Wealth Builders
The specific problem we are addressing is the gender equity challenge in STEM fields, which is particularly prevalent in South Phoenix communities. Despite progress in recent years, women remain underrepresented in STEM fields, with even lower representation among women of color. This lack of diversity not only limits opportunities for women but also hinders progress and innovation in industries that rely on STEM expertise.
The scale of the problem in South Phoenix communities is significant. In Arizona, women only make up 27% of the STEM workforce, and women of color are even less represented. In South Phoenix, the lack of access to quality education, resources, and mentorship opportunities further exacerbates this problem. Many young girls in these communities are not exposed to STEM fields, and those who are often face significant barriers to pursuing careers in these fields.
Factors contributing to this problem include a lack of role models, cultural biases, and systemic barriers that limit access to education and career opportunities. Many young girls in South Phoenix do not have access to STEM programs or mentors who can help guide them in these fields. Additionally, cultural biases and stereotypes often discourage girls from pursuing STEM careers, and systemic barriers such as lack of access to quality education and job opportunities limit their ability to enter and succeed in these fields.
Our solution aims to address these challenges by providing personalized and efficient services that empower girls and young women to pursue STEM careers. Our technology platform provides access to quality resources, mentorship opportunities, and career pathways in STEM fields. We also prioritize sustainability and environmentally conscious solutions, which align with our community's values and aspirations.
Through our solution, we aim to reach as many girls and young women in South Phoenix as possible, with a focus on underserved and underrepresented communities. By providing access to resources and mentorship, we can help break down systemic barriers and create pathways to success for girls and young women in STEM fields.
In conclusion, the gender equity challenge in STEM fields is a significant issue affecting many young girls and women in South Phoenix communities. Our solution aims to address this challenge by providing personalized and efficient services that empower girls and young women to pursue STEM careers. By breaking down barriers and providing access to resources and mentorship, we can help create a more diverse and innovative STEM workforce that benefits our community and beyond.
Our solution is a technology platform that provides personalized and efficient services to empower girls and young women to pursue STEM careers. Our platform is designed to provide access to quality resources, mentorship opportunities, and career pathways in STEM fields.
The platform works by connecting girls and young women with mentors, resources, and opportunities that align with their interests and goals. We use a matching algorithm that takes into account factors such as career interests, skills, and personality traits to match users with mentors and resources that are best suited to their needs.
Our platform also provides access to online courses, workshops, and other learning resources that help users develop the skills and knowledge they need to pursue careers in STEM fields. We leverage cutting-edge technology such as virtual and augmented reality to create engaging and interactive learning experiences that are tailored to each user's learning style.
In addition to connecting users with resources and mentorship opportunities, our platform also provides access to job and internship opportunities in STEM fields. We work with our partners to identify job and internship opportunities that align with our users' interests and goals, and we provide support and guidance to help users navigate the application and interview process.
Our solution is designed to be user-friendly and accessible to girls and young women from all backgrounds. We prioritize sustainability and environmentally conscious solutions, and we work to create a community that values diversity and inclusion in STEM fields.
In conclusion, our technology platform provides personalized and efficient services to empower girls and young women to pursue STEM careers. By connecting users with mentors, resources, and opportunities that align with their interests and goals, we can help break down barriers and create pathways to success in STEM fields. Our platform leverages cutting-edge technology to create engaging and interactive learning experiences, and we prioritize sustainability and diversity in all aspects of our work.
0
Our solution serves girls and young women in South Phoenix communities, particularly those who are underrepresented and underserved in STEM fields. Our target population includes girls and young women who may not have access to quality education, resources, and mentorship opportunities that can help them pursue careers in STEM fields.
Our solution will have a significant impact on the lives of these girls and young women. By providing access to quality resources, mentorship opportunities, and career pathways in STEM fields, we can help break down systemic barriers and create pathways to success that were previously unavailable to them.
Through our work, we aim to empower these girls and young women to pursue their passions and achieve their goals in STEM fields. We understand that many of our target population may face significant challenges in pursuing careers in STEM fields, including cultural biases, lack of access to resources, and systemic barriers. As such, we are working to understand their needs and engage them in the development of our solution.
To understand the needs of our target population, we have conducted extensive research and outreach efforts to gather feedback and insights from girls and young women in South Phoenix communities. We have engaged with community organizations, schools, and other stakeholders to understand the challenges that girls and young women face in pursuing careers in STEM fields.
We have also worked closely with our target population to co-create and test our solution. We have held focus groups, surveys, and other feedback mechanisms to gather insights into their needs and preferences. We have used this feedback to inform the design and development of our platform, ensuring that it meets the needs of our target population.
Through our solution, we aim to provide girls and young women in South Phoenix with the tools, resources, and support they need to pursue their dreams in STEM fields. We believe that by providing access to quality education, mentorship, and career opportunities, we can help break down barriers and create a more diverse and inclusive STEM workforce.
In conclusion, our solution serves girls and young women in South Phoenix, particularly those who are underrepresented and underserved in STEM fields. Through our work, we aim to empower these girls and young women to pursue their passions and achieve their goals in STEM fields. We are working to understand their needs and engage them in the development of our solution to ensure that it meets their unique needs and preferences.
Our team is uniquely positioned to deliver the solution to the target population of girls and young women in South Phoenix communities. We bring a diverse range of academic and professional credentials to the table, including expertise in education, technology, and community engagement.
Our team members have extensive experience working with underserved communities, including those in South Phoenix. We have deep roots in the community, with team members who have lived and worked in the area for many years. This proximity to the communities we serve has allowed us to develop a deep understanding of the needs, challenges, and opportunities facing girls and young women in South Phoenix.
We also bring a strong commitment to diversity, equity, and inclusion to our work. Our team is made up of individuals from a wide range of backgrounds, including members of the communities we serve. We believe that it is essential to have a team that represents the communities we serve to ensure that our solution is relevant, effective, and sustainable.
To understand the needs of the communities we serve, we have engaged in extensive community outreach and collaboration. We have worked closely with community organizations, schools, and other stakeholders to gather feedback and insights into the needs and preferences of girls and young women in South Phoenix.
We have also engaged directly with our target population through focus groups, surveys, and other feedback mechanisms. We have used this feedback to inform the design and development of our solution, ensuring that it is guided by the needs and priorities of the communities we serve.
Throughout the design and implementation of our solution, we have prioritized community engagement and collaboration. We have worked closely with our community partners to co-create and test our platform, ensuring that it meets the unique needs and preferences of the communities we serve.
In conclusion, our team is uniquely positioned to design and deliver a solution that meets the needs of girls and young women in South Phoenix communities. We bring a diverse range of academic and professional credentials, as well as deep roots in the community and a strong commitment to diversity, equity, and inclusion.
We have engaged in extensive community outreach and collaboration to understand the needs and priorities of our target population, and we have worked closely with our community partners to co-create and test our platform. By prioritizing community engagement and collaboration, we have ensured that our solution is guided by the needs and priorities of the communities we serve, and we believe that this approach will lead to a more effective and sustainable solution.
- Enable women STEM entrepreneurs to participate and thrive in the entrepreneurial ecosystem by providing access to capital, resources, or network-building, or diversifying the investor landscape.
- Growth: An organization with an established product, service, or business model that is rolled out in one or more communities
We have services 14 individuals since we started in March 2023
Our organization is dedicated to serving marginalized communities through our program, which aims to support POC entrepreneurs and families. However, we have faced cultural barriers in reaching and serving these communities effectively.
One of the biggest cultural barriers we have faced is a lack of trust among the communities we serve. Many of our clients come from backgrounds where they have experienced systemic discrimination and oppression, which has eroded their trust in institutions and systems. This lack of trust has made it difficult for us to engage with these communities, build relationships, and deliver our program effectively.
Another cultural barrier we have faced is a lack of understanding of the unique challenges and needs of the communities we serve. Many of our clients come from backgrounds where they have experienced poverty, discrimination, and other systemic barriers that have limited their access to resources and opportunities. To address this barrier, we have developed a culturally responsive program that is tailored to the specific needs and challenges of our clients. For example, we provide mentorship, training, and support that is designed to help our clients overcome the unique challenges they face as POC entrepreneurs and families.
In addition to these cultural barriers, we have also faced financial, technical, , and marketing challenges that have limited our ability to deliver our program effectively. By applying for this challenge, we hope to gain the resources and support necessary to overcome these barriers and expand our reach to more individuals in need. With the support of this challenge, we believe that we can continue to serve marginalized communities effectively and make a positive impact on the lives of the individuals and families we serve.
Build relationships: Develop relationships with community members, leaders, and organizations. Attend community events and meetings, and engage in conversations with community members to learn about their needs, concerns, and aspirations.
Collaborate with community organizations: Partner with community organizations that have established relationships and trust with the community.
Hire from the community: Wed like to have staff and volunteers from the community to help implement our project.
By taking a community-centered approach, our team can effectively connect with and serve the community. This approach can also help ensure that our project is culturally appropriate, responsive, and effective in meeting the unique needs and challenges of the community.
Our solution is innovative because it takes a community-centered approach to addressing the unique challenges and needs of marginalized communities. Our approach is grounded in cultural sensitivity and responsiveness, and it is designed to build trust and credibility with the communities we serve.
One of the key ways in which our solution is innovative is that it recognizes the importance of incorporating community input and feedback into the design and implementation of our program. We believe that by involving community members in the process, we can ensure that our program is culturally appropriate and effective in meeting the unique needs and challenges of the community.
Another way in which our solution is innovative is that it recognizes the importance of building relationships with community members and organizations. We believe that by establishing trust and credibility with the community, we can better understand their needs and aspirations, and design a program that is responsive to their unique challenges.
Our solution also recognizes the importance of collaboration with community organizations and leaders. By partnering with community organizations, we can tap into existing resources and networks, and ensure that our program is aligned with the community's goals and needs.
Furthermore, our solution is innovative in its focus on POC entrepreneurs and families. We recognize that these communities face unique challenges and barriers to accessing resources and opportunities. By focusing specifically on these communities, we can design a program that is tailored to their needs and challenges, and that can help them overcome systemic barriers to success.
In terms of catalyzing positive impact in our space, we believe that our solution has the potential to change the market by setting a new standard for community-centered approaches to social impact. By demonstrating the importance of cultural sensitivity, responsiveness, and collaboration, we hope to inspire other organizations to adopt similar approaches in their work.
We also believe that our solution has the potential to catalyze positive impact by empowering marginalized communities to achieve greater economic success and stability. By providing mentorship, training, and support to POC entrepreneurs and families, we hope to help them overcome systemic barriers to success and build brighter futures for themselves and their communities.
Finally, we believe that our solution can catalyze positive impact by changing the narrative around marginalized communities. By highlighting the strengths, resilience, and diversity of these communities, we hope to challenge stereotypes and misconceptions, and promote a more inclusive and equitable society.
In conclusion, our solution is innovative because it takes a community-centered approach to addressing the unique challenges and needs of marginalized communities. By incorporating community input, building relationships, and collaborating with community organizations, we believe that our solution has the potential to catalyze positive impact and change the market in significant ways.
Our impact goals for the next year and the next five years in Phoenix, Arizona are focused on empowering POC entrepreneurs and families to achieve greater economic success and stability. Our goal is to provide mentorship, training, and support to these communities, and to help them overcome systemic barriers to success.
In the next year, our impact goals include:
1. Launching a mentorship program: We plan to launch a mentorship program that pairs POC entrepreneurs in Phoenix with experienced mentors who can provide guidance and support as they navigate the challenges of starting and growing a business.
2. Providing training and resources: We will provide training and resources to POC entrepreneurs and families in Phoenix to help them build the skills and knowledge they need to succeed in business and achieve financial stability.
3. Building partnerships with community organizations: We will build partnerships with community organizations that serve POC entrepreneurs and families in Phoenix, and collaborate with them to provide comprehensive support and resources.
4. Measuring and evaluating our impact: We will measure and evaluate the impact of our program on POC entrepreneurs and families in Phoenix, and use this feedback to continually improve our program and make it more effective.
In the next five years, our impact goals include:
1. Increasing the number of successful POC-owned businesses: We aim to increase the number of successful POC-owned businesses in Phoenix by providing mentorship, training, and support to these communities.
2. Reducing the wealth gap: We aim to reduce the wealth gap between POC communities and the rest of the population in Phoenix by providing access to resources and opportunities that can help them achieve financial stability.
3. Creating a more diverse and equitable economy: We aim to create a more diverse and equitable economy in Phoenix by promoting the growth and success of POC-owned businesses, and by challenging systemic barriers to success.
To achieve these impact goals, we plan to:
1. Build strong partnerships with community organizations: We will work closely with community organizations that serve POC entrepreneurs and families in Phoenix, and collaborate with them to provide comprehensive support and resources.
2. Provide tailored support and resources: We will provide tailored support and resources to POC entrepreneurs and families in Phoenix, based on their unique needs and challenges.
3. Measure and evaluate our impact: We will measure and evaluate the impact of our program on POC entrepreneurs and families in Phoenix, and use this feedback to continually improve our program and make it more effective.
4. Advocate for systemic change: We will advocate for systemic change to address the root causes of inequality and create a more equitable and inclusive society in Phoenix.
Our impact goals are focused on empowering POC entrepreneurs and families in Phoenix to achieve greater economic success and stability. By providing mentorship, training, and support, and by building strong partnerships with community organizations, we believe that we can make a transformational impact on the lives of these communities, and create a more diverse and equitable economy in Phoenix, Arizona.
Measuring our progress towards our impact goals is a crucial aspect of ensuring that we are making a positive impact on the communities we serve. Here are a few specific indicators that we will be using to measure our progress towards our impact goals:
1. Number of POC-owned businesses: We will track the number of POC-owned businesses in Phoenix, Arizona and monitor its growth over time. By increasing the number of POC-owned businesses, we are creating more opportunities for economic success and stability within the community.
2. Increase in revenue: We will measure the increase in revenue generated by POC-owned businesses in Phoenix to determine the economic impact of our program. By increasing the revenue generated by POC-owned businesses, we are contributing to the growth of the overall economy and promoting financial stability within the community.
3. Number of jobs created: We will track the number of jobs created by POC-owned businesses in Phoenix to determine the employment impact of our program. By creating more job opportunities, we are contributing to the growth of the local economy and improving the financial stability of families within the community.
4. Participant satisfaction: We will survey participants in our mentorship program and training sessions to measure their satisfaction with the program and determine areas for improvement. By ensuring that our program is meeting the needs of the community, we can continue to make a positive impact on the lives of those we serve.
5. Increase in community engagement: We will track the level of community engagement in our program, including the number of participants, volunteers, and partnerships established. By increasing community engagement, we are building a network of support that can help us achieve our impact goals.
These indicators will help us measure our progress towards our impact goals and determine the effectiveness of our program. By using data and feedback to continually improve our program, we can ensure that we are making a positive impact on the communities we serve in Phoenix, Arizona.
Our theory of change centers on empowering POC entrepreneurs and families in Phoenix, Arizona to achieve greater economic success and stability through mentorship, training, and support. We believe that by providing these resources, we can help overcome systemic barriers to success and create a more diverse and equitable economy in Phoenix.
Our activities include launching a mentorship program, providing training and resources, building partnerships with community organizations, and measuring and evaluating our impact.
Immediate outputs of our program include:
1. Increased access to mentorship and support: By launching a mentorship program, we are providing POC entrepreneurs in Phoenix with access to experienced mentors who can provide guidance and support as they navigate the challenges of starting and growing a business.
2. Improved skills and knowledge: By providing training and resources, we are helping POC entrepreneurs and families in Phoenix build the skills and knowledge they need to succeed in business and achieve financial stability.
3. Enhanced networking opportunities: By building partnerships with community organizations, we are creating a network of support that can help POC entrepreneurs and families in Phoenix connect with other like-minded individuals and organizations.
Longer-term outcomes of our program include:
1. Increased number of successful POC-owned businesses: By providing mentorship, training, and support, we aim to increase the number of successful POC-owned businesses in Phoenix, contributing to the growth of the local economy and promoting financial stability within the community.
2. Reduced wealth gap: By providing access to resources and opportunities that can help POC entrepreneurs and families achieve financial stability, we aim to reduce the wealth gap between POC communities and the rest of the population in Phoenix.
3. More diverse and equitable economy: By promoting the growth and success of POC-owned businesses and challenging systemic barriers to success, we aim to create a more diverse and equitable economy in Phoenix.
Our theory of change can be supported by third-party research findings and data from interviews with our target population. We have found that POC entrepreneurs and families in Phoenix face significant barriers to success, including limited access to resources, discrimination, and systemic inequality. By providing mentorship, training, and support, we can help overcome these barriers and create a more supportive environment for POC entrepreneurs and families.
Our theory of change is focused on empowering POC entrepreneurs and families to achieve greater economic success and stability in Phoenix, Arizona. By providing tailored support and resources, building partnerships with community organizations, and measuring and evaluating our impact, we believe that we can make a transformational impact on the lives of these communities, and create a more diverse and equitable economy in Phoenix.
We are not tech based more than community based.
- A new business model or process that relies on technology to be successful
- Software and Mobile Applications
- Hybrid of for-profit and nonprofit
1
1 year
Our approach to incorporating diversity, equity, and inclusion (DEI) into our work involves actively seeking out diverse perspectives and experiences, prioritizing equitable access to resources and opportunities, and fostering a culture of inclusion and belonging.
One key aspect of our approach is to actively seek out and engage with individuals and organizations from diverse backgrounds and communities. This includes reaching out to POC entrepreneurs and families in Phoenix, Arizona and building partnerships with community organizations that serve underrepresented groups. By doing so, we can gain a better understanding of the unique challenges faced by these communities and work to address them in our programming.
Another important aspect of our approach is to prioritize equitable access to resources and opportunities. This means ensuring that all individuals and communities have access to the same resources and opportunities, regardless of their background or identity. For example, we may provide targeted support and resources to POC entrepreneurs to help them overcome systemic barriers to success.
Finally, we are committed to fostering a culture of inclusion and belonging within our organization. This means creating a safe and welcoming environment where individuals from all backgrounds feel valued and respected. We prioritize hiring practices that promote diversity and inclusion, and provide ongoing training and education to our staff to ensure that we are creating a culture of inclusivity.
By incorporating DEI into our work, we aim to create a more equitable and inclusive economy in Phoenix, Arizona. We recognize that DEI is not a one-time initiative, but rather a continuous process of learning, growth, and improvement. We are committed to ongoing reflection, evaluation, and adaptation of our programming to ensure that we are effectively incorporating DEI into our work.
Our business model focuses on providing valuable services and resources to entrepreneurs and families in South Phoenix, with the goal of fostering economic growth and creating a more equitable and inclusive community.
Key Customers and Beneficiaries:
Our key customers are POC and small business owners in South Phoenix, particularly those from underrepresented communities such as people of color, low-income families, and immigrants. Our beneficiaries include these entrepreneurs and their families, as well as the broader South Phoenix community, which benefits from increased economic opportunities, job creation, and community development.
Products and Services:
We provide a range of services to support entrepreneurship and community development in South Phoenix. These include:
1. Business Incubator: We want to offer a physical space for entrepreneurs to work, connect, and collaborate with other entrepreneurs. This space includes access to resources such as high-speed internet, printing services, and meeting rooms.
2. Business Training and Support: We provide training and support services to entrepreneurs to help them start and grow their businesses. This includes workshops on topics such as business planning, marketing, financial management, and legal compliance.
3. Access to Capital: We want to provide entrepreneurs with access to capital through our network of investors investments. This includes both traditional financing options such as grants, as well as alternative financing options such as fundraising and impact investing.
4. Community Development: We work to support community development in South Phoenix by partnering with local organizations and stakeholders to identify and address key challenges facing the community. This includes initiatives such as workforce development, affordable housing, and environmental sustainability.
How We Provide These Services:
We provide our products and services through a combination of in-person and online channels. Our physical space serves as a hub for entrepreneurs to work and connect with others, while our online resources and training materials are accessible to entrepreneurs from anywhere with an internet connection. We also work to build strong partnerships with local organizations and stakeholders to maximize our impact and reach within the community.
Why Our Population in South Phoenix Needs What We Have to Offer:
South Phoenix is a historically underrepresented and underserved community that faces significant economic challenges. Many residents lack access to resources and opportunities necessary to start and grow successful businesses. Our services and resources provide a critical lifeline to entrepreneurs in the community, enabling them to access the resources and support they need to succeed. By fostering entrepreneurship and community development in South Phoenix, we are helping to create a more equitable and inclusive community, with increased economic opportunities and improved quality of life for all residents.
- Individual consumers or stakeholders (B2C)
Our mission is to promote economic growth and foster a more inclusive community by offering valuable services and resources to entrepreneurs and families in South Phoenix.
Target Customers and Beneficiaries:
Our target customers are small business owners and people of color in South Phoenix, especially those from underrepresented communities like low-income families and immigrants. Our beneficiaries include entrepreneurs and their families, as well as the broader South Phoenix community who benefit from increased economic opportunities, job creation, and community development.
Products and Services:
We provide various services to support entrepreneurship and community development in South Phoenix, including:
1. Business Incubator: A physical space for entrepreneurs to work, collaborate, and access resources like high-speed internet, printing services, and meeting rooms.
2. Business Training and Support: Training and support services for entrepreneurs on business planning, marketing, financial management, and legal compliance.
3. Access to Capital: Access to capital through our network of investors for traditional financing options like grants, and alternative financing options like fundraising and impact investing.
4. Community Development: Partnering with local organizations and stakeholders to identify and address community challenges, such as workforce development, affordable housing, and environmental sustainability.
How We Provide These Services:
We offer a combination of in-person and online channels. Our physical space acts as a hub for entrepreneurs to work and connect, while our online resources and training materials are accessible to anyone with an internet connection. We also collaborate with local organizations and stakeholders to maximize our impact and reach within the community.
Why Our Population in South Phoenix Needs What We Have to Offer:
South Phoenix is an underrepresented and underserved community that faces significant economic challenges, with limited access to resources and opportunities necessary to start and grow successful businesses. Our services provide critical support to entrepreneurs in the community, enabling them to access the resources and support they need to succeed. By fostering entrepreneurship and community development in South Phoenix, we aim to create a more equitable and inclusive community, with increased economic opportunities and an improved quality of life for all residents.
We have an accountant
