The
Allan Houston Business Education & Development
Program and the
Lenovo Small Business Incubator
represent a unique collaboration of celebrity, corporate and civic
organizations towards the greater good of the community. Together
with the National Foundation for Teaching Entrepreneurship, we have
created a one-of-a-kind program for entrepreneurial and economic
advancement. With funding support from Lenovo and other corporate
partners, the program will continue to grow in New York and New
Orleans while expanding to new cities such as Chicago, Oakland and
others in the months and years ahead. With the mission of
empowering young entrepreneurs to create successful business
enterprises with lasting economic benefit to the community, this
comprehensive program combines high-caliber instruction with
expert-assisted application in two stages –

Stage 1) Business Education & Development (5.5
Months)
Identified through localized promotions and evaluated according to
a set criteria (age and diploma requirements, organizational and
communication skills, strength of business concept and/or initial
business plan, and perceived aptitude for entrepreneurial success),
program participants undergo a three month intensive training
period with twice-weekly instruction in NFTE’s advanced curriculum
with the goal of skill development, knowledge gain, and the
refining of specific business concepts. Led by a veteran NFTE
Certified Entrepreneurial Teachers and co-facilitated by the
Program Director, the instruction is highly dynamic with frequent
guest speakers, field trips, affinity (small group) work, and other
business/community asset exploratory activities to augment
instruction. In the second three months, participants are paired
with experienced and knowledgeable mentors who assist in developing
their business plans through a series of in-depth clinics.
Stage 2) Small Business Incubation (12 Months)
Upon completion of training, two businesses identified as
“launch-ready” are selected to receive free office space, a team of
advisors to help launch their business, up to $20,000 in
donor-advised start-up funds, and access to small business loans
and grants for additional capital. During this stage, each business
will execute a clear implementation strategy with set objectives,
work closely with the advisory team to identify and overcome
problem areas, generate positive cash flow, and write a first year
Annual Report (
More
Info). At the end of this period, each enterprise will be
evaluated and relocated within the community as the next set of
trained entrepreneurs enter the incubator.
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Student Testimonials
Hollis Heath (19 years old from Harlem, NY) - “The
entrepreneurship program with the Allan Houston Foundation has been
a phenomenal experience thus far. Before this point, I never
envisioned myself as a business person. Now, I can not only see
myself owning a business, but several. The instruction I’ve
received, the support from the faculty and contacts I’ve made have
been invaluable. I count the decision to apply to the program
extremely high, on my ‘best decision ever made’ list.”
Ekiuwa Asemota (25 years old from Brooklyn, NY) - “This
class is extremely important to me, what I have learned thus far
and the guide from my instructors has built up my self-esteem as a
young entrepreneur, as well as, guided me to becoming more FOCUSED
on my goals, dreams and passion in life.”
Keia Cuffe (25 years old from Bronx, NY) - “Being a part of
the Allan Houston Business Education and Development program has
been a wonderful experience for me. I've learned so much about
empowering myself in the business world with the support of the
team. I also gained lifelong friends and business advisors in my
classmates. I really appreciate how everyone helped everyone get
through the program whether it was through emails, phone calls or
encouraging words during class.”
Keith Kinch (26 years old from Brooklyn, NY) - “This has
been one of the best experiences in my life. Being able to see my
idea begin to form into reality is something I hope everyone my age
can be part of one day.”
Sarah Farzam (25 years old from Manhattan, NY) - “This
program is very important to me and I truly appreciate all that it
has done for me. Meeting Kat (instructor) has been great, the
support from Trevor and Jonathan has been lovely as well. Whenever
I am frustrated, I come to class and feel relieved. Thank you for
trying to make it an exceptional experience for all of us. Please
keep up the good work!”
Ronald Smith (19 years old from Washington Heights, NY) -
“The Allan Houston Foundation has helped me greatly in furthering
my business plan and its details. I am greatly appreciative for the
opportunity. Thank You!”
Aminah Salaam (23 years old from Harlem, NY) - “My
experience in the program has been exceptionally rewarding. I have
come to have an open mind in learning from my competitors and
networking with others. This program will have a large part in the
success of my business and I am very thankful for this
opportunity!”
Christopher Melendez (21 years old from Bronx, NY) - “This
program means so much more than just to have the opportunity to
write a business plan. This foundation made me look at the little
things in life in which I took for granted. After high school I
struggled with life, and the ability to handle my drinking. This
program gives me a new hold on life and shows me that I’m not
‘washed-up.’ I accomplished something for myself when all I did was
fill out that application. And having done my [Power Point]
presentation, though extremely nervous, I accomplished a task that
I put a lot of effort in and for that I’m proud of myself. I’m
extremely grateful for this program and blessed to actually be
doing something towards my dream instead of just dreaming about
it.”
Johmyrin Johnson (22 years old from New Orleans, LA) -
“Before this program, I was afraid of my own potential. Never did I
think that I could combine my passion with a business that could be
viable and affect change in so many lives. This program helped me
look those fears in the face and transform that energy into a
successful business. I can only be thankful. I was given the
foundational knowledge and skills to prepare me for the rigor that
accompanies business formation, but I have taken so much more from
the program than what I originally intended. I have gained a new
family, new friends, and new partners in my classmates and
throughout the community. I am more aware of my strengths and
weaknesses as an individual. I am also more confident in my ability
to truly change the structure of my city through this business. My
most challenging days in the program were always accompanied by
support from the other people experiencing the roller coaster ride
that I was a part of. I could not have asked for a better group of
people. Starting this journey is an experience that I will cherish
for a lifetime and I look forward to what experiences lie
ahead.”
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As the program continues to expand to other locations across the
country, hundreds of participants will be given the tools needed to
find personal success and economic empowerment through
entrepreneurship -
Apply Now. To
request a Program Overview that details each component of the
program and its curriculum, please
Contact Us.