Founder of $500k Scholarship Fund Supports Black Women Entrepreneurs

Award-profitable entrepreneur Dr. Velma Trayham has released a $500,000 scholarship fund to aid Black females business people across the country.

The fund, which is a section of her upcoming Millionaire Mastermind Entrepreneur Accelerator System this spring, is being offered by suggests of Dr. Trayham’s Millionaire Mastermind Academy and her enterprise, Thinkzilla Consulting Group.

The accelerator system presents comprehensive mentoring, enterprise education, and access to funding advancement chances for minority business homeowners and has aided more than 7,000 ladies nationwide acquire the schooling they need to thrive in company. The accelerator software runs from March 8th by June 14th and is out there on the web or in-man or woman in Scottsdale, Arizona.

Scholarship and software applications are now becoming recognized. The Millionaire Mastermind Academy has formerly awarded $60,000 in scholarships and far more than $30,000 in seed funding to help females business owners create effective sustainable enterprise enterprises.

“We are thrilled to help even more gals business people in furthering their instruction to increase their firms,” reported Lexi Applequist, software coordinator for the Millionaire Mastermind Academy.

“In our impending plan, we seem ahead to bringing jointly minority gals from throughout the country to take handle of their economical futures and make a profound affect on their communities, families, and organizations.”

Today, extra than 36 p.c of Black-owned organizations are helmed by girls — larger than any other racial group — however only 3 per cent are regarded as “mature” corporations, in accordance to the Harvard Company Evaluation, underscoring the need for supplemental entrepreneurship schooling.

The accelerator method for entrepreneurs is a system of the Millionaire Mastermind Academy, which helps females organization homeowners bolster their businesses and impact the economy although addressing boundaries to economic mobility for people who have been systemically and historically underserved.

The 15-week Entrepreneur Accelerator Software is designed for minority ladies who have an proven U.S. small company that is one to 3 many years aged and who are searching to take their organization to the next level. Modules include picking the suitable enterprise model, figuring out a goal current market, choosing the appropriate price, setting up an effective marketplace plan, doing small business with governing administration organizations, business funding, and extra. It is sponsored by American Landmark, M&T Bank, and Blaylock Van, LLC.

“Support, education, and instruction can make all the change in an entrepreneur’s abilities and success, and we happy of the school-amount training we supply each girl who joins us with the goal of creating a more powerful and brighter future,” Trayham said.

“We take pleasure in both of those our donors and our excellent method sponsors who assistance make this function achievable.”

This tale initially appeared on Blacknews.com