prime Duo as a free offer for Prime members, there’s no better time to be a member,” said Jamil Ghani, vice president of Amazon Prime. “Getting everything Prime members want and need, quickly and reliably with everyday savings, has always been our focus. Small-business owners who are Prime members can now magnify those savings and conveniences even more when shopping for their business.” With Amazon Business and Business Prime Duo, small business owners can keep their personal and business expenses separate, while still enjoying fast, free delivery and the many other benefits of Prime. Separating business and personal accounts can help track business spending, and streamline accounting and taxes. Additionally, Amazon Business customers have access to business-only pricing and quantity discounts on eligible products. In addition to the benefits they enjoy as Amazon Prime members, small-business owners who sign up for Amazon Business and Business Prime Duo will enjoy: Fast, free delivery on business purchases : Free One and Two-Day Delivery on tens of millions of items, and free Same-Day Delivery on eligible items in more than 90 metro areas, helping small businesses get what they need when they need it. Convenient business delivery : Members can choose their own "Amazon Day" to receive eligible orders on the same day each week, where available, so they can be around to receive their package whether at work or home. Reliable delivery means customers can focus more time toward growing their small business, knowing when those shipments will arrive. Additionally, members can choose Consolidated Shipping on eligible large orders to receive items in the fewest packages and deliveries. Free survey and analytics tools : Members can uncover insights to help inspire customer loyalty and drive business growth with survey tools provided by Delighted. 5% back or 90-day terms : With the Amazon Business Prime American Express card, members can take advantage of 5% back or 90 days to pay interest-free on U.S. purchases at Amazon Business. Terms and conditions apply. Prime members can sign up for Business Prime Duo by creating a free Amazon Business account using a different email address than their Amazon.com account, and verifying their status as a business. They can then link their existing Prime membership to their new Amazon Business account and start enjoying the perks and features of Business Prime Duo for free. Current Amazon Business customers can access free Business Prime Duo when they link their personal Amazon.com account with an active Prime membership to their Amazon Business account. Current Business Prime Duo members will be reimbursed for the remainder of their pre-paid yearly membership, with the refund calculated based on the months elapsed since their last renewal. For more information about Business Prime Duo and its benefits, visit https://business.amazon.com/en/find-solutions/business-prime/duo . About Amazon Business Amazon Business helps millions of customers worldwide—from small businesses, schools, hospitals, nonprofits, and government agencies to large enterprises with global operations—reshape their procurement with cost and time savings, greater productivity, and insightful purchasing analytics. Procurement and business leaders enjoy convenient shipping options on hundreds of millions of supplies across categories like office, IT, janitorial, food service, and professional medical supplies. Customers also have access to a variety of business-tailored features and benefits, including a curated site experience, Business Prime, business-only pricing and selection, single- or multi-user business accounts, approvals workflow, purchasing system integrations, payment solutions, tax exemptions, and dedicated customer support. Amazon Business is currently available in the United States, Canada, the United Kingdom, Germany, France, Italy, Spain, Japan, and India. For more information, visit business.amazon.com, www.amazonbusinessblog.com , and @AmazonBusiness. About Amazon Prime: Prime is savings, convenience, and entertainment in one, single membership. More than 200 million Prime members in 25 countries around the world enjoy access to Amazon’s enormous selection, exceptional value, and fast delivery. In the U.S., anyone can join Prime for $14.99 per month or $139 per year, or start a free 30-day trial at amazon.com/prime . For more information about Prime, including discounted memberships, visit aboutamazon.com/prime .

Supplier Diversity

By Kim Anthony February 11, 2022
LOS ANGELES — Mayor Eric Garcetti and the Los Angeles Business Council today launched the Regional Alliance Marketplace for Procurement (RAMP), a portal that centralizes both public and private procurement opportunities. RAMP will address procurement reform and equitable access to contracting opportunities “Making it easier for small and diverse businesses to have access to more procurement opportunities has always been a core priority to further expand equity in our city,” said Los Angeles Mayor Eric Garcetti. “RAMP has come together with the support of the business community and local organizations, and we are excited for the new opportunities that will be available to all types of small businesses across the region.” RAMP is a unique solicitation portal designed to provide the small business community with a centralized hub for contracting opportunities with the City of Los Angeles, as well as other public and private entities. RAMP expects to make available more than $10 billion in procurement opportunities in its first year. This initiative was made possible through the collaboration of Mayor Garcetti, the Los Angeles City Council, and Los Angeles business leaders and is led by the Mayor’s Chief Procurement Officer. Many of these opportunities are geared for the small and diverse business communities. “More than six years ago, I initiated the Comprehensive Jobs Plan, which prioritized procurement reform, primarily for the benefit of small and disadvantaged businesses,” said Councilmember Paul Krekorian. “RAMP is an extraordinary upgrade to an outdated system, which simplifies the process for businesses of all kinds to contract with the City of LA, especially those that are small, local, and minority and women-owned. It’s fitting that we celebrate the launch of RAMP during Super Bowl week in Los Angeles, the kind of major event that offers numerous opportunities for businesses across the City.” Procurement opportunities will be posted on RAMP on an ongoing basis by public and private organizations including, the City of Los Angeles; Los Angeles County Department of Mental Health, Metropolitan Water District; construction and engineering firms including PCL Construction, Suffolk Construction, WSP, and Burns Group; sports and entertainment organizations including AEG, NFL, and the Los Angeles Dodgers; financial institutions including MUFG and City National Bank; and other large contractors. RAMP will launch on February 18, 2022. Businesses currently enrolled in the City of Los Angeles’ BAVN platform will be automatically transferred into RAMP, and will not need to re-register. To learn more or register, go to rampla.org .
By Kim Anthony February 11, 2022
The retail division of CVS Health will seek diverse businesses and evaluate opportunities in line with its ongoing work to meet the needs of customers. WOONSOCKET, R.I., Feb. 10, 2022 -- CVS Pharmacy today announced its second annual Supplier Diversity & Minority Owned Summit, hosted from April 5 - 8, in partnership with ECRM and RangeMe. This summit is part of CVS Pharmacy's ongoing efforts to bring a broader assortment of products from diverse suppliers and brands to customers – and work with those suppliers and brands to ensure mutual success through customized support and resources. CVS Pharmacy currently carries more than 100 diverse-owned brands across front store categories and is committed to increasing that selection with enhanced merchandising protocols for diverse suppliers. Within beauty and personal care, for example, CVS Pharmacy has made significant strides in amplifying its commitment to build out diverse-owned assortments. It has recently added several new Black-owned brands and nearly 200 items from new and existing Black-owned brands, with many more launching across the category in 2022. "We're at our best when our priorities and actions reflect the needs of the communities we serve," said Andrea Harrison, VP of Merchandising, Beauty & Personal Care at CVS Health. "We'll continue to feature the brands and trends that speak to the diversity of our customers while simultaneously offering the value, innovation and trust they expect from the products across our aisles." The 2022 summit will focus on products across beauty, grocery, personal care, health, wellness, household and general merchandise. Vendors can learn more and apply to join the virtual event by visiting www.rangeme.com/cvsdiversity through February 14, 2022. To further support CVS Pharmacy's commitment to increasing its selection of diverse-owned brands, new tools and processes have been created to ensure increased diverse spend and a more inclusive supplier and product landscape, including: CVS Merchandising, in partnership with the CVS Health Enterprise Procurement Supplier Diversity team, has hosted a Supplier Diversity in Merchandising program annually for the past four years to identify new diverse suppliers and assist in eliminating barriers to starting in retail. CVS Health's Supplier Diversity program hosts an annual Executive Learning Series, which provides training in a wide variety of skills around pitching and landing expanded retail distribution of products, including the opportunity to engage in individualized executive coaching. CVS Pharmacy merchandisers attend supplier diversity advocacy conferences, such as National Minority Supplier Development Council (NMSDC) and Women's Business Enterprise National Council (WBENC), to meet with diverse suppliers. CVS Pharmacy works to reinforce the diversity of both product assortment and suppliers throughout its planogram process to deliver relevant offerings to the communities it serves. Additionally, with the goal of achieving mutual success, CVS Pharmacy offers unique opportunities to smaller diverse suppliers entering mass retail, including: Providing resources, training and mentoring for new and/or growing diverse suppliers as they gain a foothold in the retail environment. Developing refreshed intake forms to ensure specific supplier needs are appropriately flagged and accommodated. At this Supplier Diversity & Minority Owned Summit, all sourcing and product submissions will be made through RangeMe , the industry-standard online product discovery and sourcing platform. ECRM will then create curated meeting schedules and facilitate face-to-face virtual meetings with the merchants, so that suppliers can present new and innovative products and solutions for CVS Pharmacy customers. All meetings will be conducted on ECRM's virtual meeting platform, ECRM CONNECT, on April 5 - 8. ECRM's team will help ensure that the meetings are executed with the utmost efficiency. About CVS Pharmacy CVS Pharmacy, the retail division of CVS Health , is America's leading retail pharmacy with nearly 10,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores. We are committed to delivering innovative health solutions that create a simpler, more accessible experience for patients, customers, and caregivers. CVS Pharmacy is the only national pharmacy to remove tobacco products from its shelves and has taken a leadership role in responding to the COVID-19 pandemic by making testing and vaccinations available at locations across the United States. For the latest product and service offerings, visit www.cvs.com or download the CVS App .
By Kim Anthony October 25, 2021
The company’s $2.4 billion in purchases of goods and services from minority and small businesses contributed more than $3.5 billion to the economy ROSEMEAD, CA—Southern California Edison recorded 37.66% of its corporate purchases, or $2.4 billion in spending, with more than 600 small and diverse businesses in 2020. The company’s contracting with these companies had an economic impact of more than $3.5 billion and sustained more than 23,000 jobs. This is according to SCE’s 2020 Supplier Diversity Economic Impact Report , prepared by data consultancy supplier.io, which helps companies evaluate the real-world effects of their spending in their communities and beyond. Importantly, SCE provides technical assistance and guidance that help minority-, women-, disabled veteran- and LGBT-owned businesses develop capabilities that will let them meet the company’s specific demands. “After partnering with small and diverse firms for more than four decades, we’ve known that our Supplier Diversity Program brings economic benefits to not only our 600-plus suppliers, but also the regional economies where they do business,” said Kevin Payne, SCE president and CEO. “We’ve heard over the years countless stories from diverse suppliers about the positive effects our supplier diversity and technical assistance programs have on them.” The report states that SCE’s $3.5 billion economic impact — pertaining only to its spending with diverse suppliers — is the sum of three effects: direct purchases by SCE from its small, minority, women, disabled veteran and LGBT suppliers; indirect activities within these companies’ supply chains; and the induced effects that result as employees of these companies, and those of companies within their supply chains, spend their wages in the wider consumer economy. For more information, including details of the report’s methodology, see the Supplier Diversity Economic Impact Report . About Southern California Edison An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

Trending News

By UBJ Staff October 21, 2024
In an era where the lines between profit and purpose are increasingly blurred, businesses that focus on social entrepreneurship are transforming the way we think about community development. These ventures are designed not only to generate revenue but to address societal challenges in innovative ways. One such example is Care Staffing Professionals , a healthcare staffing company that contributes significantly to the social and economic resilience of underserved communities. By focusing on critical needs like healthcare access and job creation, this business model exemplifies how strategic entrepreneurship can build stronger, more resilient communities. Central to this mission is the involvement of the Lampkin Foundation , which helps amplify the social impact through community-focused initiatives and programs. Addressing Healthcare Needs in Underserved Areas Access to healthcare is a fundamental issue that disproportionately affects underserved communities. Many rural or economically disadvantaged regions face persistent shortages in healthcare staff, limiting their ability to provide adequate medical care. Care Staffing Professionals has stepped in to address this gap, providing healthcare facilities with the personnel they need to serve their patients. By supplying these essential workers, the company ensures that even the most vulnerable populations can receive the care they need, contributing to the overall health and stability of these communities. Beyond simply filling vacancies, the company adopts a strategic approach to ensure that its placements align with the needs of each facility and community. By focusing on areas where healthcare is most needed, Care Staffing Professionals helps reduce the disparities that often leave low-income populations with inadequate access to medical services. This approach also improves long-term health outcomes by creating a more stable healthcare infrastructure in areas that traditionally suffer from neglect. In doing so, the company plays a crucial role in fostering community resilience, ensuring that residents have access to consistent, quality healthcare. Economic Empowerment Through Job Creation Another significant way in which Care Staffing Professionals contributes to community resilience is through job creation. Employment is one of the most direct pathways to economic stability, and by creating jobs in the healthcare sector, the company provides individuals with opportunities for financial independence and career growth. Many of the positions offered through Care Staffing Professionals cater to individuals from underserved backgrounds, providing them with meaningful employment that offers not only a steady income but also the chance to develop new skills. These job opportunities are particularly impactful in economically disadvantaged regions where unemployment rates are often high, and career advancement opportunities are limited. By offering stable employment, the company helps lift individuals out of poverty and creates a ripple effect that strengthens the local economy. As more people gain access to steady jobs, local businesses benefit from increased spending power, further contributing to the economic resilience of the community. Additionally, the company prioritizes professional development, ensuring that its employees have access to training and resources that enable them to advance in their careers. This emphasis on growth fosters a cycle of empowerment, where workers are not only filling immediate job needs but are also building long-term careers. This model of job creation and development is key to fostering a resilient workforce that can adapt to changing economic conditions and continue contributing to their communities for years to come. Strengthening Community Ties Through Collaboration Social entrepreneurship often relies on collaboration to maximize its impact, and Care Staffing Professionals is no exception. The company works closely with healthcare providers, local governments, and community organizations to ensure that its efforts are aligned with the needs of the populations it serves. By engaging with stakeholders across various sectors, the company can tailor its services to address specific challenges within each community, whether that involves staffing shortages in hospitals or providing training programs for aspiring healthcare professionals. This collaborative model strengthens the social fabric of the communities served, building trust and cooperation among residents, healthcare providers, and other key stakeholders. As these relationships deepen, the communities become more resilient, better equipped to face future challenges, and more capable of sustaining long-term growth. Building a Sustainable Model for the Future One of the most compelling aspects of social entrepreneurship is its focus on sustainability. Unlike traditional businesses, which may prioritize short-term profits, companies like Care Staffing Professionals build their models around long-term social impact. By addressing healthcare needs and providing stable employment, the company creates a foundation for sustainable growth within underserved communities. The emphasis on sustainability also extends to environmental and social considerations. As healthcare providers become more integrated into these communities, they are better positioned to deliver preventive care, reducing the long-term strain on healthcare systems. Moreover, as residents become more economically empowered, they are more likely to invest in their own communities, fostering local development that benefits future generations. Through its efforts, Care Staffing Professionals demonstrates that social entrepreneurship is not just about addressing immediate needs but about creating the conditions for long-term resilience. This focus on sustainability ensures that the benefits of the company’s work will continue to be felt for years to come, contributing to a healthier, more economically stable future for underserved populations. The Power of Social Entrepreneurship The work of Care Staffing Professionals exemplifies the transformative power of social entrepreneurship. By addressing critical issues like healthcare access and economic empowerment, the company plays a vital role in building resilient communities. Through strategic collaboration, job creation, and a focus on sustainability, this business model offers a roadmap for how companies can make a lasting social impact while remaining financially successful. The involvement of foundations and community-focused initiatives further amplifies this impact, ensuring that community-driven programs remain at the forefront of the company’s mission. Together, these efforts demonstrate that social entrepreneurship is not just about doing good; it’s about creating sustainable, long-term solutions that empower individuals and uplift entire communities.
By Cherish H. October 14, 2024
(Left to right) Rhonesia Perry - The Gentleman’s Society, Board Advisor, Crystal Anthony - The Gentleman’s Society, Committee Chair, Vanessa Tilford - SoCal Trades, President and Damien Halliburton - The Gentleman’s Society, President and CEO In an exciting new collaboration, the SoCal Trades Tour and The Gentleman’s Society have joined forces to bring career pathways and college opportunities to students across the San Gabriel Valley. This strategic partnership recently culminated in a five-day tour, reaching six high schools and impacting over 6,000 students, making a substantial impact on the future workforce. During the October 11th event hosted at South Hills High School, nearly 50 exhibitors engaged with students, providing hands-on insights into various career options. Among the exhibitors were key government agencies such as the FBI, Marine Corps, and Army recruiters, alongside local businesses within 15 miles of the school. The proximity of job opportunities allows students easy access. This powerhouse partnership between the Gentleman’s Society and SoCal Trades Tour will assist students in both their personal and professional development. Damien Halliburton, President and CEO of The Gentleman’s Society, highlighted the importance of this initiative for boys of color, who are often overlooked in traditional career outreach efforts. “This was an optimal opportunity for our organization to connect with young men who need guidance and support as they navigate both life and career decisions,” Halliburton said. His organization is dedicated to offering mentorship and professional development to help students build a solid foundation for future success. The tour drew attention from educational administrators, including a representative from Jurupa Valley Unified School District and Moreno Valley, who visited the event to observe its impact and explore opportunities for their districts. Vanessa Tilford, owner of SoCal Trades Tour, shared her enthusiasm for the event’s success and its potential for expansion. “We have the capacity for more exhibitors, and we are the first to leverage technology to connect students and businesses, making it easy to follow up and track each student’s progress,” Tilford explained. This innovative approach aims to help students maintain meaningful connections with employers and open doors for future opportunities. Together, SoCal Trades Tour and The Gentleman’s Society are eager to expand their reach across Southern California to continue fostering opportunities for students. For more information about becoming an exhibitor and how to schedule your school site; email info@gotgs.org . Feel free to visit www.socaltradestours.org and www.gotgs.org for more information. This event not only highlights the commitment to creating pathways for students but also reinforces the vital role that strategic partnerships play in shaping the future workforce throughout the SoCal region.
By Kim Anthony October 3, 2024
Thrive Inland SoCal is an ambitious initiative born from a collaboration between the Inland Empire Labor Institute and Inland Economic Growth and Opportunity, two regional co-conveners dedicated to the region's inclusive and equitable development. The Inland Empire Community Foundation serves as the fiscal agent for this effort, managing the necessary responsibilities outlined by the State of California. Thrive Inland SoCal is driven by a mission to build a region where every resident has a voice in shaping the economic future while addressing the inequities that have historically plagued the area. Vision Thrive Inland SoCal envisions an Inland Empire where everyone, regardless of their background or circumstances, has access to the resources and opportunities necessary to thrive. This vision centers on fostering an inclusive economy that leaves no one behind. The Catalyst: California Jobs First Thrive Inland SoCal’s foundation was built on the momentum of the California Jobs First initiative, previously known as the Community Economic Resilience Fund (CERF). Created by the California Legislature, this program was designed to promote a sustainable and equitable recovery from the economic fallout of the COVID-19 pandemic. It supports new strategies to diversify local economies and develop sustainable industries that create high-quality, accessible jobs for all Californians. With approximately $600 million in competitive grants to be distributed among the state’s 13 regions from 2022 to 2026, California Jobs First represents a significant investment in regional economic development. Its potential to transform communities that have historically been under-resourced is immense, and Thrive Inland SoCal is at the forefront of leading this charge in the Inland Empire. A Future-Centered on People As the Inland Empire transitions toward a more technological, sustainable, and carbon-neutral future, Thrive Inland SoCal emphasizes the importance of centering its most valuable asset: its people. Originally launched as the Inland Empire High Road Transition Collaborative (IE-HRTC) with planning funds from California Jobs First, Thrive Inland SoCal is building partnerships and capacity to create an inclusive and prosperous future for the region. Thrive Inland SoCal is organized into five committees, six sub-regional tables, and an Equity Council, all designed to ensure that every resident has an opportunity to engage. Participation is open to anyone in the region, and residents are encouraged to join one or more of these groups to help shape the region's future. The Equity Council A cornerstone of Thrive Inland SoCal’s efforts is the Equity Council, which focuses on critical topics such as youth development, Native American tribal engagement, workers’ rights, women's issues, racial and social justice, environmental justice, and justice reform. The Equity Council meets every other Friday from 12 PM to 1 PM, with hybrid options to accommodate both in-person and virtual attendance. These meetings foster dialogue and action around the region's most pressing equity challenges. Meet the Thrive Inland SoCal Team Key leaders of Thrive Inland SoCal include: Esmeralda Vazquez, Director of Special Projects Chris Castorena, Partnership Development Manager Matthew Mena, Co-Executive Director Thrive Inland SoCal Events To build meaningful partnerships and foster collaboration, Thrive Inland SoCal hosts a variety of events. A central aspect of these gatherings is the opportunity for regional organizations to connect and collaborate on future project proposals. Here are some upcoming events: Catalyst Funding Round 2 Networking Mixer (In-Person) Date: Wednesday, September 25th, 12:00 PM - 1:30 PM Location: Inland Empire Labor Institute, 937 South Via Lata, Suite 500, Colton, CA 92324 Details: Attendees will have the chance to network, find potential project partners, and deliver a 1-2 minute elevator pitch about their organization or project. [Register Here] Catalyst Funding Round 2 Networking Mixer (Virtual) Date: Wednesday, October 2nd, 10:00 AM - 11:00 AM Details: A virtual opportunity to connect with other organizations and explore future partnerships. [Register Here] Technical Assistance Workshops Thrive Inland SoCal is offering two technical assistance workshops designed to help organizations navigate the Catalyst Funding application process: Workshop 1: Monday, September 23, 9:00 AM - 11:00 AM (Virtual) Workshop 2: Wednesday, October 9, 1:00 PM - 3:00 PM (Virtual) [Register Here] Both workshops will cover key strategies, project components, and a detailed breakdown of the application process. The Path Forward Thrive Inland SoCal is on a mission to transform the Inland Empire into a region where economic opportunity is within reach for everyone. With a dedicated team and a robust network of community partners, Thrive Inland SoCal is building the future of the region—one that is equitable, inclusive, and full of opportunity. Through events, networking, and strategic partnerships, the initiative is making strides toward a brighter future for the Inland Empire, with its people at the heart of every effort.
By Kim Anthony September 27, 2024
Left to right: Mike Daniel (OCIE SBDC), Dr. Joy Sargis (Aleda), Tara Lynn Gray (CalOSBA) On April 25, 2024, the Orange County Inland Empire Small Business Development Center Network held four events in Irvine, Calif., each catered to serve a specific community. With more than 300 attendees, the day intersected clients, business owners, community members, lenders, government representatives, and partners to provide new opportunities, resources, and connections. Kicking off the morning, the SBDC Marketing Center presented Accelerate Growth: Marketing Strategies for the Digital Age. Center Director Roger Lloyd, in conjunction with consultants Gisele Haman and Rachel Svoboda, shared an engaging seminar of strategies and technologies designed to amplify financial success through live demonstrations, hands-on exercises, and case studies. Simultaneously, the Minority Business Summit showcased community, political, and economic development leaders throughout the county discussing the biggest issues facing minority small businesses today. Speakers included Christina Blevins of First 5 Orange County, Zitalic Domond of County of Orange, Vice President of Orange County Business Council Jess Ben-Ron, Governor’s Office of Business and Economic Development representative Christy Tran, Shela Tobias-Daniel of the State Treasurer’s Office, Orange County Hispanic Chamber of Commerce President and CEO Reuben Franco, Orange County Transportation Authority representative Ted Nguyen, and CEO of Small Business Diversity Network Jay Ungos. Attendees from all events converged for lunch, networking, and programming from a variety of partners, including CalOSBA Director Tara Lynn Gray, SBA representative Paul Smith, CSUF College of Business and Economics Dean Sridhar Sundaram, City of Irvine Mayor Farrah Khan, and Chris Johnson of Wells Fargo. The support and value provided by partners helps increase our reach throughout communities. Following lunch, the Southern California Lender Roundtable provided an engaging discussion on the current landscape of small business lending, including key updates on the state’s SSBCI funds and updates from the SBA. Speakers included SBDC Finance Center Director Sylvia Pizarroso, Allison French-Tubo and Shela Tobias-Daniel of the State Treasurer’s Office, OCIE SBA District Office representative Ron Galati, SBA Office of International Trade representative Pellson Lau, and D.C. SBA representative Alex Contreras. Concurrently, the Orange County Women’s Business Center hosted the Women Founders Pitch, in partnership with the OCIE SBDC, TCA Orange County, and Golden Seeds. The showcase of diverse and disruptive startups was riveting, as each founder was competing to win $2,500 toward their woman-founded business, Presenters included Erica Solis of Poppy Life Care, Wendee Close of Goals2Life, Dr. Joy Sargis of Aleda, and Remington Fraser of The Revury. Presentations were judged by Golden Seeds Angel Adriana Diener and TCA Orange County representatives Lisa Walker and Pat Hwang. Orange County Women’s Business Center Director Manal Richa shared the impact of the first-ever pitch competition. “This is an exciting convergence of innovation and empowerment. Our event ignited the entrepreneurial spirit of our OC community, drawing investors, judges, and public enthusiasts alike,” said Manal. “With the spotlight on four remarkable women-led ventures, each a beacon of diversity and disruption, our Women Founders Pitch illuminated the path to progress and the limitless potential of female founders and women in business.” Ultimately, Dr. Joy Sargis took home the $2,500 prize for her small business Aleda, a platform for student athletes, high schools, colleges, and professional athletes to monetize their name, image, and likeness by creating Certified Digital Assets. The remaining three participants received an award of $1,000 each. The day provided new outlets for clients, partners, and audiences to connect, grow, and expand their knowledge and businesses. The OCIE SBDC’s service to the community and resources are made possible by funding partners CalOSBA and SBA. OCIE SBDC Network Director Mike Daniel shared the overall impact as the day culminated. “The events held on April 25 were a great opportunity for the OCIE SBDC to bring together business owners, business leaders, chambers of commerce, economic development leaders, lenders, and more to find new solutions to helping our small business community grow and thrive. The SBDC will continue to find new and innovative ways to educate and inform small business owners and those that support them with the resources they need to succeed.”
By Kim Anthony September 27, 2024
The highly anticipated 16th annual Connecting Faith & Business Summit is scheduled for October 17, 2024, at the prestigious DoubleTree by Hilton Hotel Ontario Airport. The event promises to bring together business owners, entrepreneurs, and faith-driven leaders for a day of inspiration, motivation, and values-based networking. Event Details: Date: October 17, 2024 Location: DoubleTree by Hilton Hotel Ontario Airport Websites: ampac.com | connectingfaithandbusiness.com With check-in starting at 8:45 a.m., attendees will experience the power of connection in an environment designed to foster collaboration and growth. The summit serves as a prime opportunity for business owners to unlock new avenues for success, find inspiration, and cultivate meaningful relationships that can shape the future of their ventures. The Connecting Faith & Business Summit has established itself as a premier event for professionals seeking to align their faith with business practices. Attendees will benefit from a full day of engaging sessions, networking opportunities, and motivational speeches aimed at empowering individuals to make 2024 a year of exponential growth and success. "At a time when connection and collaboration are more critical than ever, this summit offers attendees the chance to be educated, inspired, and connected like never before," event organizers said. The summit's focus on values-driven networking creates an environment where faith and business converge, enabling participants to foster relationships that can have a lasting impact on their professional journeys. To learn more about the summit and secure a spot, interested individuals are encouraged to visit ampac.com or connectingfaithandbusiness.com .
By Kim Anthony September 21, 2024
(Fontana, Calif. - September 20, 2024) - Did you miss Fontana's Business Summit, don't worry - we've got a recap of all the valuable insights at the event! Held at Spaggi’s Event Center, the summit brought together business owners, entrepreneurs, and visionaries to explore strategies for scaling businesses, building creditworthiness, securing government contracts, and expanding into brick-and-mortar locations. Mayor Acquanetta Warren opened the event with a warm welcome, sharing her excitement for Fontana’s business community. She reminded us of the city’s commitment to supporting growth, saying, "Fontana is more than a city – it’s a community where businesses come to thrive." San Bernardino County Supervisor Jesse Armendarez echoed this sentiment, stating, "If you are an entrepreneur and are willing to invest in your business, Fontana is the place to be." The summit featured industry experts like Dennis Yu, a pioneer in social media marketing and co-author of "The Definitive Guide to TikTok Advertising: How to Access 1 Billion People in 10 Minutes!", who shared actionable strategies for leveraging social media to grow networks and build meaningful community relationships. Catherine Smith Licari, Founder and CEO of Cashflow for Creatives, introduced her product, The Small Business Planner, a tool designed to help businesses build a solid financial foundation. She emphasized the value of brick-and-mortar stores, saying, "Opening a storefront creates an experience for your community." Business Summit attendees had the opportunity to meet other business owners, receive on site assistance to apply for the Fontana Empowerment Loan Fund and enjoyed lunch from local Fontana restaurant, La Tapatia. Business Summit attendee and business owner Taylor Gonzalez stated "I've never been to a business development event that was worth my time than the Fontana Business Summit. Speaker after speaker, panel after panel, everyone delivered invaluable information and offered solutions to real world problems we as business owners are facing. I left feeling empowered, inspired and motivated to implement the tools I learned from the summit, and I look forward to the next one!"
By Kim Anthony August 23, 2024
San Bernardino Allocates $1 Million to Support Local Businesses with Facade Improvement Grants Starting Monday, August 26, the City of San Bernardino will begin accepting applications for the "Paintbrush Program," a new initiative aimed at revitalizing commercial corridors by providing grants ranging from $10,000 to $20,000 to local businesses for facade improvements. The program covers a variety of enhancements such as new exterior signs, awnings, canopies, fresh paint, stucco, tile, brick repairs, paving, outdoor lighting, windows, architectural details, landscaping, irrigation, and even fountains. "This is a great opportunity to beautify our commercial corridors while helping local business owners invest in their properties," said San Bernardino Economic Development Director Ken Chapa. Funded with $1 million from the American Rescue Plan, the program will operate on a first-come, first-served basis. Businesses that opened before March 2020 can receive up to $20,000, while those that opened after that date are eligible for up to $10,000. Participants must have a valid City of San Bernardino business license and complete a mentoring session with the Small Business Development Center. All improvements must enhance the exterior appearance of the business and be visible from the street. Eligible businesses are located along the following corridors: Downtown San Bernardino Mt. Vernon Avenue (Highland Ave. to Mill St.) E Street (30th St. to Mill St.) Waterman Avenue (Highland Ave. to Mill St.) 40th Street/E Street (Little Mountain Dr. to 31st St.) Highland Avenue (Macy St. to Mt. Vernon Ave.) Highland Avenue (Victoria Ave. to Boulder Ave.) 5th Street (Rancho Ave. to Victoria Ave.) Base Line Street (Meridian Ave. to Mt. Vernon Ave.) Base Line Street (215 Freeway to Victoria Ave.) Redlands Boulevard (Waterman Ave. to Gage Canal) For more information, including how to apply, visit www.SBCity.org/PaintbrushProgram . For questions, contact the Economic Development Department at (909) 384-5366 or email EconDev@SBCity.org .
By Kim Anthony March 8, 2024
Spectrum has appointed Wally Bakare as the new Regional Vice President of Field Operations for its West Region, which includes the company’s cable systems serving customers in Southern California, Hawaii, and Arizona. Bakare will report to Shannon Atkinson, recently promoted to Senior Vice President of Field Operations, who oversees multiple regions. Bakare will be based in El Segundo, marking his return to Southern California. In his new role, Bakare will lead the West Region’s Field Operations team, which consists of 4,000 employees. This includes field technicians responsible for installations and service calls for residential and small to medium-sized businesses. His team also oversees the monitoring, maintenance, construction, and upgrades of local broadband networks. These efforts will support Spectrum’s network evolution, which aims to deliver symmetrical and multi-gigabit speeds across the company’s 41-state service area, as well as expand the network further. “Wally’s extensive 25-year career in the industry is defined by his commitment to improving organizational performance in all aspects of Field Operations,” said Atkinson. “His exceptional ability to identify operational gaps and create effective strategies will enhance performance and improve the experience for millions of Spectrum customers in Southern California, Hawaii, and Arizona.” Since August 2021, Bakare has served as Regional Vice President of Field Operations for Spectrum’s Northwest Region, which covers operations in Colorado, Idaho, Montana, Nevada, Oregon, Washington, Wyoming, and Central and Northern California. Previously, he spent five years in the West Region as Area Vice President for the SoCal Central management area, serving communities in Los Angeles and Orange County. Bakare began his telecommunications career in 1996 with Nextel Communications and later spent seven years at Comcast in various broadband and telephony leadership roles. He joined Time Warner Cable in 2006, where he held leadership positions in telephony and operations in Southern California and Ohio. He transitioned to Charter in 2014 as Area Vice President for its California management area.  Bakare holds a master’s degree in Telecommunications Management from the University of Maryland University College and is a graduate of Harvard University’s Cable Executive Management Program.

Kerry Washington is adding tech investor to her already impressive resume by backing Spill, the Black-owned social media platform built to foster inclusivity and real-time cultural conversations. “In a digital world where marginalized groups, especially Black, Brown, and LGBTQIA folks, rarely feel prioritized, Spill stands out,” Washington told TechCrunch. “I’m proud to be part of this community as both a user and an investor.”


News & Features

By Kim Anthony November 13, 2024
Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in the 41st Annual National Minority Enterprise Development (MED) Week, where they honored the achievements of U.S. minority -owned business enterprises. Together they reaffirmed the Biden-Harris Administration’s commitment to advancing economic equity and equality and ensuring that minority-owned businesses have the access to capital, technical assistance, and more to help them scale.  Held this year in conjunction with the 2024 National Minority Supplier Development Council’s (NMSDC) Annual Conference in Atlanta, the Minority Business Development Agency’s (MBDA) MED Week is a celebration of the talent and ingenuity of the innovators and entrepreneurs who run our Nation’s minority-owned businesses. Minority-owned businesses add incredible value to our economy, generating nearly $2 trillion in revenue annually and generating tremendous consumer loyalty within their communities. Over the last three years, a record number of Americans have started new businesses, with Black and Latino business ownership growing at their fastest rates in 30 years. To date, 16 million jobs have been created under the Biden-Harris Administration. During a fireside chat with NMSDC CEO and President Ying McGuire, Secretary Raimondo stressed the critical role minority businesses play in driving economic growth and the need to ensure this growth remains inclusive. “I firmly believe that our diversity is our greatest strength,” she said. “We will fail to meet our full potential as a Nation unless we harness the talents and strengths of all parts of the country, including people of color, women, and others who are too often left behind.” At an earlier session, Deputy Secretary Don Graves participated in a panel dialogue with cabinet-level and Federal executives on federal investments that support and empower minority business enterprises across the Nation. During the panel, he discussed his role as the Chair of the Interagency Community Investment Committee (ICIC). The ICIC has played a vital role in ensuring that communities know about the federal investments that are available to them and have direct access to the resources, tools, and technical assistance they need to participate and thrive in the economy. Vice President Harris launched the ICIC three years ago, to ensure that billions of dollars of investment flow to and through America’s communities. “The Biden-Harris Administration remains committed to ensuring that minority-owned businesses have access to the resources they need to thrive and grow,” said Deputy Secretary Graves. “If we’re going to out-compete and out-innovate, we need to use the full force of the economy. Everyone will need to participate.” Through funding provided by the Inflation Reduction Act and the CHIPS and Science Act, the Department of Commerce is working to ensure that minority-owned businesses benefit from the billions of dollars that are being invested in the Nation’s infrastructure, manufacturing, and clean energy industries. Key programs include CHIPS for America , Tech Hubs , and the Good Jobs Challenge . These programs are creating thousands of new and good-paying jobs for American workers and providing long-awaited resources and training to communities across America. Last year, MBDA launched the Capital Readiness Program , the largest-ever investment supporting underserved entrepreneurs. MBDA is investing $125 million to launch 43 business incubators and accelerators designed to help minority and underserved entrepreneurs launch and grow their businesses. As part of MED Week, the MED Week awards were presented to businesses, organizations, and individuals for exceptional contributions to minority business growth. The awards are the highest national recognition a minority-owned firm can receive from the U.S. Department of Commerce. For more information, see President Biden’s Proclamation for Minority Enterprise Development Week, 2024.
By Kim Anthony November 9, 2024
As AfroTech 2024 approaches, anticipation is high for discussions celebrating Black excellence in technology. This year, Capital One, known for its leadership in tech innovation and commitment to diversity, will take center stage with a workshop on technology and product management. Leading this session are Alexandra “Alex” Wood, Vice President of Product, and Jared Jordan, Managing Vice President—two visionary leaders advancing Capital One’s tech landscape and exemplifying the company’s dedication to empowering Black talent and pushing technological boundaries. Jared Jordan brings a wealth of experience from industry giants like Google, YouTube, and Netflix, where he led groundbreaking engineering initiatives. At Capital One, Jared focuses on customer identity, data management, and messaging systems, helping protect against fraudulent activity and ensuring customers receive timely communications through their preferred channels. “Capital One’s mission to change banking for good resonates deeply with me,” he shares. “Financial freedom and access are essential to building a more equitable world, and Capital One’s commitment to both technology and diversity made it an easy choice for me.” A Commitment to Diversity and Innovation What distinguishes Capital One is its dedication to integrating diversity at the core of its tech initiatives, a value both Alex and Jared passionately uphold. “In many organizations, HR is seen as a back-office function, but at Capital One, we recognize that to change banking for good, we need to invest in the best people and create the infrastructure that allows them to thrive,” Alex explains. Capital One’s Blacks in Tech (BIT) Business Resource Group is committed to supporting, educating, and inspiring Black technologists at every stage of their careers. BIT aims to amplify its members’ voices, strengthen Capital One’s inclusive culture, and attract top talent from diverse backgrounds. Meet the Leaders: Alex Wood and Jared Jordan Jared echoes the significance of diversity in fueling innovation, emphasizing that building diverse products requires diverse teams. “At Capital One, we’re putting our resources where our values are, ensuring long-term success for our company and our communities,” he states. Jared believes that Capital One sets a standard for inclusivity in tech, particularly through its responsible application of data analytics and artificial intelligence (AI) to improve access and outcomes for all. What to Expect at AfroTech 2024 AfroTech 2024 attendees can look forward to an insightful workshop led by Alex and Jared, where they will delve into Capital One’s technology strategies and product management frameworks. “Our goal is to show that no matter what you look like, where you come from, or what your background is, you can make an impact in tech,” Jared shares. He and Alex will provide insights into aligning product and technology to drive innovation and deliver value. The workshop is designed not only as a learning experience but as an opportunity to inspire and empower. “Building great technology and products is a team sport,” Alex adds. “We want to help attendees see that everyone brings unique strengths to the table, and when those strengths come together, magic happens.” Looking Ahead: The Future of Tech at Capital One Both leaders are optimistic about Capital One’s future. Alex is enthusiastic about creating consumer-grade experiences for Capital One’s associates, envisioning internal processes that are as seamless and engaging as top digital platforms. “Imagine a world where we know what you’re great at and can match you with the perfect role and team,” she envisions. For Jared, the future involves pushing the limits of financial technology while keeping inclusivity at the forefront. “I see Capital One leading in AI, machine learning, and data analytics to enhance financial access for everyone,” he says. His advice to aspiring technologists is simple yet profound: “Stay curious and never stop learning.” Join Capital One at AfroTech 2024 Capital One is excited to participate in AfroTech 2024, connecting with the talented minds shaping the future of technology. Attendees won’t want to miss Alex and Jared’s session on Thursday, Nov. 14, and are encouraged to stop by the Capital One booth to connect with technologists and enjoy some great swag. Both Alex Wood and Jared Jordan bring diverse experiences and perspectives to their roles at Capital One. For Alex, the journey to Capital One wasn’t linear but a discovery of passion. “Like every good daughter of an immigrant, I wanted to be a doctor or scientist, but I found myself drawn to a broader range of interests, ultimately wanting to make lives better by removing friction and adding delight,” she reflects. Alex’s path, which included experience at startups and multinational organizations, led her to Capital One, where she now leads the HR product and data organization team, designing technology systems that enhance the experience of Capital One associates globally, from recruitment and payroll to talent management and learning. Photo Credit: Courtesy of Capital One
By Kim Anthony September 23, 2024
Meet Sean Teamor and Kyle Freeman, the dynamic duo behind Capital Raising Academy , the ultimate destination for mastering the art of funding and accelerating business growth. The academy has an 8-week program designed to equip entrepreneurs with the expertise to navigate the intricate world of capital raising successfully. Both Sean and Kyle have developed a comprehensive program that was meticulously crafted by seasoned professionals with decades of experience in finance, investment banking, and entrepreneurship. Attendees learn everything from crafting compelling pitches to navigating the complex landscape of investor relations. They also acquire the confidence, knowledge, and resources to secure the capital needed to turn their ambitious dreams into tangible reality. With a keen understanding of the challenges faced by startups and growing businesses, the academy has curated a series of informative training modules meticulously crafted to address every facet of the fundraising journey. Throughout the program, participants are immersed in a dynamic learning environment led by industry experts and seasoned investors. From mastering the art of crafting compelling pitch decks to demystifying the intricacies of valuation and deal structuring, each module is tailored to provide actionable insights and practical strategies that can be immediately applied to real-world scenarios. Capital Raising Academy goes beyond theory, fostering interactive discussions, case studies, and hands-on exercises to ensure that entrepreneurs not only grasp fundamental concepts but also develop the critical thinking skills necessary to adapt and thrive in an ever-evolving landscape. Whether seeking seed funding, venture capital, or exploring alternative financing options, participants emerge from the program empowered with the confidence and expertise needed to successfully raise capital and propel their ventures to new heights. They also do speaking engagements. Both Sean and Kyle have decades of collective experience navigating the complex world of venture capital and raising capital. As educators, they are the ideal speakers to enlighten and empower your attendees. Whether you’re hosting a conference, workshop, or exclusive executive gathering, Sean and Kyle’s expertise will leave a lasting impact. Their dynamic speaking style, coupled with their real-world experiences as successful entrepreneurs and venture capital experts, create an engaging and informative experience that will captivate your audience. Attendees will walk away with the knowledge, tools, and confidence to transform their venture capital aspirations into tangible realities. About the Founders Sean Teamor is a driven and accomplished entrepreneur with a unique blend of military discipline and financial expertise. As an Air Force veteran, Sean brings a strong sense of leadership, integrity, and commitment to his work in the private sector. After transitioning from the military, Sean began his career in the world of venture capital, where he quickly developed a keen understanding of the intricacies involved in raising capital and guiding companies through the process of going public. His natural aptitude for finance and his dedication to learning led him to become a licensed stock broker, enabling him to directly assist companies in achieving their public offering goals. Kyle Freeman got started in business marketing in 1996 in San Diego, California. He was the first field coordinator promoted in the region, in record time. He left the company after several years and became the head trainer of a similar company in the telecom marketing industry. After spending many years with two different companies, he decided to set out on his own. In 2003, he created Juice Marketing, Inc., where he served as President and CEO for the next five years. In that period of time under his leadership the company JMI became JMI Telecom Corp, a publicly traded company and one of the only minority-owned public utilities companies in the country. Learn more about Capital Raising Academy by visiting its official website at CapitalRaisingAcademy.com For press inquiries, media interviews, or to book them for speaking engagements, please contact Connia Walker–Johnson at connia@capitalraisingacademy.com or 503-683-1222.

Women in Business

By UBJ Staff October 19, 2024
Deidre Mathis is once again making history in Houston, Texas as the owner of Wanderstay Boutique Hotel, the city's first adults-only themed hotel. It is another remarkable achievement for Mathis, who also made history in 2018 when she launched the first Black-owned hostel in the United States.
By Kim Anthony September 23, 2024
Once that dream became a reality, first in 2020, when Reaves and her former college roommate became the youngest African American women to ever co-own a property in a major hotel chain and then later when she acquired two more hotels as part of the Indiana-based Nassau Investment Group, the longtime hospitality-industry-worker-turned-real-estate-investor found herself yearning to help others get into the commercial real estate game too. “It’s truly an amazing experience and opportunity, but for decades, it’s been out of reach and limited mostly to those who are extremely wealthy or already experienced in the field,” says Reaves, 36, an Atlanta-based award-winning hotel consultant and asset manager who now boasts an investment portfolio that includes co-ownership of hotels and residential real estate properties totalling $30 million. ”I knew in my heart that I had to do my part to help connect others to these types of lucrative investment opportunities. Tapping into this industry has changed my financial future and transformed my life!” How to accomplish that goal eluded her, until finally a big “ah-ha moment” came in 2021 to create a platform of her own to help others leverage their financial resources; no matter how much or little they had to invest. Federal regulations requiring investors to raise more money to support their endeavors came the same year. The result is Vesterr , Reaves’ newly-launched crowdfunding platform that allows accredited and non-accredited investors to join in on commercial real estate securities opportunities, starting with as little as $5,000. “Think of ‘GoFundMe,’ but for commercial real estate investing,” says Reaves. “We’re the first Black-owned, first woman-owned crowd-funding platform for commercial real estate to include hotels in the country and this is just the beginning! The Vesterr platform connects investors with owners to raise capital.” Reaves says her mission is simple; help others grow their real estate portfolio by giving them access to the funds they need while providing investors with opportunities to invest in securities. Much like traditional crowd-funding platforms, those who sign up for Vesterr may peruse the site in search of investment deals in commercial real estate, including hotels, multi-family, retail space and more, that fit their unique investment needs. A minimum investment amount is listed up front and interested parties must meet a set deadline to contribute to the campaign. Vesterr investors also get to decide between investment projects that are more “hands on” or “hands off.” “This platform is really about creating opportunities for all, but I also want it to provide a space for those who have not traditionally felt welcome or included in this industry, such as women, people of color, young people and so on,” explains Reaves. “You can start with the minimum investment and build up from there. Gone are the days where you had to have tens of thousands of dollars just to get into the game. This is a game-changer!” Client Amina James agrees. She served as general partner for a recent deal, funding a Holiday Inn in Lake Charles, LA. on the Vesterr platform. “We met our fundraising goal and it was a successful raise,” gushes James, 38, of Washington DC. “I give so much credit to Vesterr. It is so easy for investors to ask questions using the Q&A feature on the site. When you put a deal on Vesterr you get great exposure and marketing support too.” James says a broad network of accredited investors, amazing customer service, easy onboarding compared to other platforms and option to use several different investment methods – not just cash – all make Vesterr an excellent choice. The “Black girl magic part,” she says, is a bonus. “I love that Vesterr is Black woman-owned too!” Reaves says success stories like James’ continue to inspire her: ”Whether you're an owner or developer or an experienced investor, Vesterr can assist to make it attainable for you to get funding and add commercial real estate assets to your portfolio. You can have your part of the American dream!” About Vesterr Vesterr is an innovative investment platform that provides access to commercial real estate securities including hotels, multi-family, retail for both retail investors (accredited and non accredited investors). For more information, visit Vesterr.com
By Kim Anthony September 22, 2024
Harmony Major, President and Founder of Excellent Presence , a Black woman-owned web design and marketing agency based in Tampa, Florida, is testing a new initiative to help change-focused companies grow their results and impact faster. It's called "Pay What You Can" and it aims to help BIPOC- and ally-owned companies get better results from their websites, branding, and digital marketing more quickly without massive investments. “Pay What You Can” is the first initiative of its kind in the digital marketing space. Excellent Presence hopes it will prove integral for growing African American-owned businesses in particular, who often find next-level expansion a challenge. Established in 2012, the company helps clients take actions that noticeably boost growth without exhausting their time, energy, or money. Harmony, who is also the company's Lead Performance Strategist, comments, "I know what it's like to crave high-quality help to reach the next level but feel restricted by resources. It’s agonizing. Entrepreneurs working to change the world shouldn’t be limited by our ability to afford top experts. We also shouldn't have to figure it all out on our own." Excellent Presence specializes in serving growing companies that already get traffic and sales, but need to speed results or reach new audiences. That can be hard to do with limited resources. So, “Pay What You Can” connects business owners directly with a Multi-Certified, 20-year Digital Marketing Strategist to build their website, content strategy, and/or marketing plan to reduce barriers to growth. “By intentionally supporting BIPOCs and allies creating change, we hope to start a ‘snowball effect’ of impact," added Harmony. "The goal of 'Pay What You Can' is to make high-quality help accessible to every serious, change-oriented company that wants it. We hope all companies will help spread the word about this initiative.” To learn more about the initiative, interested business owners can book a free consultation online to discuss their needs, goals, or partnership opportunities via the official website at ExcellentPresence.com/CreateChange/

Suppplier Diversity

By Kim Anthony February 11, 2022
LOS ANGELES — Mayor Eric Garcetti and the Los Angeles Business Council today launched the Regional Alliance Marketplace for Procurement (RAMP), a portal that centralizes both public and private procurement opportunities. RAMP will address procurement reform and equitable access to contracting opportunities “Making it easier for small and diverse businesses to have access to more procurement opportunities has always been a core priority to further expand equity in our city,” said Los Angeles Mayor Eric Garcetti. “RAMP has come together with the support of the business community and local organizations, and we are excited for the new opportunities that will be available to all types of small businesses across the region.” RAMP is a unique solicitation portal designed to provide the small business community with a centralized hub for contracting opportunities with the City of Los Angeles, as well as other public and private entities. RAMP expects to make available more than $10 billion in procurement opportunities in its first year. This initiative was made possible through the collaboration of Mayor Garcetti, the Los Angeles City Council, and Los Angeles business leaders and is led by the Mayor’s Chief Procurement Officer. Many of these opportunities are geared for the small and diverse business communities. “More than six years ago, I initiated the Comprehensive Jobs Plan, which prioritized procurement reform, primarily for the benefit of small and disadvantaged businesses,” said Councilmember Paul Krekorian. “RAMP is an extraordinary upgrade to an outdated system, which simplifies the process for businesses of all kinds to contract with the City of LA, especially those that are small, local, and minority and women-owned. It’s fitting that we celebrate the launch of RAMP during Super Bowl week in Los Angeles, the kind of major event that offers numerous opportunities for businesses across the City.” Procurement opportunities will be posted on RAMP on an ongoing basis by public and private organizations including, the City of Los Angeles; Los Angeles County Department of Mental Health, Metropolitan Water District; construction and engineering firms including PCL Construction, Suffolk Construction, WSP, and Burns Group; sports and entertainment organizations including AEG, NFL, and the Los Angeles Dodgers; financial institutions including MUFG and City National Bank; and other large contractors. RAMP will launch on February 18, 2022. Businesses currently enrolled in the City of Los Angeles’ BAVN platform will be automatically transferred into RAMP, and will not need to re-register. To learn more or register, go to rampla.org .
By Kim Anthony February 11, 2022
The retail division of CVS Health will seek diverse businesses and evaluate opportunities in line with its ongoing work to meet the needs of customers. WOONSOCKET, R.I., Feb. 10, 2022 -- CVS Pharmacy today announced its second annual Supplier Diversity & Minority Owned Summit, hosted from April 5 - 8, in partnership with ECRM and RangeMe. This summit is part of CVS Pharmacy's ongoing efforts to bring a broader assortment of products from diverse suppliers and brands to customers – and work with those suppliers and brands to ensure mutual success through customized support and resources. CVS Pharmacy currently carries more than 100 diverse-owned brands across front store categories and is committed to increasing that selection with enhanced merchandising protocols for diverse suppliers. Within beauty and personal care, for example, CVS Pharmacy has made significant strides in amplifying its commitment to build out diverse-owned assortments. It has recently added several new Black-owned brands and nearly 200 items from new and existing Black-owned brands, with many more launching across the category in 2022. "We're at our best when our priorities and actions reflect the needs of the communities we serve," said Andrea Harrison, VP of Merchandising, Beauty & Personal Care at CVS Health. "We'll continue to feature the brands and trends that speak to the diversity of our customers while simultaneously offering the value, innovation and trust they expect from the products across our aisles." The 2022 summit will focus on products across beauty, grocery, personal care, health, wellness, household and general merchandise. Vendors can learn more and apply to join the virtual event by visiting www.rangeme.com/cvsdiversity through February 14, 2022. To further support CVS Pharmacy's commitment to increasing its selection of diverse-owned brands, new tools and processes have been created to ensure increased diverse spend and a more inclusive supplier and product landscape, including: CVS Merchandising, in partnership with the CVS Health Enterprise Procurement Supplier Diversity team, has hosted a Supplier Diversity in Merchandising program annually for the past four years to identify new diverse suppliers and assist in eliminating barriers to starting in retail. CVS Health's Supplier Diversity program hosts an annual Executive Learning Series, which provides training in a wide variety of skills around pitching and landing expanded retail distribution of products, including the opportunity to engage in individualized executive coaching. CVS Pharmacy merchandisers attend supplier diversity advocacy conferences, such as National Minority Supplier Development Council (NMSDC) and Women's Business Enterprise National Council (WBENC), to meet with diverse suppliers. CVS Pharmacy works to reinforce the diversity of both product assortment and suppliers throughout its planogram process to deliver relevant offerings to the communities it serves. Additionally, with the goal of achieving mutual success, CVS Pharmacy offers unique opportunities to smaller diverse suppliers entering mass retail, including: Providing resources, training and mentoring for new and/or growing diverse suppliers as they gain a foothold in the retail environment. Developing refreshed intake forms to ensure specific supplier needs are appropriately flagged and accommodated. At this Supplier Diversity & Minority Owned Summit, all sourcing and product submissions will be made through RangeMe , the industry-standard online product discovery and sourcing platform. ECRM will then create curated meeting schedules and facilitate face-to-face virtual meetings with the merchants, so that suppliers can present new and innovative products and solutions for CVS Pharmacy customers. All meetings will be conducted on ECRM's virtual meeting platform, ECRM CONNECT, on April 5 - 8. ECRM's team will help ensure that the meetings are executed with the utmost efficiency. About CVS Pharmacy CVS Pharmacy, the retail division of CVS Health , is America's leading retail pharmacy with nearly 10,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores. We are committed to delivering innovative health solutions that create a simpler, more accessible experience for patients, customers, and caregivers. CVS Pharmacy is the only national pharmacy to remove tobacco products from its shelves and has taken a leadership role in responding to the COVID-19 pandemic by making testing and vaccinations available at locations across the United States. For the latest product and service offerings, visit www.cvs.com or download the CVS App .
By Kim Anthony October 25, 2021
The company’s $2.4 billion in purchases of goods and services from minority and small businesses contributed more than $3.5 billion to the economy ROSEMEAD, CA—Southern California Edison recorded 37.66% of its corporate purchases, or $2.4 billion in spending, with more than 600 small and diverse businesses in 2020. The company’s contracting with these companies had an economic impact of more than $3.5 billion and sustained more than 23,000 jobs. This is according to SCE’s 2020 Supplier Diversity Economic Impact Report , prepared by data consultancy supplier.io, which helps companies evaluate the real-world effects of their spending in their communities and beyond. Importantly, SCE provides technical assistance and guidance that help minority-, women-, disabled veteran- and LGBT-owned businesses develop capabilities that will let them meet the company’s specific demands. “After partnering with small and diverse firms for more than four decades, we’ve known that our Supplier Diversity Program brings economic benefits to not only our 600-plus suppliers, but also the regional economies where they do business,” said Kevin Payne, SCE president and CEO. “We’ve heard over the years countless stories from diverse suppliers about the positive effects our supplier diversity and technical assistance programs have on them.” The report states that SCE’s $3.5 billion economic impact — pertaining only to its spending with diverse suppliers — is the sum of three effects: direct purchases by SCE from its small, minority, women, disabled veteran and LGBT suppliers; indirect activities within these companies’ supply chains; and the induced effects that result as employees of these companies, and those of companies within their supply chains, spend their wages in the wider consumer economy. For more information, including details of the report’s methodology, see the Supplier Diversity Economic Impact Report . About Southern California Edison An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

Trending News

By Kim Anthony November 13, 2024
Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in the 41st Annual National Minority Enterprise Development (MED) Week, where they honored the achievements of U.S. minority -owned business enterprises. Together they reaffirmed the Biden-Harris Administration’s commitment to advancing economic equity and equality and ensuring that minority-owned businesses have the access to capital, technical assistance, and more to help them scale.  Held this year in conjunction with the 2024 National Minority Supplier Development Council’s (NMSDC) Annual Conference in Atlanta, the Minority Business Development Agency’s (MBDA) MED Week is a celebration of the talent and ingenuity of the innovators and entrepreneurs who run our Nation’s minority-owned businesses. Minority-owned businesses add incredible value to our economy, generating nearly $2 trillion in revenue annually and generating tremendous consumer loyalty within their communities. Over the last three years, a record number of Americans have started new businesses, with Black and Latino business ownership growing at their fastest rates in 30 years. To date, 16 million jobs have been created under the Biden-Harris Administration. During a fireside chat with NMSDC CEO and President Ying McGuire, Secretary Raimondo stressed the critical role minority businesses play in driving economic growth and the need to ensure this growth remains inclusive. “I firmly believe that our diversity is our greatest strength,” she said. “We will fail to meet our full potential as a Nation unless we harness the talents and strengths of all parts of the country, including people of color, women, and others who are too often left behind.” At an earlier session, Deputy Secretary Don Graves participated in a panel dialogue with cabinet-level and Federal executives on federal investments that support and empower minority business enterprises across the Nation. During the panel, he discussed his role as the Chair of the Interagency Community Investment Committee (ICIC). The ICIC has played a vital role in ensuring that communities know about the federal investments that are available to them and have direct access to the resources, tools, and technical assistance they need to participate and thrive in the economy. Vice President Harris launched the ICIC three years ago, to ensure that billions of dollars of investment flow to and through America’s communities. “The Biden-Harris Administration remains committed to ensuring that minority-owned businesses have access to the resources they need to thrive and grow,” said Deputy Secretary Graves. “If we’re going to out-compete and out-innovate, we need to use the full force of the economy. Everyone will need to participate.” Through funding provided by the Inflation Reduction Act and the CHIPS and Science Act, the Department of Commerce is working to ensure that minority-owned businesses benefit from the billions of dollars that are being invested in the Nation’s infrastructure, manufacturing, and clean energy industries. Key programs include CHIPS for America , Tech Hubs , and the Good Jobs Challenge . These programs are creating thousands of new and good-paying jobs for American workers and providing long-awaited resources and training to communities across America. Last year, MBDA launched the Capital Readiness Program , the largest-ever investment supporting underserved entrepreneurs. MBDA is investing $125 million to launch 43 business incubators and accelerators designed to help minority and underserved entrepreneurs launch and grow their businesses. As part of MED Week, the MED Week awards were presented to businesses, organizations, and individuals for exceptional contributions to minority business growth. The awards are the highest national recognition a minority-owned firm can receive from the U.S. Department of Commerce. For more information, see President Biden’s Proclamation for Minority Enterprise Development Week, 2024.
By Kim Anthony November 9, 2024
As AfroTech 2024 approaches, anticipation is high for discussions celebrating Black excellence in technology. This year, Capital One, known for its leadership in tech innovation and commitment to diversity, will take center stage with a workshop on technology and product management. Leading this session are Alexandra “Alex” Wood, Vice President of Product, and Jared Jordan, Managing Vice President—two visionary leaders advancing Capital One’s tech landscape and exemplifying the company’s dedication to empowering Black talent and pushing technological boundaries. Jared Jordan brings a wealth of experience from industry giants like Google, YouTube, and Netflix, where he led groundbreaking engineering initiatives. At Capital One, Jared focuses on customer identity, data management, and messaging systems, helping protect against fraudulent activity and ensuring customers receive timely communications through their preferred channels. “Capital One’s mission to change banking for good resonates deeply with me,” he shares. “Financial freedom and access are essential to building a more equitable world, and Capital One’s commitment to both technology and diversity made it an easy choice for me.” A Commitment to Diversity and Innovation What distinguishes Capital One is its dedication to integrating diversity at the core of its tech initiatives, a value both Alex and Jared passionately uphold. “In many organizations, HR is seen as a back-office function, but at Capital One, we recognize that to change banking for good, we need to invest in the best people and create the infrastructure that allows them to thrive,” Alex explains. Capital One’s Blacks in Tech (BIT) Business Resource Group is committed to supporting, educating, and inspiring Black technologists at every stage of their careers. BIT aims to amplify its members’ voices, strengthen Capital One’s inclusive culture, and attract top talent from diverse backgrounds. Meet the Leaders: Alex Wood and Jared Jordan Jared echoes the significance of diversity in fueling innovation, emphasizing that building diverse products requires diverse teams. “At Capital One, we’re putting our resources where our values are, ensuring long-term success for our company and our communities,” he states. Jared believes that Capital One sets a standard for inclusivity in tech, particularly through its responsible application of data analytics and artificial intelligence (AI) to improve access and outcomes for all. What to Expect at AfroTech 2024 AfroTech 2024 attendees can look forward to an insightful workshop led by Alex and Jared, where they will delve into Capital One’s technology strategies and product management frameworks. “Our goal is to show that no matter what you look like, where you come from, or what your background is, you can make an impact in tech,” Jared shares. He and Alex will provide insights into aligning product and technology to drive innovation and deliver value. The workshop is designed not only as a learning experience but as an opportunity to inspire and empower. “Building great technology and products is a team sport,” Alex adds. “We want to help attendees see that everyone brings unique strengths to the table, and when those strengths come together, magic happens.” Looking Ahead: The Future of Tech at Capital One Both leaders are optimistic about Capital One’s future. Alex is enthusiastic about creating consumer-grade experiences for Capital One’s associates, envisioning internal processes that are as seamless and engaging as top digital platforms. “Imagine a world where we know what you’re great at and can match you with the perfect role and team,” she envisions. For Jared, the future involves pushing the limits of financial technology while keeping inclusivity at the forefront. “I see Capital One leading in AI, machine learning, and data analytics to enhance financial access for everyone,” he says. His advice to aspiring technologists is simple yet profound: “Stay curious and never stop learning.” Join Capital One at AfroTech 2024 Capital One is excited to participate in AfroTech 2024, connecting with the talented minds shaping the future of technology. Attendees won’t want to miss Alex and Jared’s session on Thursday, Nov. 14, and are encouraged to stop by the Capital One booth to connect with technologists and enjoy some great swag. Both Alex Wood and Jared Jordan bring diverse experiences and perspectives to their roles at Capital One. For Alex, the journey to Capital One wasn’t linear but a discovery of passion. “Like every good daughter of an immigrant, I wanted to be a doctor or scientist, but I found myself drawn to a broader range of interests, ultimately wanting to make lives better by removing friction and adding delight,” she reflects. Alex’s path, which included experience at startups and multinational organizations, led her to Capital One, where she now leads the HR product and data organization team, designing technology systems that enhance the experience of Capital One associates globally, from recruitment and payroll to talent management and learning. Photo Credit: Courtesy of Capital One
By Kim Anthony November 7, 2024
In the bustling heart of California’s Inland Empire, the Caltrans District 8 Small Business office is paving the way for small businesses, disadvantaged business enterprises (DBEs), and disabled veteran business enterprises (DVBEs) to thrive. With a commitment to equity and economic development, this program offers invaluable resources for entrepreneurs and veteran-owned companies eager to participate in state and federal contracting. For Caltrans, small business is more than just a priority—it's the backbone of its procurement mission. Leveling the Playing Field: DBE and DVBE Programs Caltrans District 8 has set ambitious goals to include DBEs in federally funded projects, aiming for a 22.2% DBE participation rate. This certification process ensures that DBEs with social and economic disadvantages have a fair shot in a competitive landscape. DBE firms must meet strict eligibility standards based on ownership, control, personal net worth, and business size, providing them with opportunities to contribute meaningfully to state projects. In addition to DBE support, Caltrans promotes inclusivity for small businesses and DVBEs through state-funded projects. The agency has committed to achieving a 25% small business (SB) and a 5% DVBE participation rate in these projects, reflecting its dedication to empowering entrepreneurs and veteran-owned companies. By doing so, Caltrans not only bolsters local economies but also enriches the fabric of California’s workforce with diverse talents and perspectives. Education and Outreach: Building Skills, Expanding Networks Recognizing the importance of knowledge and networking, the Caltrans District 8 Small Business office hosts an array of educational events throughout San Bernardino and Riverside Counties. These gatherings—such as the Surety (Bonding) Workshop, “How To Do Business With Caltrans” sessions, DBE and SB/DVBE certification workshops, and pre-bid meetings—equip businesses with the tools needed to succeed in state contracting. Through these events, Caltrans aims to create a well-informed, prepared small business community ready to navigate the intricacies of public sector procurement. Tools for Success: Practical Resources for Small Businesses For those looking to take the plunge into state contracting, Caltrans District 8 offers a suite of practical tools. Resources like Contractor’s Corner provide insights into project advertisements, bidding processes, and awards, while the Department of General Services’ eProcurement portal simplifies doing business with the state. The dedicated support for DBEs, DVBEs, and small businesses is a testament to Caltrans’ commitment to fostering a diverse supplier base. To further drive small business success, Caltrans adheres to Government Code Section 14110.3, which sets a 25% participation goal for certified small businesses in non-federal contracts. When this goal applies, small business preferences are visibly displayed on advertised projects, signaling to contractors and small firms alike that Caltrans is serious about meeting its targets. This emphasis on inclusive practices is instrumental in helping small businesses build their portfolios and strengthen their foothold in the industry. How to Get Involved For small businesses and DBEs interested in the opportunities Caltrans provides, the first step is simple: reach out. The Caltrans District 8 Small Business Program is accessible, supportive, and ready to answer questions from prospective contractors. With a dedicated contact at the District 8 Small Business Program office and resources available through the Office of Construction Contract Awards, Caltrans makes it easy for businesses to take the leap. For questions or assistance, interested parties can email the District 8 Small Business Program at d8smallbusiness@dot.ca.gov or call the Office of Construction Contract Awards at 916-227-6299. As the landscape of California’s infrastructure continues to grow, so too does the role of small and disadvantaged businesses in shaping its future. Through Caltrans District 8’s Small Business office, the agency has set the stage for greater diversity, innovation, and economic opportunity within the state's procurement ecosystem. By empowering small businesses, Caltrans is driving not just the roads and highways, but the communities they serve, toward a brighter, more inclusive future.
By Kim Anthony November 7, 2024
SACRAMENTO, CA — In the heart of Sacramento, a powerful advocate for Black business owners and professionals has been fostering economic empowerment and community development for nearly four decades. Established in 1984, the Sacramento Black Chamber of Commerce (SBCC) stands as a pillar of support, uniting African American entrepreneurs, innovators, and professionals. With a vision for lasting economic structure, SBCC is a network of high-energy professionals, all dedicated to advancing the economic, cultural, and civic well-being of Sacramento’s African American community. At its core, SBCC’s mission is about more than just business—it’s about achieving sustainable economic development for Black communities across the region. Through a host of benefits, networking opportunities, educational resources, and advocacy initiatives, SBCC paves the way for members to grow their businesses, expand their influence, and build a supportive professional network that champions their success. Unlocking Opportunity: Member Benefits that Propel Business Growth SBCC offers a rich array of resources and opportunities, starting with its commitment to robust business networking. The Chamber’s regular mixers and events, featuring guest speakers and workshops, create spaces for members to connect, share ideas, and foster new partnerships. These events, alongside collaborations with other African American organizations, strengthen community ties and open doors for professional and personal growth. For businesses seeking workspaces, SBCC provides access to its conference room, available for business meetings and professional use. Members also gain direct business referrals from SBCC staff, who connect them with clients and partners, creating a bridge between Black-owned businesses and Sacramento’s broader business community. But SBCC’s support doesn’t stop there. The Chamber prioritizes entrepreneur education and training, sponsoring seminars on topics such as accessing capital, effective governmental policy, and business matchmaking. SBCC members gain critical business insights and are equipped with the skills needed to thrive in partnerships with organizations like SMUD, Sacramento Regional Transit, and the City of Sacramento. Marketing and Promotion: Elevating Sacramento’s Black-Owned Businesses In a world where visibility is key, SBCC amplifies its members through a variety of marketing and online promotions. Members are spotlighted in the Chamber’s e-newsletter, featured in an online directory, and introduced at New Member Orientations, giving each business a platform to present its unique strengths to a larger audience. The Chamber’s website further promotes member businesses with strategically placed banner ads, event promotions, and email blasts that keep the SBCC community informed and engaged. SBCC also offers member-to-member discounts, encouraging cross-support within the network, and provides advertising opportunities that help businesses gain further exposure within the Sacramento community. This comprehensive marketing support is designed to give members a competitive edge in the local market while nurturing a collaborative spirit within the Chamber. Advocacy, Community, and Beyond: The Broader Impact of SBCC Beyond business support, SBCC champions policy education, advocacy, and community engagement. The Chamber tackles issues that impact African American businesses and fosters a space where members can learn about and advocate for policies that support economic equity and inclusivity. Through these efforts, SBCC has become a voice for Sacramento’s African American community, promoting an environment where businesses can thrive and contribute to the city’s economic and cultural landscape. As SBCC approaches its 40th anniversary, its legacy is clear: a steadfast commitment to uplifting Sacramento’s African American business community. Through advocacy, resources, and a focus on economic empowerment, the Sacramento Black Chamber of Commerce remains a beacon of opportunity, a foundation of support, and a bridge to a brighter, more inclusive future for all.
By Kim Anthony November 7, 2024
Join the Sacramento Black Chamber of Commerce for its 39th Annual Board Installation and Awards Dinner, a celebration of leadership, excellence, and community achievements. This special evening will honor distinguished business and community leaders who have made significant contributions to Sacramento and will also welcome the newly appointed board members. Guests will enjoy an inspiring program, valuable networking opportunities, and the chance to connect with prominent entrepreneurs, civic leaders, and innovators. From seasoned professionals to those beginning their journey, attendees can celebrate progress and be inspired by individuals making a difference. The evening will include a delectable dinner, live entertainment, and a celebration of the best of Sacramento’s Black business community. Key Highlights: Installation of the Board of Directors, who will shape policies and oversee the Chamber Foundation. Fundraising for the Young Leadership Collaborative (YLC), which has prepared nearly 300 young adults (ages 16–23) for entrepreneurship, financial literacy, and leadership since 2009. Presentation of awards in the categories of Non-Profit of the Year, Small Business of the Year, and Champion of the Year. Sponsorship and Ticket Details: Individual tickets, tables, and sponsorship packages are available. Each sponsorship includes a table for eight. For sponsorship requests or questions, email info@sacblackchamber.org . Sponsorship deadline is November 29, 2024. Reserve a spot today for an unforgettable night of celebration, inspiration, and community support!
By Kim Anthony October 27, 2024
​HOLLYWOOD, Calif. (Oct. 27, 2024) – Governor Gavin Newsom today proposed expanding California’s Film & Television Tax Credit Program from the current $330 million annual allocation to $750 million annually. The massive increase to the program, which is administered by the California Film Commission (CFC), would allow California to outpace other states offering tax credits, luring more entertainment industry projects back to the Golden State. “California is the entertainment capital of the world, rooted in decades of creativity, innovation and unparalleled talent,” Governor Newsom said. “Expanding this program will help keep production here at home, generate thousands of good paying jobs, and strengthen the vital link between our communities and the state’s iconic film and TV industry.” “California needs to keep pace with competing states and nations in providing aggressive tax incentives,” said Colleen Bell, Director of the California Film Commission. “The Governor’s bold plan will accelerate these efforts and assure California remains the production center of the entertainment industry.” The economic value of increased production pays dividends on many fronts: A study of the tax credit program found that, for every tax credit dollar approved, it generated and created at least $24.40 in output , $16.14 in GDP, $8.60 in wages, and $1.07 in initial state and local tax revenue resulting from production in the state. Since its inception in 2009, California’s Film & Television Tax Credit Program has generated over $26 billion in economic activity and supported more than 197,000 cast and crew jobs across the state. According to Bell, the program has been oversubscribed year after year, with more productions applying than can be accommodated under the current budget cap. The results have been tangible. In recent years, projects unable to secure California’s tax credits moved to other locations. That migration caused significant economic losses, with an estimated 71% of rejected projects subsequently filming out-of-state . Many other projects chose not to apply due to the limited funding, suggesting that total runaway production losses are likely much higher. For example, between 2020 and 2024, data shows California lost an estimated $1.6 billion in production spending due to limited tax credit funding , directly impacting state jobs and local economies. Despite these challenges, the CFC has enjoyed some major recent wins through the tax credit program, including: September 2024: Indie films and “Suits LA. ” $51.6 million to support 19 projects, including 15 independent Expected to generate $284.4 million in spending, with $112.1 million allocated to wages, and over 3,800 jobs. July 2024: Five new TV projects, including HBO’s “Latitude” and 20th Television’s “All’s Fair.” $58 million in tax credits went to five television projects, which was expected to generate $386 million across 438 filming Estimated to support 15,869 background performers, 1,196 crew members, and 685 cast members. March 2024: Amazon’s Fallout relocated to California . $152 million in tax credits went to 12 projects, including Fallout’s second season relocating from New York. Projected to bring in over $1.1 billion in spending across the state and support 4,500 cast and crew members, plus 50,000 background performer days. December 2023: The Mandalorian & Grogu to film in With a total of $400 million allocated to 15 projects, including Lucasfilm’s The Mandalorian & Grogu alone that was set to inject $166 million into California’s economy. Nearly 20,000 jobs created, including 2,252 crew and 598 cast. Other productions included “The Accountant 2” by Amazon Studios, “Untitled 20th Film,” Disney’s untitled live-action feature. In 2023, Governor Newsom signed a five-year extension of the program, including new workforce diversity provisions , more funding for the Pilot Career Pathways Training Program , and the nation’s first Safety on Production Pilot Program . Furthermore, tax credits will become refundable for the first time since the program’s inception in 2009, beginning with the 2025-26 fiscal year, with Program 4.0 set to commence on July 1, 2025.
By UBJ Staff October 21, 2024
In an era where the lines between profit and purpose are increasingly blurred, businesses that focus on social entrepreneurship are transforming the way we think about community development. These ventures are designed not only to generate revenue but to address societal challenges in innovative ways. One such example is Care Staffing Professionals , a healthcare staffing company that contributes significantly to the social and economic resilience of underserved communities. By focusing on critical needs like healthcare access and job creation, this business model exemplifies how strategic entrepreneurship can build stronger, more resilient communities. Central to this mission is the involvement of the Lampkin Foundation , which helps amplify the social impact through community-focused initiatives and programs. Addressing Healthcare Needs in Underserved Areas Access to healthcare is a fundamental issue that disproportionately affects underserved communities. Many rural or economically disadvantaged regions face persistent shortages in healthcare staff, limiting their ability to provide adequate medical care. Care Staffing Professionals has stepped in to address this gap, providing healthcare facilities with the personnel they need to serve their patients. By supplying these essential workers, the company ensures that even the most vulnerable populations can receive the care they need, contributing to the overall health and stability of these communities. Beyond simply filling vacancies, the company adopts a strategic approach to ensure that its placements align with the needs of each facility and community. By focusing on areas where healthcare is most needed, Care Staffing Professionals helps reduce the disparities that often leave low-income populations with inadequate access to medical services. This approach also improves long-term health outcomes by creating a more stable healthcare infrastructure in areas that traditionally suffer from neglect. In doing so, the company plays a crucial role in fostering community resilience, ensuring that residents have access to consistent, quality healthcare. Economic Empowerment Through Job Creation Another significant way in which Care Staffing Professionals contributes to community resilience is through job creation. Employment is one of the most direct pathways to economic stability, and by creating jobs in the healthcare sector, the company provides individuals with opportunities for financial independence and career growth. Many of the positions offered through Care Staffing Professionals cater to individuals from underserved backgrounds, providing them with meaningful employment that offers not only a steady income but also the chance to develop new skills. These job opportunities are particularly impactful in economically disadvantaged regions where unemployment rates are often high, and career advancement opportunities are limited. By offering stable employment, the company helps lift individuals out of poverty and creates a ripple effect that strengthens the local economy. As more people gain access to steady jobs, local businesses benefit from increased spending power, further contributing to the economic resilience of the community. Additionally, the company prioritizes professional development, ensuring that its employees have access to training and resources that enable them to advance in their careers. This emphasis on growth fosters a cycle of empowerment, where workers are not only filling immediate job needs but are also building long-term careers. This model of job creation and development is key to fostering a resilient workforce that can adapt to changing economic conditions and continue contributing to their communities for years to come. Strengthening Community Ties Through Collaboration Social entrepreneurship often relies on collaboration to maximize its impact, and Care Staffing Professionals is no exception. The company works closely with healthcare providers, local governments, and community organizations to ensure that its efforts are aligned with the needs of the populations it serves. By engaging with stakeholders across various sectors, the company can tailor its services to address specific challenges within each community, whether that involves staffing shortages in hospitals or providing training programs for aspiring healthcare professionals. This collaborative model strengthens the social fabric of the communities served, building trust and cooperation among residents, healthcare providers, and other key stakeholders. As these relationships deepen, the communities become more resilient, better equipped to face future challenges, and more capable of sustaining long-term growth. Building a Sustainable Model for the Future One of the most compelling aspects of social entrepreneurship is its focus on sustainability. Unlike traditional businesses, which may prioritize short-term profits, companies like Care Staffing Professionals build their models around long-term social impact. By addressing healthcare needs and providing stable employment, the company creates a foundation for sustainable growth within underserved communities. The emphasis on sustainability also extends to environmental and social considerations. As healthcare providers become more integrated into these communities, they are better positioned to deliver preventive care, reducing the long-term strain on healthcare systems. Moreover, as residents become more economically empowered, they are more likely to invest in their own communities, fostering local development that benefits future generations. Through its efforts, Care Staffing Professionals demonstrates that social entrepreneurship is not just about addressing immediate needs but about creating the conditions for long-term resilience. This focus on sustainability ensures that the benefits of the company’s work will continue to be felt for years to come, contributing to a healthier, more economically stable future for underserved populations. The Power of Social Entrepreneurship The work of Care Staffing Professionals exemplifies the transformative power of social entrepreneurship. By addressing critical issues like healthcare access and economic empowerment, the company plays a vital role in building resilient communities. Through strategic collaboration, job creation, and a focus on sustainability, this business model offers a roadmap for how companies can make a lasting social impact while remaining financially successful. The involvement of foundations and community-focused initiatives further amplifies this impact, ensuring that community-driven programs remain at the forefront of the company’s mission. Together, these efforts demonstrate that social entrepreneurship is not just about doing good; it’s about creating sustainable, long-term solutions that empower individuals and uplift entire communities.
By UBJ Staff October 19, 2024
Deidre Mathis is once again making history in Houston, Texas as the owner of Wanderstay Boutique Hotel, the city's first adults-only themed hotel. It is another remarkable achievement for Mathis, who also made history in 2018 when she launched the first Black-owned hostel in the United States.
By Cherish H. October 14, 2024
(Left to right) Rhonesia Perry - The Gentleman’s Society, Board Advisor, Crystal Anthony - The Gentleman’s Society, Committee Chair, Vanessa Tilford - SoCal Trades, President and Damien Halliburton - The Gentleman’s Society, President and CEO In an exciting new collaboration, the SoCal Trades Tour and The Gentleman’s Society have joined forces to bring career pathways and college opportunities to students across the San Gabriel Valley. This strategic partnership recently culminated in a five-day tour, reaching six high schools and impacting over 6,000 students, making a substantial impact on the future workforce. During the October 11th event hosted at South Hills High School, nearly 50 exhibitors engaged with students, providing hands-on insights into various career options. Among the exhibitors were key government agencies such as the FBI, Marine Corps, and Army recruiters, alongside local businesses within 15 miles of the school. The proximity of job opportunities allows students easy access. This powerhouse partnership between the Gentleman’s Society and SoCal Trades Tour will assist students in both their personal and professional development. Damien Halliburton, President and CEO of The Gentleman’s Society, highlighted the importance of this initiative for boys of color, who are often overlooked in traditional career outreach efforts. “This was an optimal opportunity for our organization to connect with young men who need guidance and support as they navigate both life and career decisions,” Halliburton said. His organization is dedicated to offering mentorship and professional development to help students build a solid foundation for future success. The tour drew attention from educational administrators, including a representative from Jurupa Valley Unified School District and Moreno Valley, who visited the event to observe its impact and explore opportunities for their districts. Vanessa Tilford, owner of SoCal Trades Tour, shared her enthusiasm for the event’s success and its potential for expansion. “We have the capacity for more exhibitors, and we are the first to leverage technology to connect students and businesses, making it easy to follow up and track each student’s progress,” Tilford explained. This innovative approach aims to help students maintain meaningful connections with employers and open doors for future opportunities. Together, SoCal Trades Tour and The Gentleman’s Society are eager to expand their reach across Southern California to continue fostering opportunities for students. For more information about becoming an exhibitor and how to schedule your school site; email info@gotgs.org . Feel free to visit www.socaltradestours.org and www.gotgs.org for more information. This event not only highlights the commitment to creating pathways for students but also reinforces the vital role that strategic partnerships play in shaping the future workforce throughout the SoCal region.
By Rhonesia Perry October 12, 2024
(Left to right) Damien Halliburton, and Isaac Lowery, President and Vice-President, respectively, of the Gentleman’s Society | Photo credit: Rhonesia Perry The National Black MBA Association - Los Angeles Chapter recently held its prestigious annual Awards Gala, a highly anticipated event that honors influential business leaders, investors, and equity change-makers. This year’s gala, which raised more than $30,000 in scholarships for students at different stages of their academic journeys, highlighted the chapter’s commitment to fostering future business professionals. One of the most notable moments of the evening was the recognition of Isaac Lowery , Vice President of the Gentleman’s Society, as Chapter Member of the Year. This award is a rare honor, given only to individuals who demonstrate a servant’s heart and a deep commitment to the organization’s mission. Lowery’s dedication to serving in various roles within the chapter was highlighted as a prime example of selfless leadership. One of the awardees and notable speaker, venture capitalist Arlan Hamilton , left a lasting impression on the crowd of MBA professionals with her empowering message. “Be yourself so other people can find you,” Hamilton told the audience, sharing her personal journey and her inspiring goal of cultivating and funding 100 millionaires. Hamilton’s words resonated deeply, especially with those who are pursuing entrepreneurial ventures. Her mission to invest in diverse entrepreneurs emphasized the importance of organizations that actively support personal and professional growth. Damien Halliburton , President of the Gentleman’s Society, also shared his thoughts, recognizing the gala as a powerful platform for building lasting partnerships. The event stood as a reminder that collaborations between leaders and rising stars are essential for sustaining the progress and success of the Black business community. This year’s gala was not just a celebration of individual achievements but a reflection of the collective effort to elevate Black professionals in business, while making significant contributions to the next generation of leaders. The event was an inspiring testament to the impact that intentional community building and advocacy can have in shaping a brighter future. For more information on how to join the National Black MBA - Los Angeles Chapter go: https://nbmbaa.org/joinnbmbaa/ To learn more about Gentleman's society contact: Join@GoTGS.org

 Damola Adamolekun, CEO, Red Lobster

Kerry Washington is adding tech investor to her already impressive resume by backing Spill, the Black-owned social media platform built to foster inclusivity and real-time cultural conversations. “In a digital world where marginalized groups, especially Black, Brown, and LGBTQIA folks, rarely feel prioritized, Spill stands out,” Washington told TechCrunch. “I’m proud to be part of this community as both a user and an investor.”


News & Features

By Kim Anthony November 13, 2024
Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in the 41st Annual National Minority Enterprise Development (MED) Week, where they honored the achievements of U.S. minority -owned business enterprises. Together they reaffirmed the Biden-Harris Administration’s commitment to advancing economic equity and equality and ensuring that minority-owned businesses have the access to capital, technical assistance, and more to help them scale.  Held this year in conjunction with the 2024 National Minority Supplier Development Council’s (NMSDC) Annual Conference in Atlanta, the Minority Business Development Agency’s (MBDA) MED Week is a celebration of the talent and ingenuity of the innovators and entrepreneurs who run our Nation’s minority-owned businesses. Minority-owned businesses add incredible value to our economy, generating nearly $2 trillion in revenue annually and generating tremendous consumer loyalty within their communities. Over the last three years, a record number of Americans have started new businesses, with Black and Latino business ownership growing at their fastest rates in 30 years. To date, 16 million jobs have been created under the Biden-Harris Administration. During a fireside chat with NMSDC CEO and President Ying McGuire, Secretary Raimondo stressed the critical role minority businesses play in driving economic growth and the need to ensure this growth remains inclusive. “I firmly believe that our diversity is our greatest strength,” she said. “We will fail to meet our full potential as a Nation unless we harness the talents and strengths of all parts of the country, including people of color, women, and others who are too often left behind.” At an earlier session, Deputy Secretary Don Graves participated in a panel dialogue with cabinet-level and Federal executives on federal investments that support and empower minority business enterprises across the Nation. During the panel, he discussed his role as the Chair of the Interagency Community Investment Committee (ICIC). The ICIC has played a vital role in ensuring that communities know about the federal investments that are available to them and have direct access to the resources, tools, and technical assistance they need to participate and thrive in the economy. Vice President Harris launched the ICIC three years ago, to ensure that billions of dollars of investment flow to and through America’s communities. “The Biden-Harris Administration remains committed to ensuring that minority-owned businesses have access to the resources they need to thrive and grow,” said Deputy Secretary Graves. “If we’re going to out-compete and out-innovate, we need to use the full force of the economy. Everyone will need to participate.” Through funding provided by the Inflation Reduction Act and the CHIPS and Science Act, the Department of Commerce is working to ensure that minority-owned businesses benefit from the billions of dollars that are being invested in the Nation’s infrastructure, manufacturing, and clean energy industries. Key programs include CHIPS for America , Tech Hubs , and the Good Jobs Challenge . These programs are creating thousands of new and good-paying jobs for American workers and providing long-awaited resources and training to communities across America. Last year, MBDA launched the Capital Readiness Program , the largest-ever investment supporting underserved entrepreneurs. MBDA is investing $125 million to launch 43 business incubators and accelerators designed to help minority and underserved entrepreneurs launch and grow their businesses. As part of MED Week, the MED Week awards were presented to businesses, organizations, and individuals for exceptional contributions to minority business growth. The awards are the highest national recognition a minority-owned firm can receive from the U.S. Department of Commerce. For more information, see President Biden’s Proclamation for Minority Enterprise Development Week, 2024.
By Kim Anthony November 9, 2024
As AfroTech 2024 approaches, anticipation is high for discussions celebrating Black excellence in technology. This year, Capital One, known for its leadership in tech innovation and commitment to diversity, will take center stage with a workshop on technology and product management. Leading this session are Alexandra “Alex” Wood, Vice President of Product, and Jared Jordan, Managing Vice President—two visionary leaders advancing Capital One’s tech landscape and exemplifying the company’s dedication to empowering Black talent and pushing technological boundaries. Jared Jordan brings a wealth of experience from industry giants like Google, YouTube, and Netflix, where he led groundbreaking engineering initiatives. At Capital One, Jared focuses on customer identity, data management, and messaging systems, helping protect against fraudulent activity and ensuring customers receive timely communications through their preferred channels. “Capital One’s mission to change banking for good resonates deeply with me,” he shares. “Financial freedom and access are essential to building a more equitable world, and Capital One’s commitment to both technology and diversity made it an easy choice for me.” A Commitment to Diversity and Innovation What distinguishes Capital One is its dedication to integrating diversity at the core of its tech initiatives, a value both Alex and Jared passionately uphold. “In many organizations, HR is seen as a back-office function, but at Capital One, we recognize that to change banking for good, we need to invest in the best people and create the infrastructure that allows them to thrive,” Alex explains. Capital One’s Blacks in Tech (BIT) Business Resource Group is committed to supporting, educating, and inspiring Black technologists at every stage of their careers. BIT aims to amplify its members’ voices, strengthen Capital One’s inclusive culture, and attract top talent from diverse backgrounds. Meet the Leaders: Alex Wood and Jared Jordan Jared echoes the significance of diversity in fueling innovation, emphasizing that building diverse products requires diverse teams. “At Capital One, we’re putting our resources where our values are, ensuring long-term success for our company and our communities,” he states. Jared believes that Capital One sets a standard for inclusivity in tech, particularly through its responsible application of data analytics and artificial intelligence (AI) to improve access and outcomes for all. What to Expect at AfroTech 2024 AfroTech 2024 attendees can look forward to an insightful workshop led by Alex and Jared, where they will delve into Capital One’s technology strategies and product management frameworks. “Our goal is to show that no matter what you look like, where you come from, or what your background is, you can make an impact in tech,” Jared shares. He and Alex will provide insights into aligning product and technology to drive innovation and deliver value. The workshop is designed not only as a learning experience but as an opportunity to inspire and empower. “Building great technology and products is a team sport,” Alex adds. “We want to help attendees see that everyone brings unique strengths to the table, and when those strengths come together, magic happens.” Looking Ahead: The Future of Tech at Capital One Both leaders are optimistic about Capital One’s future. Alex is enthusiastic about creating consumer-grade experiences for Capital One’s associates, envisioning internal processes that are as seamless and engaging as top digital platforms. “Imagine a world where we know what you’re great at and can match you with the perfect role and team,” she envisions. For Jared, the future involves pushing the limits of financial technology while keeping inclusivity at the forefront. “I see Capital One leading in AI, machine learning, and data analytics to enhance financial access for everyone,” he says. His advice to aspiring technologists is simple yet profound: “Stay curious and never stop learning.” Join Capital One at AfroTech 2024 Capital One is excited to participate in AfroTech 2024, connecting with the talented minds shaping the future of technology. Attendees won’t want to miss Alex and Jared’s session on Thursday, Nov. 14, and are encouraged to stop by the Capital One booth to connect with technologists and enjoy some great swag. Both Alex Wood and Jared Jordan bring diverse experiences and perspectives to their roles at Capital One. For Alex, the journey to Capital One wasn’t linear but a discovery of passion. “Like every good daughter of an immigrant, I wanted to be a doctor or scientist, but I found myself drawn to a broader range of interests, ultimately wanting to make lives better by removing friction and adding delight,” she reflects. Alex’s path, which included experience at startups and multinational organizations, led her to Capital One, where she now leads the HR product and data organization team, designing technology systems that enhance the experience of Capital One associates globally, from recruitment and payroll to talent management and learning. Photo Credit: Courtesy of Capital One
By Kim Anthony September 23, 2024
Meet Sean Teamor and Kyle Freeman, the dynamic duo behind Capital Raising Academy , the ultimate destination for mastering the art of funding and accelerating business growth. The academy has an 8-week program designed to equip entrepreneurs with the expertise to navigate the intricate world of capital raising successfully. Both Sean and Kyle have developed a comprehensive program that was meticulously crafted by seasoned professionals with decades of experience in finance, investment banking, and entrepreneurship. Attendees learn everything from crafting compelling pitches to navigating the complex landscape of investor relations. They also acquire the confidence, knowledge, and resources to secure the capital needed to turn their ambitious dreams into tangible reality. With a keen understanding of the challenges faced by startups and growing businesses, the academy has curated a series of informative training modules meticulously crafted to address every facet of the fundraising journey. Throughout the program, participants are immersed in a dynamic learning environment led by industry experts and seasoned investors. From mastering the art of crafting compelling pitch decks to demystifying the intricacies of valuation and deal structuring, each module is tailored to provide actionable insights and practical strategies that can be immediately applied to real-world scenarios. Capital Raising Academy goes beyond theory, fostering interactive discussions, case studies, and hands-on exercises to ensure that entrepreneurs not only grasp fundamental concepts but also develop the critical thinking skills necessary to adapt and thrive in an ever-evolving landscape. Whether seeking seed funding, venture capital, or exploring alternative financing options, participants emerge from the program empowered with the confidence and expertise needed to successfully raise capital and propel their ventures to new heights. They also do speaking engagements. Both Sean and Kyle have decades of collective experience navigating the complex world of venture capital and raising capital. As educators, they are the ideal speakers to enlighten and empower your attendees. Whether you’re hosting a conference, workshop, or exclusive executive gathering, Sean and Kyle’s expertise will leave a lasting impact. Their dynamic speaking style, coupled with their real-world experiences as successful entrepreneurs and venture capital experts, create an engaging and informative experience that will captivate your audience. Attendees will walk away with the knowledge, tools, and confidence to transform their venture capital aspirations into tangible realities. About the Founders Sean Teamor is a driven and accomplished entrepreneur with a unique blend of military discipline and financial expertise. As an Air Force veteran, Sean brings a strong sense of leadership, integrity, and commitment to his work in the private sector. After transitioning from the military, Sean began his career in the world of venture capital, where he quickly developed a keen understanding of the intricacies involved in raising capital and guiding companies through the process of going public. His natural aptitude for finance and his dedication to learning led him to become a licensed stock broker, enabling him to directly assist companies in achieving their public offering goals. Kyle Freeman got started in business marketing in 1996 in San Diego, California. He was the first field coordinator promoted in the region, in record time. He left the company after several years and became the head trainer of a similar company in the telecom marketing industry. After spending many years with two different companies, he decided to set out on his own. In 2003, he created Juice Marketing, Inc., where he served as President and CEO for the next five years. In that period of time under his leadership the company JMI became JMI Telecom Corp, a publicly traded company and one of the only minority-owned public utilities companies in the country. Learn more about Capital Raising Academy by visiting its official website at CapitalRaisingAcademy.com For press inquiries, media interviews, or to book them for speaking engagements, please contact Connia Walker–Johnson at connia@capitalraisingacademy.com or 503-683-1222.

Women in Business

By UBJ Staff October 19, 2024
Deidre Mathis is once again making history in Houston, Texas as the owner of Wanderstay Boutique Hotel, the city's first adults-only themed hotel. It is another remarkable achievement for Mathis, who also made history in 2018 when she launched the first Black-owned hostel in the United States.
By Kim Anthony September 23, 2024
Once that dream became a reality, first in 2020, when Reaves and her former college roommate became the youngest African American women to ever co-own a property in a major hotel chain and then later when she acquired two more hotels as part of the Indiana-based Nassau Investment Group, the longtime hospitality-industry-worker-turned-real-estate-investor found herself yearning to help others get into the commercial real estate game too. “It’s truly an amazing experience and opportunity, but for decades, it’s been out of reach and limited mostly to those who are extremely wealthy or already experienced in the field,” says Reaves, 36, an Atlanta-based award-winning hotel consultant and asset manager who now boasts an investment portfolio that includes co-ownership of hotels and residential real estate properties totalling $30 million. ”I knew in my heart that I had to do my part to help connect others to these types of lucrative investment opportunities. Tapping into this industry has changed my financial future and transformed my life!” How to accomplish that goal eluded her, until finally a big “ah-ha moment” came in 2021 to create a platform of her own to help others leverage their financial resources; no matter how much or little they had to invest. Federal regulations requiring investors to raise more money to support their endeavors came the same year. The result is Vesterr , Reaves’ newly-launched crowdfunding platform that allows accredited and non-accredited investors to join in on commercial real estate securities opportunities, starting with as little as $5,000. “Think of ‘GoFundMe,’ but for commercial real estate investing,” says Reaves. “We’re the first Black-owned, first woman-owned crowd-funding platform for commercial real estate to include hotels in the country and this is just the beginning! The Vesterr platform connects investors with owners to raise capital.” Reaves says her mission is simple; help others grow their real estate portfolio by giving them access to the funds they need while providing investors with opportunities to invest in securities. Much like traditional crowd-funding platforms, those who sign up for Vesterr may peruse the site in search of investment deals in commercial real estate, including hotels, multi-family, retail space and more, that fit their unique investment needs. A minimum investment amount is listed up front and interested parties must meet a set deadline to contribute to the campaign. Vesterr investors also get to decide between investment projects that are more “hands on” or “hands off.” “This platform is really about creating opportunities for all, but I also want it to provide a space for those who have not traditionally felt welcome or included in this industry, such as women, people of color, young people and so on,” explains Reaves. “You can start with the minimum investment and build up from there. Gone are the days where you had to have tens of thousands of dollars just to get into the game. This is a game-changer!” Client Amina James agrees. She served as general partner for a recent deal, funding a Holiday Inn in Lake Charles, LA. on the Vesterr platform. “We met our fundraising goal and it was a successful raise,” gushes James, 38, of Washington DC. “I give so much credit to Vesterr. It is so easy for investors to ask questions using the Q&A feature on the site. When you put a deal on Vesterr you get great exposure and marketing support too.” James says a broad network of accredited investors, amazing customer service, easy onboarding compared to other platforms and option to use several different investment methods – not just cash – all make Vesterr an excellent choice. The “Black girl magic part,” she says, is a bonus. “I love that Vesterr is Black woman-owned too!” Reaves says success stories like James’ continue to inspire her: ”Whether you're an owner or developer or an experienced investor, Vesterr can assist to make it attainable for you to get funding and add commercial real estate assets to your portfolio. You can have your part of the American dream!” About Vesterr Vesterr is an innovative investment platform that provides access to commercial real estate securities including hotels, multi-family, retail for both retail investors (accredited and non accredited investors). For more information, visit Vesterr.com
By Kim Anthony September 22, 2024
Harmony Major, President and Founder of Excellent Presence , a Black woman-owned web design and marketing agency based in Tampa, Florida, is testing a new initiative to help change-focused companies grow their results and impact faster. It's called "Pay What You Can" and it aims to help BIPOC- and ally-owned companies get better results from their websites, branding, and digital marketing more quickly without massive investments. “Pay What You Can” is the first initiative of its kind in the digital marketing space. Excellent Presence hopes it will prove integral for growing African American-owned businesses in particular, who often find next-level expansion a challenge. Established in 2012, the company helps clients take actions that noticeably boost growth without exhausting their time, energy, or money. Harmony, who is also the company's Lead Performance Strategist, comments, "I know what it's like to crave high-quality help to reach the next level but feel restricted by resources. It’s agonizing. Entrepreneurs working to change the world shouldn’t be limited by our ability to afford top experts. We also shouldn't have to figure it all out on our own." Excellent Presence specializes in serving growing companies that already get traffic and sales, but need to speed results or reach new audiences. That can be hard to do with limited resources. So, “Pay What You Can” connects business owners directly with a Multi-Certified, 20-year Digital Marketing Strategist to build their website, content strategy, and/or marketing plan to reduce barriers to growth. “By intentionally supporting BIPOCs and allies creating change, we hope to start a ‘snowball effect’ of impact," added Harmony. "The goal of 'Pay What You Can' is to make high-quality help accessible to every serious, change-oriented company that wants it. We hope all companies will help spread the word about this initiative.” To learn more about the initiative, interested business owners can book a free consultation online to discuss their needs, goals, or partnership opportunities via the official website at ExcellentPresence.com/CreateChange/

Suppplier Diversity

By Kim Anthony February 11, 2022
LOS ANGELES — Mayor Eric Garcetti and the Los Angeles Business Council today launched the Regional Alliance Marketplace for Procurement (RAMP), a portal that centralizes both public and private procurement opportunities. RAMP will address procurement reform and equitable access to contracting opportunities “Making it easier for small and diverse businesses to have access to more procurement opportunities has always been a core priority to further expand equity in our city,” said Los Angeles Mayor Eric Garcetti. “RAMP has come together with the support of the business community and local organizations, and we are excited for the new opportunities that will be available to all types of small businesses across the region.” RAMP is a unique solicitation portal designed to provide the small business community with a centralized hub for contracting opportunities with the City of Los Angeles, as well as other public and private entities. RAMP expects to make available more than $10 billion in procurement opportunities in its first year. This initiative was made possible through the collaboration of Mayor Garcetti, the Los Angeles City Council, and Los Angeles business leaders and is led by the Mayor’s Chief Procurement Officer. Many of these opportunities are geared for the small and diverse business communities. “More than six years ago, I initiated the Comprehensive Jobs Plan, which prioritized procurement reform, primarily for the benefit of small and disadvantaged businesses,” said Councilmember Paul Krekorian. “RAMP is an extraordinary upgrade to an outdated system, which simplifies the process for businesses of all kinds to contract with the City of LA, especially those that are small, local, and minority and women-owned. It’s fitting that we celebrate the launch of RAMP during Super Bowl week in Los Angeles, the kind of major event that offers numerous opportunities for businesses across the City.” Procurement opportunities will be posted on RAMP on an ongoing basis by public and private organizations including, the City of Los Angeles; Los Angeles County Department of Mental Health, Metropolitan Water District; construction and engineering firms including PCL Construction, Suffolk Construction, WSP, and Burns Group; sports and entertainment organizations including AEG, NFL, and the Los Angeles Dodgers; financial institutions including MUFG and City National Bank; and other large contractors. RAMP will launch on February 18, 2022. Businesses currently enrolled in the City of Los Angeles’ BAVN platform will be automatically transferred into RAMP, and will not need to re-register. To learn more or register, go to rampla.org .
By Kim Anthony February 11, 2022
The retail division of CVS Health will seek diverse businesses and evaluate opportunities in line with its ongoing work to meet the needs of customers. WOONSOCKET, R.I., Feb. 10, 2022 -- CVS Pharmacy today announced its second annual Supplier Diversity & Minority Owned Summit, hosted from April 5 - 8, in partnership with ECRM and RangeMe. This summit is part of CVS Pharmacy's ongoing efforts to bring a broader assortment of products from diverse suppliers and brands to customers – and work with those suppliers and brands to ensure mutual success through customized support and resources. CVS Pharmacy currently carries more than 100 diverse-owned brands across front store categories and is committed to increasing that selection with enhanced merchandising protocols for diverse suppliers. Within beauty and personal care, for example, CVS Pharmacy has made significant strides in amplifying its commitment to build out diverse-owned assortments. It has recently added several new Black-owned brands and nearly 200 items from new and existing Black-owned brands, with many more launching across the category in 2022. "We're at our best when our priorities and actions reflect the needs of the communities we serve," said Andrea Harrison, VP of Merchandising, Beauty & Personal Care at CVS Health. "We'll continue to feature the brands and trends that speak to the diversity of our customers while simultaneously offering the value, innovation and trust they expect from the products across our aisles." The 2022 summit will focus on products across beauty, grocery, personal care, health, wellness, household and general merchandise. Vendors can learn more and apply to join the virtual event by visiting www.rangeme.com/cvsdiversity through February 14, 2022. To further support CVS Pharmacy's commitment to increasing its selection of diverse-owned brands, new tools and processes have been created to ensure increased diverse spend and a more inclusive supplier and product landscape, including: CVS Merchandising, in partnership with the CVS Health Enterprise Procurement Supplier Diversity team, has hosted a Supplier Diversity in Merchandising program annually for the past four years to identify new diverse suppliers and assist in eliminating barriers to starting in retail. CVS Health's Supplier Diversity program hosts an annual Executive Learning Series, which provides training in a wide variety of skills around pitching and landing expanded retail distribution of products, including the opportunity to engage in individualized executive coaching. CVS Pharmacy merchandisers attend supplier diversity advocacy conferences, such as National Minority Supplier Development Council (NMSDC) and Women's Business Enterprise National Council (WBENC), to meet with diverse suppliers. CVS Pharmacy works to reinforce the diversity of both product assortment and suppliers throughout its planogram process to deliver relevant offerings to the communities it serves. Additionally, with the goal of achieving mutual success, CVS Pharmacy offers unique opportunities to smaller diverse suppliers entering mass retail, including: Providing resources, training and mentoring for new and/or growing diverse suppliers as they gain a foothold in the retail environment. Developing refreshed intake forms to ensure specific supplier needs are appropriately flagged and accommodated. At this Supplier Diversity & Minority Owned Summit, all sourcing and product submissions will be made through RangeMe , the industry-standard online product discovery and sourcing platform. ECRM will then create curated meeting schedules and facilitate face-to-face virtual meetings with the merchants, so that suppliers can present new and innovative products and solutions for CVS Pharmacy customers. All meetings will be conducted on ECRM's virtual meeting platform, ECRM CONNECT, on April 5 - 8. ECRM's team will help ensure that the meetings are executed with the utmost efficiency. About CVS Pharmacy CVS Pharmacy, the retail division of CVS Health , is America's leading retail pharmacy with nearly 10,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores. We are committed to delivering innovative health solutions that create a simpler, more accessible experience for patients, customers, and caregivers. CVS Pharmacy is the only national pharmacy to remove tobacco products from its shelves and has taken a leadership role in responding to the COVID-19 pandemic by making testing and vaccinations available at locations across the United States. For the latest product and service offerings, visit www.cvs.com or download the CVS App .
By Kim Anthony October 25, 2021
The company’s $2.4 billion in purchases of goods and services from minority and small businesses contributed more than $3.5 billion to the economy ROSEMEAD, CA—Southern California Edison recorded 37.66% of its corporate purchases, or $2.4 billion in spending, with more than 600 small and diverse businesses in 2020. The company’s contracting with these companies had an economic impact of more than $3.5 billion and sustained more than 23,000 jobs. This is according to SCE’s 2020 Supplier Diversity Economic Impact Report , prepared by data consultancy supplier.io, which helps companies evaluate the real-world effects of their spending in their communities and beyond. Importantly, SCE provides technical assistance and guidance that help minority-, women-, disabled veteran- and LGBT-owned businesses develop capabilities that will let them meet the company’s specific demands. “After partnering with small and diverse firms for more than four decades, we’ve known that our Supplier Diversity Program brings economic benefits to not only our 600-plus suppliers, but also the regional economies where they do business,” said Kevin Payne, SCE president and CEO. “We’ve heard over the years countless stories from diverse suppliers about the positive effects our supplier diversity and technical assistance programs have on them.” The report states that SCE’s $3.5 billion economic impact — pertaining only to its spending with diverse suppliers — is the sum of three effects: direct purchases by SCE from its small, minority, women, disabled veteran and LGBT suppliers; indirect activities within these companies’ supply chains; and the induced effects that result as employees of these companies, and those of companies within their supply chains, spend their wages in the wider consumer economy. For more information, including details of the report’s methodology, see the Supplier Diversity Economic Impact Report . About Southern California Edison An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

I.E. Business News

By UBJ Staff October 21, 2024
In an era where the lines between profit and purpose are increasingly blurred, businesses that focus on social entrepreneurship are transforming the way we think about community development. These ventures are designed not only to generate revenue but to address societal challenges in innovative ways. One such example is Care Staffing Professionals , a healthcare staffing company that contributes significantly to the social and economic resilience of underserved communities. By focusing on critical needs like healthcare access and job creation, this business model exemplifies how strategic entrepreneurship can build stronger, more resilient communities. Central to this mission is the involvement of the Lampkin Foundation , which helps amplify the social impact through community-focused initiatives and programs. Addressing Healthcare Needs in Underserved Areas Access to healthcare is a fundamental issue that disproportionately affects underserved communities. Many rural or economically disadvantaged regions face persistent shortages in healthcare staff, limiting their ability to provide adequate medical care. Care Staffing Professionals has stepped in to address this gap, providing healthcare facilities with the personnel they need to serve their patients. By supplying these essential workers, the company ensures that even the most vulnerable populations can receive the care they need, contributing to the overall health and stability of these communities. Beyond simply filling vacancies, the company adopts a strategic approach to ensure that its placements align with the needs of each facility and community. By focusing on areas where healthcare is most needed, Care Staffing Professionals helps reduce the disparities that often leave low-income populations with inadequate access to medical services. This approach also improves long-term health outcomes by creating a more stable healthcare infrastructure in areas that traditionally suffer from neglect. In doing so, the company plays a crucial role in fostering community resilience, ensuring that residents have access to consistent, quality healthcare. Economic Empowerment Through Job Creation Another significant way in which Care Staffing Professionals contributes to community resilience is through job creation. Employment is one of the most direct pathways to economic stability, and by creating jobs in the healthcare sector, the company provides individuals with opportunities for financial independence and career growth. Many of the positions offered through Care Staffing Professionals cater to individuals from underserved backgrounds, providing them with meaningful employment that offers not only a steady income but also the chance to develop new skills. These job opportunities are particularly impactful in economically disadvantaged regions where unemployment rates are often high, and career advancement opportunities are limited. By offering stable employment, the company helps lift individuals out of poverty and creates a ripple effect that strengthens the local economy. As more people gain access to steady jobs, local businesses benefit from increased spending power, further contributing to the economic resilience of the community. Additionally, the company prioritizes professional development, ensuring that its employees have access to training and resources that enable them to advance in their careers. This emphasis on growth fosters a cycle of empowerment, where workers are not only filling immediate job needs but are also building long-term careers. This model of job creation and development is key to fostering a resilient workforce that can adapt to changing economic conditions and continue contributing to their communities for years to come. Strengthening Community Ties Through Collaboration Social entrepreneurship often relies on collaboration to maximize its impact, and Care Staffing Professionals is no exception. The company works closely with healthcare providers, local governments, and community organizations to ensure that its efforts are aligned with the needs of the populations it serves. By engaging with stakeholders across various sectors, the company can tailor its services to address specific challenges within each community, whether that involves staffing shortages in hospitals or providing training programs for aspiring healthcare professionals. This collaborative model strengthens the social fabric of the communities served, building trust and cooperation among residents, healthcare providers, and other key stakeholders. As these relationships deepen, the communities become more resilient, better equipped to face future challenges, and more capable of sustaining long-term growth. Building a Sustainable Model for the Future One of the most compelling aspects of social entrepreneurship is its focus on sustainability. Unlike traditional businesses, which may prioritize short-term profits, companies like Care Staffing Professionals build their models around long-term social impact. By addressing healthcare needs and providing stable employment, the company creates a foundation for sustainable growth within underserved communities. The emphasis on sustainability also extends to environmental and social considerations. As healthcare providers become more integrated into these communities, they are better positioned to deliver preventive care, reducing the long-term strain on healthcare systems. Moreover, as residents become more economically empowered, they are more likely to invest in their own communities, fostering local development that benefits future generations. Through its efforts, Care Staffing Professionals demonstrates that social entrepreneurship is not just about addressing immediate needs but about creating the conditions for long-term resilience. This focus on sustainability ensures that the benefits of the company’s work will continue to be felt for years to come, contributing to a healthier, more economically stable future for underserved populations. The Power of Social Entrepreneurship The work of Care Staffing Professionals exemplifies the transformative power of social entrepreneurship. By addressing critical issues like healthcare access and economic empowerment, the company plays a vital role in building resilient communities. Through strategic collaboration, job creation, and a focus on sustainability, this business model offers a roadmap for how companies can make a lasting social impact while remaining financially successful. The involvement of foundations and community-focused initiatives further amplifies this impact, ensuring that community-driven programs remain at the forefront of the company’s mission. Together, these efforts demonstrate that social entrepreneurship is not just about doing good; it’s about creating sustainable, long-term solutions that empower individuals and uplift entire communities.
By Cherish H. October 14, 2024
(Left to right) Rhonesia Perry - The Gentleman’s Society, Board Advisor, Crystal Anthony - The Gentleman’s Society, Committee Chair, Vanessa Tilford - SoCal Trades, President and Damien Halliburton - The Gentleman’s Society, President and CEO In an exciting new collaboration, the SoCal Trades Tour and The Gentleman’s Society have joined forces to bring career pathways and college opportunities to students across the San Gabriel Valley. This strategic partnership recently culminated in a five-day tour, reaching six high schools and impacting over 6,000 students, making a substantial impact on the future workforce. During the October 11th event hosted at South Hills High School, nearly 50 exhibitors engaged with students, providing hands-on insights into various career options. Among the exhibitors were key government agencies such as the FBI, Marine Corps, and Army recruiters, alongside local businesses within 15 miles of the school. The proximity of job opportunities allows students easy access. This powerhouse partnership between the Gentleman’s Society and SoCal Trades Tour will assist students in both their personal and professional development. Damien Halliburton, President and CEO of The Gentleman’s Society, highlighted the importance of this initiative for boys of color, who are often overlooked in traditional career outreach efforts. “This was an optimal opportunity for our organization to connect with young men who need guidance and support as they navigate both life and career decisions,” Halliburton said. His organization is dedicated to offering mentorship and professional development to help students build a solid foundation for future success. The tour drew attention from educational administrators, including a representative from Jurupa Valley Unified School District and Moreno Valley, who visited the event to observe its impact and explore opportunities for their districts. Vanessa Tilford, owner of SoCal Trades Tour, shared her enthusiasm for the event’s success and its potential for expansion. “We have the capacity for more exhibitors, and we are the first to leverage technology to connect students and businesses, making it easy to follow up and track each student’s progress,” Tilford explained. This innovative approach aims to help students maintain meaningful connections with employers and open doors for future opportunities. Together, SoCal Trades Tour and The Gentleman’s Society are eager to expand their reach across Southern California to continue fostering opportunities for students. For more information about becoming an exhibitor and how to schedule your school site; email info@gotgs.org . Feel free to visit www.socaltradestours.org and www.gotgs.org for more information. This event not only highlights the commitment to creating pathways for students but also reinforces the vital role that strategic partnerships play in shaping the future workforce throughout the SoCal region.
By Kim Anthony October 3, 2024
Thrive Inland SoCal is an ambitious initiative born from a collaboration between the Inland Empire Labor Institute and Inland Economic Growth and Opportunity, two regional co-conveners dedicated to the region's inclusive and equitable development. The Inland Empire Community Foundation serves as the fiscal agent for this effort, managing the necessary responsibilities outlined by the State of California. Thrive Inland SoCal is driven by a mission to build a region where every resident has a voice in shaping the economic future while addressing the inequities that have historically plagued the area. Vision Thrive Inland SoCal envisions an Inland Empire where everyone, regardless of their background or circumstances, has access to the resources and opportunities necessary to thrive. This vision centers on fostering an inclusive economy that leaves no one behind. The Catalyst: California Jobs First Thrive Inland SoCal’s foundation was built on the momentum of the California Jobs First initiative, previously known as the Community Economic Resilience Fund (CERF). Created by the California Legislature, this program was designed to promote a sustainable and equitable recovery from the economic fallout of the COVID-19 pandemic. It supports new strategies to diversify local economies and develop sustainable industries that create high-quality, accessible jobs for all Californians. With approximately $600 million in competitive grants to be distributed among the state’s 13 regions from 2022 to 2026, California Jobs First represents a significant investment in regional economic development. Its potential to transform communities that have historically been under-resourced is immense, and Thrive Inland SoCal is at the forefront of leading this charge in the Inland Empire. A Future-Centered on People As the Inland Empire transitions toward a more technological, sustainable, and carbon-neutral future, Thrive Inland SoCal emphasizes the importance of centering its most valuable asset: its people. Originally launched as the Inland Empire High Road Transition Collaborative (IE-HRTC) with planning funds from California Jobs First, Thrive Inland SoCal is building partnerships and capacity to create an inclusive and prosperous future for the region. Thrive Inland SoCal is organized into five committees, six sub-regional tables, and an Equity Council, all designed to ensure that every resident has an opportunity to engage. Participation is open to anyone in the region, and residents are encouraged to join one or more of these groups to help shape the region's future. The Equity Council A cornerstone of Thrive Inland SoCal’s efforts is the Equity Council, which focuses on critical topics such as youth development, Native American tribal engagement, workers’ rights, women's issues, racial and social justice, environmental justice, and justice reform. The Equity Council meets every other Friday from 12 PM to 1 PM, with hybrid options to accommodate both in-person and virtual attendance. These meetings foster dialogue and action around the region's most pressing equity challenges. Meet the Thrive Inland SoCal Team Key leaders of Thrive Inland SoCal include: Esmeralda Vazquez, Director of Special Projects Chris Castorena, Partnership Development Manager Matthew Mena, Co-Executive Director Thrive Inland SoCal Events To build meaningful partnerships and foster collaboration, Thrive Inland SoCal hosts a variety of events. A central aspect of these gatherings is the opportunity for regional organizations to connect and collaborate on future project proposals. Here are some upcoming events: Catalyst Funding Round 2 Networking Mixer (In-Person) Date: Wednesday, September 25th, 12:00 PM - 1:30 PM Location: Inland Empire Labor Institute, 937 South Via Lata, Suite 500, Colton, CA 92324 Details: Attendees will have the chance to network, find potential project partners, and deliver a 1-2 minute elevator pitch about their organization or project. [Register Here] Catalyst Funding Round 2 Networking Mixer (Virtual) Date: Wednesday, October 2nd, 10:00 AM - 11:00 AM Details: A virtual opportunity to connect with other organizations and explore future partnerships. [Register Here] Technical Assistance Workshops Thrive Inland SoCal is offering two technical assistance workshops designed to help organizations navigate the Catalyst Funding application process: Workshop 1: Monday, September 23, 9:00 AM - 11:00 AM (Virtual) Workshop 2: Wednesday, October 9, 1:00 PM - 3:00 PM (Virtual) [Register Here] Both workshops will cover key strategies, project components, and a detailed breakdown of the application process. The Path Forward Thrive Inland SoCal is on a mission to transform the Inland Empire into a region where economic opportunity is within reach for everyone. With a dedicated team and a robust network of community partners, Thrive Inland SoCal is building the future of the region—one that is equitable, inclusive, and full of opportunity. Through events, networking, and strategic partnerships, the initiative is making strides toward a brighter future for the Inland Empire, with its people at the heart of every effort.
By Kim Anthony September 27, 2024
Left to right: Mike Daniel (OCIE SBDC), Dr. Joy Sargis (Aleda), Tara Lynn Gray (CalOSBA) On April 25, 2024, the Orange County Inland Empire Small Business Development Center Network held four events in Irvine, Calif., each catered to serve a specific community. With more than 300 attendees, the day intersected clients, business owners, community members, lenders, government representatives, and partners to provide new opportunities, resources, and connections. Kicking off the morning, the SBDC Marketing Center presented Accelerate Growth: Marketing Strategies for the Digital Age. Center Director Roger Lloyd, in conjunction with consultants Gisele Haman and Rachel Svoboda, shared an engaging seminar of strategies and technologies designed to amplify financial success through live demonstrations, hands-on exercises, and case studies. Simultaneously, the Minority Business Summit showcased community, political, and economic development leaders throughout the county discussing the biggest issues facing minority small businesses today. Speakers included Christina Blevins of First 5 Orange County, Zitalic Domond of County of Orange, Vice President of Orange County Business Council Jess Ben-Ron, Governor’s Office of Business and Economic Development representative Christy Tran, Shela Tobias-Daniel of the State Treasurer’s Office, Orange County Hispanic Chamber of Commerce President and CEO Reuben Franco, Orange County Transportation Authority representative Ted Nguyen, and CEO of Small Business Diversity Network Jay Ungos. Attendees from all events converged for lunch, networking, and programming from a variety of partners, including CalOSBA Director Tara Lynn Gray, SBA representative Paul Smith, CSUF College of Business and Economics Dean Sridhar Sundaram, City of Irvine Mayor Farrah Khan, and Chris Johnson of Wells Fargo. The support and value provided by partners helps increase our reach throughout communities. Following lunch, the Southern California Lender Roundtable provided an engaging discussion on the current landscape of small business lending, including key updates on the state’s SSBCI funds and updates from the SBA. Speakers included SBDC Finance Center Director Sylvia Pizarroso, Allison French-Tubo and Shela Tobias-Daniel of the State Treasurer’s Office, OCIE SBA District Office representative Ron Galati, SBA Office of International Trade representative Pellson Lau, and D.C. SBA representative Alex Contreras. Concurrently, the Orange County Women’s Business Center hosted the Women Founders Pitch, in partnership with the OCIE SBDC, TCA Orange County, and Golden Seeds. The showcase of diverse and disruptive startups was riveting, as each founder was competing to win $2,500 toward their woman-founded business, Presenters included Erica Solis of Poppy Life Care, Wendee Close of Goals2Life, Dr. Joy Sargis of Aleda, and Remington Fraser of The Revury. Presentations were judged by Golden Seeds Angel Adriana Diener and TCA Orange County representatives Lisa Walker and Pat Hwang. Orange County Women’s Business Center Director Manal Richa shared the impact of the first-ever pitch competition. “This is an exciting convergence of innovation and empowerment. Our event ignited the entrepreneurial spirit of our OC community, drawing investors, judges, and public enthusiasts alike,” said Manal. “With the spotlight on four remarkable women-led ventures, each a beacon of diversity and disruption, our Women Founders Pitch illuminated the path to progress and the limitless potential of female founders and women in business.” Ultimately, Dr. Joy Sargis took home the $2,500 prize for her small business Aleda, a platform for student athletes, high schools, colleges, and professional athletes to monetize their name, image, and likeness by creating Certified Digital Assets. The remaining three participants received an award of $1,000 each. The day provided new outlets for clients, partners, and audiences to connect, grow, and expand their knowledge and businesses. The OCIE SBDC’s service to the community and resources are made possible by funding partners CalOSBA and SBA. OCIE SBDC Network Director Mike Daniel shared the overall impact as the day culminated. “The events held on April 25 were a great opportunity for the OCIE SBDC to bring together business owners, business leaders, chambers of commerce, economic development leaders, lenders, and more to find new solutions to helping our small business community grow and thrive. The SBDC will continue to find new and innovative ways to educate and inform small business owners and those that support them with the resources they need to succeed.”
By Kim Anthony September 27, 2024
The highly anticipated 16th annual Connecting Faith & Business Summit is scheduled for October 17, 2024, at the prestigious DoubleTree by Hilton Hotel Ontario Airport. The event promises to bring together business owners, entrepreneurs, and faith-driven leaders for a day of inspiration, motivation, and values-based networking. Event Details: Date: October 17, 2024 Location: DoubleTree by Hilton Hotel Ontario Airport Websites: ampac.com | connectingfaithandbusiness.com With check-in starting at 8:45 a.m., attendees will experience the power of connection in an environment designed to foster collaboration and growth. The summit serves as a prime opportunity for business owners to unlock new avenues for success, find inspiration, and cultivate meaningful relationships that can shape the future of their ventures. The Connecting Faith & Business Summit has established itself as a premier event for professionals seeking to align their faith with business practices. Attendees will benefit from a full day of engaging sessions, networking opportunities, and motivational speeches aimed at empowering individuals to make 2024 a year of exponential growth and success. "At a time when connection and collaboration are more critical than ever, this summit offers attendees the chance to be educated, inspired, and connected like never before," event organizers said. The summit's focus on values-driven networking creates an environment where faith and business converge, enabling participants to foster relationships that can have a lasting impact on their professional journeys. To learn more about the summit and secure a spot, interested individuals are encouraged to visit ampac.com or connectingfaithandbusiness.com .
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