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    Date submitted
  • 05-Sep-2017

Project 500

Abstract

Project 500™ is a business development program to help diverse businesses scale in terms of revenue, staff and investment retained. Our goal is to recruit and retain up to 500 businesses to receive hands on training, capacity building, mentoring and networking to advance the economic success of their businesses and their communities. Our goals are to:

Provide entrepreneurs with training and support, with a laser focus on business and financial capacity

Work with local city officials and agency leaders to eradicate policy barriers that exacerbate the gap between start up and growth stages; a place where many businesses cease to exist

Provide catalytic capital for select entrepreneurs as well as convene local bankers and investors to develop new capital products to meet the needs of our participants

Additional Questions

Who is your customer?

We support diverse entrepreneurs who are seeking to scale their businesses.

What problem does this idea/product solve or what market need does it serve?

Most businesses fail within 18-24 months. While there is a plethora of start up resources, we found very little support for scaling businesses via consulting, capital and capacity building.