A strong economy is dependent on skilled workers. U.S. Senator Todd Young (R-Ind.) is raising awareness for the pivotal role career and technical education (CTE)
2021 Innopower Minority Business Week
June 14th – 18th, 2021
InnoPower, LLC and Recorder Media Group will host the 2021 edition of their annual conference on June 14-18. Now in its third year, the expanded InnoPower Minority Business Week presented by Eleven Fifty Academy and JPMorgan Chase (IMBW) will feature five days of virtual programming. The conference convenes entrepreneurs, corporate leaders, educators, investors, workforce development organizations, and community advocates to identify frameworks and action guidelines on how innovation initiatives can accelerate economic development and wealth generation for MVPs (Most Vulnerable Populations) in Indiana and Sub-Saharan Africa.
We know COVID hit MVP communities and economies across the world hard. We also know that opportunity is not shared equally in MVP communities.
Our vision is for Indiana to become one of the best places in the nation for the Most Vulnerable Populations to work or start and grow a business.
We believe that education and entrepreneurship are the best routes out of poverty for our state’s Black and brown communities. Therefore, we have centered our conference around pillars that will accelerate the closure of this wealth gap.
The 2021 IMBW introduces participants to economic development at the regional level and how to compete and win at each level of the game successfully: i.e., education and training, and entrepreneurial startup, existing small business owner, growth-stage business.
Five (5) Conference Pillars
Competitiveness, Talent Development, Talent Attraction, Entrepreneurship, and Global affairs.
Day 1 – COMPETITIVENESS
Diversity makes our workforces more competitive. By 2044, the Nation’s prosperity will rely even more on minorities. Companies that attract and retain a diverse range of talent today will see an increase in innovation, customer loyalty, and brand strength tomorrow. We must build a more equitable ecosystem for innovation because everyone deserves a seat at the table.
- Create an environment that cultivates successful minority-owned firms to foster economic activity in local communities
- Close the wealth gap and increase wealth creation that secures personal and family well-being
- Position minority leaders and minority-owned firms to perform in high growth industries, emerging markets, and corporate supply chains
- Demonstrate the minority business community as a vibrant and growing business sector
Day 2 – EDUCATION
For more than a generation, we have focused on improving the education of poor and minority students. Real gains have been made, but many gaps still exist. To increase the achievement levels of minority and low-income students, we need to focus on what really matters: high standards and visionary school leaders. Our education system is ripe for disruption and innovation.
- Entrepreneurship: teaching education entrepreneurs how to start and scale their programs and schools
- Social Innovation: championing new practices that meet student needs better than existing solutions
- Recognition: celebrating the education entrepreneurs that are positively disrupting the system
Day 3 – WORKFORCE DEVELOPMENT
The nature of work is transforming rapidly in our ever-changing world. As community leaders and organizations choose the path forward, it is imperative they rethink deeply held orthodoxies in order to shape a more inclusive future of work. Decades of systemic racism and many structural challenges underscore the underlying economic fragility of underrepresented groups, including the Black and Latinx communities. Generating innovative pathways to employment for marginalized populations has never been more critically needed by so many.
- Skills: expanding people’s capabilities and employability for a rapidly changing economy
- Equitable Working Environment: improving personal lives, hiring practices, and personnel development
- Social Capital: creating infrastructures that help minorities connect to people and resources
- Politics: leading change to create thriving communities for all
Day 4 – ENTREPRENEURSHIP
Entrepreneurship is the key to economic growth for global and local economies. Yet, too many people still face significant, systemic barriers to entrepreneurial opportunity. In a time of changing demographics in the United States, it is important to include diverse communities in all economic development strategies. The local entrepreneurship ecosystem should mirror the diversity in the community that fosters it. The inclusion of communities of color in the entrepreneurship ecosystem is especially important because of the power entrepreneurship has to create jobs and close the racial wealth gap.
- Entrepreneurship: teaching essential skills and frameworks for starting and scaling a business
- Finance: developing avenues that lead to better access to capital for minority businesses
- Innovation: increasing access to and knowledge of new and creative methods for problem-solving
- Social Impact: embracing new practices to meet community needs better than existing solutions
Day 5 – GOING GLOBAL SUMMIT
The old narrative of an Africa disconnected from the global economy is fading. A wave of transformation driven by business and modernization is thrusting the continent from the world’s margins to the global mainstream. On day 5 of Minority Business Week, InnoPower’s Going Global Summit presented by Business Africa Online, in partnership with Afrigrants, intends to amplify, connect, and support emerging leaders in Africa and beyond who design, launch, and scale businesses making an impact across the world. Ticketing for the Going Global Summit is separate. Learn more and register for free HERE.
- Amplify: enabling emerging African leaders and businesses
- Entrepreneurship: providing African entrepreneurs with access to resources, training, and finance
- Connection: introducing US-based businesses and service providers to Africa’s innovators
- Advocacy: increasing the viability of Africa as a region for economic development partnerships
Speakers | Conference 2021
Long before the COVID-19 pandemic upended the global economy, our most vulnerable citizens were struggling to achieve the economic and social mobility promised by our
COVID-19 laid bare what we already knew: the current system of higher education is losing its luster. Even before the pandemic, only half believed that
Aspiring school founders and owners are the new faces of social innovation. To increase the achievement levels of minority and low-income students, we need to