The Black and Brown Community is one of the most innovative communities in the history of the world, and without their breakthroughs, inventions and achievements, we would find ourselves living in a much more primitive civilization.
Our People have no shortage of great ideas.
Our People have no shortage of depth and understanding.
Our People have no quit in our quest to help our Community out of poverty.
Our problem has always been available and equal access to capital.
For many years due to systemically racist laws, banks and private lenders have been allowed to discriminate against communities of color.
For the first time since Black Wallstreet, members in the Black and Brown community will have a collective space to invest in each other. This is why Blackpledge understands our initiative is important: Many of our people have great ideas but don’t know the next step in bringing these ideas to life. We can help make these ideas a reality.
How to Get Started:
- Start your membership application fee (One-time processing fee of $99.99 for all membership tiers)
- Pitch your idea
- Submit a video
- Get approved
- Get funded
The Process and How It Works
Once we receive your complete application, we will submit it to our Board of Pledgers. You may have a rough draft of your business idea, and we will assist in presenting it to a more sophisticated platform. Once you’re done pitching your idea or invention, for a new or existing business, we will own a certain percentage. After approval, Blackpledge will assign an Account Manager to your account. The sole purpose of your Account Manager is to ensure your success and is also to protect the investment of our Pledgers. This is important because at Blackpledge, we believe people have great ideas, but that doesn’t automatically qualify them as great managers.
The Role of your account manager
Your Success is Our Story!
Your Account Manager will communicate and be in charge of the breakdown and allocation of funds. As partners, we have to protect you and our Pledgers. Your account manager will work with you side by side to make sure that the funds get allocated properly.
With most crowdfunding platforms or financial institutes, once funds are raised or approved, individuals are given a blank check to do whatever they want. We walk you through the process and help you every step of the way and make sure the funds are being used properly, and we won’t base our approval on your credit.
Your Account Manager will help you set up your business with the following:
- Set up your LLC
- Your EIN/Tax ID
- Set up business banking
- Merchant services
- Payment portal
- Logo design
- Business social media pages
- Website for your business
- Help secure a store location
- Help you negotiate with vendors
Blackpledge will be by your side on your grand opening day. These startup funds will help get your business off the ground.
**All new members are subject to a 90-day probationary period before the use of any service.**