Do I have to be a resident in one of those metropolitan areas (Boston or Oakland metropolitan areas) to apply?
We are committed to supporting the local economies where we run our programs. As such, you must be a resident in a metropolitan area where we have a location, either Boston or Oakland metropolitan areas.
What is the value of the Academy program?
The full value of our Academy is over $10,000. Given the current economic situation, we are subsidizing the majority of the cost of the Academy for all entrepreneurs of color. By completing the Academy, you will have the knowledge, tools, and network necessary to successfully grow your business and social impact.
What kind of businesses are you looking for?
We encourage those who are passionate about creating sustainable impact in their community to apply. Some of the entrepreneurs and small business owners we have worked with in the past include, but are not limited to, those in arts and culture, health and wellness, food and beverage, retail and eCommerce, manufacturing, and services.
What if I am unable to complete the one-year commitment if I am chosen?
All Academy entrepreneurs are required to sign a statement of agreement indicating their commitment to the year-long program. In the event that an Academy entrepreneur must withdraw from the program prematurely or has not meet requirements for continuation from one quarter to the next, you will only owe for the months you were enrolled in the Academy.
What kind of positive social, environmental, and economic impact are you looking for?
We are looking for entrepreneurs who believe in advancing principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy. This includes businesses and business concepts that provide for cultural expression, create good jobs, advance worker ownership and democracy, utilize sustainable production methods, shift to zero waste, among other practices.
What does it mean to be a member-owner of Uptima?
Becoming a member of Uptima Entrepreneur Cooperative means you become a part of a cooperative community that invests in each other, shares in our profits, and has a say in how we are run.
Are Academy entrepreneurs eligible to become member-owners of Uptima?
All Uptima entrepreneurs who complete a certain level of our programs and are in good standing on their course fees are eligible to become member-owners of Uptima Entrepreneur Cooperative. Entrepreneurs who are interested in becoming member-owners will need to go through the membership process.
What happens after I complete the Academy program?
As an Academy graduate, you will have the opportunity to become a member-owner of Uptima Entrepreneur Cooperative. Academy graduates who are interested in becoming member-owners will need to go through the membership process.