Building a business as a Latino entrepreneur

Claudia Ramos, graphic designer and illustrator from North Hollywood, California, dreams of turning her side business, Claudia Ramos Designs, into a full-time gig. Her dreams are specific: She’d like to see her work and that of other Latina artists sold in her very own shop. Ramos, who was born in El Salvador, currently works for Hasbro as a fashion graphic designer by day and (after her seven-year-old daughter goes to bed) on her side business by night.

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Ramona Ferreyra: The Latina entrepreneur promoting Hispanic heritage and culture through micro-fashion

For Ramona Ferreyra, showing pride in your heritage and community starts at an early age.

A Dominican-American born and raised in the New York City borough of Manhattan, Ferreyra said her family had a strong commitment to making sure she and her siblings connected with and upheld their Dominican culture. For example, as a child, Ferreyra would often participate in heritage festivals and parades, perform in front of crowds, and take dance classes at the request of her mother.

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Partnership issues faced by entrepreneurs. Free event in New York City

A free moderated discussion about partnership issues faced by entrepreneurs - where to find partners, how to screen them, what to compensate them, and what arrangements should be made. What are some equity issues faced, what are some challenges for disengagement? Entrepreneurs and potential entrepreneurs invited to share with each other in a educational setting. Attendees must sign up to get in building -   http://bit.ly/2fvscJH

Today's Must-Reads For Entrepreneurs

Hispanic consumers are staying home: "Apparel and accessories have also been hurt, according to NPD data through March. Food and small appliances, though, haven’t been affected, Cohen said. The decline in purchases among Hispanics comes as U.S. consumer spending overall has increased amid rising confidence, low unemployment and wage gains. Sneakers are taking a hit with purchases by Hispanics declining at a high-teen percentage this year, according to Matt Powell, also an analyst at NPD. 

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America is missing out on a $1.4 trillion Latino business opportunity

That's the finding of a recent report by the Stanford Graduate School of Business that surveyed roughly 1,800 businesses owned by Latinos.

Latino entrepreneurs are extremely active. Latinos opened 86% of all the new businesses created in the U.S. between 2007 and 2012, according to Remy Arteaga, the lead researcher. But they lagged non-Latino businesses in how much revenue they brought in -- $155,806 in 2012 versus $573,209, according to the most recent U.S. Census data.

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Miller Lite Tap the Future® Returns To Reward Entrepreneurs Up To $200,000

CHICAGO, Feb. 11, 2016 /PRNewswire/ -- Miller Lite Tap the Future returns for the 4th year to find entrepreneurs who are ready to compete for a $200,000 grand prize including the opportunity to pitch their business plan live in front of Daymond John of ABC's "Shark Tank."

The competition kicks off February 11 and entrepreneurs can submit applications to be entered into the three-phase contest:

From February 11 to April 8, entrepreneurs 21 and older can apply by submitting business information through MLTaptheFuture.com 

30 semi-finalists will be selected to compete in live pitch events in Atlanta, Chicago, Houston, Los Angeles, Philadelphia and Miami during the month of July. Daymond John and a panel of experts will select one business in each city to win $20,000 and advance to the national finals.

Six national finalists will present before a panel of judges in Chicago this September, where one team will win the $200,000 grand prize.

"Miller Lite Tap the Future can open doors for aspiring entrepreneurs who want to take their business to the next level and are willing to put in the work to do so," said Daymond John. "I encourage entrepreneurs who are ready to get down to business and work hard to not pass up this opportunity."

Miller Lite Tap the Future has awarded more than $1 million in funding over the last three years. Thousands enter each year, with one business crowned the top winner. The most recent grand prize winner is Brian Hill, founder of Edovo, a business that provides a self-driven educational and vocational platform to correctional institutions across the country.

"Miller Lite Tap the Future not only provides the financial insights necessary to help grow businesses, but it also puts entrepreneurs in front of people who are well respected and know what it takes to succeed," said Steve Canal, MillerCoors community affairs. "Miller Lite's commitment to help entrepreneurs succeed is inspired by Frederick Miller, who created the original light beer by following his passion, staying true to himself and his vision and against all odds, not giving up."

Miller Lite Tap the Future recently received a national endorsement from the United States Hispanic Chamber of Commerce (USHCC). MillerCoors has a strong history in supporting Hispanic businesses and has previously been recognized by the USHCC for its continuing support of Hispanic business owners.

"The USHCC is thrilled to support MillerCoors—a longstanding partner of our association—as they host their national business competition, Tap the Future, for the fourth year. Again and again, MillerCoors has recognized the critical importance of supporting small and minority-owned businesses in America," said U.S Hispanic Chamber of Commerce President & CEO Javier Palomarez. "We are proud to support MillerCoors as they empower entrepreneurs across America to pursue new and innovative business ideas."

For official rules and information, visit www.MLTaptheFuture.com.

About MillerCoors
Through its diverse collection of storied breweries, MillerCoors brings American beer drinkers an unmatched selection of the highest quality beers steeped in centuries of brewing heritage.  Miller Brewing Company and Coors Brewing Company offer domestic favorites such as Coors Light, Miller Lite, Miller High Life and Coors Banquet.  Tenth and Blake Beer Company, our craft and import division, offers beers such as Leinenkugel's Summer Shandy from sixth-generation Jacob Leinenkugel Brewing Company and Blue Moon Belgian White from modern craft pioneer Blue Moon Brewing Company, which celebrates its 20th Anniversary this year. Tenth and Blake also operates Crispin Cider Company, an artisanal maker of pear and apple ciders using fresh-pressed American juice, and imports world-renowned beers such as Italy's Peroni Nastro Azzurro, the Czech Republic's Pilsner Urquell and the Netherlands' Grolsch.  MillerCoors also offers pioneering new brands such as the Redd's Apple and Redd's Wicked Apple franchises and Smith & Forge Hard Cider.  MillerCoors seeks to become America's best beer company through an uncompromising promise of quality, a keen focus on innovation and a deep commitment to sustainability. MillerCoors is a joint venture of SABMiller plc and Molson Coors Brewing Company. Learn more at MillerCoors.com, at facebook.com/MillerCoors or on Twitter through @MillerCoors.


SOURCE MillerCoors

Web Site: http://www.MLTaptheFuture.com

“Why Not Me?” A Latina Entrepreneur’s Journey From Michoacán To Los Angeles

“I used to visit my grandmother every year in Michoacán,” said Rosalía Hertz, owner of World Empanadas in Los Angeles, “but now I haven’t been back for over 30 years.”

Why?
“After my grandmother passed away, I just couldn’t bear to go back,” she said. “The last time I was there I saw that the streets I once knew had changed. There remained only a shadow of the childhood glimmer I once knew.”

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This Chilean Startup Wants To Change The Way Latin America Shops For Food

I meet Santiago-based economist and entrepreneur Jose Manuel Moller on the eve of a huge real estate move that will see him relocate, not just his offices, but two burgeoning start ups, an entire factory and also a hang out space for like-minded folk in the nearly-hipster-but-not-quite area of Recoleta, on the outskirts of Santiago in Chile. Moller’s ties to the area go beyond business, they’re personal.

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Report: Hispanic entrepreneurship could mean $1.4 trillion boost to U.S. economy

The number of Latino-owned businesses have grown nearly nearly 50 times faster than non-Latino owned businesses, yet Latino businesses lag far behind in revenue compared to those owned by non-Latinos. The result is a $1.4 trillion opportunity for the U.S. economy, according to a new report from the Stanford Latino Entrepreneurship Initiative.

On Wednesday, the organization gathered founders and CEOs of Mastec, Liberty Power, Senzari, Nearpod, Rokk3r Labs and Endeavor Miami to discuss the findings and what is ahead for its new national project that aims to provide industry research and education programs for accelerating Latino entrepreneurs.

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Can Mexico Give Startups An Edge To Capture The U.S. Hispanic Market?

I recently had the pleasure to present the Camino Financial story to the Ambassadors and Consuls of Mexico at their XXVII Annual Reunion in Mexico City.  The takeaway was simple: the U.S. hosts the LARGEST untapped Hispanic market in the world and it’s up for grabs right now.  The buying power of Hispanic consumers is approximately $1.3 trillion, making its economy larger than all but 15 countries (source: Selig Center for Economic Growth).  Meanwhile, Hispanic-owned businesses significantly contribute to the U.S. economy with over $661 billion in gross sales (source: Geoscape).  And with all the innovation occurring in the U.S., very few startups are focused on delivering value to the rapidly growing Hispanic community.  A recent survey from AngelList counted 89,405 U.S.-based startups: of these, only 15 focused on delivering services to the Hispanic market.  Here lies a GIGANTIC opportunity…

While I fundamentally believe 80%+ of what is required to capture any American market resides here in the U.S., we shouldn’t let this blindside us from exploring resources and influences across the border.  This is especially true when looking for a marketing or operational edge to capture the U.S. Hispanic market.  Below are 3 ways startups can leverage Mexico to build a Hispanic edge:

Design Complementary Products for Both the U.S. and Mexico
Designing a product or service that works in the U.S. and Mexico presents both an immense growth opportunity and a big challenge.  While this is clearly a challenge, we have seen many products become widely accepted across borders, such as tacos, tequila, and Vicente Fernandez (not joking).  But delivering transnational products goes way beyond tacos and entertainment, it can be as sophisticated as creating microfinance products and Ed Tech solutions (e.g. Camino Financial in 5 Years).

Mexico is a Center of Influence for Paisanos
After my discussion with Mexican officials, I was quickly approached with requests to visit several local consulates in the U.S. (Mexico has 50 consulates in the U.S.) to speak to Paisanos (first generation immigrants) looking for capital.  These invitations further exemplify the power of influence that resides in Mexico, as well as an opportunity to penetrate the U.S. Hispanic market.  It sounds far-fetched, but it’s true. This can be a huge capture opportunity for savvy startups focused on the U.S. Hispanic market.

Resources & Talent
Now, many Hispanics in the U.S. may not find relevance in, or may be detracted from, “Hispanic oriented” products.  However, Mexico has much more to offer than just serving as a center of influence for a certain number of Hispanics in the U.S.: it offers resources in the form of raw materials and talent.  While in Mexico, I met with two call center providers to help service my Spanish speaking customers in the U.S.  First, I was blown away by the level of management sophistication, technology, and access to motivated talent.  Second, I was intrigued by the opportunity of saving 50 cents on the dollar.  While I do not believe the ultimate cost solution for startups or BIG corporations is to outsource work to countries with a lower cost of labor, I do believe businesses should allocate finite resources in certain areas to maximize the customer experience.  In the case of catering to Spanish speaking customers, Mexico offers a huge opportunity to deliver a seamless telesales and customer service experience.
Now more than ever, it is imperative that entrepreneurs and business owners open their eyes and look across the border, as this may be the key to unlocking untapped value among Hispanics in the U.S. and beyond.

Source: Alfredo Lopez

First Down Funding Connects Clearly With Spanish and Latin American Business Owners

WASHINGTON, DC , Jan 25, 2016 (Marketwired via COMTEX) -- First Down Funding has quickly established itself as one of North America's premier alternative lenders for small and medium-sized businesses, with an adaptive model and wide range of merchant services designed to assist businesses at all stages -- from those just being founded to the well-established that are seeking to expand. In addition to reliability, stellar financial advice and excellent customer service, First Down Funding (FDF) has also been known for their flexibility, often able to get clients approved and funded within 24 hours. Now, in accordance with their mission to provide financial assistance to business owner in need, First Down Funding has announced the creation of their Latin American Sales Division for the U.S. and Canada featuring agents and executives fully fluent in Spanish.

With their numerous years of industry experience, the lending experts at First Down Funding are all too familiar with the challenges small and medium-sized business owners regularly face. For new business owners, acquiring the initial start-up capital is of course one of the largest. Banks often freeze out promising entrepreneurs by demanding the type of security and collateral that no individual founding a new business will have, or else will offer loans with outlandish interest rates. Existing business owners are also faced with similar hurdles. Ironically, they will often find it difficult to obtain loans to implement the very improvements necessary to achieve the kind of profitability banks and other traditional lenders require before offering a manageable loan. With all these challenges, the last thing an aspiring business owner needs is difficulty in securing a loan due to a language barrier. Having already addressed the financial aspects by approving 85% of applicants for one of their fast, affordable and flexible loans, First Down Funding is now ensuring that Spanish speaking entrepreneurs can just as easily take advantage of their vital services.

The United States was recently shown to have 41 million native Spanish speakers and 11.6 million bilingual individuals -- which is the second largest population of Spanish speakers in the world second only to Mexico. While its numbers are certainly lower than the U.S., Canada has also been shown to have quite a large number of Spanish speakers. With the considerable size of this demographic, it was clear to First Down Funding that to give every entrepreneur an equal chance, it was necessary to institute a Latin American division. So far, the response has been overwhelming as Spanish/Latin American clients have finally found a reputable lender than not only provides fast and affordable loans with personalized service but also ensures ease of communication in their preferred language. One such client enthusiastically stated: "Working with First Down Funding is an incredible experience. They are currently helping out my tenants as I own several shopping centers across the East Coast. Speaking Spanish has always been a problem as the language barrier can create difficulties, but with First Down Funding, they found a way to make it work!" Another Spanish speaking client, currently the owner of four Outback Steakhouse restaurants, expressed similar sentiments: "Every hurdle I have [been] faced with in the past was no issue at all...I have traveled my entire life and finally have found the right mix of financial help with First Down Funding."

First Down Funding is a Washington DC/Maryland based company specializing in structuring and approving cash advances for small to medium-sized businesses. With affordable rates, transparent fees, fixed payment schedules and a fast and simple process that allows 30 second applications and funding within 24 hours, they allow business owners throughout the US and Canada receive the funding they need when they need it. The experts at First Down Funding also provide valuable financial advice and give each client the attention necessary to create a personalized solution.

SOURCE: First Down Funding

Ride-sharing apps are booming in Latin America — and competition is stiff

Uber has changed her life, says graphic designer Olga Lucia Rodriguez.

Since the ride-sharing application became available in Bogota, Colombia, two years ago, she and her three female employees no longer fear for their lives when taking a cab home after a late night at work in this crime-ridden and traffic-clogged Andean capital. Instead, they order up an Uber ride on their smart phones and breathe a bit easier.

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It’s not all tech: 5 industries with strongest entrepreneurial growth potential

Technology, healthcare, education services, creative industries and food/beverage are entrepreneurial industries that play to Miami’s strengths and appear to have the strongest growth potential in the local innovation economy, a new report by Endeavor Miami finds.

Endeavor Miami, a nonprofit organization that selects, supports and accelerates high-impact entrepreneurs, produced a report in order to get a better reading on where Miami’s entrepreneurial economy may be headed.

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Mexican start-ups at end of the queue for venture capital backers

Martín Meléndez, a Mexican video games developer, has a proven record and a project that he estimates will break even a month after it is launched. He needs to raise $500,000. Yet virtually no Mexican investors will touch him.

“When I pitch to venture capital firms or private investors, they say ‘the business plan looks strong, the idea is fantastic, but video games . . . I don’t know’,” says the 25-year-old entrepreneur. “They say, ‘if you get another investor, we’ll think about it’. No one wants to be the first. That’s been happening for over a year now.”

Yet raising money in Mexico ought not to be that difficult. Luis Robles, head of the Mexican Banking Association (ABM), said this year that the country’s banks had enough capital to boost their credit portfolios by a third: “In other words, we have unused installed capacity equivalent to $100bn.”

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Latin America dating app Kickoff inks $1.6 mln

New York, NY – Kickoff, Latin America’s leading dating app, which connects friends of friends looking for a meaningful relationship, has received a $1.6 million investment from Monashees Capital, Brazil’s leading venture capital fund, and angel investors. Kickoff emphasizes quality connections over quantity by making introductions to people in each user’s social network. Kickoff is available on iOS and Android.

Kickoff was launched in São Paulo in December 2014 and has grown via word of mouth across Brazil and Argentina. “Our international team has built Kickoff into the leading dating app in Latin America, where Kickoff’s focus on making introductions to people in your social network is a great fit and differentiator. Friend and family connections are particularly important here. The Monashees investment provides us the resources to grow our team, expand to new cities and develop new features our users are asking for,” says co-founder and COO Alanna Phelan.

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Now Open: 2016 Echoing Green Fellowship Application

The 2016 Echoing Green Fellowship application is now open! Echoing Green is accepting applications for our 2016 class of Fellows until November 17, 2015 at 2:00 pm ET. We’re looking for emerging leaders, driven by a strong sense of purpose, who are ready to challenge the status-quo as they tackle issues facing their communities across the globe. We’ve pulled together some sample language you can use to share this opportunity among your network: Twitter .@echoinggreen is seeking the world's most promising #socent! Apply for a 2016 Fellowship: http://www.echoinggreen.org/fellowship/apply Are you a #socent making #bigboldchange? @echoinggreen's 2016 Fellowship application is open! Details: http://www.echoinggreen.org/fellowship/apply Calling all #socent! Apply to @echoinggreen's 2016 #Global #Climate #BMA #Fellowship by 11/17! Details: www.echoinggreen.org/fellowship/apply .@echoinggreen is granting $90K to launch your idea to solve the world’s biggest problems. www.echoinggreen.org/apply #EGFellows #socent Facebook/LinkedIn Could you use up to $90,000 to launch your innovative idea, and change the world? @Echoing Green[https://www.facebook.com/echoinggreen]’s Fellowship Programs invest in next generation leaders working to solve the world’s biggest problems with up to $90,000 and individualized support to launch your enterprise. Apply by Nov. 17: www.echoinggreen.org/apply Helpful Links Apply Selection Criteria & Eligibility Application Timeline Fellowship FAQs

MBA Entrepreneurs From Top B-Schools Raise $62bn In Venture Capital

Start-up companies founded by graduates of 25 top business schools have raised $62.8 billion in venture capital funding, according to a BusinessBecause analysis of data from PitchBook, a VC and private equity research firm.

PitchBook compiled a ranking of the top global universities and business schools for VC funding.

Top of the MBA list is Harvard Business School, whose 557 entrepreneurs have raised $6.7 billion for nearly 500 start-up companies. One Harvard venture, Oscar Health Insurance, a US health insurance company that utilizes technology and data, raised $327 million, valuing the start-up at $1.5 billion

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Entrepreneurial Advertising: The Future Of Marketing

Americans love entrepreneurs. The risk and drama of business keeps us watching shows like Shark Tank and putting innovators like Mark Zuckerberg and Seth Godin on high pedestals. We love the idea that anyone can turn an idea into an empire. We might adore pro athletes and gawk at celebrities. But we want to be entrepreneurs.

Entrepreneurism is on the rise, across all industries. According to a study by the Kauffman Foundation, U.S. entrepreneurial activity grew this year at a rate faster than it has in two decades. Some people are leaving the comfort of corporate to start their own ventures, and the rate of U.S. freelancers has hit a record 34%.

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U.S. sees big spike in black and Hispanic women entrepreneurs

On Wednesday, the National Women's Business Council released an analysis of preliminary Census data which showed there were nearly 10 million women-owned small businesses in the U.S. in 2012, an almost 22% increase from 2007. (The Census defines a woman-owned business as one where a woman owns 51% or more of the business equity of stock).

While men still own more businesses than women, women-owned businesses grew at a rate of four times that of male-owned businesses. In 2012, men owned nearly 15 million businesses.
Overall, women-owned businesses earned a total of $1.6 trillion between 2007 and 2012 and the vast majority (89.4%) were run by sole proprietors, meaning the only employee was the owner.

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Nation’s Top Entrepreneurs Of Color To Convene In New Orleans July 1-3 For 2nd Annual Powermoves Nola Conference

NEW ORLEANS (June 23, 2015) — PowerMoves.NOLA is convening the country’s premier entrepreneurs of color for its second annual national conference in New Orleans on July 1-3, 2015 to coincide with ESSENCE Festival® presented by Coca-Cola®. The three-day event is designed to connect nationally-sourced entrepreneurs with a preeminent network of advisors, experts, and investors. The conference advances PowerMoves.NOLA’s mission to increase the number of America’s venture-backed, minority-founded companies in high-tech and high-growth sectors. It is made possible through the generous support of Chevron as Founding Sponsor and Morgan Stanley as Presenting Sponsor.

“Entrepreneurs of color do not typically have access to deep pools of capital, and this event is about identifying the very best of this historically overlooked talent pool and connecting them to experienced investors. The entrepreneurs get unparalleled access, and the investors are exposed to attractive prospective investment opportunities at reasonable valuations,” said Earl Robinson, the president of PowerMoves.NOLA.

More than 50 highly-regarded investors and advisors and some 40 entrepreneurs will be in attendance. In addition to hand-selecting the nation’s most promising entrepreneurs of color, several invitation-only events ensure top-quality deal flow.

The conference will also include the culmination of the PowerUp Boot Camp for early-stage entrepreneurs of color. The intense program helps them develop viable brands, produce effective business models, and prepare for the Demo Day presentation to potential investors held at the conference on July 3.

For descriptions of all participating entrepreneurs, visit http://www.powermovesnola.org/2015-conference/.


SCHEDULE OF EVENTS

Entergy Angel Pitch
This pitch will feature five early-stage entrepreneurs competing for a $25,000 cash prize.
July 2, 9AM - 10:30AM, Club XLIV in Champions Square (LaSalle St)

Morgan Stanley Series A Pitch
This pitch will feature five later-stage entrepreneurs competing for a $25,000 cash prize.
July 2, 11AM - 12:30PM, Club XLIV in Champions Square (LaSalle St)

PowerMoves Alumni Panel
This panel will feature former PowerMoves.NOLA Pitch and Demo Day participants as they discuss their experiences scaling their startups and raising capital as entrepreneurs of colors.
July 2, 2PM - 3:30PM, Club XLIV in Champions Square (LaSalle St)

Morgan Stanley FinTech Showcase
This showcase will feature five entrepreneurs representing the financial technology field present their business models to a select group of investors and industry business leaders.
July 3, 8:30AM - 10AM, Freeport-MacMoRan Building, 1615 Poydras Str, 23rd Floor

PowerUp Demo Day presented by IBERIABANK
Twenty early-stage tech entrepreneurs of color will culminate their 6-week boot camp at the PowerUp Demo Day where they will pitch for the chance to win a $15,000 cash prize.
July 3, 10AM - 11:30AM, Pan American Life Building, 601 Poydras St. -20th Floor - IBERIABANK Atrium

Big Break Power Pitch
Four consumer-focused startups founded by entrepreneurs of color will compete at the 2015 ESSENCE Festival® presented by Coca-Cola® for the chance to get their “Big Break.” The winner will receive a $25,000 cash prize and exposure to investors and business leaders. The Big Break Power Pitch will be moderated by Carla Harris, Vice Chairman, Global Wealth Management, Managing Director and Senior Client Advisory at Morgan Stanley.
July 3, 1:30PM – 2:15PM, Center stage in the Ernst M. Morial Convention Center

More about the conference at http://www.powermovesnola.org/2015-conference/

ABOUT POWERMOVES.NOLA
PowerMoves.NOLA is a national initiative to deploy innovative ideas, fresh approaches, and an overall commitment to equity and diversity as a growth strategy to address the generational obstacles that prevent minority entrepreneurship. Leveraging the thriving entrepreneurial ecosystem, resources, and culture of New Orleans, PowerMoves.NOLA’s mission is to increase the number of venture-backed minority-founded companies locally and nationally.

PowerMoves.NOLA is made possible through the generous support of its sponsors including Chevron as Founding Sponsor and Morgan Stanley as the Presenting Sponsor. Other major sponsors include Entergy, IBERIABANK, Liberty Bank, Minority Business Development Agency (MBDA) and ESSENCE Festival® presented by Coca-Cola®.

In addition to the national conference, programs include City Ventures, PowerUp Boot Camps, and a fellowship.

City Ventures
City Ventures introduce regional and national startup talent to partner cities, highlight existing local entrepreneurial resources and ecosystems, and aid in the strategic positioning of those cities as regional hubs for high-growth and high-tech entrepreneurs of color. City Ventures kicked off with the activation of PowerMoves@Detroit sponsored by Morgan Stanley in April.  Co-hosted by Invest Detroit, PowerMoves@Detroit was a three-day event in which local and nationally recruited entrepreneurs of color participated in venture capital pitch competitions, vying for $120,000 in direct prizes and a chance to raise their visibility to other investors.

A short video on PowerMoves@Detroit can be viewed here: https://vimeo.com/candlelightfilms/review/127048836/2ec6140b5b

PowerUp Boot Camp
PowerUp is an intense boot camp training for early-stage entrepreneurs of color to develop viable and fundable business models with advice from successful entrepreneur and investor mentors. The boot camp begins with a 6-week virtual program where companies attend interactive sessions covering specific entrepreneurship-related topics and pitch coaching. Participants are then brought together for 2-days of mentor-led workshops, peer learning and networking.

The Fellowship
The Fellowship, sponsored by Chevron, helps high-growth minority-led startups succeed by individually connecting them to executive, capital and technical assistance through a national network of advisors, mentors, experts and investors.  Selected Fellow received $25,000 in investment capital and free office space during their fellowship year the PowerMoves headquarters. Eligible startups commit to have a C-Level executive and be at 25% or more of their FTE employees living in the New Orleans for at least a year.

More at powermovesnola.org.