The WEI is excited to launch our 3rd Cohort of The WEI Incubator—a think tank style program designed to create peer-to-peer mentoring, small business development, a community of entrepreneurial support, and in-the-classroom training with today’s diverse woman entrepreneur in mind. We’re committed to providing BIPOC (Black, Indigenous, People of Color) women entrepreneurs access to meaningful networks, business training/coaching, business plan design, marketing/branding, product development/placement, and financial planning.
The WEI Small Business Incubator is a six-month immersion program. We meet bi-weekly on Thursdays (2 times per month) for 6 months (12 meetings) (5:30pm-8:30pm), followed by 6 months of networking and programming. Participants must attend all classes and participate in networking and peer-to-peer learning to maximize your program experience.
To apply for membership in the Spring 2024 WEI Incubator you must be:
1. A woman owned company or a woman who owns more than 70% of the company;
2. A woman of color;
3. The founder, co-founder, owner or co-owner of your company;
4. A legally formed entity or desiring to form a legal entity (LLC, Corp, Enterprise, 501c3); and
5. Currently generating less than $250K annually in revenue
For application related questions call 315-551-2500 TODAY. Rolling admission available. Next incubator starts April 2024.
Its been proven that mentoring, self-development programs, and sound policy help advance the career trajectory and income potential for working women and families. That's doubly true for women of color.
Mentoring and quality programming also helps put girls on a solid track for success.
From barriers in education to a gender based pay gap that widens with race, women of color are significantly underrepresented in America's economic landscape. That reality has become even more apparent with the onset of COVID-19.
Despite their levels of education, BIPOC women are the fastest-growing group of entrepreneurs, starting businesses at six times the national average, with many earning less than $28,000 annually. Wage differentials amongst African American, Latin, and Native American women persist across every level of education. In other words, education is not a conduit to fair pay.” Nor is it a conduit to equal access to capital or opportunity for women entrepreneurs.
In addition to policy, advocacy and technical assistance, the WEI offers a one year-long and one six-month long mentoring program providing personal and leadership development training to cultivate, inspire, and empower BIPOC women entrepreneurs and girls ages 12-24. The WEI also provides technical assistance and office sublet arrangements for women entrepreneurs.
To learn more about our small business incubator program or the Young Professional Black Women's Mentoring Initiative click the link below.
The lack of accessibility to viable career pathways economically stunts minority communities, leaving professional Black and Latino women trailing their white male and female counterparts at alarming rates, despite their educational attainment. Wage differentials and career inequities also result in increased unemployment, underemployment, employment at poverty level wages, and wealth inequality; fostering a cycle of multi-generational concentrated poverty and limited access to home ownership, quality healthcare, and healthy families—all of which make for strong healthy neighborhoods.
At The WEI we believe women have better opportunities for economic equity and wealth equality when they pursue their entrepreneurial endeavors, create jobs, gain better financial management skill, and build stronger networks. We also know that the zip code where they reside impacts their overall health.
At the WEI we focus on policy, technical assistance, and programs that foster health and economic equity, job readiness, educational achievement, quality housing, and entrepreneurism—positioning all women and girls for long term success—while improving their dignity, economic opportunity, and overall quality of life.
According to Black Enterprise, Black women are the fastest-growing group of entrepreneurs in the nation, starting businesses at six times the national average. However, access to capital, influential networks, mentoring and ancillary business, legal, and financial services are daunting challenges facing Black women entrepreneurs. The WEI is designed to encourage policy and a solutions-based approach to economic development training for women professionals and entrepreneurs of color.
Mentoring/training initiatives (for ages 12-24) advance our mission and vision to create pay equity, opportunity, and economic sustainability for all women and girls.
The Young Women's Mentoring Initiative (YWMI) provides workshops, peer-to-peer and formal mentoring, an annual women’s leadership summit, and targeted professional networking. YWMI offers a roadmap to viable employment, higher income earning potential, a sense of inclusion and visibility, and mentoring opportunities that broaden the spheres of influence and affluence of young women of color.
Youth workforce readiness and academic achievement is best accomplished through programming focused in personal development, emotional intelligence, conversational intelligence, and college preparedness.
The BIPOC Women's Small Business Development Incubator and Roundtable provides an interactive forum where women entrepreneurs of color work together to create synergy. Through collaborative classroom-based programming, women entrepreneurs learn best industry practices, business and financial planning, and marketing strategies. A 12-month program designed to help women owned businesses expand their networks and seek resources and information critical in developing their business products and services. The program culminates with a full day Women's EXpo. Click EXpo tab above for more info.
The WEI is excited to partner with 100 Black Men of Syracuse, NY to launch our Cocktails with the Masters series featuring Daphne Jones. Daphne is a Fortune 50 technology/global executive and author of "Win When They Say You Won't". Purchase your copy at www.daphneejones.com
Join The Women's Economic Institute for our 2023 Spring YWMI Program. 6 weeks of amazing programming designed with young BIPOC (Black, Indigenous, and people of color) women and girls in mind (ages 14-24). Are you looking for technical skills, job readiness, peer-to-peer learning, and mentoring? What about building meaningful relationships and having real dialogue about the issues that matter most to you? Well join us at The WEI and be a part of the Mentoring Initiative. All programming to be held at 109 Otisco Street, 2nd Flr, Syracuse, NY 13204. Call 315-551-2500 and register today.
To register for the Spring 2023 Young Women's Mentoring Initiative please call 315-551-2500 or click the link below.
The Entrepreneur's Roundtable will strengthen the pipeline of Black/women entrepreneurs and professionals throughout Central New York; foster stronger community development with Black allies/stakeholders; infuse much needed capital into Black enterprises and non-profits; build scalable sustainable business solutions; and establish a business incubator/accelerator.
The Roundtable also provides educational programs which increase financial preparedness, fiscal health, and access to credit for small businesses. Contact the WEI at 315-551-2500 to learn more about our BIPOC Women's Incubator and programs/resources for women-led enterprises.
COVID-19 revealed gross disparities in education, housing, access to technology, economic stabilization, healthcare and food insecurity in many urban cities.
Syracuse, NY is an urban city with amongst the highest concentrated Black and Latino poverty in the nation. More than 64% of the City's Black and brown children live in severe poverty.
Dismantling these age-old inequities requires public private partnerships and bold thinking with a commitment to building stronger, more economically sound communities; communities where women, families, and small business come first. Communities where families have access to quality affordable housing, safe neighborhoods, good schools, jobs, and pathways to greater community and generational wealth building.
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We’re excited to expand our reach into New York and to launch The Institute in Syracuse this October. A 6,000sf incubator/accelerator space designed with women entrepreneurs, at-risk girls, and communities of color in mind, The Institute will offer programming, training, technical assistance, and much needed services/resources.
Let's all build back stronger from the Pandemic. Stronger community stakeholders, allies, and partners create greater pathways to business ownership, economically sound communities, and strategic youth development initiatives that empower and move women entrepreneurs, leaders, and youth toward greater outcomes.
The WEI will continue to advocate for Family Medical Leave, women’s equal pay, and minimum wage while providing technical support, training, and coaching for women leaders and entrepreneurs. We've also launched the CNY Black Entrepreneur's Roundtable and the CNY Black Women's Expo. To join the Roundtable drop us an email info@womenseconomicinstitute.com. For more info on the 2022 CNY Black Women's Expo click the CNY tab at the top of the page.