Minority Business Accelerator
Developing high potential minority-owned businesses
Accelerating Your Success
The Lowcountry Minority Business Accelerator is committed to accelerating the development and growth of high potential minority-owned businesses, strengthening our region’s minority entrepreneurial community and advancing our region. The Accelerator provides opportunities for economic growth and prosperity.
The Accelerator Model
- Business Assessment
- Knowledge Transfer
The Lowcountry Minority Business Accelerator uses the award winning and internationally-recognized StreetWise ‘MBA’™ curriculum created by Interise. The curriculum aids business owners in developing a three-year Strategic Growth Action Plan™, which is customized to their individual business and details the strategies and tactics the owner and staff will take to increase revenue, financial management and improve access to capital.
Work One-on-one with a Mentor
Each participant will work one-on-one with a mentor to help them achieve a successful outcome through the program. Typically, the assistance provided is centered on specific goals established by the participant in their three-year strategic growth plan developed during the first half of the program.
During the 12-month program, participants will learn:
- Business development strategies
- Strategic planning
- Financial management and analysis
- Human resources
- Accessing capital
- Securing corporate and government contracts
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Is the Accelerator the right fit for you and your business?
Our ideal candidates are tired of the status quo. They are looking to gain the business knowledge, skills and trusted networks needed to successfully grow and guide their businesses.
What are we looking for?
- Demonstrate ability to actively engage and successfully complete the program
- Business beyond the start-up phase, looking to scale
- Socially/economically disadvantaged business (minority-owned, woman-owned)
- Business must be headquartered or have a significant presence in the Charleston metro area.
Cost and Time Commitment
The Accelerator program costs $1000 per participant. This includes all course materials and access to the online Interise MBA Content Portal. Each class participant will also be paired with two mentors for the full year and be recognized as a $3,000 Leadership Circle Chamber member. Additionally, class participants will gain exclusive access to regional business leaders and potential clients.
Applicants should expect to spend a half day each month in instruction time and monthly time with your mentor. This does not include outside time with review materials and preparation of the Strategic Growth Plan.
Is this you? Let’s get started!
The Accelerator is a program of the Charleston Metro Chamber in partnership with the South Carolina Minority Business Accelerator. The SC Minority Business Accelerator is a statewide initiative formed by the Greenville Chamber, Charleston Metro Chamber and Columbia Chamber.
Funded with a seed grant from Bank of America, the initiative was designed to advance economic inclusion across the state of South Carolina by helping to reduce the economic disparities experienced by minority-owned businesses. The initiative provides opportunities for economic growth and prosperity for high-potential minority owned firms.