Jaylon Smith’s MEI
A watershed 2010 report by business intelligence company CB Insights identified that only 1% of funded-startup founders were African-American. CB Insights juxtaposed this insight with the statistic that 11% of the U.S. population in 2010 was African-American. If black and brown communities across America are going to thrive, entrepreneurship is required to beat poverty and create pathways to prosperity.
Through his newly created Minority Entrepreneurship Institute (MEI), Jaylon Smith is advancing minority entrepreneurship through three strategies:
- Financial Assistance
- Strategic Planning
MEI focuses on closing the economic and education gap for minorities, and providing hope for minority communities that have the wrong image of themselves; i.e., “We’re more than just athletes and entertainers.”
Texas Venture Pitch Showcase 2020
Click on the Apply Now button below to complete your application to be considered to pitch your business or social enterprise at the Jaylon Smith Minority Entrepreneurship Institute Showcase competition at the Omni Frisco hotel in Texas on July 10, 2020. You can also choose to be one of the investors in the event by clicking the Invest Now button.