Nonprofit / Social Impact·2011

TheCashFlow & 100 Urban Entrepreneurs — A New Model for Entrepreneurship in Urban America

TheCashFlow & 100 Urban Entrepreneurs

TheCashFlow & 100 Urban Entrepreneurs — A New Model for Entrepreneurship in Urban America

Challenge

How do you close the entrepreneurship access gap for young urban Americans in a category that had spent a decade talking about mentorship and almost none of it delivering to this audience? The number of 18-to-35-year-olds in urban communities who wanted to start a business had never been higher. Their access to capital, education, and even basic startup information had barely moved. Accelerators were concentrated around technical founders in a handful of zip codes.

Insight

The obstacle wasn't talent. It was access to information, capital, and professional networks — and the fact that for this audience, the startup process itself had never been made visible. Our working thesis: make the whole thing transparent. If a young entrepreneur in Dallas or Atlanta or DC could watch someone who looked like them pitch, get selected, get funded, and actually launch, the process stopped being a mystery. It became a path.

Strategy

That reframe drove every program decision: transparent pitch events in the community, public funding, mentor matching by industry and need, and a contractual requirement that every funded entrepreneur document the journey — so one winner's path became the education of thousands.

Execution

We built 100UE as a four-part, fully integrated system for taking young urban entrepreneurs from idea to viable business:

  • 100UE Live Pitch Events — one- to three-day community events built around a 60-second pitch format, held in partnership with the White House Urban Entrepreneurship Summits, the National Urban League, Black Enterprise, and HBCUs including Howard University and Florida A&M University.
  • Startup Program — the 10-step curriculum taking founders from idea to viable business.
  • Startup Mentoring — every funded recipient individually paired with a mentor matched by industry, geography, and need.
  • Documenting the Journey — every funded entrepreneur was contractually responsible for documenting their startup journey across video, blog, social, and press.

Results

  • $10,000 startup grants awarded to pitch winners, paired with an eight-week business-mentoring program.
  • 50+ entrepreneurs had participated in the program's early cohorts, reaching thousands more.
  • The pitch-event multiplier — for every pitch winner, 100UE reached more than 35,000 people: 150+ pitch submissions, 10+ finalists, 500+ in-room audience, 10,000+ media views, and 25,000+ social media hits. Message multiplied by a factor of 100.
  • National partnerships with the White House Urban Entrepreneurship Summits, the National Urban League, Black Enterprise, and leading HBCUs.
  • 501(c)(3) structure built to scale the model from single markets into access for entire communities.

35,000+

People reached per pitch winner (a 100x multiplier)