People are unstoppable forces. Life circumstances are real and sometimes overwhelming, yet they should not determine what we can do in the present or be in the future. We believe everyone should be free to make choices to activate the possible.
RMMFI creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship.
Our relationships, decisions, and actions are rooted in trust.
Leveraging a growth mindset, we create innovative solutions.
We act with our entrepreneurs and community in mind.
We value one another and leverage the strengths of others and our community.
We seek to understand, share expertise, and improve through cycles of learning.
We put decisions in the right hands: our staff, our entrepreneurs, and our community.
We’re grounded in our North Star and align our actions with outcomes in mind.
We recognize that the strength of a “thing” is only as strong as the person behind it.
Microentrepreneurship is a powerful tool to build both individual and community prosperity. The median net worth of business owners is nearly 2.5x higher than non-business owners (Association for Enterprise Opportunity), and most job creation is from new small businesses (National Bureau of Economic Research).
But personal, professional, systemic, political, and economic barriers prevent many from accessing the benefits of ownership. These barriers undermine individual and communal belief in accessible pathways to ownership, resulting in an inequitable opportunity for economic inclusion and community autonomy as well as a poorly diversified economy.
According to Global Policy Solutions, the racial wealth gap in business ownership costs 9 million jobs and $3 billion to the economy.
of community building
in financial resources (annual budget)
volunteers and mentors
staff, contractors, and board members
referral and resource partners
established sites
entrepreneurs to see and activate their potential
the whole entrepreneur with resources, referrals, and connections
on business ideation, launch, and growth through cohort and individual learning
through relationship-based lending and grants
entrepreneurs to coaches, customers, and a community
for equitable access to personal and business support, capital, and market opportunities
Entrepreneurs recognize their own potential and are empowered to define their personal and professional success
Entrepreneurs are achieving what they want in life and bringing their ideas to life
Entrepreneurs explore and ideate business concepts
Entrepreneurs launch and capitalize their business!
Entrepreneurs and their households experience economic inclusion and mobility through operating thriving, resilient businesses
Entrepreneurs take the initiative to work on their dreams and build community with other entrepreneurs
Entrepreneurs develop meaningful connections to coaches, customers, and community
Entrepreneurs invest in their communities as owners and local leaders
RMMFI recognizes that in order to pursue our North Star, we must approach our work and lead through a framework of racial, gender, and geographic equity.
At RMMFI, we believe that entrepreneurship is a vehicle that can be used to create the life people want for ourselves and our communities.
We know racial inequities and systemic barriers in education, access to capital, and access to opportunity have kept people of color and systemically marginalized communities out of mainstream access.
We intentionally take part in conversations about structural racism as well as engage diverse voices in problem-solving, decision-making, and issues of accessibility. In order to aim bigger and go deeper, RMMFI is committed to supporting our entrepreneurs, staff, and community members equitably.
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