The Indianapolis-based non-profit organisation recently made a significant contribution to the local community by supporting Black-owned businesses in celebration of Juneteenth. Four Black female entrepreneurs successfully completed the Niche 1.0 program, and in recognition of their accomplishments, they collectively received a total of £40,000 to aid in the development of their businesses.
Chef Juszina Kendrick was the recipient of the top prize, amounting to £25,000. With this financial support, she can now transition from her full-time job to focus entirely on her business, Juszina Maria’s Catering Studio. Kendrick plans to invest the funds in purchasing a delivery van, acquiring equipment for the catering company, and expanding her staff. It is evident that these funds will undoubtedly facilitate her journey towards success.
Tosseia Holmes, the founder and Executive Director of Niche, provided insights into the program and its significance. Niche is an initiative aimed at assisting minorities in launching, managing, and expanding businesses within their local communities. Holmes emphasized the importance of providing access to resources that are often not readily available to minority entrepreneurs, thereby creating opportunities for growth and prosperity.
The Niche 2.0 program involved an intensive, year-long business planning curriculum, offering education and mentorship to the entrepreneurs. This included guidance on crucial aspects such as budgeting, procurement of supplies, and obtaining certification. The program culminated in a pitch contest at Holiday Park, where the women presented their business plans to a panel of judges for a chance to secure funding for their ventures.
One of the program graduates, Lannie Terry, the founder of The Girl Code, expressed her gratitude for the support received. The Girl Code, a non-profit organisation dedicated to empowering girls in STEM, was awarded £10,000 following Terry’s graduation from the Niche 2.0 program. She acknowledged the instrumental impact of this financial support in advancing her business and the mission of The Girl Code.
In line with the Juneteenth celebrations, which commemorate the emancipation of enslaved African Americans, Niche founder Tosseia Holmes emphasized the significance of providing equitable opportunities for minority businesses. The commitment to creating a level playing field for entrepreneurs from diverse backgrounds is evidently a core value of the Niche initiative.
Looking ahead, Holmes announced that the deadline for the next round of program graduates is July 15, encouraging aspiring entrepreneurs to seize this opportunity for professional development and support. Additionally, Niche is also organising a youth summer camp aimed at educating young individuals about entrepreneurship.
For those interested in learning more about the programs offered by Niche, further information is available via the provided link.
In conclusion, the efforts of Niche in empowering Black female entrepreneurs in Indianapolis are undeniably commendable. Through their support and initiatives, they are making a tangible and positive impact on the business landscape, creating conducive conditions for the growth and success of minority-owned enterprises.