AS OF 2020, WITHIN THE 1.1 MILLION US SMALL BUSINESSES,
Our Social Impact Statement
At Ignite M.O.B. we are committed to fostering a transformative ecosystem for diverse entrepreneurs. Our mission is to empower individuals to not only start and scale successful businesses but also to cultivate a culture of social entrepreneurship that addresses the unique needs of our community. We understand that sustainable businesses have the power to drive positive change, and we aspire to create a self-sufficient ecosystem in Memphis where businesses actively contribute to the well-being of our city.
Ignite M.O.B. aims to create a thriving and self-sustaining entrepreneurial ecosystem in Memphis, where businesses not only prosper but also actively contribute to addressing the social needs of our community. Together, we can create a more inclusive, innovative, and socially responsible community for all its residents.
Social Impact Key Principals
–Diversity and Inclusion: We believe that diverse perspectives are essential for innovation and progress. Ignite M.O.B. is dedicated to creating a welcoming environment for entrepreneurs of all backgrounds, ensuring that underrepresented voices have the support and resources they need to thrive.
–Education and Mentorship: We provide comprehensive education and mentorship programs to equip entrepreneurs with the knowledge and skills necessary to succeed in the business world. Our mentors, with their wealth of experience, guide and inspire the next generation of business leaders.
–Access to Capital: We understand that access to capital is a crucial factor in the success of any business. Ignite M.O.B. helps entrepreneurs source the financial resources they need to turn their ideas into reality, fostering economic growth in Memphis.
–Social Entrepreneurship: We emphasize the importance of addressing social needs within our community. We encourage businesses to allocate a portion of their capital to initiatives that benefit Memphis, ensuring that economic success is intertwined with social betterment.
–Community Resilience: Ignite M.O.B. is dedicated to building a resilient community. By supporting sustainable businesses and social enterprises, we aim to strengthen the local economy, making Memphis a more resilient and thriving city.
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)
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.
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.
$10,000 | $5,000 | $3,000
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.
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.
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.