ABOUT US

COMMITTED TO ADVANCING UNDERREPRESENTED ENTREPRENEURS
TO OVERCOME BARRIERS AND CREATE LASTING IMPACT

What We Believe

We believe in the power of small businesses to drive meaningful change in the lives of entrepreneurs, their teams and the communities they serve.

What We Know

94% of businesses

in RI are micro-businesses (fewer than 10 employees)

~131,000 RI workers

are employed by micro-businesses

(~18% of the population)

More than 80%

of minority-owned businesses in RI remain micro-businesses

42% of businesses

in RI are women-owned (20% increase over 5 years)

60% less companies

in RI are minority-owned compared to the US average

Only 3% of jobs

in Rhode Island come from minority-owned businesses

46% growth

in minority populations across Rhode Island from 2010-2024

$3M in grants

in 2023 to support minority- and women-owned businesses in RI

Our Core Values

Empowerment Through Equity

  • Equity in Action

    We are deeply committed to addressing systemic inequities that minority and women entrepreneurs face. By providing tailored support services, we strive to bridge the gaps that have historically disadvantaged these communities. Our programs are designed to level the playing field, ensuring that all entrepreneurs have the opportunity to thrive and strengthen their communities and their own future, regardless of their background.

  • Culture of Integrity

    Our purpose and mission are the foundation of every decision we make and every service we provide—extending to everybody on our team and in our support network. Our relationships are built on mutial trust and respect. We maintain the highest ethical standards and confidentiality in all of our interactions, ensuring that entrepreneurs can feel comfortable with the support they receive.

  • Community Empowerment

    Strong communities are built and maintained by dedicated people and strong businesses. Our mission extends beyond individual success; we aim to uplift entire communities by empowering local entrepreneurs. By fostering a network of business owners who support each other, we create a ripple effect that strengthens the social and economic fabric of Rhode Island's diverse populations.

  • Sustainable Impact

    We understand that true success is measured not just by immediate gains, but by long-term impact. Our focus on sustainability helps the business owners we support plan ahead and prepare to ensure that they are not only profitable but also resilient and adaptable to change. We also provide ongoing support to help entrepreneurs navigate new challenges, innovate and grow.

Our Unique Approach

Personalized Pathways

  • Personalized Mentorship

    Every business is different—and so are their owners. We take the take to meet our entrepreneurs individually to learn about and address their specific situations, challenges and goals. If we don't have the answers, we pair entrepreneurs with experienced mentors who provide advice and insights based on their industry and business stage.

  • Comprehensive Resources

    We offer a wide range of resources and are constantly expanding our resource offerings online and offline. From professional services and administrative guidance to marketing strategies and funding opportunities, we provide our entrepreneurs with the tools, connections and knowledge to succeed. Our support ecosystem includes accountants, lawyers, marketers and other professionals who make their high-quality support accessible to our clients.

  • Strategic Connections

    Through our extensive network, we have connected entrepreneurs with potential partners, investors and clients. We have spent decades building our network of change-makers and advocates in Rhode Island, including Urban Venture alumni who are eager to strengthen our community. Our network is built on mutual trust and respect, ensuring that every connection adds value for our community and entrepreneurs.

  • Continuous Learning

    Business, social, legal, and economic landscapes are constantly evolving, and we actively engage with community leaders and policymakers to stay informed. We offer workshops, newsletter updates, online resources and educational opportunities to help entrepreneurs understand the latest trends, technologies and legislation affecting their businesses. Our commitment to continuous learning is essential and empowers our entrepreneurs to adapt and thrive.

Our IMPACT

Leading the Way for Micro-Enterprises in Rhode Island since 1999

MBE Payment Pilot Program (2020)

Urban Ventures contributed to Rhode Island’s MBE Payment Pilot by ensuring timely weekly payments to subcontractors in state-funded construction projects. This program alleviated cash flow issues for minority business enterprises (MBEs), empowering them to compete more effectively and participate sustainably in public contracts.

MBE Access to Capital Committee Report (2020)

Urban Ventures co-authored this report to address financing challenges for MBEs, proposing the Revolving Advance Fund (RAF). The RAF offers predictable cash flow by advancing project funds without credit or collateral requirements, fostering equitable access to public contracts and supporting business growth.

We Created an E-Incubator Helping RI Win a $4.5 Million Federal Grant (2010)

"A collaboration with the Rhode Island-based non-profit organization, Urban Ventures, will support and document the implementation of a 'virtual incubator,' which supports the development of micro-entrepreneurs as they seek to incubate their businesses and access potential state resources."

– BroadBandUSA Grant Website

We Co-Authorized Rhode Island's Historic Micro-Business Law (2016)

Businesses with 10 or fewer employees make up 73%-98% of Rhode Island’s economy, varying by community. In 2016, Rhode Island became the first state to officially recognize these businesses with the passage of the Micro-Business Law. Co-authored by Urban Ventures' leaders, JR Neville Songwe and Ron Crosson, this law enhanced visibility and support for micro-businesses statewide.

Our team

The strength of Urban Ventures lies in the diverse expertise and unwavering commitment of our team. Our staff and volunteers bring a wealth of knowledge from various industries and backgrounds, united by a shared passion for empowering under-represented entrepreneurs and communities.

Board of Directors

A Few of Our Community Partners

Support Our Mission

Become A Mentor, Donor or Partner

Introduce yourself and join us in supporting diverse local businesses and communities in Rhode Island

Supporter Introduction

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