Mikaila Ulmer is a seven-year-old entrepreneur in Austin, Texas. She is a second-grader at Trinity Episcopal School. Her entrepreneurial endeavors began at age four when she created her first product, BeeSweet Lemonade. Mikaila is the winner of the 2011 Austin Lemonade Contest. A portion of Mikala's profits earned this year will be donated to Heifer International, an organization committed to caring for the Earth by developing sustainable, long-term investments in the future of people and the planet. Mikaila's donation will provide at least one family in a developing country with a package of bees, equipment and training in beekeeping. Disadvantaged families can earn income through the sale of honey, beeswax and pollen. In her spare time, she plays with her brother, practices Aikido, a form of traditional martial arts, and takes care of her gerbils. Her parents are D'Andra and Theo Ulmer.
Paul Orajiaka, a 37 year-old Nigerian entrepreneur, is the founder of Auldon Limited, a manufacturer of African-themed toys. Auldon manufactures dolls and other toys which depict, promote and teach Africa’s cultural heritage to children. Orajiaka founded the company 17 years ago with less than $100; it now has annual revenues of more than $10 million.
Apart from Nigeria, Auldon’s toys are now sought after in countries like South Africa, Ghana, Kenya, and some parts of Europe. Last year, Auldon launched the Unity Girl Dolls, a set of multi-cultural dolls clad in the traditional attires of Nigeria’s major ethnic groups. It has been a runaway success and a tremendous hit among Nigerian parents and their daughters.
Orajiaka is currently studying for a Doctorate in Business Administration [DBA] at Henley Business School of the University of Readin, majoring in Entrepreneurship. I recently had a chat with him where he recounted his journey and spoke about his future plans.
Read More: http://www.forbes.com/sites/mfonobongnsehe/2015/01/06/the-nigerian-entrepreneur-who-built-a-10-million-toy-company/
While Black parents in the U.S. remain frustrated with the lack of Black dolls for their children, a Nigerian businessman has tapped into the growing toy industry and created a line of African dolls that fill an important void in the market.
For years, Black parents and children have wondered why there are so few Black dolls available on American shelves. As it turns out, that problem was just as prevalent in Nigeria, but Taofick Okoya has tackled it with a vengeance.
Read More: http://atlantablackstar.com/2015/01/24/nigerian-entrepreneur-fills-void-black-dolls-queens-africa-naija-princess-dolls/
In the current national push for making black lives matter, economic support for black-owned businesses doesn't get its fair share of dialogue.
True, social justice and political activism can help solve many of the continuous problems facing our community, but what about economic growth and stability to help heal our struggling neighborhoods? There is only so much we can expect at the federal level before we start doing our own part outside protest.
In a dream world, every kid’s resume would look a lot like Maya Penn’s. Her dizzying fount of accomplishments by the tender age of 14 puts us all to shame. The multi-talented wunderkind is — so far! — an eco-fashion designer, children’s book author, artist, animator, coder, public speaker, entrepreneur, philanthropist, and environmentalist. She founded her eco-fashion line, Maya’s Ideas, when she was just 8 years old. “I guess I’ve always had an entrepreneurial spirit,” she says, matter-of-factly.
The Canton, Georgia-based artist has spent a huge chunk of the past six years designing and hand-making clothing and accessories out of organic cotton, hemp, bamboo, and vintage silks and wools. She donates 10 to 20 percent of her company’s profits to organizations she admires including Live Thrive Atlanta and the Captain Planet Foundation, and “no matter how big my company gets,” she says, “I will always use eco-friendly materials. No matter what.” (And hey, it’s getting there: Even Samuel L. Jackson has one of her eco-friendly scarves).
A US based Kenyan woman has started a new Preparatory school in Kennesaw, Georgia, about 25 Kilometers West of the city of Atlanta.
Princeton Preparatory school, which is a Montessori-style institution, welcomes its first batch of pupils on Monday.
The proprietor, Ms Faith Wangunyu, told the Nation that she had to work multiple jobs to raise the start-up capital required to start the school.
“I had to raise at least US $50,000 as start-up capital. I didn’t receive a penny in outside aid from anyone,” she said adding; “I’ve worked as an emissions inspector, a night auditor at a hotel, a nursing aide, you name it,” said the 31 year old entrepreneur.
A third year student of International Affairs at Kennesaw State University, Wangunyu says her efforts have finally borne some fruits. “I am very grateful to my family for encouraging me even when I felt like giving up,” she said.
She spoke during the ribbon cutting ceremony at the school last Saturday, which was attended by the Mayor of Kennesaw city, Mr Mark Mathews, a number of other city officials, parents and well wishers.
The mayor paid tribute to Ms Wangunyu and thanked her for choosing the city of Kennesaw as the school’s location.
If you have ever thought about starting a business and wanted to focus on on the continent of Africa, then now is your chance. With the stroke of his pen, Obama initiated his executive order to add to the Doing Business In Africa (DBIA) Campaign he started in 2012.
This effort went into effect last year at the U.S.-Africa Business Forum where President Obama announce his plan to invest $7 billion dollars in new financing to promote U.S. exports and investments in Africa under the DBIA Campaign. This is on top of other companies, institutions and nations commitment of another $26 billion dollars for similar efforts totally a whopping $33 billion dollars in opportunity.
The goal of the effort is for the US Government to strengthen commercial relationships with the continent of Africa. POTUS recognizes there are a wide range of opportunities for trade, investment and more across the continent. This puts entrepreneurs and businesses in a great position for expansion and creates job opportunities right here in the United States.
The DBIA Campaign encourages U.S. commercial engagement in Africa by harnessing the resources of the U.S. government to assist businesses in identifying and seizing opportunities and to engage with members of the African Diaspora in the United States.
President Obama’s Executive Order (E.O.) is to promote broad-based economic growth in the United States and in Africa by encouraging U.S. companies to trade with and invest in Africa.
The E.O. creates a President’s Advisory Council on Doing Business in Africa under the direction of the Secretary of Commerce. The new Government resources to support the exports and investment in Africa will come from the following; Interagency Initiatives, U.S. Export-Import Bank, Millennium Challenge Corporation, Overseas Private Investment Corporation, U.S. Trade and Development Agency, U.S. Department of Agriculture, U.S. Department of State, U.S. Department of Commerce, U.S. Agency for International Development, U.S. Department of Transportation, U.S. Department of Energy, and the Office of the United States Trade Representative.