iCare Foundation
Career Development

Business Coaching & Entrepreneurship

Business coaching and entrepreneurship workshop
Program in Development — Help Us Launch

Building the Next Generation of Community Entrepreneurs

iCare Foundation is developing a Business Coaching & Entrepreneurship program to serve aspiring and early-stage entrepreneurs in Greater Tampa Bay — with a particular focus on residents from underserved communities who have the ideas, the drive, and the work ethic to build successful businesses but lack access to the coaching, networks, and capital strategies that turn vision into viability.

Small business ownership is one of the most powerful pathways to generational wealth in the Two-Generation (2Gen) framework — a thriving business creates income, assets, and community investment that benefits both the owner and their children. Our program will provide structured coaching, peer networks, and practical business education designed specifically for entrepreneurs who have not had access to these resources before.

99%of Greater Tampa Bay Businesses Are Small Businesses
45%of Minority-Owned Startups Fail Within 5 Years Due to Lack of Mentorship
$1.8TAnnual Revenue Gap Between Minority and Non-Minority Owned Businesses
3xHigher Business Survival Rate With a Business Coach or Mentor

Entrepreneurship in Underserved Communities Needs Infrastructure

Greater Tampa Bay has one of the fastest-growing small business ecosystems in the country — but that growth is not equally distributed. Black, Hispanic, and low-income entrepreneurs face a persistent access gap: less access to capital, less access to professional networks, less access to the business education that turns a good idea into a sustainable enterprise. The result is a region where entrepreneurial potential in underserved communities goes largely unrealized.

iCare's Business Coaching program addresses the infrastructure gap — not by lowering the bar, but by building the support structure that allows talented entrepreneurs to clear it. When businesses in underserved communities succeed, they create jobs, build community wealth, and demonstrate to the next generation that economic independence is possible.

Why Funders Prioritize Small Business Development

The SBA's Community Advantage and Microloan programs, the U.S. Treasury CDFI Fund, JPMorgan Chase's Small Business Forward initiative, and the Ewing Marion Kauffman Foundation all fund entrepreneurship programs in underserved communities. Greater Tampa Bay's documented minority business development gap makes this a highly competitive grant opportunity for an established community organization like iCare.

Entrepreneurs in Greater Tampa Bay community

How the Business Coaching Program Will Work

Business Planning & Strategy

Participants will develop real business plans — market analysis, revenue models, operational structure, and financial projections — guided by experienced business coaches who understand both the technical requirements of a fundable plan and the practical realities of launching in Greater Tampa Bay.

Financial Management & Capital Access

Many small business owners never learn how to read a P&L, separate business and personal finances, or build the credit profile needed to access capital. Our program addresses this directly — teaching practical financial management and connecting entrepreneurs to SBA programs, CDFIs, and local funding sources.

Peer Entrepreneur Network

Participants will be connected to a cohort of peer entrepreneurs and a broader network of established business owners, investors, and community partners — because in business, who you know is as important as what you know, and underserved entrepreneurs rarely have access to those networks by default.

Marketing, Sales & Customer Acquisition

Sustainable businesses require consistent customer acquisition. Our coaching will cover practical marketing strategy, digital presence, sales fundamentals, and community-based business development — giving participants the tools to build a customer base that sustains long-term growth.

What Research Shows Business Coaching Achieves

Sources: U.S. Small Business Administration, SBDC National Network, Opportunity Finance Network

3x

Higher 5-year survival rate for businesses with formal coaching vs. without

SBA

68%

of SBDC clients report revenue increase within 12 months of coaching

SBDC National

82%

Higher loan approval rate for entrepreneurs with a structured business plan

Opportunity Finance Network

$2.6M

Average economic impact per 10 businesses sustained in local communities

SBA Economic Research

Three Ways to Make This Program a Reality

Fund the Program

Your donation funds business coaches, curriculum development, and the peer network infrastructure needed to launch this program and serve entrepreneurs across Greater Tampa Bay.

Donate Now

Become a Business Partner

Established businesses and corporations can partner with iCare to provide mentors, offer procurement opportunities for program graduates, or sponsor cohorts of aspiring entrepreneurs.

Explore Partnerships

Volunteer as a Coach

Experienced business owners, executives, accountants, and marketing professionals can volunteer as business coaches or workshop facilitators — investing their expertise in the next generation of community entrepreneurs.

Get Involved
Take Action

Help Us Build Greater Tampa Bay's Next Generation of Entrepreneurs

The talent is here. The drive is here. What is missing is the coaching, the networks, and the structured support that turns entrepreneurial potential into community-building businesses. Help iCare Foundation provide it.

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