Help #ThePowerLab Transform Southwest Yonkers

Help Boost ThePowerLab

Make a contribution to help us launch ThePowerLab and provide space for start-up businesses and innovative projects.

$2,497.00 raised
Donate
GOAL: $15,000.00

What is ThePowerLab?

#ThePowerLab is Our brand new community-incubator and coworking space located in the heart of Southwest Yonkers. We House a collective of leaders, creators, innovators, entrepreneurs, and activists who hope to spark a Movement in Southwest Yonkers that will bring our communities to new heights of collective development and self-determination.

For Membership Rates & Inquiries Visit: ThePowerLabNY.com

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Impact

ThePowerLab provides space and resources for local entrepreneurs and community leaders to help take their projects and business ideas to the next level. ThePowerLab offers memberships that provide access to office/workspace, meeting spaces, events, workshops, trainings, and individualized business and project assistance.  Thanks to our partnership with the Elias Foundation, we also house and provide resources for a cohort of women-led start-up community projects making a huge impact in Southwest Yonkers. 

ThePowerLab will house a Business Incubation Program to help individuals develop business concepts and ideas and provide tools to entrepreneurs on establishing and running a business; and a Business Accelerator for young businesses and start-ups that will fast track their growth by connecting them with investment capital and access to contacting opportunities. The Business Incubator and Business Accelerator will specifically focus on supporting local minority and women owned businesses, and assist them in obtaining WMBE certification which will create access to state, local, federal, and private contracting opportunities.

CGDC will also work to research market needs, and finance the incubation of strategic businesses that will be owned in part by CGDC, the workers of the participating businesses, as well as local community members through a community investment platform that is currently in development. The plan for this platform will be released in 2018. This structure for community business ownership will provide revenue for our organization to be self-sustaining financially, create an alternative means of financing local start-ups, and incentivizes community members to support the local businesses they hold ownership in. Through this strategy we hope to create a model for local economic development that transcends traditional approaches. 

Based on our performance and on-going work in the Highland Hill neighborhood, ThePowerLab is uniquely positioned to serve as the vehicle to boost economic and entrepreneurship opportunities in Southwest Yonkers and provide the environment needed to grow our community from within.  

  

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Current Backers

  • City of Yonkers - Facility Grant
  • Elias Foundation - Sponsored 2 suites to house a cohort of upcoming non-profit/community leaders
  • Westchester Community Foundation - Funding for Planning (Highland Hill Planning Grant)

 

Help Boost ThePowerLab

Make a contribution to help us launch ThePowerLab and provide space for start-up businesses and innovative projects.

$2,497.00 raised
Donate
GOAL: $15,000.00

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