The Black Mastermind Group Charitable Foundation
About
The Black MasterMind Group Charitable Foundation is a 501(c)(3) non-exempt organization developed to operate under a business-to-business (B2B) model. The Black MasterMind Group is a membership-based organization providing the Black entrepreneurial community:
- Education
- Training
- Coaching
- Mentoring
- Development
The Black MasterMind Group is designed to create strategies that start, stabilize, sustain and scale businesses in the Black entrepreneurial community. The Black MasterMind Group works collaboratively with organizations, community leaders, business coaches, trainers, educators and business leaders to teach entrepreneurial financial literacy and business strategies helping the Black entrepreneurial community secure funding.
TBMMG’s Three-Pronged Approach to Success
1. Education
The Business Mastery Program is 24 weeks of accelerated, intensive business training taught by experienced entrepreneurs. Operations, marketing, sales and finance strategies are included in each track.
2. Coaching, Mentoring, and Development
Every entrepreneur in the Business Mastery Program is assigned a bridge builder business coach for 12 months. There are six months of coaching through the Business Mastery Program and six months after the program ends to assist with the day-to-day challenges every entrepreneur faces. During the final six months of coaching, entrepreneurs are also required to report to a board of mentors after graduating from the Business Mastery Program.
3. Funding
Included in the Business Mastery Program is access to funding initiatives that fit the entrepreneur’s industry and business. Working with micro loan funds, lending groups, banks, investors and equity stakeholders who provide needed capital to start, stabilize, sustain and scale the entrepreneur’s business.
Services Provided
Public Policy and Government Relations
- African-American Business (Specialty)
Business Planning
- Business Plan Consulting, Development and Review (Specialty)
- Demographic/Census Data (Specialty)
- Feasibility Studies (Specialty)
- Forming a Business (Specialty)
- Identification/Research of Foreign Markets
- Market Research (Specialty)
Management Issues
- Human Resources
- Insurance Requirements
- Leadership/Professional Development (Specialty)
- Recruiting Assistance
Financial Resources and Assistance
- Budget, Financial Statement and Cash Flow Training (Specialty)
- Loan Providers
- Obtaining Debt Funding
- Obtaining Equity Funding
- Obtaining Government Funding
- Real Estate Finance
Libraries and Research Organizations
- Demographic/Census Data
Marketing/Sales
- Advertising/Brochure Design
- Demographics/Census Data
- E-Commerce/Internet Marketing
- Feasibility Studies (Specialty)
- Market Plan Development and Training (Specialty)
- Market Research (Specialty)
- Website Development
Networking Organizations
- Demographically Based (Specialty)
- Geographically Based (Specialty)
- Home Based
- Industry Specific
- International Trade
- Small Business/General (Specialty)
Selling to the Government and Large Corporations
- Bid Matching and Preparation
- Obtaining Corporate Contracts
- Obtaining Government Contracts
- Registration Assistance
- Subcontracting Opportunities
Office, Incubator, Accelerator, Laboratory, Kitchen and Meeting Space
- Accelerators
- Commercial Kitchen Facilities
- Conference/Meeting and Event Space (Specialty)
- Coworking Space
- Incubator Space
- Office Equipment and Furniture
- Office Space
- Retail Space
- Site Location
Tax Services
- State and Federal TaxTraining
Technical Assistance
- Website Development (Specialty)
Training
- Bookkeeping/Accounting Software Training (Specialty)
- Budget, Financial Statements and Cash Flow Training (Specialty)
- Business Management Training (Specialty)
- Business Plan Training and Assistance (Specialty)
- E-Commerce/Internet Marketing (Specialty)
- Health and Safety Training (Specialty)
- Home-Based Business Training (Specialty)
- Human Resources Training (Specialty)
- Marketing Plan Development and Training (Specialty)
- Startup Classes (Specialty)
Nonprofit Development
- Accounting
- Board Development (Specialty)
- Funds Development (Specialty)
- Human Resources
- Strategic Planning (Specialty)
- Technical Services
Buying or Selling a Business
- Buying or Selling a Franchise
- Purchasing an Existing Business
- Valuation
Human Resources
- Employee Development, Hiring and Policies (Specialty)
- Retention (Specialty)
Internship Programs and Student Services
- Youth Entrepreneurship Education (Specialty)
Starting a Business
- Business Research Resources (Specialty)
- Feasibility Studies (Specialty)
- Forming a Business (Specialty)
- Home-Based Business Training (Specialty)
- Registration, Licenses and Permits (Specialty)
- Site Location (Specialty)
- Startup Business Counseling (Specialty)
- Startup Classes (Specialty)
Mentoring
- Formal Mentoring Programs (Specialty)
- One-on-One Counseling (Specialty)
- Peer Mentoring (Specialty)
Donnetta Watson
1121 N 5th Street
Kansas City, KS 66101
(913) 306-3685