Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing
About This Show
Social Entrepreneur is for aspiring and early-stage social entrepreneurs; and for those who want to make an impact on the world. Every Monday you hear interviews with social entrepreneurs, founders, investors and thought leaders. Listen to the stories that led them to become change makers. The guests give advice for early stage and aspiring social entrepreneurs. We always end each episode with a call to action. If you're ready to change the world, join us.
Most Recent Episode
181, Marcus Owens, NEON | Sustainable Community Development through Entrepreneurship
5 days ago
Northside Economic Opportunity Network, better known as NEON, provides entrepreneurs in North Minneapolis with business development services. Marcus Owens is a product of North Minneapolis. He grew up there, graduating from North Community High School. He bought his first home there. Then his second. He says, “I always wanted to find a way to give back to this community.” Marcus has long been an entrepreneur, operating real estate and financial services businesses. He also worked at a regional bank and a large retailer. He ran a small nonprofit. By 2012, he was looking for more ways to give back to the community. He found his way to the board of NEON. Two years later, he took over as the CEO. NEON works with low- to moderate-income entrepreneurs to build wealth and develop a sustainable community. They offer training and coaching. They also provide access to capital and access to markets. Their coworking space is on West Broadway in North Minneapolis. Marcus says that “We’re trying to revitalize [North Minneapolis] in a way that provides the people that are here with ways to bring themselves out of poverty.” Marcus and board developed innovative ways to fund NEON. Though NEON is a nonprofit, they have several streams of revenue. Marcus explains, “It’s not enough to just give services away. You’ve got to create affordable options for folks to work with you, and bridge the gap where the market does not exist today.” To give small businesses access to the market, NEON has two incubator programs. One incubator is centered around the business of property maintenance. NEON owns a property maintenance business and aggregates smaller subcontract work. They develop these subcontractors with business development skills. They also have a partnership with Twin Cities RISE to provide personal development. NEON also runs a food business incubator program. Social Entrepreneurship Quotes from Marcus Owens “We saw North Minneapolis as a key area to provide development services.” “We saw that the way to develop assets was through small business ownership.” “We wanted to give people a gateway to start a business.” “We have about 42% of our residents in poverty.” “We’re building a community of entrepreneurs together.” “What pr
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5 days ago
Rated 5 out of
Exactly what I need
As a budding entrepreneur, I'm always looking for resources. Really glad I found this podcast. It feels mission driven. It's relatable. The guests are great.
Date published: 2016-08-12