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Financial Strategy Mentors for Tech Entrepreneurs

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ORGANIZATION: Bethel New Life

  • A group opportunity. Invite your friends.
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As many of you know, we are starting our 3 rd cohort of the Blackstone grant that focuses on Technology and Entrepreneurship. This correspondence is for a call out to mentors in the accounting and finance areas of expertise. While we focus on invention and development of new products we would like our students to focus on developing their understanding of break even for their business, technology development costs, sustainability costs and their overall financial plan toward success.

The commitment we are looking for from the mentors is to participate in the class room, one on one with students on March 7 th, and 21 st, April 18 th May 2 nd and May 23 rd for 2 hours each night. It would be helpful to be available for an occasional call from the students during our cohort that ends on June 6 th to make sure they are on the right track. We are looking for 6 mentors for 12 adult students. Please have any interested parties contact me directly at pfairweather@bethelnewlife.org or any of the numbers listed below.

If you are not personally available please circulate this correspondence among your network for those who might. Thank you for your support to help underserved and underrepresented populations compete in our new tech economy.

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About Bethel New Life

Location:

4950 West Thomas Street, Chicago, IL 60653, US

Mission Statement

The mission of the West Side Forward organization of Bethel New Life is to bring life-changing economic opportunities to Chicago’s West Side residents, with the intent of significantly increasing the collective standard of living in these communities.

Description

West Side Forward, evolving from Bethel New Life, is committed to economically transforming the West Side of Chicago. The core service lines to realize this mission are business development, workforce development, and influencing economic investment. WSF works in concert with such partners as the Technology & Manufacturing Association, Austin Coming Together, the City of Chicago, and others to encourage West Side industrial development investments focused on the high growth industries of Transportation Distribution and Logistics and Advanced Manufacturing. Initiatives to influence such investments include the strength of the local workforce, the economic attractiveness of available real estate, policies put in place by the City to assure safety and security, and financial incentives offered by the City.WSF’s targeted geographic area is Austin, East and West Garfield Park, Humboldt Park and North Lawndale, with a combined 2015 population of 226,328 residents. More than 90% of the total population in these communities is African American. Several barriers play into why there is an estimated 20% unemployment and underemployment rate on Chicago's West Side. These are among the most disadvantaged communities in the City, and possess high concentrations of poverty. The median hardship index rating for these community areas is 85 out of a possible 100. Educational opportunities are limited, schools are poor, and educational attainment lags well behind that of the rest of the City.



CAUSE AREAS

Community
Education & Literacy
Women
Community, Education & Literacy, Women

WHEN

Thu Mar 07, 2019 - Thu May 23, 2019
06:00 PM - 08:00 PM

WHERE

4950 West Thomas StreetChicagoChicago, IL 60651

(41.90129,-87.75119)
 

SKILLS

  • Budgeting
  • Cost Analysis
  • Market Research / Analysis

GOOD FOR

  • Group

REQUIREMENTS

  • 5 Classes over three months 2 hours each from 6-8 pm. March 7, 21st, April 18th, May 2nd and May 23rd
  • offline availability for occasional questions from the students

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