Check out what our vendors had to say at our August 2021 pop-up in Compton!

We are fundraising for our mobile trailer so we can be a literal farmers market on wheels! With our wheels we can support even more black farmers, chefs, and entrepreneurs while creating more food access throughout Los Angeles and beyond.

Did you know that Black women founders received less than 1% of venture capital?

Black women founders are already the LEAST funded entrepreneurs, so imagine the difficulty accessing capital for a black, woman owned, social enterprise in the food industry! This is why we are crowdfunding.

Beyond our reasons, crowdfunding is a great option for businesses for many reasons. Watch our latest “Road To Prosperity” episode to learn more about why we chose to crowdfund, and why it’s a great option for new, small, and minority owned businesses.

This is part 1 of a 3 part episode, so check back for part 2 – Access to Capital, and part 3 – Types of Crowdfunding!

You can support our crowdfund at www.fundblackfounders.com/prosperitymarket.

This episode features Renee King & Joyhdae Albert of Fund Black Founders. Fund Black Founders is a rewards based crowdfunding platform. Visit www.fundblackfounders.com today to start your own crowdfunding journey or support all of the amazing campaigns that are currently live.

Also featuring Kathleen Minogue & Scott Madsen of Crowdfund Better are business experts and advisor for all things crowdfunding and accessing capital. Visit www.fundblackfounders.com to start your own crowdfund journey.

So What’s the problem Prosperity Market is addressing?

At Prosperity Market we operate with so much fun and joy that it might get lost that we are actually addressing several serious problems. We created Prosperity Market to be a solution! We are fighting the cycle of economic disparity and food insecurity in our communities while uplifting marginalized black farmers.

We are raising the remaining funds needed to complete our beautiful, custom trailer that will house all the products from our amazing black farmers and entrepreneurs!

• A mobile trailer means that we can:
• Support more farmers and entrepreneurs
• Bring fresh healthy foods to even more communities
• Have the capacity to operate daily
• Spread more Prosperity fun everywhere

Just imagine the impact WE can have! This means our vendors can sell more, and grow and expand. It preserves jobs, creates jobs, and stimulates our entire local ecosystem.

A Prosperity Market trailer means people won’t have to travel outside their neighborhoods for healthy food anymore. They can have affordable, local options. It just makes sense.

In order to get our mobile farmers market on the road we need YOU. With your contribution, we can complete our custom trailer, expand the reach of our farmers and entrepreneurs, feed entire communities, and so much more.

During quarantine and the social unrest of 2020, we were inspired to create impact. We didn’t know quite what that would look like, but it manifested into Prosperity Market. We found a way to create economic impact and food access for our communities, and fill our hearts in the process.

We where overwhelmed by all the statistics and wanted to find a meaningful solution.

• A dollar stays in the black community for just 6 hours
• Only 2.2% of U.S. employer businesses are black owned
• 41% of black-owned businesses have closed due to Covid
• 23.5 Million people live in communities without grocery stores or alternatives for healthy, affordable food
• 2.6 Million Angelenos struggle with access to healthy, affordable food
• South Los Angeles only has 91 grocery stores for a population of 820,000
• California is the largest agricultural producing state in the country yet Los Angeles has the highest population of food insecure residents
• Black farmers make up less than 2% of farmers in the nation
• Of the 69,000 farms in California, only 429 of them are black owned

And that is what makes a makeup artist and a fashion designer start a farmers market!

In this episode we visit LA Stainless Kings to make a payment on our trailer! Also mentioned in this episode is the JLH Social Impact Fund, Fund Black Founders, and Crowdfund Better.

We received a grant from the JLH Social Impact Fund, created by Jrue & Lauren Holiday to support black entrepreneurs and change makers. What’s so special about JLH is that they truly set us up for success. Along with their generous financial contribution they also provided mentorship and support to 50 businesses and nonprofits through 2 incredible companies. https://www.jlhfund.org/

Fund Black Founders is a platform for black entrepreneurs to raise money for their business. Crowdfund Better is an organization that helps entrepreneurs prepare to raise money non-traditionally through crowdfunding. https://www.fundblackfounders.com/ https://www.crowdfundbetter.com/