Innovation Crisis in Black America: Where are the Entrepreneurs?

[MFerrier]

Hello Detroit!

Here's an article by Mike Green in the Huffington Post about
innovations in the digital space, but he questions where are the
entrepreneurs of color?

Are we there, but yet invisible? Take a look at the article and post
your comments.

Mike has agreed to be on our development team for the Journalism That
Matters: North Carolina effort! So let's help fuel this pre-conference
push to get attention -- and funding -- to entrepreneurs of color!

Also, we're forming our planning team for North Carolina and are close
on a venue. If you're interested in being part of this exciting
sequel;-), please let me know at michelle(at)michelleferrier.com!

Michelle Ferrier

[MFerrier]

OK folks, so here's the link to Mike's article:
http://www.huffingtonpost.com/mike-green/innovation-crisis-in-blac_b_703936.html

[Lori Robinson]

It's pretty incredible that I would get Michelle's email within seconds of
getting an email about this: http://www.detroitsoup.com

Detroiters, we should all be at this event every month!!!

Become a fan at www.facebook.com/BLACdetroitmagazine.

Follow us on Twitter at www.twitter.com/BLACmagazine.

African American Family is now B.L.A.C. Detroit magazine.
B.L.A.C. is an acronym for Black Life, Arts & Culture.

LORI S. ROBINSON | Editor | BLAC Detroit Magazine
248.398.3400 ext. 134 | 248.399.3970 FAX | lo...@BLACdetroit.com
............................................................................
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22041 Woodward Avenue
Ferndale, MI 48220
www.BLACdetroit.com
www.facebook.com/BLACdetroitmagazine

[mgrea...@yahoo.com]

I'm there but invisible...;-)
Sent via BlackBerry by AT&T

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[edi...@comvoicesonline.com]

Wow! That was a great article by Mike Green. After attending the
Innovation 100 event at the University of Missouri as part of our
Journalism that Matters grant prize, I too was amazed that (besides my
husband and I) there were no other African Americans represented. There
are some awesome things being done out there, and I too ask the question
as a journalist and business owner of color along with my husband---where
do we start in pushing the African Americans who do have the talent and
ideas, and how do we educate the younger generation on how to get in the
game?

I am excited Mike will join the JTM crew...count me in as well!!!

Sonya Bernard-Hollins

[edi...@comvoicesonline.com]

Man! This is a great idea! I will contact the coordinators, this would be
a great idea for any city. I would love to start something like that here
in Kalamazoo!!!

Lori, thanks for sharing!!

Sonya Hollins, editor
Community Voices
www.comvoicesonline.com
edi...@comvoicesonline.com

[Michelle Ferrier]

Hi all,
The event that Lori has found in Detroit mirrors efforts nationwide modeled after a book called "Slow Money" by Woody Tasch. It explains a model for local investors to invest in local start-up and ongoing enterprises. These efforts typically offer low-cost loans directly from the "loan cooperative" of anywhere from $100 (microloans) to XX??? Who knows? Interest rates are typically 1-3% or a bit higher, but lower than traditional bank rates.

I am applying for one of these slow money loans from a group nearby focused on local food and sustainability. The investor(s) get to shape the terms, but they are GREAT sources of startup funds if you can find these investors interested in your niche. They are like angel investors, except they don't take any equity share in your company...just a straight-up loan.

So look for these options in your own region. And if they aren't there, start at the local business incubators and arts supporters and others and see if you can get a slow money group started. If anyone's interested, I think a group local to me is one of the first in the country to really put Woody's ideas into full-fledged operation. I'd be happy to put you in touch with them.

Bloom where you're planted,
Michelle
LocallyGrownNews.com

 

 

-----Original Message-----
From: edi...@comvoicesonline.com [mailto:edi...@comvoicesonline.com]
Sent: Friday, September 3, 2010 06:04 PM
To: jtm-d...@googlegroups.com
Subject: Re: [JTM-Detroit] Re: Innovation Crisis in Black America: Where are the Entrepreneurs? The ACTUAL LINK;-)

Man! This is a great idea! I will contact the coordinators, this would be a great idea for any city. I would love to start something like that here in Kalamazoo!!! Lori, thanks for sharing!! Sonya Hollins, editor Community Voices www.comvoicesonline.com edi...@comvoicesonline.com > It's pretty incredible that I would get Michelle's email within seconds of > getting an email about this: http://www.detroitsoup.com > > Detroiters, we should all be at this event every month!!! > > > Become a fan at www.facebook.com/BLACdetroitmagazine. > > Follow us on Twitter at www.twitter.com/BLACmagazine. > > African American Family is now B.L.A.C. Detroit magazine. > B.L.A.C. is an acronym for Black Life, Arts & Culture. > > LORI S. ROBINSON | Editor | BLAC Detroit Magazine > 248.398.3400 ext. 134 | 248.399.3970 FAX | lo...@BLACdetroit.com > ............................................................................ > ............................................................................ > ..... > > 22041 Woodward Avenue > Ferndale, MI 48220 > www.BLACdetroit.com > www.facebook.com/BLACdetroitmagazine > > > > > > > > On 9/3/10 11:06 AM, "MFerrier" wrote: > >> OK folks, so here's the link to Mike's article: >> http://www.huffingtonpost.com/mike-green/innovation-crisis-in-blac_b_703936.ht >> ml >> >> >> >> On Sep 3, 11:02 am, MFerrier wrote: >>> Hello Detroit! >>> >>> Here's an article by Mike Green in the Huffington Post about >>> innovations in the digital space, but he questions where are the >>> entrepreneurs of color? >>> >>> Are we there, but yet invisible? Take a look at the article and post >>> your comments. >>> >>> Mike has agreed to be on our development team for the Journalism That >>> Matters: North Carolina effort! So let's help fuel this pre-conference >>> push to get attention -- and funding -- to entrepreneurs of color! >>> >>> Also, we're forming our planning team for North Carolina and are close >>> on a venue. If you're interested in being part of this exciting >>> sequel;-), please let me know at michelle(at)michelleferrier.com! >>> >>> Michelle Ferrier > > > -- > You received this message because you are subscribed to the Google Groups > "Journalism That Matters-Detroit" group. > To post to this group, send email to JTM-d...@googlegroups.com. > To unsubscribe from this group, send email to > JTM-detroit...@googlegroups.com. > For more options, visit this group at > http://groups.google.com/group/JTM-detroit?hl=en. > > -- You received this message because you are subscribed to the Google Groups "Journalism That Matters-Detroit" group. To post to this group, send email to JTM-d...@googlegroups.com. To unsubscribe from this group, send email to JTM-detroit...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/JTM-detroit?hl=en.