Alan SoetiknoShung (Chad) ChaiKristen KoyanagiVictoria Chen

Agenda

• Data• Problem Statement• Solutions• Implementation & feasibility

• Community Impact• Conclusion

A line that divides neighborhoods

Data

Source: Towncharts.com

Total Self-Employed Individuals

North

South

Delmar

Self Employed People by Industry

Service dominated North

Diversity south of Delmar

Problem Statement

Entrepreneurship is perceived as impossible

Financial and resource barriers

Wealth flows south of divide

Problem Statement

$$$

A line that divides neighborhoods

Or one that brings them together?

Mission Statement

• Help underprivileged members of the STL community start their own businesses• Bridge the economic gap by redistributing

wealth in hopes of spurring entrepreneurship

Services

Community Assets

TailoredGuidance

Pop-Up Program

+ =

Pop-Up Program

• 6-12 months mentorship program• 5-6 startups supported in rotation each year • Buying vacant spaces on the loop, renovating,

and leasing to new startups

Pop-Up Program

Newcomer  Pitches

Community  invests  in  &  supports    

entrepreneur

Guidance &  Consulting

Business &  Individuals  Mature

BuildMentorship  Network

Pop-Up Program

Pop-Up Program (Website)

Opportunity

estimate*

60% Of the Loop isn’t used*

Implementation

The Delmar Loop

Feasibility – Revenue Streams

Grants Corporate Sponsorships

DonationsStartup Rents

84%

Feasibility - Entrepreneurship

87% of entrepreneurs succeedwhen they go through incubators

of entrepreneurs stay in the communitiesthey start in

Community Impact

*Expected  financials   from  infodev.org**Assuming   100%  wealth  transfer

$6 Million

$3 Million 2x

Tax Revenue over investment lifespan*

Annual Revenue Per Capita Income Growth**

Newcomer  Pitches

Community  invests  in  &  supports    

entrepreneur

Guidance &  Consulting

Business &  Individuals  Mature

BuildMentorship  Network

AppendixSource: infodev.org

• Companies funded through an incubator achieve revenues of $600K/year

• Total Revenue = # businesses*yearly revenues = 5*600,000 = $3M

• Valuation = Total Revenue of all for(loop) businesses in Year 1 = $3M

• Population in 63133 zip code (North of Delmar) = 8,000 people

• ∆ Per Capita Income = Valuation / Population = 3M/8K = $375/person Or an increase of 3.125% in Per Capital Income

• Current income increase is only about 1%, so we would DOUBLE the growth in per capital income

• $30*estimated investment of $200,000 = $6M in tax revenues

Website tour

• Check out https://github.com/chad2212/match_loophack to download and interact with the site• Table of content• Hompage• About Us• Voting Ideas• A page within “Voting Ideas”• Sponsored Ideas• A page within “Sponsored Ideas