WEBVTT 1 00:00:00.200 --> 00:00:01.690 My name is Aniyia Williams 2 00:00:01.690 --> 00:00:06.030 and I am the executive director of Black and Brown Founders. 3 00:00:06.030 --> 00:00:10.310 So we help Black and Latinx people launch and build 4 00:00:10.310 --> 00:00:11.350 tech companies. 5 00:00:11.350 --> 00:00:15.870 line:15% And really what our core idea behind that is 6 00:00:15.870 --> 00:00:19.530 line:15% that we know that these communities typically struggle 7 00:00:19.530 --> 00:00:23.200 line:15% with access to resources and to capital, 8 00:00:23.200 --> 00:00:25.685 really access to money in general. 9 00:00:25.685 --> 00:00:28.940 line:15% And money doesn't typically flow abundantly 10 00:00:28.940 --> 00:00:32.285 line:15% within our communities but there is a lot of opportunity 11 00:00:32.285 --> 00:00:36.518 line:15% in the tech industry and a lot of people have great ideas 12 00:00:36.518 --> 00:00:39.050 that could be solving problems in this space, 13 00:00:39.050 --> 00:00:44.050 so we help them understand tactically how they can launch 14 00:00:44.200 --> 00:00:46.660 and start to grow and build businesses 15 00:00:46.660 --> 00:00:49.680 when they're coming into it with modest resources. 16 00:00:49.680 --> 00:00:53.300 So as we are looking into what we're moving in the future, 17 00:00:53.300 --> 00:00:55.340 I'm actually really excited because what we're working 18 00:00:55.340 --> 00:00:59.500 line:15% on right now is actually launching an online platform 19 00:00:59.500 --> 00:01:02.200 line:15% that's going to have all of the kinds of information 20 00:01:02.200 --> 00:01:04.530 line:15% that we share with people when we bring them together 21 00:01:04.530 --> 00:01:07.710 line:15% in real life and doing more hands on training 22 00:01:07.710 --> 00:01:09.865 and coaching programs for the entrepreneurs 23 00:01:09.865 --> 00:01:12.960 that are gonna actually help them get from point A 24 00:01:12.960 --> 00:01:16.730 to point B, with our team of people assisting them 25 00:01:16.730 --> 00:01:20.000 during that journey and guiding them and being able to also 26 00:01:20.000 --> 00:01:22.750 assess what their strengths and weaknesses are, 27 00:01:22.750 --> 00:01:25.160 what areas they could learn more about that will 28 00:01:25.160 --> 00:01:27.730 help them build stronger businesses. 29 00:01:27.730 --> 00:01:30.269 They way that we're measuring that is by wanting to see 30 00:01:30.269 --> 00:01:34.890 entrepreneurs having repeatable revenue at a certain level 31 00:01:34.890 --> 00:01:38.008 line:15% and that number that we've said is our initial goal is, 32 00:01:38.008 --> 00:01:42.850 line:15% we want to see at least 10% of the businesses or excuse me, 33 00:01:42.850 --> 00:01:45.825 line:15% the entrepreneurs that we're serving in our community, 34 00:01:45.825 --> 00:01:49.030 making a least half a million dollars or more 35 00:01:49.030 --> 00:01:51.880 in annual revenue for their business and hiring jobs, 36 00:01:51.880 --> 00:01:54.630 like hiring at least three full time people. 37 00:01:54.630 --> 00:01:58.260 But as we look forward, we're actually right now 38 00:01:58.260 --> 00:02:02.440 in heavy planning and execution of this new initiative 39 00:02:02.440 --> 00:02:04.750 that we're launching, so we're kind of all hands on deck 40 00:02:04.750 --> 00:02:09.127 line:15% on that and that could look like product planning, 41 00:02:09.127 --> 00:02:12.420 line:15% it could look like shoring up operations around 42 00:02:12.420 --> 00:02:15.080 line:15% how we can support that as a team and still making sure 43 00:02:15.080 --> 00:02:17.540 line:15% that we're supporting our additional programs. 44 00:02:17.540 --> 00:02:21.550 And that's also writing grants and looking for funding 45 00:02:21.550 --> 00:02:23.603 for those things because we are a non-profit.