Through PhillyiHub, budding entrepreneurs turn ideas into action plans.
For four years, Mt. Airy CDC has spearheaded the PhillyiHub’s business training program that is FREE to qualified and approved candidates. The program is managed by Aaron Crump, and the curriculum is led by David Simons of Kingdom Social Media.
Apply for 2021 Cohorts
To apply for the next cohort, targeted to begin on Monday, January 25th, please fill out the application below.
PhillyiHub was launched by Mt. Airy CDC in 2016 as the Philadelphia Immigrant Innovation Hub. Since the opening reception with Mayor Jim Kenney, the iHub has cycled through several cohorts of students, drawing from immigrant populations, existing businesses looking to grow, and startup entrepreneurs.
One of the primary functions of the Go Mt. Airy Business Association is to connect local business owners with resources to grow and improve their businesses, such as Community College of Philadelphia’s Power Up Your Business and Goldman Sachs’ 10,000 Small Businesses. PhillyiHub is the first step on this path—the bridge to further growth.
** PLEASE NOTE: Curriculum subject to change for future cohorts. **
A curriculum of six, three-hour classes is led by David Simons on Mondays, normally at Work Mt. Airy, the coworking space at 6700 Germantown Avenue (lower level), but since COVID-19 restrictions began, we’ve conducted the classes via Zoom.
The outline of 2020 classes is as follows:
WEEK ONE: THE ENTREPRENEUR
- What are the key skills, resources, and knowledge you need to be an entrepreneur?
- Do you have the right product or service?
- Identifying the right customers that will pay for your product or service
- How will you fund your startup?
WEEK TWO: TESTING YOUR BUSINESS IDEA
- Determining market demand for a product or service
- Customer interviews and market research
- Competition and industry research
- Utilizing the Business Model Canvas to validate your idea
WEEK THREE: PRICING & MONEY
- How do you price your product or service?
- How much capital do you need to start your business?
- Determining how much money you need to keep the business going (cash flow)
WEEK FOUR: MARKETING
- Branding and articulating your message and unique value proposition
- Strategies for startups to find the right customers
WEEK FIVE: OPERATIONS
- Location of the business
- Licensing, legal, and insurance
- Hiring the right team and outsourcing
- Developing operational processes for a sustainable business model through systems and technology
WEEK SIX: BUSINESS MODEL CANVAS PRESENTATIONS
- Each person presents their business model canvas and gets feedback from classmates and invited guests
- Share community resources and next steps