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Shaking the Money Tree:  Walk in With a Question, Walk Out With a Solution

Shaking the Money Tree: Walk in With a Question, Walk Out With a Solution

Shaking the Money Tree will provide clear, obtainable, practical solutions for small business owners, while also helping them to build vital relationships with service providers.

  • The Shop Workspace
  • Thursday, September 22, 2022
  • Workshop: 12:00 PM
  • Awards Social: 5:00 PM

Problem

A perpetual hurdle small business owners face is easy access to reliable resources. While there are a myriad of organizations, agencies, and other service providers eager to reach small businesses, owners can find themselves lost in a maze of advice. Anecdotes from other business owners, previous negative experiences, or the fear of being taken advantage of can prevent small business owners from finding the tools they need, despite the fact that there are a myriad of organizations, agencies, and service providers eager to serve the small business community. 

Solution

The Black Success Center works on the frontline with independent businesses, and are acutely aware of the tools they need, and the disparities that exist in how these tools are delivered to Utah’s small businesses. Using our expertise and networks, we have created “Shaking the Money Tree.” 

Shaking the Money Tree will provide clear, obtainable, practical solutions for small business owners, while also helping them to build vital relationships with service providers. The event includes classes, Q&A sessions, and individual mentor meetings with local experts. Traditional business networking and resources events can be overwhelming. Shaking the Money Tree will reduce traditional barriers to connection by using a matchmaking process. Upon registration, business owners will answer a brief survey tailored to determine their precise needs. Guests will then be provided with an appointment for a one-on-one session with the service provider who is best equipped to meet their needs. As well, guests can attend short classes and presentations from local experts. The goal is for business owners to have everything they need at their fingertips, and to avoid the intimidating, sales pitch-style of traditional business networking events, and instead build a wealth of relationships with service providers and other small business owners. 

Finding appropriate funding sources is one of the most essential elements for a small business’s success. Whether a business owner is seeking a traditional loan, is hoping for a grant or is in need of support from non-traditional funding sources, the search for financing can be stressful and unnecessarily complicated. At this event, business owners will be paired with representatives from a wide variety of funding providers. Additionally, we’ll provide classes that help demystify the loan application process, assist business owners in creating a business plan, and introduce guests to community-based financial institutions. 

Awards Social

With the support of the IKEA US Foundation, and in partnership with the UAACC Charitable Foundation, the Black Success Center is proud to announce the “Shaking the Money Tree Grant.” These funds will support four Black-owned businesses up to $10,000. 

To be eligible, small businesses need to meet the following criteria:

  • The business must be Black-owned
  • Have been in operation for at least one year but less than three. 
  • Registered in the state of Utah

The Black Success Center seeks to start and grow more Black small businesses. This grant supports its mission by stimulating the growth of recently established businesses with an injection of funds that don’t need to be paid back. 

To apply, businesses can be nominated or they can self-nominate by filling out this form. Responses to the questions will be evaluated and the top four businesses will receive a grant award of $10,000, $7,500, $5,000, or $2,500. 

Nomination Form

Timeline and Schedule

  • 12:00 - Lunch and Networking
  • 1:00 - First Session; One-to-One Mentoring or Class
  • 2:15 - Second Session
  • 3:30 - Third Session
  • 4:45 - Closing Remarks
  • 5:00 - Awards Social

Registration

 

Shaking the Money Tree

Workshop: 12:00 PM
Awards Social: 5:00 PM

Workshop: $45
Awards Social $20
Both: $55
Exhibitor/Mentor: $100

Event Information

Event Date 09-22-2022

Sponsorship Request

The success of Shaking the Money Tree will depend entirely upon the partners, mentors and experts the Black Success Center are able to bring to the table to meet with independent business owners. Today, we are inviting you to join us at this one-of-a-kind event. We are seeking mentors who are experts in their field and eager to connect with business owners. The crux of these connections is building authentic relationships, not just seeking to make a sale. As well, we are seeking sponsors to help us ensure that this event is a success. 

Title Sponsor: $5,000

  • Presenting sponsor for workshop and awards social
  • Promoted on all print and digital materials
  • Up to five registrations
  • Exhibitor Table
  • Opportunity to facilitate a class
  • Receive all registration contact information 

Workshop Sponsor: $3,000

  • Promoted on all print and digital materials
  • Unlimited spaces for mentors
  • Table for event
  • Opportunity to facilitate a class

Awards Social Sponsor: $2,000

  • Opportunity to speak at the event
  • Assist in presenting the grant awards
  • Promoted on all print and digital materials