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Harnessing the digital talents of youth to drive small business growth online 1

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Harnessing the digital talents of youth to drive small business growth online

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The Current Situation

US Economy = Exclusionary with Persistent Racial Economic Gaps

2Long Term Instability

22%black

17%Latino

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Youth

The Problem

Small Businesses

½ of 23 mil

Seeking employment Close within 5 years

Disconnected from work & school

5.8 mil

Minority-owned

5.8 milAvg Gross

Sales $179K

14 mil

The Need

Economic trajectory of youth & small biz owners in under-

resourced communities needs to be reinvented.

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A marketplace that matches the digital skills of youth with the marketing needs of local small businesses.

The Solution

Value Proposition

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● Affordable online marketing

● One-stop shop

find and convert new

customers online

● Fresh digital skills of youth

● Digitally competitive

● Income

● Build portfolios

higher-wage, higher-skill,

higher-mobility careers

● Transferrable skills

● Exposure to multiple

industries

Youth Small Businesses

BOTH: Power to positively impact communities

Partners

How it Works

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• Biz goals• Youth expertise• Geography

Matching Strategy

4-week training

1st year coaching

Mentorship

Partners

Sign up

Additional services

Implement marketing

Youth Small Businesses

Customer Acquisition Plan

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Scripted

Youth Partnerships Small Business Partnerships

Online marketing

Impact

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Youth successfully participate in the job market.

Small businesses are economically resilient.

Communities are more stable.

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3

To Date

Pilot 10 paying businesses7 employed youth5 partnerships

Prototype40 interested businesses

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“Now I can see what works, what doesn’t work...and create a better future for the business.” - De'Von, SMB Client

“For a small business owner, they give a tremendous amount of help.” - Todd, SMB Client

“I want to help small businesses in the Bronx because they don't get noticed as much as in Manhattan.” - Shamiek, Youth

“Definitely the skills you learn here are things you should keep for the rest of your life.” - Narciso, Youth

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Projected Growth - Youth

1st YR = Coached 2nd YR = Mentored

0 200 400 600 800 1000 1200 1400 1600 1800

Projected Growth - Small Business Clients

13Lower Priced, Novice Higher Priced, Experienced

0 1000 2000 3000 4000 5000 6000 7000

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Competitive Landscape

Youth Dev Orgs Digital Agencies

Service Marketplaces

PartnershipOpportunities

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Key Metrics

1st Year

$12/hr 20/hr/wk

Youth

19/coach

2nd Year

$15/hr 20/hr/wk

Youth

$550/mo 16/hr/mo

Small Businesses

$350/mo 20/hr/mo

Small Businesses

76/coach

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Leadership Team

Founder & CEO

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Cecilia Foxworthy

MBASocial Entrepreneurship

MSGlobal Education

BSApparel Design

Advisory Board

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Louis CohenSenior Vice President for Search, Affiliate Marketing & Lead Generation

Sinohe TerreroVice President of Finance

Thomas S. LyonsLawrence N. Field Family Chair in Entrepreneurship and Professor of Management

Youth Marketers

Brandon Onadi Shamiek Dilenia

RoneilSherelleNarciso

Thank You!

Email: [email protected]: 917-923-0445Website: www.smlfry.co

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