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Economic Empowerment |
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The 100 considers economic empowerment as a necessary step toward creating a
just society, not only here in the United States, but for black people around
the world. The 100 defines economic empowerment as the ability to be
self-determined in creating dreams, pursuing them and ultimately perpetuating
them by establishing the mechanisms to sustain generational wealth. Our program
initiatives promote generational economic self-sufficiency through financial
literacy, family wealth building and entrepreneurship. Current programs
include:
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Dollars & $ense Youth Investment Program
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SmartEdge by GMAC
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Money Smart
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Bank of America Family Home Ownership Program
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Prudential Financial Literacy Program
Below are samples of unique and innovative economic development programs being
delivered by 100 Black Men throughout the network.
100 BLACK MEN OF BIRMINGHAM, INC.
Economic Development
The mission of this program is to strengthen the African American community
through economic development by way of effective networking, economic
education, workshops and training of chapter members, youth and the African
American community. Also, the chapter works to encourage and empower the
African American community to become financially literate and economically
self-sufficient, through the development and facilitation of programmatic
initiatives which address the educational and technical needs of youth and the
broader community.
Goals:
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To educate the African American community on fundamental financial concepts and
the strategies to effectively manage both personal and business finances, and
ultimately create sustainable wealth.
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To continue building partnerships and collaborations with corporations,
foundations and other public/private organizations that will enhance and
strengthen programs.
Economic Development Programs include:
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Family Tech Day - www.familytechday.com
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Black Family Technology Summit - www.techedginc.org
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Economic / Technology Symposium
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Economic / Technology - "The Great Divide"
100 BLACK MEN OF GREATER DETROIT, INC.
Smart Edge
The Economic Development Committee's (EDC) gives support to GMAC's Smart Edge,
a financial education program aimed at helping people with making more informed
personal financial decisions. The chapter’s seminars covered personal budgets,
credit, and share how these items can help you negotiate better when applying
for credit or a loan. The seminars also discussed the credit scoring process
and helped attendees unlock that mystery. Facilitator Don Ferguson, of GMAC,
trained 100BM members, family and friends to be ambassadors for the program.
Several more seminars for the community are planned now that facilitators have
been trained.
100 BLACK MEN OF MACON-MIDDLE GA, INC.
Economic Development Symposium
One of the missions of 100 Black Men Macon-Middle Georgia, Inc. is to promote
partnerships and economic development in the Macon and Middle Georgia area,
which includes an annual economic development symposium that features a noted
keynote speaker and a panel discussion. The chapter’s symposiums are held at
Mercer University.
100 BLACK MEN OF TAMPA BAY, INC.
FLiP (Financial Literacy in Partnership)
The 100 is focused on FLiPping the all too often norms about money and the fact
that minority students are not learning enough about how money works at school
or at home. FLiP gives participants living examples of good savings models,
investing, and a since of belonging. The goal of this program is to help
students understand basic savings/investment principles and to apply these
standards in their day-to-day lives.
100 BLACK MEN OF GREATER HUNTSVILLE, INC.
Money Smart
The "Money Smart" Financial Management Training Program consists of training
modules such as:
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Bank On It - An introduction to bank services
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Borrowing Basics - An introduction to credit
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Check It Out - How to choose and keep a checking account
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Money Matters - How to keep track of your money
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Pay Yourself First - Why you should save, save, save
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Keep It safe - Your rights as a consumer
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Borrowing Basics - How your credit history will affect your credit future
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Charge It Right - How to make a credit card work for you
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Loan to Own - Know what you're borrowing before you buy
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Your Own Home - What home ownership is all about
Other initiatives include professional career development classes with
exercises designed to stimulate the career planning process for our
mentees. Community professionals from various career fields are
invited to share their life stories. Additional sessions include networking
understanding entrepreneurship.
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