Habitat for Neighborhood Business

A nonprofit organization

0% complete

$10,000 Goal

Habitat for Neighborhood Business (HNB) provides the following programs:

1) Mentor Forum - HNB entrepreneurs work in groups of 10 with an experienced business mentor to discuss business issues. . The first Mentor Forum is a study of the Business Model Canvas that each entrepreneur in the class completes for their business. HNB mentors commit to working, one on one, or in teams, with the entrepreneurs for a minimum of two years.

2) Mentor - Based on requests, HNB entrepreneurs are paired with an experienced business mentors. HNB mentors commit to working, one on one, or in teams, with the entrepreneurs for a minimum of two years.

3) Other HNB Services: - All entrepreneurs receive a financial, legal, and business plan review of their business. They also receive pro bono web page development, QuickBooks software, reduced prices on computer equipment and training.

4) HNB Training at SLU - Training is provided on topics related for entrepreneurs by volunteer business professionals through SLU classroom sessions, currently by Zoom and individually by subject matter experts as needed.

5) SLU Undergraduate Service Leadership student projects - SLU undergraduate Business students provide business improvement suggestions to the entrepreneurs, along with HNB grants to implement their recommendations.

6) SLU Chaifetz School of Business Capstone Project: SLU graduate Business student teams, with guidance from a Business professor, perform an intense one-semester "business plan" for selected HNB entrepreneurs who are eligible for a grant to implement the recommendations.

7) HNB 50/50 Matching Grant Program - HNB entrepreneurs may apply for a matching grant every other year for business needs.

8) Enterprise Bank sponsored Fair Lending Program - HNB entrepreneurs are eligible for a favorable rate loan program in collaboration with Enterprise Bank.

We are working to assist more St. Louis minority business owners to survive and to thrive in the under-served areas of the city of St. Louis.

Mission

Habitat for Neighborhood Business (HNB) is a non-profit organization that partners with Saint Louis University students and volunteer business people to help restore economic vitality to under-served neighborhoods. The mission is accomplished through mentoring, networking and education for existing and aspiring minority entrepreneurs. HNB strives to restore urban neighborhoods with new and additional business activity, job growth, and business role models. HNB strengthens neighborhood commerce.

Organization Data

Summary

Organization name

Habitat for Neighborhood Business

Tax id (EIN)

20-4480392

Mission/Purpose

Community Improvement/Economic Development, Economic/Financial Security, Employment & Workforce Development

Operating Budget

Micro: $50,001 - $250,000

Service Area

St Louis City

Audiences Served

BILPOC

BILPOC Leadership

BILPOC Leadership

Address

3674 Lindell Blvd., DS 108
ST LOUIS, MO 63108

Phone

314-977-3625

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