AS OF 2020, WITHIN THE 1.1 MILLION US SMALL BUSINESSES,
2.2% WERE BLACK OWNED, 5.6% WERE HISPANIC/LATIN-OWNED, AND LESS THEN
1% WERE INDIGENOUS-OWNED.  THE NUMBER FOR DIVERSE SOCIAL ENTREPRENEURS WAS DRASTICALLY LESS, ACROSS THE BOARD. 

WE’RE HERE TO CHANGE THAT!

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Vision of Ignite MOB

To create an ecosystem of minority-owned businesses that not only create wealth for themselves, but are passionate about using their capital to create impactful change, in Memphis.

Our Mission

At Ignite M.O.B. Inc, our mission is to empower Black, Latinx, and Indigenous small business owners and entrepreneurs to build strong, sustainable businesses focused on creating significant social impacts, across Memphis.

We do this by helping Minority Owned Businesses:

Memphis was cited as the top choice among black entrepreneurs as the place to open a small business.

-Fast Company (2018)

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Programs To Aid Minority-Owned Businesses

OUR PROGRAMS

Start: October 23, 2023 Pitch Day: October 26, 2023
Registration Deadline: October 21, 2023

  • 4 days; 10am-noon

    Price: $199 Members; $375 Non-Members

  • Agenda

    Day 1: Understanding Social Entrepreneurship

    Morning Session:

    Welcome and Introduction

    Icebreaker Activity

    Overview of Social Entrepreneurship

    Key Concepts and Definitions

    Afternoon Session:

    Historical Perspectives on Social Entrepreneurship

    Case Studies of Successful Social Enterprises

    Identifying Social Problems and Needs

    Day 2: The Business of Social Entrepreneurship

    Morning Session:

    Business Models for Social Enterprises

    Revenue Generation Strategies

    Impact Measurement and Metrics

    Afternoon Session:

    Legal Structures for Social Enterprises

    Funding Sources and Fundraising

    Guest Speaker: TBA

    Day 3: Developing a Social Enterprise Idea

    Morning Session:

    Idea Generation Techniques

    Identifying Target Audiences and Beneficiaries

    Defining Your Social Impact

    Afternoon Session:

    Market Research and Validation

    Value Proposition and Unique Selling Points

    Group Activity: Pitching Social Enterprise Ideas

    Day 4: Building a Sustainable Social Enterprise

    Morning Session:

    Business Planning and Strategy

    Building a Team and Partnerships

    Risk Management and Sustainability

    Afternoon Session:

    Ethical Considerations in Social Entrepreneurship

    Pitch Development Workshop

    Final Pitch Presentation and Feedback

November 8, 2023
Registration Deadline: November 4, 2023

  • One Day; 8:30am-5pm CST

    Price: $99 Members; $175 Non-Members

  • Agenda:

    8:30 AM – 9:00 AM: Registration and Networking

    Welcome attendees, provide name tags, and encourage networking among participants.

    9:00 AM – 9:15 AM: Opening Remarks

    Welcome participants and introduce the goals of the lab.

    9:15 AM – 10:30 AM: Session 1 – Understanding Funding Options

    Overview of different funding sources (e.g., grants, loans, investors).

    Guest speakers from successful entrepreneurs sharing their funding journey.

    Q&A session.

    10:30 AM – 10:45 AM: Coffee Break

    10:45 AM – 12:00 PM: Session 2 – Building a Strong Business Plan

    Importance of a solid business plan.

    Workshop on creating an effective business plan.

    Case studies and group discussions.

    12:00 PM – 1:00 PM: Lunch Break

    Networking opportunities during lunch.

    1:00 PM – 2:15 PM: Session 3 – Financial Management and Budgeting

    Budgeting basics for businesses.

    Financial management tips.

    Interactive exercise on budgeting.

    2:15 PM – 2:30 PM: Afternoon Break

    2:30 PM – 3:45 PM: Session 4 – Pitching and Investor Relations

    Crafting an effective pitch.

    Role-play exercises for pitching to investors.

    Tips for building investor relationships.

    3:45 PM – 4:00 PM: Closing Remarks

    Recap of key takeaways.

    Information on ongoing resources and support.

    4:00 PM – 5:00 PM: Networking Reception

December 4-7, 2023
Registration Deadline: December 2, 2023

  • 4 Days; (10am-Noon; CST)

    Price: $199 Members; $375 Non-Members

  • Agenda

    Day 1: Business Foundations and Strategy

    • Morning Session:
      • Welcome and Introduction
      • Icebreaker and Networking
      • Setting Expectations and Goals
    • Mid-Morning Session:
      • Identifying Business Goals and Vision
      • Market Analysis and Target Audience
    • Lunch:
      • Networking Lunch with Mentors
    • Afternoon Session:
      • Business Planning and Strategy Development
      • Legal and Financial Basics for Scaling

    Day 2: Marketing and Branding

    • Morning Session:
      • Building a Strong Brand Identity
      • Effective Marketing Strategies
    • Mid-Morning Session:
      • Social Media Marketing
      • Content Creation and Promotion
    • Lunch:
      • Panel Discussion
    • Afternoon Session:
      • Digital Marketing Tools and Analytics
      • Developing a Marketing Plan

    Day 3: Operations and Scaling

    • Morning Session:
      • Scalable Business Models
      • Supply Chain and Logistics
    • Mid-Morning Session:
      • Technology and Automation
      • Customer Relationship Management
    • Lunch:
      • Roundtable Discussions on Scaling Challenges
    • Afternoon Session:
      • Access to Funding and Financing
      • Building a Growth Team

    Day 4: Pitching and Investment

    • Morning Session:
      • Crafting a Compelling Pitch
      • Pitch Practice and Feedback
    • Mid-Morning Session:
      • Investor Relations and Due Diligence
      • Pitch Deck Design
    • Lunch:
      • Networking Lunch with Potential Investors
    • Afternoon Session:
      • Pitch Competition
      • Awards and Closing Ceremony

Weekly opportunities to learn from thought leaders and experts

  • Price: Members- FREE ; Non-Members-$15

Limited scholarships are available for each program.

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What Is Social Entrepreneurship?

TYPES OF GIVING

By making a donation to Ignite M.O.B., you are helping equip aspiring social entrepreneurs with critical resources to create, launch and scale businesses. Gifts can be made online or by mail.

A gift today equals change for tomorrow.

Foundation and Corporate Partnerships
Our partners include foundations, financial institutions, and corporations that partner with us by providing substantial financial gifts.

Annual Giving
Walters-Ray Giving Circle
The Walters-Ray Giving Circle is a group of generous leaders and visionaries committed to advancing our mission, through annual donations. These leaders help promote economic development, spur minority-owned business growth, and focus on better communities, through entrepreneurial job growth and revenue, while also playing a vital role in changing individuals’ lives of each entrepreneur served.

Levels
$10,000 | $5,000 | $3,000

Annual Fund
A gift to our annual fund is vital to our success. Annual Fund gifts support the ongoing programming devoted solely to empowering minority social entrepreneurs. Consider making a gift today!

Recurring gifts are an easy way to commit to supporting Ignite M.O.B. on a regular basis and also helps us sustain our programming. Setting up a recurring gift is simple and easy. Your ongoing, regular support of minority business owners is a catalyst for change. We hope you will consider a monthly or quarterly donation today!

Contact our Executive Director to learn more.

Scholarship Sponsor
Sponsor a participant for a boot camp or incubator program
$350 | $600 | $800

Each of our programs is designed to enrich and empower, our members. By purchasing a scholarship, you are ensuring that all barriers are removed for a minority-owned business to reach full potential and do well, by doing good.

In-Kind and Non-Cash Gifts
Ignite MOB accepts certain non-cash donations that align with our mission and programs. Email Executive Director at Executivedirector@ignitemob.org to get connected.

 Ignite M.O.B. is a 501(c)3 non-profit organization. For most U.S. taxpayers, up to $300 of donations to a charity ($600 for a couple) are deductible in 2023. Please be sure to check with your tax specialist to be sure.

Volunteer
Our entrepreneurs gain valuable insight from experienced business owners and business leaders. Is that you? Email Executive Director at Programs@ignitemob.org to get connected.

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CALENDAR

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GET IN TOUCH WITH US

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