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2019 Letter from Chair

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2019 Letter from Chair 2019 LETTER FROM CHAIR Dear Friends, Welcome to We Are Miami 2018! Thank you for joining us here tonight to help Teaching Entrepreneurship. We received impact job creation, encourage economic three grants from Commissioner Willy Gort development, support tomorrow’s leaders, to fund a scholarship program for residents and improve the future of Miami. in his district. We also made a third grant to the St. Alban’s Child Enrichment Center in The Miami Bayside Foundation seeks to Coconut Grove and to the Education Fund last advance Miami’s growth by supporting year. In 2018, we funded two new programs, minority businesses and education. Since FIU’s Career Pathways Program for students 2011, MBF has awarded 73 loans totaling at Booker T. Washington Senior High School more than $3.7 million to minority-owned and the Miami Children’s Museum both businesses in the City of Miami creating to support summer internships as well more than 350 jobs. MBF knows that by as a college tour for seniors at Booker T. fulfilling its mission of supporting minority Washington Senior High School. entrepreneurship, Miami and its citizens will prosper. In 2018 the U.S. Small Business Administration designated MBF as State To help advance businesses in the City of of Florida and South Florida District Miami, we have partnered with SCORE Community Partner of the Year. Also in Miami, Prospera, and the Small Business 2018, MBF became development partners Development Center at FIU with whom with the State of Florida’s Department of we have provided more than 125 business Economic Opportunity to administer their owners with technical assistance, Black Business Loan Program for Miami- mentorship and training. Our small business Dade County. training program, which is holding its tenth series (ten sessions for a total of 25 hours) None of this would have been possible next month, has graduated 186 small without the support of our Board members, business owners. who work tirelessly to fulfill MBF’s mission, and our generous donors. I am especially Along with our loan program, our educational grateful to Bayside Marketplace and initiatives are essential to our mission. Since Ashkenazy Acquisition whose support is 2011, we have provided 1440 scholarships to instrumental in MBF´s growth. City of Miami students. We have endowments at Miami-Dade College, Florida International Please take the time to meet some of our University, and Florida Memorial University. In scholarship recipients and business owners 2014, MBF launched a scholarship program who are here tonight. They are Miami’s at every public senior high school in the City of future. Miami. For the last five years, we have made gifts to the Golden Scholars Program at FIU Enjoy the evening, and the Little Haiti Optimist Club. In 2015, we launched our scholarship program for City of Miami students at Miami-Dade Technical Colleges. We are on our second round of two multi-year gifts to organizations working with City of Miami Public High School students, Nathan Kurland Breakthrough Miami and the Network for Chair with the mission to promote a positive self- The COOL Miami LLC is a streetwear brand image and healthy living. The company that draws inspiration from urban culture. offers aesthetic and anti-aging services to The COOL designs and sells graphic T-shirts LOANS South Florida. wholesale. Recently, the company opened its own retail store in Liberty City. “Since 2011, the Miami Bayside Foundation has awarded 68 loans totaling Bunnie Cakes LLC was founded in 2009 more than $3.7 million to minority-owned businesses in the City of Miami and specializes in vegan, nut-free, and Creative Nails by Tommy Inc. has created gluten-free baked goods. In addition to its own exclusive nail polishing process that creating more than 350 jobs.” cupcakes, cakes, cookies, and brownies, has a strong following. They opened on Calle Nathan Kurland, Chair they serve savory lunch items at their Ocho in 2001. shop in Wynwood. Recently, Bunnie Cakes Studio LLC was opened adjacent to the Croutons II, Inc. d/b/a/ Vista is a new Italian In 2011, the Miami Bayside Foundation In 2013, seeing the need for smaller loans retail location to expand their wholesale restaurant focused on delightful foods as (MBF) created a loan program to provide with a simpler underwriting process, MBF capabilities and provide an event space. well as design. Vista offers a wide array of loans of $10,000 to $75,000 to minority- launched a microloan program with loans MBF has awarded four loans to Bunnie foods from classic Italian menu to a fusion owned businesses based in the City of from $2,500 to $10,000. The criteria are the Cakes. of Italian, American, and Latin flavors. The Miami. same except that the business must have new Buena Vista location includes an indoor been in existence for more than six months. section, large outdoor area, and an upstairs The minimum criteria for an organization to In 2014, MBF partnered with Enterprise outdoor bar. The owners also own Ristorante be considered for a conventional loan are: Florida, Inc. (EFI) and, through their State Fratelli Milano in Downtown. Small Business Initiative Loan Participation • Minority ownership; Program, MBF has been able to provide Dermamerx Inc. d/b/a Dermanova Med Spa loans of up to $150,000. and Salon is a Med-Spa servicing Downtown • Domiciled in the City of Miami, as stated and Brickell, which operates out of the in the organization’s Local Business Tax In 2018, the State of Florida’s Department ME Miami Hotel in downtown Miami. They Receipt; of Economic Opportunity chose MBF as a have a second location at the Epic Hotel on development partner to administer its Black • If a start-up (under one year), owners Brickell. Business Loan Program. This program must put up a 20% cash match; provides loans and technical assistance to black- Dogtown, Inc. provides pet friendly boarding • Owners must be United States citizens or owned businesses in Miami-Dade County. and grooming services out of its Coconut lawful permanent residents; Grove location and will be opening a new Loan applications for all loan programs can be location at the Panorama Building in • The organization must be a for-profit downloaded at miamibaysidefoundation.org. Brickell. Dogtown’s grooming services were corporation. No sole proprietorships; CamiAxle Construction Corp. is a family voted best in Miami for 2016 by Miami New Since 2011, MBF has provided loans to the Times. following Miami businesses: owned and operated general contractor and • The organization must demonstrate that construction management company created DTC International Holdings Inc. d/b/a the loan will aid in the creation of jobs; and in 2007. With extensive experience in the 1306 Lounge LLC operates a full-service bar H.I.M.-istry distributes men’s grooming construction industry and as performance • Use of funds are for working capital, cash in the OMNI district that has an adjoining products that are targeted towards multi- driven certified general contractors, they flow, inventory, and equipment. outdoor music courtyard which can cultural men. Their products are sold at can execute and manage small and large accommodate up to 400 people. Bed, Bath & Beyond and Amazon as well as commercial and residential construction through their own website. Barks and Tales Dog Spa Inc. provides pet projects. They have many clients in Miami grooming, boarding, and daycare services to including the Miami-Dade County Public Fievre & Fievre Inc. d/b/a/ Logan Miami’s furry friends. Established in 2009, Schools. Masterworks is a translation and Barks and Tales Dog Spa is in Wynwood. interpretation business that provides Churros + LLC d/b/a Sugar Yummy Mama translations, editing, ghost writing, and Beefree Media LLC is a visual was one of the pioneers in the food truck proofreading services with a focus on Haitian communication business with a specific movement in Miami providing a unique Creole and French. focus on local business. They are a creative gourmet sweet alternative for the Miami agency with a twist. What sets them apart metro area. They were voted Best Bakery Get Credit Healthy Inc. was founded in 2007 are their strategic planning, creative design, 2015 by Miami New Times. with the mission to help consumers restore development, testing, and execution. Their their credit and rebuild their dreams. By Concierge Auto Transport LLC provides team will tackle any campaign no matter assisting consumers to become qualified auto transportation services to clients how large or small. borrowers, the company created $40 million nationwide. The company serves as a in loan opportunities for one of their partner Bermejo & Associates LLC d/b/a freight forwarder, brokering the shipment of banks in 2014. MedAesthetics Miami was founded in 2012 vehicles for third parties. Groovin’ Bean, LLC is an upscale coffee bar Miami Smokers LLC is a boutique meat service catering. Their talented Chefs create Very Tasty LLC is a manufacturer and and lounge located in historic Overtown. In curing and smoking establishment a fusion of European and Latin patisserie. In distributor of Hispanic frozen food available addition to gourmet espresso drinks and dedicated to providing quality best-in-class 2016, they opened Mundo Café in the Miami in many supermarkets in the Miami area. homemade baked goods, the Bean has live pork products. In 2015, they opened their Green building. They provide delicious empanadas, pan de entertainment on weekend evenings. smokehouse and deli on 27th Avenue and NW bono, and arepas that bring smiles to those 3rd Street. They also have two locations at Sound of Fun LLC distributed KiddiMoto, who have tasted them. Haynes Security Services, Inc. is a security the American Airlines Arena.
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