Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.

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Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.
Closing the Economic Divide:
How Jumpstart Helps Position Tech Entrepreneurs for Success
                                                                             by Montrie Rucker Adams, APR

                          It’s hard not to get drawn in by Camille    There’s an App for That
                          Heard’s enthusiasm. Her face glows          Last year, an article in Business of Apps
                          and her voice resonates with passion        stated there were more than 4 million
                          as she explains FELOH (pronounced           apps available. Consumers downloaded
                          “fellow”), For Everyone’s Love of Hair      130 billion apps between iOS and
                          + Beauty.                                   Google Play (source: TechCrunch).
                                                                      Heard and Sabino are part of a growing
                          FELOH is a new business venture             trend of entrepreneurs eager to enter
                          founded by 30-year-old Heard and            the tech space, offering consumer,
                          co-founder Jacqueline Baron who were        civic, and personal solutions to issues
                          former roommates at The University          impacting individuals and cultures.
                          of Pennsylvania. It’s powered by            Though the industry is growing, the
                          an app that curates hair and beauty         playing field is small.
                          products but also rewards those who
                          purchase items or posts on the site.        To help them move their projects
                          “The idea started in 2014, when I was       forward, Heard and Sabino found
                          transitioning out of a relaxer and began    assistance at JumpStart, a non-profit,
                          dealing with my natural hair texture,”      venture development organization that
                          Heard explains. “I needed to find a place   assists entrepreneurs in starting and
                          of community. There is lot of content       growing their companies. JumpStart’s
                          out there, on YouTube and Instagram.        three core focus areas include:
                          It’s a lot of information but hard to
                          navigate. I thought it would be cool        Making Investments: Funding tech
                          to have a community for people with         entrepreneurs with the capital they need
                          similar needs to learn from each other,     to grow their startup businesses quickly.
                          to have a “home” for all the content and
                          discourse.”                                 Delivering Services: Providing
                                                                      technical assistance to help high-
                          Artist Georgio Sabino, III, is equally      potential businesses solve problems,
                          enthusiastic about his new tech project     drive growth and create jobs.
                          – The Govia Police Safety App. After
                          attending an event involving the consent    Acting as a Value-Added Partner:
                          decree following the death of Tamir         Working on behalf of private, public and
                          Rice, Sabino decided to “answer the         philanthropic funders who want to assist
Camille Heard (top) and   call” and help provide a solution. “The     entrepreneurs by making grants and
Georgio Sabino, III       app helps solve the social issues we        convening networks to turn their
                          have with the police officers and the       vision and resources
                          community. It provides officers more        into action and
                          time before they make the best possible     impact.
                          decision because they enforce the law,”
                          explains Sabino. “If they [police] want
                          community support, this app will help
                          them gain it. We want both parties, the
                          community and the police, to go home.”
Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.
JumpStart’s Ron Stubblefield

Heard has worked with Ron                   offering tax services and other business advice to a variety of companies. “There
Stubblefield, JumpStart’s Entrepreneur      was unapologetically Black excellence coming to our family as clients,” he
in Residence, since February 2021.          remembers. “I learned from their stories. Why they started their businesses: It
“He’s our ‘go to’ guy,” states Heard.       was their dream - They want to leave something for their children - They wanted
“He’s helping us think through ideas        independence - To not have to depend on a job - I saw a problem that I want to
and assisting us with our go-to-market      address. It was amazing,” he said.
strategy.”
                                            Stubblefield received a BS in physics from Morehouse College, an MS from
The Right Stuff                             Stanford University and a JD in law from the New York University School of
In this position since May 2020,            Law. Morehouse confirmed his life’s purpose, “No matter what you are going to
Stubblefield has kept busy helping          be, you are thinking about how you are going to be a change agent in this world.
small businesses get the traction they      That’s what separates the Morehouse Man from the Morehouse graduate,” he
need to grow and scale. He’s leading a      says emphatically. He’s always thinking, “How can I use what I learned to make a
Civil Rights initiative to advance Black    difference in the community?”
and Brown technological economic
development. “I am doing more than          Making that difference didn’t begin when Stubblefield joined JumpStart.
that,” said Stubblefield when asked if he   He helped the Baltimore Development Corporation focus on early-stage
is doing what he always wanted to do.       technology-based startups with incubation. He also assisted the New York City
“I advise entrepreneurs on economic         Department of Small Business Services with corporate governance and economic
development, systems, resources and         development research and program management. He’s also adept at designing
programs that help them on their journey.   and implementing financial models and strategic plans for a variety of colleges,
I work with Cuyahoga County, Chambers       financial institutions, non-profit organizations, political campaigns and foreign
of Commerce, the Hispanic Business          governments. These experiences and successes are what Stubblefield uses when
Center, the Presidents’ Council, the        he helps guide FELOH, The Govia Police Safety App and others to business
Business Growth Collaborative, The          success.
Urban League of Greater Cleveland, a
nice range of organizations. I’m working    From Art to Activism
with them to see how we are going to get    Sabino speaks passionately about pursuing art since seventh grade. It wasn’t until
this right. What I am doing is beyond my    singer Jill Scott hired him to work her Sugar Water Tour, with Erykah Badu,
wildest imaginations and I’m loving every   Queen Latifah, and Floetry, that he became more entrenched in photography.
second of it,” he emphasizes.               “I toured with Jill Scott for three years,” said Sabino. “After that, I began
                                            shooting hundreds of people.” To his entertainment repertoire Sabino added
While growing up in Silver Springs,         weddings, sports, The Ohio State Buckeyes’ National Championship, and
Maryland, Stubblefield’s parents were       the Cleveland Cavaliers’ trip to the White House in 2016 to meet President
his entrepreneurial influences. They        Obama after their NBA Championship win. “I enjoy the history of documenting
founded R. L. Stubblefield, CPA,            someone’s experience. That’s the beauty of photography. My experience as
Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.
a painter and graphic designer excelled me toward the
camera.”

His activism was sparked while capturing the images of the
civil protests throughout the country, documenting the
people’s fire and fight, and watching news channels like
Aljazeera, CNN, Fox, and NPR.

“I went to an event in 2015 where the Cleveland community
came together to talk about Tamir Rice and the consent
decree. They asked us how we can solve this problem.”
Sabino says, “The Lord gave me the answer in my dreams.
With this app, I could have stopped George Floyd, Michael
Brown, Philando Castille and Eric Garner. The goal is the
love of people.”

Explaining his app, Sabino says there are various community
members that can assist when the police are in pursuit or
when they have pulled someone over. It will prevent civil
rights abuse(s) and provide due process of law for anyone
who is unjustly detained or stopped by law enforcement.

Mitigating Disparities
“We are creating a social media company,” explains Heard,
“and we are very conscious about the way we want to pursue
                                                                  From left, Camille Heard; Zarin Hamid, Chief
it. One thing that I find disturbing about social media is it     Administrative Officer for FELOH; and Jacqueline Baron,
perpetuates ideas of success, such as having lots of followers    Co-Founder and Chief Operating Officer for FELOH.
and getting lots of likes. Companies are profiting off
your eyeballs, generating data and making millions, if not
billions, of dollars. For us,” continues Heard. “We don’t        Tech is the New Black
want to incentivize people amassing lots of followers. If that   That both of these companies are in the tech landscape is
happens, great. We want to level the playing field. We are       moving the needle in the right direction. “Simply put, Black
literally sharing some of our profit with our users because we   and Latinx communities are grossly underrepresented and
wouldn’t be successful without them. That’s the least we can     under-included in the tech space,” mentions Stubblefield.
do in this social media economy. It a conscientious way of       “This can be seen financially, with less than one percent
giving back and bringing everyone up with us.”                   of Black and Latinx founders nationally being able to
                                                                 successfully access Venture Capital dollars per Brookings
“We are definitely melanin-focused,” Heard continues, “but       Institute and National Venture Capital data. Locally,
anybody can use these products. Seventy percent of our           Cleveland is a majority-minority city according to US Census
sellers that are on FELOH today are black owned. We are          Bureau data. Yet, to date, this fact has not been reflected
growing a social community created by two black women.           within Cleveland’s tech ecosystem. Addressing this
We are very conscious about being inclusive in the imagery       disparity is necessary as tech is the key
and in the content. Our overall goal is to create a digital      driver of economic growth and
beauty eco-system that independent brands, no matter who         job creation that can
they are, can leverage. There are a lot of barriers to entry,    make a difference
getting into Target, Walmart and other stores. No matter         in equitably
who you are, if we can get a group of people together, we        changing
can help them get exposure, make their brand stand out and       Cleveland’s
make sales. No matter who they are.”                             trajectory.”
Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.
Both Heard and Sabino are grateful
for the assistance JumpStart and
Stubblefield provides. Heard’s
weekly power sessions and Sabino’s
connections have given them the
fuel to compete in the tech space.
Sabino describes himself as a “pre-
seed.” “I am in the very beginning
stages of being an entrepreneur
with a new technology idea,” he
explains. “The skills and connections
outside of Cleveland and the ones            Georgio Sabino, III, getting an autograph from President Obama
he’s [Stubblefield] leveraging in            during the Cleveland Cavaliers’ trip to the White House in 2016 after
Cleveland have propelled this                their NBA Championship win.
project forward in a lot of ways,”
adds Sabino. “The focus groups and         “Be patient and keep stepping forward,” says Sabino. He encourages people
having other business assistance like      to, “Live your dreams and keep stepping forward. Put on the shoes of
the Presidents’ Council, the Urban         responsibility. Every time you take a step it should be closer to your dream.”
League, gBeta (at CWRU) have
helped tremendously. Getting it done       Heard suggests connecting with people who can help you. “You cannot do it
and pushing to make it go further has      alone. Align yourself with people who see your vision. Not everyone is going
been tremendously helpful.”                to get it 100 percent. Not everybody is meant to get you to that next step.
                                           Align with individuals that propel you forward,” she adds.
There’s Room for You
Though the entrepreneurial                 Helping You Know and Grow
landscape is wide open, it takes           As more people are finding an interest and desire to move into tech,
a certain type of individual to            JumpStart provides the assistance they may need for exploration, guidance,
see an idea or project through.            financial assistance and tools for growth. It has engaged more than 6500
Stubblefield suggests the person           companies and invested over $61 million in 125 Ohio tech startups. Of
have a compelling “why.” The reason        those startups, 44 percent were owned by women and people of color and 20
must go beyond making money. “It’s         percent were led by African American or Latinx entrepreneurs.
the person who says, ‘I can make
this service work,’ or ‘I want to leave    Technical services and investment capital are available through funding
something for my children.’ They are       from the Ohio Third Frontier. These funds are designated for tech startups
willing to listen and learn more than      and healthcare technologies in the state of Ohio. The services are provided
they are willing to sell, and is curious   through the Entrepreneurial Services Provider (ESP) program which is a
about what the market really wants,        collaboration of multiple organizations. JumpStart is the lead organization in
this is who experiences success,”          Northern Ohio, but other organizations who are part of the network include
offers Stubblefield. “It takes a lot of    MAGNET, Bounce and Youngstown Business Incubator. You can find
grit and determination because there       additional information on this website: https://startupneo.org/resources/
will be a lot of down days starting
out. Whatever it is, you must be           As Heard and Sabino continue to advance their businesses with JumpStart’s
passionate about it. You have to           assistance, they encourage others to also seek out their resources. “I didn’t
think, ‘I get to play this game and I      know much about the entrepreneurial ecosystem when I first started out,”
get to have fun with it every day.’”       shares Heard. “JumpStart helped me tremendously.”
Closing the Economic Divide: How Jumpstart Helps Position Tech Entrepreneurs for Success by Montrie Rucker Adams, APR - JumpStart Inc.
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