March 10, 2015

GENERATION-NEXTBuilding Tomorrow’s Leaders Today…

Generation Next Presentation

Overview• Problem• Needs Assessment• Solution• Mission/Vision• How It All Works

• Business Model at a glance• Areas of Life Change • Marketing

• Management Team• Potential Funding Sources• Impact Statement

The Problem

✤ Today, Black people in America account for a significantly smaller percentage of GDP than their representation in the workforce and population

✤ Minority Employment Rate drops as you approach leadership positions and skilled trades.

✤ Many businesses have trouble connecting with diverse professionals and sourcing qualified candidates.

✤ Black owned businesses make up 7% of U.S. firms but only 0.5% of all U.S. business receipts.

✤ Standard business models in non-profit sector inhibit effective collaboration to address these issues.

The Problem

Needs Assessment❖ “Since 2004,American universities have used a six-year standard to measure graduation rates; but

even with the extended time, African-Americans still lag in obtaining degrees. Only 43 percent of African-Americans who enter college graduate – 20 percent lower than the rate for whites. And for black men its more alarming, with only 36 percent who enter finishing college.”1

❖ At the 100 accredited HBCUs, 61.5 percent are women, exceeding the national average of 56 percent. Of the Black males who do attend HBCUs, only 29 percent will graduate within six years.2

❖ The jobless rates for young men and women with at least a bachelor's degree were 9.5 percent and 8.0 percent, respectively. Black youth not enrolled in school had an unemployment rate of 28.5 percent in October 2011, higher than the rates for their white (15.3 percent), Asian (15.1 percent), and Hispanic (18.5 percent) counterparts.3

❖ Despite 60.5% increase of firms, 55% increase of receipts, and 13% increase of businesses with paid employees, Black owned businesses only make up 7% of all U.S firms and less than a half percent of all U.S business receipts. African American Adults (ages 10 and up) make up 10% of the adult population and are therefore underrepresented in the U.S. in terms of business ownership especially when it comes to earnings. 4  

1. http://www.cbsnews.com/news/more-blacks-go-to-college-but-graduation-lags/2. http://www.ajc.com/news/news/local/males-a-distinct-minority-at-hbcus/nQQqT/?__federated=13. http://www.bls.gov/news.release/archives/hsgec_04192012.htm4. http://blackdemographics.com/economics/black-owned-businesses/

Solution

❖ Community Reinvestment

❖ Mentoring

❖ Teach-Me

❖ Career Development

❖ Leadership Development

❖ Public Policy

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The Solution: Bringing Organizations into Collective Impact

✤ To effect change on a mass scale multiple community sectors need to come together and combine efforts and resources. This includes NGO’s, private sector business, policy makers, and other community stakeholders. This process is known as Collective Impact.

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The Solution: Bringing Organizations into Collective Impact

What is Collective Impact?

✤ Collective Impact is the commitment of a group of important actors from different sectors to a common agenda for solving a specific social problem.

Our Services

✤ Lead organizations, companies, and other community stakeholders to close disparities through Collective Impact

✤ Provide Leadership and Career Development opportunities to our members through in person coaching and online resources:✤ Strategy Development Meetings✤ Leadership Training✤ Connect Portal✤ Career Development Suite✤ Webinars✤ Downloadable Resources (Program Templates, Research Studies)

✤ Provide resources for entrepreneurs and small businesses to grow and thrive

Core Market

Customer Profile Value

MembersUrban Professionals and recent college grads age

20-38

Strong base of volunteers for initiativesValuable resource for companies that are looking to hire

Partner OrganizationsSmall to mid size civic

organizations and affiliates with like goals

Community Partners for initiativesValuable resource for long term strategic collective efforts

BusinessesCompanies that can provide resources to members or the

community we serve

Development CapitalSponsorship RevenueIn kind servicesAdvisement

Local CommunityPeople living or working in

urban cities that we are serving

Attendees to eventsSubscribers to published content

1st Initiative - Millennial Jobs Summit

–Generation-Next’s Mission

“To empower individuals and organizations through leadership development and collective

action.”

Mission/Vision

❖ Our mission is to empower individuals and organizations through leadership development and collective action.

❖ Our vision is to work with organizations and individuals across the public and private sectors to realize the goal of increasing the impact of Black leadership, and unwavering focus on the shared values that bring us all together to work for the common good.

Business Model• We provide mentoring, career and leadership

development for underserved populations in an effort to decrease disparities in education employment and entrepreneurship

• We do this through our Leadership Training Course, Career Center, Our multi-generational Mentorship program and other programs.

• We have developed earned-income schema with our partners affiliate organizations to fund our programs.

•These ventures will provide a source of funding sustainability, any additional funding will be through private donations and grants.

• Our partners would be any progressive organizations that are focused on the uplift of underrepresented communities.• Our aim is to close the achievement, entrepreneurship and employment gaps present in american society. Specifically, increasing the number of African American college graduates, black male teachers, underrepresented minority entrepreneurs, and decreasing minority unemployment.

Marketing

Social Media

Email Marketing

Corporate Partners

Website

ManagementBoard of Directors

CEO

VPS

National Action Board Focus Area Chairs

State Chairs

Potential Funding Sources

❖ Career Center powered by Jobtarget™

❖ Leadership program partnership with Dale Carnegie

❖ Membership fees

❖ Millennial Jobs Summit

❖ Next Leaders Entrepreneur Camp

❖ Corporate Partnerships

❖ Community Partnership

Gennext in the News

Milestones, Assumptions, Theory of Change

Impact Statement

•Incorporated in the state of Virginia•1605 IG and 380 twitter followers, 315

Facebook likes•3.5k+ Subscribers and social media reach•Full scope of our pilot programs are

complete•Website, AMS system and Career Center

fully built•Partnerships with key community

organizations

• 501c3 by Dec 2015

Milestones

Assumptions

Key Milestones

✤ Full scope of our pilot programs are complete

✤ Website, AMS system and Career Center fully built

✤ Partnerships with key community organizations

✤ 3.5k+ Subscribers and social media reach