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   $500 Gift to Help Start Your New Business for 500,000: Community

We are constantly told to take the money we spend on clothes, shoes, hair, expensive cars, and put it into investing or starting a business. Black Owned businesses are critical to true equality. You may have a great idea for a novel type of business, but do not have enough money to get it off the ground. Because finding that seed money is much harder than it seems, four times a year, we are giving our business minded members the opportunity to win $500 towards startup costs.

Join this challenge for the chance to win $500 for your new business.

 

Rules:

  • Business must be new and not already be established
  • Business must not be any type of franchise
  • Business must not be an affiliate program
  • Business must not be a nonprofit/501(c) organization
  • A business plan is required to qualify:
  • Business plan must have the following parts fully complete:
    • Business Idea - Describe the business concept clearly, fully, and concisely
    • Competitive Advantage - Describe how products or service will differ from competitions
    • Team Members - Describe the job and roles of potential key members of the business team
    • Target Market - Describe the target market for the product or service (demographic, geographic, etc.)
    • Marketing Plan Outline - Describe the promotion and advertising plan
    • Operational Plan Outline - Describe the labor and equipment requirements and how the business will run day-to-day operations
    • Financial Overview - Describe the estimated project cost and start-up requirements
    • Opportunities & Challenges - Outline the opportunities and challenges the business might face
  • One submission per member
  • Written and oral presentation must be in English
  • Good source for Business Plan templates: https://www.lawdepot.com/contracts/business-plan

 

There will be two evaluation phases:

  • Written: We will review all submitted written business plans and select finalists
  • Oral: We will schedule calls with finalists to perform an oral evaluation where contestants will have the opportunity to verbally pitch their business idea to our judges

 

Some of the criteria judges will consider in their evaluation include but are not limited to:

  • Clarity, completeness, and persuasiveness of the written business plan and the oral presentation
  • The market opportunity presented (is there a clear market need and a way to take advantage of that need)
  • The feasibility, uniqueness and quality of the business plan idea (is the product, technology or service feasible and does it provide something novel that gives it a competitive advantage in the market)
  • The feasibility and quality of the business model, including the financial projections
  • The financial and social return of the business (is it a real opportunity in which Blaqsbi members would invest in)
  • The capacity and strength of the management team (experience and expertise)
  • As part of the oral phase, the quality of the members’ responses to questions from the judges

 

Follow the steps below to participate:

  1. Click on "Join this challenge..." button
  2. Type the name of your business in the comment box
  3. Upload the business plan in the comment section of this post
  4. Click on the " Respond" button

Good luck!


Open slots: 10 Completed: 0%


Medgar Parks

Medgar Parks @medgarparks   

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Podcast/radio Shows

"There's More to Being a Pharmacist Than You Think!"

In this series we will be conversing with professionals from different industries, discussing their journey on how they became 'The Professionals You Should Know.

Today we sat down with Abena Adjepong who is a Pharmacist. She sat with us to disclose her journey into healthcare, the common misconceptions and what a real working day looks like as a Community Pharmacist. It was such a pleasure to learn all that she has to share and we thank her for her time and honesty.

R3 Physiotherapy: There's More to Being a Pharmacist Than You Think!

Book Suggestions

"Watch Your Step: A History of African American Dancing"

These books cover the history of African-American dancing, mostly from 1860s to the 1960s. Volumes 1 o 5 describe the emergence of ragtime, blues, and jazz dances until he early 1920s, ending with the popular show Shuffle Along and the booming recording industry. The study demonstrate the wide variety of dances that existed, their connexion, and the density of interconnected performers that helped spread the dances around the United States.

Challenge: Trivias

   How Well Do You Know Black Hollywood for 3: Trivia (More Like This)

Name the movie from the clip above.


Events

  African Worldviews Discussion - Open Table Discussion.

Mar
30
2024

When: 2024-03-30 12:00:00: Saturday March 30, 2024 (12:00 PM - 3:00 PM) - EDT (America/New York)
Duration: 3 hours
Add to Calendar: Google | Yahoo | Outlook.com | Device

Video Group Chat: https://blaqsbi.com/5pFk

Responses: 6 plan to attend · 2 maybe · 0 declined


African Worldviews Discussion - Open Table Discussion.  - March 30, 2024
Open table discussion.

We look forward to hear your viewpoint.

Event Type: Community

News/opinions

Amid legal woes, Brazil’s Bolsonaro seeks passport return for Israel trip #News

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Music

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Funding Requests


THIS IS MY SONG WHICH I HAD DEDICATED TO MY MOM, I NEED FUNDING TO PERSUE MY MUSIC CAREER I WILL CHANGE THE WORLD ONE DAY.
Future Mathumbu is requesting 30,000 in donation.
Most recent donors:
Donated 30,000 - 2022-10-07 10:13:19

30,000 Received

100%
100% collected:
Goal: 30,000

Magazine Suggestions

"The Network Journal"

The Network Journal is a quarterly print and online business magazine for Black professionals and small business owners. TNJ is dedicated to educating and empowering its readers. TNJ founded in 1993, is dedicated to educating and empowering its readers by: providing news and commentary on issues that affect the growth of business and the advancement of professionals in the workplace.

Places

Yaoundé



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Yaoundé is the economic capital of the republic of Cameroon. The city of Yaoundé is a place to be as the inhabitants are very welcoming. The town of Samuel Etoo fils the legendary footballer who has not only made Cameroon proud but Africa at large.There are beautiful sites worth visiting such as the waza park and the national museum. Yaoundé is the economic capital of the republic of Cameroon. The city of Yaoundé is a place to be as the inhabitants are very welcoming. The town of Samuel Etoo fils the legendary footballer who has not only made Cameroon proud but Africa at large.There are beautiful sites worth visiting such as the waza park and the national museum.




Polls

  Do black people even like black people?



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