EMPOWERED

Empowered.

 

em·pow·er

əmˈpou(ə)r/

verb

to make (someone) stronger and more confident, especially in controlling their life and claiming their rights.

synonyms:emancipate, unshackle, set free, liberate

 

EMPOWERED, a 12 week business course to empower African-American entrepreneurs is presented in partnership by Archwood Exchange, Hustle PHX and Phoenix Local Organizing Committee.  This course is designed for aspiring entrepreneurs looking for support to bring their dreams to life. This is also for early-stage entrepreneurs that are ready to take their business to the next level. 

About Hustle PHX

Hustle PHX is a non-profit organization dedicated to providing an intellectual, social and financial resource to individuals interested in starting their own business or have started their own business. Motivated by Christian faith, we encourage the creation of sustainable business ventures that affirm the dignity of people and lead to the flourishing of all communities in Phoenix. 

Through our program, we provide a limited number of carefully selected entrepreneurs with three essential kinds of capital:

INTELLECTUAL CAPITAL

Education and skill development will be provided through an online curriculum sponsored by the Acton School of Business, including a weekly discussion and experiential learning module.

SOCIAL CAPITAL

Entrepreneurs will be given mentors who are currently in business and who can provide assistance in the process of incubating, designing, launching, and scaling new businesses.

FINANCIAL CAPITAL

Entrepreneurs will participate in a “Pitch Day,” giving potential investors the opportunity to hear pitches and contribute to ventures as they see potential.

About Archwood Exchange

Archwood Exchange was founded in 2016 with the goal of creating a hub for black business in Phoenix, Arizona. The original vision was to open a store that only sold products made by black-owned companies. After a trip to Houston where we discovered the Houston Buy Black Marketplace, we decided to that a Buy Black Marketplace is what Phoenix needed. We hosted our first Marketplace in May of 2016 and featured over 30 new and experienced black owned businesses. The Marketplace also quickly became a place to build community and learn about various resources and initiatives designed to benefit the community. The Marketplace is still held every first Saturday of the month in downtown Phoenix and has grown to be a staple in the community. Archwood Exchange strives to be a resource for existing and aspiring entrepreneurs alike by assisting businesses in need of education, capital, connections and more.

About Phoenix LOC

Since 2015, the Phoenix Local Organizing Committee (PHXLOC) has been organizing and mobilizing people of color towards change and self-determination. Our goal is to build a global community that is socially connected, economically strong, politically independent, and culturally unified at every level of society. We are a grassroots organization. We are dedicated to effectuating change by putting justice within reach of our Black and Indigenous communities in a way that is fair and equitable. Justice is one of the eternal principles that has been decreed for every living creature. Our mission is to see justice applied equally regardless of creed, class or color.

What to expect

The Course

  • Weekly evening class starting Tuesday 8/25/20. Time: 6 p.m. to 8:30 p.m.

  • Experienced instructors, mentors and guest speakers supporting you along your journey

  • Location: Zoom Videoconference

Description of curriculum

  • Week 1: Introduction

  • Week 2: Knowing Yourself (Assumptions, Working Styles, Team Building, Obstacles)

  • Week 3: Knowing Your Customer (Problem, Solution, Benefit, Competition, Advantage, Customer)

  • Week 4: Getting the Relationship Right (Marketing & Message; Getting, Keeping & Growing Customers)

  • Week 5: Building the Model to Scale (Starting Small, Distribution, Revenue, Typical Sale, Price)

  • Week 6: Strengthening Your Structure (Business Structures, Licenses, IP, Hiring)

  • Week 7: Discovering the Bottom Line (Startup & Ongoing Needs, Fixed & Variable Costs, Break-Event Point)

  • Week 8: Accounting for Growth (Break-Even Point, Sales Projections, Cash Flow, Accounting)

  • Week 9: Planning for the Future (Raising Capital, Growth Plans, Goal Setting, Pitch Prep)

  • Week 10: Pitch Practice!

  • Week 11: Pitch Practice

  • Week 12: Pitch Night!

 

 


Dates to remember

Registration Opens: 8/10/20

Facilitator Training 8/18/20

Orientation 8/20/20

Application deadline 8/22/20

Program starts 8/25/20

Pitch event 11/13/20

Apply Now!

We are looking for individuals that have not only a business idea in mind but those that have a passion for knowledge, trustworthiness, perseverance, a coachable mentality, and aggressive dedication. This 12 week course will challenge you with the knowledge of business and prepare you to create your dream, develop your ideas and walk you through the steps of creating a business. 

Price: $100   Click here to apply.

Volunteer!

We are looking for more volunteers! We have opportunities in areas such as speakers, instructors, and mentor team members. Click here to apply.


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A HUGE thank you to our community partners!

Contact us to be a sponsor or community partner!

We must dare to invent the future
— Thomas Sankara