Sep 21, 2020

PS27 Proudly Supports IRONBOUND’s THRIVE Accelerator


THRIVE Accelerator students pose with Blended Designs masks and backpacks gifted by PS27 Ventures.

THRIVE Accelerator students pose with Blended Designs masks and backpacks gifted by PS27 Ventures.

PS27 Proudly Supports Ironbound Boxing Thrive Accelerator and their mission to teach young adults to become entrepreneurs and leaders.

About Thrive:

We believe that in order to have a thriving community, you need a thriving economy, and small businesses are key. Through THRIVE, our aim is to “increase the pool” of future small business owners in Newark, NJ, by introducing Newark youth & young adults to entrepreneurial thought and leadership. To begin, we can teach them how to generate income for themselves through the monetization of a product or service. In communities such as Newark, where we are currently located, almost 40% of our population lived below the poverty line, prior to COVID-19. With the influx of unemployment and other economic hardships caused by the pandemic, entrepreneurial thinking is critical now more than ever, particularly for young men and women of color. 

By teaching entrepreneurship to a demographic that’s often overlooked, given their age and location, we can contribute to the local economy. Our metric of success is the number of youth & young adults who participate in our accelerator program. We view the cash prizes as an opportunity to help them initiate their entrepreneurial journey. As we release the cash in stages, our team will serve as business coaches to help each entrepreneur reach certain milestones. Learn more here.

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