When tasked with the challenge of discovering what the Future of Money may look like, my teammates (Samantha Lai, Cole Shiflett and Ian Smith) and I decided that we did not have to look into alternative currencies or mobile paying apps to discuss where money maybe heading, but look more closely at an untapped potential and opportunities in communities that are often overlooked by traditional financial institutions.
Colectivo Emprendedor is a mobile pop-up entrepreneur incubator service that travels into low-income neighborhoods, visiting a different location on a recurring schedule, and hosts free public-events educating potential, motivated entrepreneurs about starting and maintaining a business. Colectivo, introduces the entrepreneurs, to potential partners and mentors, and connects them to other businesses within their community. This services provides a platform for people to obtain social capital, in the form of an access to a network, trust, and financial & business education.