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A few weeks ago, I told you about 10 business owners who achieved important milestones in their entrepreneurial journeys in the Oklahoma City Minority Founder Accelerator’s (OMFA) Initial Community Offering.
OMFA, a 16-week business development program designed to accelerate and support minority entrepreneurship, is recruiting applicants for Cohort 4. A collaboration between Northeast OKC Renaissance, Inc., i2E, the Oklahoma City Innovation District, and the Oklahoma City Economic Development Alliance, OMFA. offers minority entrepreneurs the opportunity to expand their growth potential by pairing them with great mentors in their own entrepreneurial endeavors and providing networking opportunities and workshops to develop business skills. We provide
Graduates of the program may be eligible to receive up to $20,000 in grants from ARPA funds directed to the City of Oklahoma City and administered by the Alliance. In fact, we manage his four accelerator programs with partners including his Real Deal, StitchCrew, Progress OKC’s Generation Impact, and OMFA, and we cover participation fees to ease the financial burden on business owners. doing. By completing the program, companies can be eligible for grants to help with operational and technical assistance for marketing, human resources, finance, and other aspects of growth plans.
In recent years, Oklahoma City has launched several resources and support services for small businesses, helping business owners with advice, strategy, access to capital and, in some cases, funding for startups and existing businesses. Ta. Accelerator programs like OMFA play an important role in fostering a community of entrepreneurs who share common life experiences and fostering community building, resource sharing, and the collaborative exchange of ideas. It also provides a platform for BIPOC entrepreneurs, providing meaningful examples to inspire other entrepreneurs and community members.
Minority founders interested in becoming an incoming member of the OMFA program should visit neokcr.org/omfa. Applications will be accepted on a rolling basis, with the deadline for Cohort 4 ending on April 23, 2024.
Again, I encourage small business owners to learn more about the OKC Minority Founder Accelerator and other accelerators that serve minority communities. We also look forward to continuing to support local small businesses.
Mr. Kenton Zordle Oklahoma City Alliance for Economic Development.
