The Billboard Jackson Entrepreneurial Development

CALL FOR ENTRIES

The Bigger and Better Business program of Phi Beta Sigma Fraternity, Inc. invites all aspiring entrepreneurs to participate in the 2016 James A. “Billboard” Jackson Entrepreneurial Development Program. All eligible participants will compete for one of two $7,500 business development grants, which will be presented in the fall of 2016.

The Billboard Jackson Entrepreneurial Development program is designed to invest in members of Phi Beta Sigma Fraternity, Inc. who wish to start a business. The program is a component of the fraternity’s Sigma Business Initiative, which is the networking and small business support arm of its Bigger and Better Business Program.

Through the program, Phi Beta Sigma will provide start-up capital to fraternity members who present outstanding business plans at its biannual International Conclave meeting. An expert panel of businessmen will objectively evaluate each presentation according to a rubric system. The fraternity will recognize the outstanding businesses with investment capital to assist in their start-up venture.

To apply, simply download the CALL FOR ENTRIES packet, along with your business plan and return to Brother Quentin Goodwin, International Director, Bigger and Better Business by July 31, 2016. A panel of judges will review all application packets, and will select finalists for the fall competition. All finalists will then be assembled and asked to present their business plan and idea to the panel; from there, the panel will select the two grant winners.

Please contact your regional Bigger and Better Business Director or Quentin Goodwin, International Director,
at bbb@phibetasigma1914.org, for more information.

BACKGROUND

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The Billboard Jackson Entrepreneurial Development program was established in 2000 as part of the fraternity’s Eastern Region’s Bigger and Better Initiative. The program was named in honor of Hon. Bro. James A. “Billboard” Jackson, a corporate pioneer and first black editor of Billboard Magazine. The region provided two $1,000 business development grants to fraternity members (one collegiate and one alumni member) who submitted outstanding business plans. Past grant recipients have grown their businesses into multi-million dollar enterprises.

In 2015, the Billboard Jackson Entrepreneurial Development program was expanded as an initiative under the Sigma Business Initiative program. The program now invites members from each of the fraternity’s seven regions to compete for the development grants.

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