The latest tragedy has brought the nation to a bended knee. And, YES...the fundamental concept is BLACK LIVES MATTER! And Just as this is important it is also vital to support HOW WE LIVE! This Too Matters! At the Resident Owned Business Incubator (ROBI), we provide 6-months of intense Bootcamp training, seed investment, a network of support, and shared office space to DC's first-generation, under-resourced entrepreneurs. SUPPORT LOW-INCOME ENTREPRENEURS WITH AFFORDABLE OFFICE SPACE IN DC!
Underrepresented, under-resourced populations are bursting with talent, but do not get the support they need to flourish economically. This includes minorities, women, and people suffering from poverty. These people account for the vast majority of unemployed and under-employed and are the parents of children who are also suffering from poverty. Our goal is to make an impact on these communities by helping them find economic success through entrepreneurship and personal development.
ROBI provides 25 weeks of intensive entrepreneurship training and business coaching. Our participants earn a business license, website, logo, business card, ongoing support, and mentorship. They also get to enter a pitch competition to win $5,000 cash. Our participants go on to start earning money for themselves and promote entrepreneurship as a means of economic success in their communities. Our initial seed investments help our small start-up's launch.
The ROBI impact is simple. We train underrepresented, under-resourced entrepreneurs on how to engage in the economy. They then earn money that goes back into their communities and the region. We incubate personal economic growth putting individuals on a different economic trajectory. We also strengthen struggling communities and spur regional development. The impact of starting a new business reverberates socioeconomically in the short term and potentially for generations!
This project has provided additional documentation in a PDF file (projdoc.pdf).