iNVICTUS Small Business Assistance Center

Business Counseling & Mentorship Programs in Durham, NC

The HUB of Minority Entrepreneurship

As the HUB of Minority Entrepreneurship iNvictus was launched to foster the entrepreneurial talent already growing in the community. We differentiate ourselves from all other coworking spaces by focusing predominantly on the issues minority entrepreneurs face in business and we address them through our iNvictus EMERGE (Entrepreneurship, Mentorship, Economic Development, Research, Growth & Education) program.

Challenges Faced by Minority Entrepreneurs

Not to go unnoticed, a large number of minority owned businesses do not survive past the first couple of years or enjoy the level of success their counterparts may experience in the same industry.

This is not due to lack of drive or passion. The relative lack of success among minority owned businesses could be credited in part to owners who have less startup capital, disadvantaged family support, and less education.

In short you can have the perfect product or best service but do not have the support, resource, or knowledge necessary to prosper. Our research has proven that the solutions to inequality in entrepreneurship across demographics has to be handled with a three pronged approach:


As members of iNvictus Office Center & through the curriculum provided by iNvictus Forward Outreach, our entrepreneurs are mentored to gain the knowledge and strategic development to help them grow and be successful. Our leadership is comprised of minority entrepreneurs who have built strong, sustainable businesses and have strong ties in their respective communities. This country and minority communities throughout is full of talented freelancers, entrepreneurs, and visionaries like yourself, iNvictus business mentorship programs in Durham is your launching pad to success.


Entrepreneurial Curriculum

We’ve combined vibrant entrepreneurial community, and added a unique sense of purpose, and developed a proprietary eight step-mentoring curriculum that helps to meet the specific challenges that minority entrepreneurs face.

These comprehensive module based guides are for entrepreneurs and start-ups. By utilizing the eight-stage format, entrepreneurs or start up business owners engage themselves in a self-paced business actualization process. The curriculum incorporates readings, guest lectures, videos, case studies, and field experiences. Each member of the program is assigned a mentor to assist through the curriculum give real world insight. The eight stages of the curriculum are:

ENVISAGE

  • Identify Passion And Hobbies
  • Small Business Readiness Assessment
  • Risk Assessment
  • Peer Feedback

OPPORTUNITY RECOGNITION

  • Idea Viability
  • Opportunity Feasibility Assessment
  • Market and Competitive Factors
  • Strengths, Weaknesses, Opportunities, and Challenges

ASSESSMENT

  • Writing a Business Plan
  • Business Models
  • Technology Integration

NEW VENTURES

  • Vision, Mission, and Mandates
  • Goals, Objectives, and Values
  • Team Building
  • Leadership Roles

FORMATION

  • Marketing Plan
  • Financing (crowd funding vs. investors)
  • Maximize Resources (People, Infrastructure, Funding)
  • Launch Plan

COMMERCIALIZATION

  • Grand Opening
  • Accounting
  • Operations
  • Ethics and Legal Aspects

MINORITY BUSINESS 101

  • Minority Based Entrepreneur Initiatives
  • Minority Based Funding (Loan and Grant Programs)
  • Minority Business Professional Organizations
  • Formal Business Certifications
    • Certified Minority Owned Business
    • Small Business Administration 8A Business Development Program
    • Minority Business Enterprise (MBE)
    • Disadvantaged Business Enterprise (DBE)

MINORITY BUSINESS 201

  • Scaling
  • Branding
  • Managing a Growing Business
  • Acquisitions, Mergers, Alliances

Mentor Businesses and Entrepreneurs

Through this program iNvictus counters any challenges faced by minority entrepreneurs and business owners. We provide direct access to our partner networks, which puts you in touch with: access to capital, access to business networks, and access to skill development. Providing the formula for business success and allowing minorities to compete on a global scale! Learn more about our: Small business assistance program in Durham NC

Since we’ve opened the doors iNvictus has naturally mentored and assisted close to 200 companies; 63 entrepreneurs since the opening of the coworking facility. We’ve worked with some of the brightest entrepreneurs from as far west as Chicago, to as far north as NY and as far south as Florida! We want to work with you, download a day pass and visit on us! Your office is waiting… Learn more about the iNvictus Coworking spaces in Durham!