Cedar Valley Minority Business & Entrepreneurship Accelerator
The Cedar Valley Minority Business & Entrepreneurship Accelerator aims to provide critical and intensive financial and sustainability support to accelerate growth and development for new and existing minority owned businesses in the Cedar Valley. We believe in taking action with urgency in order to reduce barriers and raise public awareness about the most pressing issues facing the minority owned business community. For more info please visit www.cvmbea.com.
Executive Leadership Mentoring & Sponsorship
According to Associated Press analysis of government data, black workers are chronically underrepresented in high-salary jobs in technology, business, life sciences, and architecture and engineering, among other areas. Instead, many black workers find jobs in low-wage fields, according to AP analysis. Blacks are also underrepresented in the 11 categories with the highest median annual salaries, as listed by the Bureau of Labor Statistics. The ratio of white-to-black workers is about 10-to-1 in management, 8-to-1 in computers and mathematics, 12-to-1 in law, and 7-to-1 in education — compared with a ratio of 5.5 white workers for every black one in all jobs nationally. The top five high-paying fields have a median income range of $65,000 to $100,000, compared with $36,000 for all occupations nationwide.
24/7 understands for true community equity it is necessary to have more Blacks in positions of influence. We work with Black professionals to provide leadership tools while providing an access point to connect with talent prepared to lead for businesses in our community.
Financial Empowerment Resources
"Financial literacy is the key to financial empowerment allowing individuals to properly apply financial management skills to everyday decisions. It has always been important to me to do everything I can to educate my community about finances, and how to make money work for you instead of you working for the money,” said Robert L. Smith, Jr., Executive Director of the University of Northern Iowa Center for Urban Education (UNI-CUE). “ Dr. Martin Luther King, Jr. famously told us that ‘the belief that God will do everything for man is as unattainable as the belief that man can do everything for himself. It too, is based on a lack of faith’. We must have the faith that, while God will help us, we too must work to establish ourselves financially in this world.”
The goal of the Building Wealth financial empowerment series is to connect with historically marginalized and underbanked populations to create businesses, build financial empowerment and resiliency skills, reach financial goals and explore asset building. Click here for a list of trainings and to register to attend.
Skill Up Virtual Career Development Support
On October 15, we invite African Americans experiencing employment hardships due to the pandemic to participate in "Skill UP", a 16 week Virtual Career Accelerator featuring interview training, resume review and IT or Marketing certification. Participants will be sent a zoom link two days prior to the event. Skill Up is brought to you by the 24/7 Black Leadership Advancement Consortium. To register please click here or for additional information, please contact Joy Briscoe at firstname.lastname@example.org. We look forward to working with you along your professional journey.
Diverse Supplier Network
We work with Grow Cedar Valley, our local chamber, to encourage the use of Black Owned businesses and contractors in our community. Additionally, we provide resources/training via programs like the CVMBEA on ways to be identified as a minority owned business.
For more information on one of the aforementioned programs or to receive updates please email email@example.com.