24A- Venture Concept No. 1

Opportunity: There has been an increase in the educational gaps in the world, however, locally in the Alachua County area. Minority children, especially Blacks, face the challenges of their environment affecting their education and increasing the probability of their chances of being imprisoned, suspended, or lack of success in the future. This issue has persisted for decades and the problem has yet to decrease in statistics. By providing students and their families with the materials, resources, and more that they need, the likelihood of success will increase. 

Innovation/Venture Concept: After understanding and researching my opportunity and target audience, I came up with the idea of Students Succeed. Although Students Succeed is similar to many organizations that give back to the community, it adds a more inclusive approach from many people within the community. Families, students, and teachers are unable to receive the resources and supplies they need to create a more efficient learning environment. By presenting a foundation that not only gives back to the community, but places each student, family, school, and teacher in an environment to want to succeed and exceed statistics and personal doubts.

Three Minor Elements: My ability to work hard, social capital, and the ability to relate to the customers through similar experiences will be the advantage that sets me apart from other customers. To bring this venture to the next step, I will need to do some more demographic research, interview and speak with other non-profit organizations and get their take on providing this service, talk about the pros and cons, and possible successes and failures. For me, I am going to take what I have learned from this experience and set forth to begin my own business or non-profit in the near future. The tools learned from this class is an asset for future endeavors.