YOUNG BILLIONAIRES CLUB
YOUNG BILLIONAIRES CLUB
The Sanders Hand is a nonprofit organization that provides a Universal Basic Income (UBI) program and financial education through its Young Billionaires Club program, to at-risk youth ages 12-25. Our mission is to create a more equitable society by empowering young individuals with the skills and resources to achieve financial independence and create a brighter future for themselves and their communities. By providing a basic income and financial literacy education, we aim to address income inequality and promote economic mobility.
Program Mission
The Sanders Hand “Young Billionaires Club” incubator program aims to provide entrepreneurial education to at risk youth giving them an opportunity to become financially stable.
Program Description
“Young Billionaires Club” is a module-based program that is offered face to face and virtual based on the needs of the students. We provide an entrepreneurial career cluster that focuses on planning, managing, & performing activities to aide in reaching organizational objectives. The sole intention of this program is to increase the average minority income level while decreasing the minority poverty level in disadvantaged communities by way of extending learning experiences that will help them adapt in the workplace with skills such as leadership, communication (speaking, listening, writing skills) employability, team building & time management.
Young Billionaires Club consists of the following:
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1-3 sessions weekly throughout the academic school year
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Daily access to program coordinators & experts in their respective fields for mentorship
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Educating students on funding outlets to jumpstart their businesses & new ideas
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Student business pitch contest upon successful completion of the program (Students who successfully complete the program will have an opportunity to become Sanders Hand, community leaders)
Program Location
Young Billionaires Club program will be facilitated face to face (with an option to attend virtually), serving counties: Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery and Waller.
Program Audience
Male & Female students in middle through post-secondary ranging from ages 12-25 in the following income bracket:
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$32,048 or less
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$32,048 - $53,413
Program Goals
Young Billionaires Club's goal is to the sole purpose of the enhancement learning stemmed from programs for the students by the students is to create a thriving learning culture & increase the minority income level while decreasing the minority poverty level in our impoverished communities.
Program Objectives
Students will take pre & posttest to track student & program success while building the analytics of the program to identify further need. There will be a 90-day follow-up after the completion of the program with all students on their business ventures. The update will provide data to the program on business & economic growth, as well as social development for all students who participated.
Program Components
Each Session will have a standard run time of 1 hour & 30 Minutes
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What is entrepreneurship?
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Business plan (The Living Document)
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Identifying a product or service
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Marketing in the digital age “Getting in front of your customers”
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Pricing your product/service (Competitors & target market)
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Customer Service “How to keep your customers”
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Funding your dream “Where is the Money”
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Pitching to potential investors
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Student Business Presentations
Program Statistics
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Roughly 1 in 5 youth from low-income families (18 percent) never connect (making extremely short, or no connections to school and/or the labor market between ages 18 and 24), while only 1 in 50 youth from high-income families (2 percent) fall into this category.
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Youth from low-income families engage in more risk behaviors during adolescence than youth from middle-income and high-income families.
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The poverty rate in Houston is 21.2%. One out of every 4.7 residents of Houston lives in poverty.
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The Poverty Rate across the state of Texas is 16.0%, meaning Houston has a significantly higher than average percentage of residents below the poverty line when compared to the rest of Texas.
Program Measurables
The Sanders Hand “Young Billionaires Club” program sets out to measure the objectives through data analysis that will come from pretest scoring to show students' prior knowledge of content to aid in identifying where each student will start. Posttest scores will serve as outcome data that aids in measuring the strength of the program and student success. The 90-day follow-up will be an evaluation period for program leaders to connect with students to rate the overall effectiveness of the program. For clarity of grant application approval & donations, Young Billionaires will track all expenses & student success rates to report data each quarter of the calendar year. Stakeholder evaluations will be used to monitor partnerships between the program and their respective supporters. Evaluation reports will be disbursed to stakeholders in an annual presentation upon completion of each program to pinpoint the impact for a program of the program end of year successes. Stakeholders will be able to find the data that will be shared with similar agencies via outlets such as guide star to track programs, data analysis & funding.
