March 2023
NXT | CLT Quarterly Newsletter
Overview
NXT|CLT was birthed to address systemic inequities and works to provide opportunities for “The Next Generation of Charlotte's most successful businesses owned by untapped Talented Black, Indigenous, People of Color (BIPOC).”

It is designed to help them become better leaders, get access to social and financial capital resources, and to assist in creating access to large scale enterprise contracts so that they can scale and grow.

This is at the heart of our work in Charlotte. NXT|CLT is needed more than ever to provide wrap-around services and adjust as needed to improve services for businesses owned by BIPOC businesses in the new normal.
Upcoming Events
March
NXT | CLT Board Meeting
Date: Wednesday, March 15th
Time: 8:30 am
Location: Zoom
April
Cohort V
Making the Shift Enhancing Leadership Through Mentorship
Date: Thursday, April 20th
Time: 5:00 P.M. - 7:00 P.M.
Location: UNC-Charlotte Portal Building Lobby

Cohort VI
Kick Off Meeting - Orientation
Date: Thursday, April 20th
Time: 3:00 P.M. - 4:30 P.M.
Location: UNC-Charlotte Portal Building RM# 232

The NeXT has arrived
Welcome Cohort VI
NXT | CLT is pleased to introduce Cohort VI. We have a dynamic group of business' who will start their immersive learning on April 20th.

The latest cohort class of March 2023 includes:
Creating your NeXT - The Entrepreneurial Legacy Builders Podcast
Join NXT | CLT Executive Director Eric Lewis, as he sits with NXT | CLT Cohort Business', Board Members, and Community Leaders to discuss operating BIPOC Business and Organizations in the Queen City.
NXT | CLT Celebrates Woman's History Month
"The difference between a broken community and a thriving one is the presence of women who are valued."
- Michelle Obama
NXT | CLT Emerging Business
NXT | CLT CEO
Executive Leadership Mastermind Class
"NXT | CLT Thanks the CLT Impact Investors for taking the time to impart Capital funding knowledge to our cohort businesses."
NXT|CLT was honored to partner with “CLT Impact Investors”-  to deliver a thought-provoking CEO Executive Level Mastermind class about "Entrepreneurship - venture capital funding."
This executive leadership session featured a panel of investors from CLT Impact investors - Todd Collins, James Whitner, David Sheffer, and Hal Levinson in addition to three successful entrepreneurs Anita Stanton, Khaleel Loyd ,and Gio Brown who used Venture capital funding from CLT Impact Investors to drive business growth and scale their business to meet and exceed customer needs.
 
In this fast-paced, interactive session our business owners learned about reasons why businesses may need to raise capital, evaluating business needs, the capital raising process, and the legal aspects of raising capital.

Learning how to raise capital is crucial for the success of any business, and particularly important for Black, Indigenous, & People of Color (BIPOC)  owned businesses that face unique challenges in accessing funding.

With adequate capital, BIPOC entrepreneurs can invest in acquiring and developing talent, marketing, product development, and expansion, ultimately driving economic growth in Charlotte and beyond. Having a strong network of investors like the Charlotte impact investors and understanding different funding options can empower BIPOC business owners to overcome financial barriers and achieve their NeXT.
ANNOUNCEMENTS
SAVE THE DATE
Join NXT | CLT as we celebrate the shift from Entrepreneurship to Mentorship of Cohort V. Mark your calendars for April 20th beginning at 5:00 P.M.
NeXT Charlotte Selected as a NC IDEA ECOSYSTEM Grant Recipient. Awarded $100,000 for supporting businesses owned by Black, Indigenous, and People of Color in the Charlotte Metro Area
NeXT Charlotte (NXT|CLT,) a non-profit entrepreneur support organization (ESO) whose vision is Transforming Lives to Equitably Serve Entrepreneurs in Our Communities, announced receiving a generous donation of $100,000 from NC IDEA Foundation
NXT | CLT Resource Center
American Rescue Plan Act (ARPA) On-the-Job Training Grants (OJT)
What is an OJT grant?

A grant that reimburses an employer to offset the cost of training a new employee.

The training is delivered by
the employer.

An outside provider may be used, provided the training is monitored by a supervisor.

There is a set of criteria that must be met by the employer, the training job and the trainee.
Primary Contact:
Reggie Bean
Managing Director
WAYS TO GET INVOLVED
Become A Sponsor
Support the overall work of
NXT | CLT as a sponsor.
NXT | CLT is an initiative of the Junction Business Services which is a 501 c3 committed to improving outcomes for people of color in businesses as well as prepare the next generation of business owners and leaders.
Become An Advisor
There are professional leadership advisors and mentors needed to work directly with the leaders of the companies participating in NXT | CLT. These advisors and mentors will help the leaders of these companies by providing a sounding board, leadership development, and advisory services as needed by the company
Become An Investor
There are several funding offerings being developed to provide access to capital for the companies that are part of the NXT | CLT program. They represent a diverse set of options to provide capital for the companies that may best fit their needs and the state of their business.
NXT | CLT SPONSORS
NXTCLT.ORG