The 100 BMLV considers economic empowerment as a necessary step toward creating a just society, not only here in Las Vegas, Nevada, but for black people around the world.
The 100 defines economic empowerment as the ability to be self-determined in creating dreams, pursuing them and ultimately perpetuating them by establishing the mechanisms to sustain generational wealth.
Our programmatic initiatives promote generational economic self-sufficiency through financial literacy, family wealth building and entrepreneurship.
Current program initiatives include:
l Dollars & Sense Youth Investment Program by State Farm
l Hands on Banking by Wells Fargo
l Pathways to Success by Wells Fargo
Dollars & Sense Youth Investment Program by State Farm
The Dollars and Sense program is designed to provide high school students, grades 9 through 12, with the opportunity to learn and apply “best practice” strategies for saving and investing. The goal of this program is to help students understand basic savings/investment principles and to apply these standards in their day-to-day lives.
Hands on Banking by Wells Fargo
The Hands on Banking offers classroom lessons and activities designed to teach valuable money management skills and help youth and community members take control of their finances.
The Hands on Banking curriculum is designed for seven target groups:
Kids—4th and 5th grades
Teens—6th through 8th grades
Young Adults—ages 15 through 21
Pathways to Success by Wells Fargo
Pathways to Success (PTS) The program focuses on two primary career development areas: Corporate Phase and Entrepreneurship Phase. The Pathways to Success model is designed to assess participants’ interest, measure success, and track results. The program concludes with paid job shadowing activities for participants.
The co-ed program is open to high school juniors and seniors and collegiate chapter mentees through a rigorous application process.
The EEC is primarily focused on the following 3 initiatives for 2016:
- Youth Work Experience (WEX) Partnership - Assisting the WEX program with securing employment of 160 youths with local businesses. This is a collaboration between the 100 BMLV Economic Empowerment Committee, Southern Nevada Regional Housing Authority (SNRHA), and the Youth One Stop. Services are targeted at youth ages 16-24 that require professional training, education, and work experience. Key benefits to employers participating in the program include empowering young employees with job skills that may produce a long term high value employee and the WEX program pays the youth's salary directly, so there is no cost to the employer.
- Hosting (3) independent financial literacy workshops where we sponsor financial industry and wealth building professionals to teach valuable money management skills to High School age, and adult community members (especially the parents & guardians of our mentees) to take positive control of their finances.
- Implementation of The Hands on Banking program by Wells Fargo. Hands on Banking is a program handed down from 100 BMOA National HQ that offers classroom lessons and activities designed to teach valuable money management skills and help Youth—4th and 5th grades and Young Teens—6th through 8th grades to learn valuable money management skills.