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Workshop in Business Opportunities

Founded in 1966 in Harlem, Workshop in Business Opportunities (WIBO) is a private non-profit organization that supports men and women with the drive to become successful entrepreneurs. WIBO's mission is to enable small business owners and budding entrepreneurs from under-served communities to obtain financial success by starting, operating, and building successful businesses that develop economic power, provide jobs and improve communities. WIBO offers a myriad of services including its flagship 16-week workshop, How to Build a Growing Profitable Business. Other services include personalized business coaching, legal and accounting clinics, monthly seminars, networking events, and other support services. Supporters include the Edwin Gould Foundation for Children.

Impact - In 43 years, WIBO has developed over 15,000 entrepreneurs resulting in the creation of 31,500 jobs.

Economic Development - Over 54% of WIBO graduates are in business after 5 years, compared to the national average of 20%. Fifty percent of WIBO business owners report their business is their main source of income.

Serving the Underserved - Sixty-five percent of the WIBO entrepreneurs are African-American, 28% are other minorities, and 70% are women. Sixty-four percent of clients have household incomes below $50,000 and 43% have incomes below $30,000. We now offer entrepreneurial training programs to inmates in various correctional facilities.

Uplifting Underserved Urban Centers - WIBO entrepreneurs are from Harlem, Bedford-Stuyvesant, Washington Heights, southeast Queens, south Bronx, Long Island City and Yonkers.

Commitment - The commitment that WIBO volunteers demonstrate is unprecedented. Our site volunteers give 156 hours of service per year. A quarter of our volunteers have provided over 20 years of service.

Volunteerism - WIBO supervises over 150 volunteer business owners and executives who conduct the programs. Thirty-nine percent are African-American and over 50% are top professionals in the field of law, accounting, banking, and consulting.

Continued Support - WIBO offers post-workshop coaching/mentoring, legal and accounting clinics, free monthly business seminars, informational e-blasts, networking events and free online business directory.

How can you get involved? Enroll in the workshop • Become a volunteer • Join the board• Donate • Expand our media opportunities

Please visit www.wibo.org for more information.

Thanks to PBN Sponsors:

  • ALM
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