Dallas Black and Latina entrepreneurs will be the beneficiaries of JP Morgan Chase’s Advancing Black Pathways program where grants, coaching and exclusive tutelage will be provided to assist in their business endeavors, the company announced recently.
Powered by DigitalUndivided, a non-profit which focuses specifically on leveraging the power of data, programs, and advocacy to catalyze economic growth for Latina and Black women
Entrepreneurs, the two will launch its “Breakthrough” program in Dallas to assist, maximize and provide assets needed to take these entrepreneurs’ businesses to the next level.
“Breakthrough Dallas is an exciting opportunity for Black female and Latina entrepreneurs to have access to business mentors who can help them chart a path to growth, prosperity and generational wealth.
“These mentors will help them develop their operating models, strengthen their financials, develop marketing strategies and connect to local resources,” said Terri Thomas, Chase Community Manager in Dallas. “This is exactly the type of collaboration our community needs.”
Entrepreneurs will be provided “with a $5,000 grant and access to a high- impact business intensive course to accelerate their businesses beyond the five-figure revenue mark.”
Not only will they receive funding, entrepreneurs will also be given access to an exclusive session with Daymond John, Founder of FUBU and Star of Shark Tank.
Because of the success the program experienced in Los Angeles, DigitalUndivided Chief Executive Officer Lauren Maillian said she wanted to test the program in new markets.
“We’re proud to announce the return of BREAKTHROUGH with JPMorga
n Chase’s Advancing Black Pathways in Dallas, Texas, one of the fastest-growing technology hubs in the United
States,” Maillian said. “Following the success of BREAKTHROUGH’s inaugural cohort in Los Angeles we are thrilled to collaborate to empower and connect entrepreneurs of color in different regions across the country.”
BREAKTHROUGH will select early-stage businesses with a minimum of $50,000 in annual revenue, provide founders with access to local resources and a comprehensive curriculum focused on supporting founders to develop growth marketing strategies, understand customer analytics, and identify types of startup funding, the company said, while creating a viable network of women entrepreneurs and mentors.
Applications for this BREAKTHROUGH cohort are now open through Tuesday, Feb. 22, 2022.
Criteria includes:
- Identify as a Latina or Black woman
- Have an established business in the Dallas, Texas area that has been registered for at
least one year
- Have majority ownership of an established business with demonstrated traction
- Have technology component to their business (website or mobile app)
- Generate a minimum of $50,000 annual business revenue
*Brought to you by JP Morgan Chase Bank*