Business Accelerator Profile

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Propel

PROPEL is an economic development program designed to strengthen African American businesses by way of constructive engagement with our Faith Community. The BBA partners with the Tennessee Small Business Development Center to establish a professional association relationship with each church entity.
The accelerator progrm is operated by Start Co.
Propel is a 12-week minority business accelerator run by the partnership of Start Co. and The City of Memphis Office of Business Diversity and Compliance. It focuses on the enhancement of business models through hands-on programming, mentor opportunities, technical resources and more with an objective to further enhance capacity with existing minority companies. There is a stringent criteria for companies that apply, as we are looking for the following: 2 or more full-time employees, at least $400,000 in annual revenues, and established for more than 3 years.


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Name and Mailing address
Name: Propel Web-site: Propel
Street: Renaissance Business Center
555 Beale Street
Send mail:
City: TN 38103, Memphis Phone/Fax: +1(901)5269300 / +1(901)
Country: United States Networks:
Communication & Contact
  
  PropelMemphis Team
Conatct

send mail
Business Accelerator Services



The goals of the Business Accelerator: Specific Target Groups:
Develop profitable companies
Raise awareness of entrepreneurship
Raise awareness of innovation
Specific minorities
Type of IncubatorType of OrganizationFinancial Model
Business Accelerator

Mixed use / without technological focus
PPP Public-Private-Partnership
Not-for-profit
Business Accelerator Data Year (statistic): 2016
Rental SpaceClient FirmsOn-site clients that at the same time are tenants of your incubator / parkOff-site clients that use your services without being tenants of your incubator or park
total sq.m. available in incubatorTotal number of clients servedTotal number of cleints served since beginning of incubator operation. Only clients that have been advised regarding business start-up (not, for example, counting participnats of trainings, seminars, etc).
sq.m used for incubator services/administrationNumber of client firmsNumber of client firms at this time in on-site or off-site incubation program repsectively.
sq.m. rented by client firmsNumber of employees in client firms
Incubator Staff
number of staff working in management / services
Business areas of client companies
Last Updated
April 14, 2017


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