Boosting Black Business
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This group was created to Boost Black Business!!! PERIOD!!!! There is indeed a more detailed or intri Funds will go. This group will focus on startup companies!
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Evanston, IL
60201
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Welcome to the New BBB
This group was created to Boost Black Business!!! PERIOD!!!! There is indeed a more detailed or intricate way to fund black business through grants, loans etc. in our communities and it should be done, but this is about what we can do right now. This particular group was created for like-minded individuals that will dedicate themselves to a MINIMUM of $20 a month to support ACTIVE CROWDFUNDING CAMPAIGNS. Funds will go. This can be from Blackstartups, Indiegogo, BBNomics, Kickstarter, GoFundMe, Plum Alley and beyond—we don’t care.
The minimum of $20 will go DIRECTLY TO to the crowdfunding site for the business. We will never solicit or condone money being sent directly to an individual as part of our efforts! This group will focus on startup companies! This is the “Startup for startups!” In the future, the focus can potentially change, but we’ll deal with that then. These black owned businesses will have to have an active BUSINESS crowdfunding page; you had to present information beyond a basic crowdfunding request (i.e. EIN numbers, business banking accounts, copies of ID’s etc.) for these accounts to be active and stay active (or money will be refunded). We will research a business and find their footprint in their city and their legitimacy to the best of our abilities. Our goal will be to get them to their goal. If they need $50,000 or $200,000, we will do our part to try and get it funded! If we have a minimum of 10,000 members, to fund $50,000 will cost us $5 for that month. With 10,000 members, we can fund a $200,000 campaign with $20. If there is overflow to that company, so be it. How this works: We will highlight a business for ONE month starting July 20, 2020. As those days approach, we will NEED to gather enough members (minimum of 10,000) to make real change or it won't work. For the next 12 months, we will attempt to fund 12 black owned businesses. If we decide to get fancy, we will possibly double it up after the first 3 months!!! So if we’re doing well, starting in the 4th month, we will try to have 2 businesses highlighted. That means we can fund 12 to 21 businesses between now and July 20, 2021!!!!! This is small change, but it is change!!!! These companies can become the next big thing and pay it forward and that becomes the gift that keeps on giving. We owe this to ourselves and we can do it. Invite LIKE-MINDED PEOPLE who WILL contribute a minimum of $20 a month, so we can get these businesses the boost they need. PLEASE NOTE THIS: THE FIRST THREE (3) MONTHS WILL BE DEDICATED TO BUSINESSES IN THE CHICAGO-LAND AREA. THAT IS BECAUSE IT IS HOME FOR US!! WE LOVE OUR CITY FROM EVANSTON TO MARKHAM AND BEYOND. After the first 3 months, we want to share the wealth with black businesses across the country. Either way… we give! Negative energy and greed won’t be tolerated; you will promptly be removed because we have business to attend to. No emotions, just action. See you July 20th, 2020! Respectfully, All of US
