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The Black MasterMind Group Charitable Foundation

The Black MasterMind Group Charitable Foundation is designed to create strategies to help the Black entrepreneurial community start, stabilize, sustain and scale businesses. It educates, trains, coaches, mentors, develops and provides funding initiatives

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)
  • Market Research (Specialty)
  • Identification/Research of Foreign Markets
  • Forming a Business (Specialty)

Management Issues

  • Human Resources
  • Insurance Requirements
  • Leadership/Professional Development (Specialty)
  • Recruiting Assistance

Financial Resources and Assistance

  • Obtaining Debt Funding
  • Obtaining Equity Funding
  • Obtaining Government Funding
  • Loan Providers
  • Real Estate Finance
  • Budget, Financial Statement and Cash Flow Training (Specialty)

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
  • Award Recognition
  • Call Center Services

Networking Organizations

  • Demographically Based (Specialty)
  • Geographically Based (Specialty)
  • Industry Specific
  • Home Based
  • Small Business/General (Specialty)
  • International Trade

Selling to the Government and Large Corporations

  • Bid Matching and Preparation
  • Registration Assistance
  • Subcontracting Opportunities
  • Obtaining Government Contracts
  • Obtaining Corporate Contracts

Office, Incubator, Accelerator, Laboratory, Kitchen and Meeting Space

  • Conference/Meeting and Event Space (Specialty)
  • Incubator Space
  • Office Equipment and Furniture
  • Office Space
  • Retail Space
  • Commercial Kitchen Facilities
  • Site Location
  • Coworking space
  • Accelerator

Tax Services

  • State and Federal Tax Training

Technical Assistance

  • Website Development (Specialty)

Training

  • Bookkeeping/Accounting Software Training (Specialty)
  • Business Plan Training and Assistance (Specialty)
  • Budget, Cash Flow and Financial Statements Training (Specialty)
  • Home-Based Business Training (Specialty)
  • Marketing Plan Training (Specialty)
  • Health and Safety Training (Specialty)
  • Business Management Training (Specialty)
  • Human Resources Training (Specialty)
  • E-Commerce/Internet Marketing (Specialty)
  • Startup Classes (Specialty)

Nonprofit Development

  • Board Development (Specialty)
  • Funds Development (Specialty)
  • Strategic Planning (Specialty)
  • Accounting
  • Human Resources
  • Technical Services

Human Resources

  • Employee Development, Hiring and Policies (Specialty)
  • Retention (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)

Buying or Selling a Business

  • Buying or Selling a Franchise
  • Purchasing an Existing Business
  • Valuation

Mentoring

  • Formal Mentoring Programs (Specialty)
  • One-on-One Counseling (Specialty)
  • Peer Mentoring (Specialty)

Internship Programs and Student Services

  • Youth Entrepreneurship Education (Specialty)
Connect Me With This Organization
Contact Information
Donnetta Watson
Address
1121 N 5th Street
Kansas City, KS 66101
Phone
(913) 306-3685
Website
https://theblackmastermindgroup.com
Directions
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