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MyCEO.com and Opportunity Community Development Corporation
To
Announce Launch of National Faith & Neighborhood
BasedEntrepreneurial Accelerator Initiative At The Kingonomics
Conference
On Saturday, January 12th, 2013 at 9:00 AM
[Initiative To Address The Wealth Gap In Underserved and
Underrepresented CommunitiesVia Exposure, Education,
Entrepreneurship, Business Acceleration, Access To Capital and
Crowdfunding]
Atlanta, GA 01/18/12 Dallas based MyCEO.com and Atlanta based
OpportunityCommunity Development Corporation, Inc. have created a
national initiative aimed atpartnering with Faith Based and
Neighborhood Groups across America. The initiative willinvolve a
26-city launch tour aimed at exposing congregations and communities
to thereality of innovation and entrepreneurship in this economy;
vetting and selecting keychurches to open 200 collaborative
innovation hubs and business accelerators; andprovide ongoing boot
camps, technical assistance, a procurement network and an
onramp
to capital via access to micro-loans, growth capital and private
equity. The twoorganizations will also launch a crowd-funding hub
aimed at connecting accredited andnon-accredited investors to a
pipeline of great start-ups; and vice versa.
Our nation and world is world is navigating an economic crisis.
All communities have beenimpacted. Interestingly, the wealth gap
between blacks and whites in America has risen torecord highs. The
median wealth of white households is 20 times that of black
householdsand 18 times that of Hispanic households, according to a
Pew Research Center analysis ofnewly available government data from
2010.
As a result of these declines, the typical black household had
just $5,677 in wealth (assetsminus debts) in 2009, the typical
Hispanic household had $6,325 in wealth and the typicalwhite
household had $113,149. Moreover, about a third of black (35%) and
Hispanic (31%)households had zero or negative net worth in 2009,
compared with 15% of whitehouseholds. In 2005, the comparable
shares had been 29% for blacks, 23% for Hispanicsand 11% for
whites.
This initiative positions Americans from all walks of life with
a definitive plan and strategyto start, enhance or grow their
business, career or wealth, respectively. New jobs arecreated
through entrepreneurship. Wealth is created through investment in
theentrepreneurial ecosystem. Communities are transformed via the
reinvestment of a portionof this wealth. All dynamics are required
to break the back of poverty in our nation andworld, says Bishop
Rodney Sampson, CEO of Opportunity CDC.
As apart of the collaborative, MyCEO.com is sponsoring The
Pitch.Up$50,000 businessinvestment competition which will be
announced at Kingonomics. In addition, MalcolmAllen, MyCEOs CEO has
committed $25,000 toward the launch of what is believed to bethe
first micro-loan intermediary geared toward underserved and
underrepresented
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entrepreneurs connected with faith communities. Eight small
businesses will receive micro-loans and technical service in 2013
as apart of the Small Business Administrations vettingprocess of
becoming certified as an SBA micro-lender.
For more than a decade, I have wanted to be intentional about
creating a strategy of
partnering effectively with faith based communities to empower
their members and familyto manifest the messages of hope,
prosperity and reciprocity that are championed in tensof thousands
of pulpits each and every week. Via this partnership with Bishop
Sampsonand Opportunity CDC, we now know that this vision will not
tarry, but will come to pass,says Malcolm Allen, Founder of
MyCEO.com.
To jump-start the process, every registered attendee of The
Kingonomics conference willreceive an express pass to experience
the MyCEO.com tools and services at no chargefor a period of
time.
The conference in inspired by the economic ideals of Dr. Martin
Luther King, Jr. will takeplace on January 12th, 2013 at 200
Peachtree in downtown Atlanta. Check-in andregistration begins at
7AM. The announcement will be made during the 9AM openingsession
with a press period with media to follow.
This preeminent event will bring together over one hundred
global innovators,entrepreneurs and accredited investors from as
far as Australia, Asia, Africa, Europe andNorth America to
participate as keynotes and panelists across four intensive
six-hoursimultaneously running boot camps. The boot camps are
designed for start-upentrepreneurs (Start.Up), growth stage
companies (Grow.Up), accredited investors(Invest.Up) and youth
(ages 11-18) (Sprout.Up). Over one thousand delegates are
anticipated to attend this hallmark event.
Atlanta based serial innovator, entrepreneur, investor,
consecrated bishop and author ofKingonomics: Twelve Innovative
Currencies For Transforming Your Business & Life,Inspired by
Dr. Martin Luther King, Jr, Rodney Sampson, will host the all day
conference.Kingonomicswill be launched in bookstores nationwide on
this day as well.
A partial list of confirmed speakers and panelists include J.J.
Childers (Best Selling Authorof Asset Protection 101 with Donald
Trump); Marshawn Evans (Donald Trumps TheApprentice); Sue Malone
CEO, (Strategies For Small Business), Shirley Sherrod (Co-
Founder of New Communities At Cypress Pond); Paula White
(International Author,Entrepreneur & Pastor); Tamara Lowe
(Co-Founder, Get Motivated Seminars & Box YourBrilliance),
Anthony Sparkplug Thomas (Publisher, People You Need To
KnowMagazine], Doug Ellenoff (Crowdfunding Attorney), Faruq Hunter
(CEO, Genius Corp),Mark Wilson (CEO, eVerifile), & David Smith
(Super Angel Investor). A complete list ofevent speakers and
panelists is available at www.kingonomics.com/experts .
Openregistrations available for purchase will be extremely
exclusive and limited. For moreinformation on registration, please
visit: www.kingonomics.com/registration .
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About Kingonomics 2013
Kingonomics is a powerful and authentic one day gathering of
global innovators,entrepreneurs and investors, inspired by the
economic philosophies of Dr. Martin LutherKing, Jr. and the
entrepreneurial and collaborative enthusiasm of Bishop
RodneySampson, author of Kingonomics: Twelve Innovative Currencies
For Transforming YourBusiness & Life, Inspired by Dr. Martin
Luther King, Jr.
About Opportunity CDC
The Opportunity Community Development Corporation exists to
facilitate the creation ofwealth in underserved communities. The
organization seeks to accomplish its charitableand educational
mission by fostering and developing people and organizations that
create
jobs, improve communities and change lives through economic
literacy, innovativeentrepreneurship, and better investor education
and management.
About MyCEO.com
MyCEO, Inc. is a leading business accelerator network. Always on
demand, integratedwith over 50 services, strategically engineered
to help CEOs to build their brands, reduceoperational costs,
streamline productivity and acquire new customers. Securely hosted
onthe backbone of the internet, MyCEO is trusted by more than
700,000 small businesses,including celebrities, professional
athletes and politicians. For more information, pleasevisit
www.MyCEO.com
Contact Us
Media and public relations: Angela Smith, 7708338196,
[email protected]
