Black Founders' Program
Date of Foundation
2023

Black Founders' Program

Empowering Black Founders' Innovation

The Idea origin story

Our Black Founders' Program aims to empower Black entrepreneurs by providing them with critical resources and fostering a supportive, diversity-grounded ecosystem. We strive to bridge the often-encountered knowledge and resources gap. Our ultimate objective is to thrust innovative startup ventures from this demographic into the industry forefront.

The Mission

Empowering Black Founders with skills and resources to launch innovative ventures, fostering a diverse startup ecosystem.

Clients

Early-Stage Founders, Growth-Stage Founders, and ESOs/ISOs

Problems we solve

Client’s problem

1. Limited access to culturally tailored training for Black founders. 2. Lack of personalized learning pathways aligned with startup growth stages. 3. Difficulty in identifying and accessing relevant funding, mentorship, and ecosystem resources.

Confirmation of problem

The problem is serious because Black Founders Have a lack of knowledge when it comes to the startup ecosystem

Solution

We offer a digital platform with culturally relevant training, AI-guided learning paths tailored to founder's needs, and a dynamic resource directory for funding and support.

Our technologies

This solution is based on technologies

AI-powered learning platforms, CRM tools, virtual networking technologies and blockchain for transparent funding.

How it works

We train black founder on the best practices for building a startup and connect them to resource that help them grow

Value for the client

We empower Black founders, providing tailored training, growth-aligned learning pathways, vital resources and access to funding.

Market and strategy

Market size

1000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Lloyd Reshard

My key role in the product

My key role is the CEO and I'm responsible for strategic decision making, business operations, team leadership and company's financial performance.

Team size and key members

Additional valuable team members could be a Chief Marketing Officer to foster brand growth and a Customer Success Manager to ensure client satisfaction.

Competitors

Competitors

In the entrepreneurial development space, potential competitors could include not only Goodie Nation and Y Combinator but also other platforms like Startup Grind, Dreamit Ventures, or even crowdfunding platforms focusing on diverse founders like Kickstarter and Indiegogo.

Our Advantages

Our product empowers Black founders by providing them with robust resource tools, poised to fuel their entrepreneurial journey and foster economic inclusivity.

Business model

$2500 Registration fees for training which we get corporation to pay for scholarships

Traction

We have successfully completed three comprehensive development and testing cycles, ensuring that our product is fine-tuned to address the needs of our target market.

Our startup has robustly established its foundation with stellar traction. We're set to scale, equipped with a solid strategy, enthusiastic team, and an expanding client base fueled by growing market demand.

Metrics

Count of black entrepreneurs positively influenced by our product.

Our startup financial performance showcases a positive trend, with current revenues just under $100K. This is an encouraging indication of growth and stability in our operational activity.

Incorporation

Our company incorporated in

Florida

Key risks

The primary risks could be inadequate participant engagement due to lack of awareness, a competitive market with similar platforms, and potential difficulty in sustaining financial stability while providing affordable services.

Investments

$

100000

We raised investments

Our Investors

Me 100%

Rising Investments

$

$200,000

Currently, we are raising investments

$

1000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

As a driven CEO of the Black Founders' Program, I'm seeking a passionate and innovative co-founder to join the journey of empowering Black founders nationwide. This role entails being a part of a mission to revolutionize diverse entrepreneurship. The selected individual will help shape our startup's story, aligning with our culture and core values. Responsibilities will include strategic direction, team management, identifying new opportunities, and driving high-impact growth. Ideal candidate will have significant startup experience, achievement-driven mindset, and a deep commitment to diversity and inclusion. Collaborate with us to reshape the startup ecosystem and create a more equitable entrepreneurial landscape.

Open positions

We're Hiring! At Black Founders' Program, we're looking for a talented individual to join our team as a Marketing & Growth Strategist. This is an exciting opportunity to be part of a dynamic startup that's empowering the talent of Black Founders. As a Marketing & Growth Strategist, you will have the unique opportunity to shape our growth and brand narrative. This role involves formulating and executing effective marketing strategies, refining our brand messaging, exploring new opportunities for customer acquisition and engagement, and contributing to our mission of fostering a diverse startup ecosystem. Candidates should possess a strong background in startups, comprehensive understanding of the marketing landscape, and a passion for diversity in the entrepreneurial community. Proficient use of digital marketing tools and CRM technologies, and a keen ability to identify and analyze growth metrics, will be key in this role. If you are dedicated, ambitious, and ready to make a difference, this role will be a perfect fit for you.

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Additional information

MVP