FACT SHEET

IMPACT: Since 1966, 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%.

WORKING TOGETHER TO MAKE A DIFFERENCE: WIBO's staff of four manages 288 workshop sessions, seven business support services and 150 volunteers.

HIGH SATISFACTION: Of the 1500 aspiring entrepreneurs WIBO assists each year, 80% come from graduate recommendations. Fifty-six percent of the volunteer staff are WIBO graduates.

SERVING THE UNDER-SERVED: Sixty-five percent of clients have household incomes below $50,000 and 43% have incomes below $30,000.

UPLIFTING UNSERVED URBAN CENTERS: WIBO entrepreneurs are from Harlem, Bedford-Stuyvesant, Downtown Brooklyn, Lower East Side, Washington Heights, Southeast Queens, South Bronx, Long Island City and Yonkers.

VALUE: The 16-week workshop and consulting services are equivalent to a mini MBA program. Due to private support, the cost for the workshop including materials is $249 with further discounts for individuals with incomes under $50,000. The market value of the workshop is $4000.

  Since 1966, WIBO has developed over 15,000 entrepreneurs resulting in the creation of close to 32,000 jobs.

Over 54% of WIBO graduates are in business after 5 years, compared to the national average of 20%.

Sixty-five percent of clients have household incomes below $50,000 and 43% have incomes below $30,000.

The 16-week workshop and consulting services are equivalent to a mini MBA program. Due to private support, the cost for the workshop including materials is $249 with further discounts for individuals with incomes under $50,000. The market value of the workshop is $4000.

Impact:

Economic Development:

Serving The Under-Served: