San Diego CA—With a $500,000 combined grant, Founders First CDC and Pacific Western Bank, with support from other community and bank contributors, today announces the first cohort of the San Diego Clydesdale Community Leaders Program.
The participating, Black-owned business are:
- Green Sustainable Consultants, Construction Services Workers, Right of Way Acquisitions, Inc.,
- A-K Commercial & Construction Cleaning,
- Telemarketr, RDM Management Group,
- L3 Coaching Solutions,
- Black San Diego,
- Sylvia Cartwright MD Inc.,
- Good Neighbor Gardens,
- OYA FEMTECH Apparel, Fulaba,
- DREAMbuilders Youth Mentoring Network
The San Diego Clydesdale Community Leaders Program includes a 24 month intensive transformational growth program and access to new minority small business contracts averaging $75,000 per year with corporations and government organizations to help support growth. In addition, chosen companies will have access to flexible revenue-based business growth loans of $10,000 to $25,000. The small business owners who participate in the program will expect to average 25% growth year over year. The four phase program kicks off with a 60-day workshop curriculum taught virtually with small groups and individual coaching sessions.
Participants in the San Diego Clydesdale Community Leaders Program will also have the opportunity to give back by inspiring local elementary students about concepts related to job creation. The 5th grade students and their families will participate in youth entrepreneurship and a financial literacy program to expose and educate them about concepts related to local economic development and small business leadership. Students who successfully complete the online programs will participate as junior VIP judges to select a student choice winner of the Pitch competition portion of the Challenge Program.
Kim Folson, founder and CEO of Founders First, shares, “We are thrilled to help position San Diego as a center for growth-oriented entrepreneurship by continuing to have a significant impact in using best practices, experience, and leveraging combined expertise of leadership, stakeholders/corporates, investors, and mentors to guide and implement a deliberate, sequenced, and prioritized small business development strategy.”
Interested Black small business owners can apply at: https://foundersfirstcdc.org/challenge/clydesdale/