Established in 2006 by 抖阴pro Chaifetz School alumnus Doug Brown '66, Habitat for Neighborhood Business is a nonprofit organization that partners with volunteers from the school and the local business community to help restore economic vitality to disadvantaged St. Louis neighborhoods.
The HNB program at SLU serves 53 minority entrepreneurs who own businesses in north St. Louis City. The nonprofit provides small-business assistance like mentoring on start-up logistics and connections to small business loan programming, an advisory board, and access to a thriving network of aspiring minority entrepreneurs. HNB works with volunteers and entrepreneurs to return retail and service businesses to struggling urban neighborhoods.
Recent Partnership Work
The umbrella Habitat for Neighborhood Business organization initiated several program components in 2023. Many of these initiatives include collaboration with the Chaifetz School of Business, including:
Revamped Student-Entrepreneur Collaboration with Service Leadership
Undergraduate Service Leadership students from the Chaifetz School are paired with
HNB entrepreneurs to study their assigned businesses. This program was extended to
a two-semester commitment in 2023. The student teams provide recommendations for projects
to move each business forward. HNB entrepreneurs receive a grant to implement the
student鈥檚 recommendations through the Steven N. Frank Family Award Fund.
Business Model Course
In partnership with the Center for Entrepreneurship, CCE Program Manager Hayley Johnston taught the Business Model Canvas course to six HNB entrepreneurs during the fall of 2023. The course will continue to be offered in 2024 for HNB entrepreneurs. Completing the course and joining a mentor forum allows entrepreneurs to access the executive participation level benefits of the HNB program.
Global Grad Scholars Online Course Development
Graduate students in the Global Grad Scholars program have completed an online Business Model Canvas course developed for HNB entrepreneurs in collaboration with Abhimanyu Gupta, Ph.D. in the Emerson Leadership Institute. The course was completed in December 2023.
Student Support
Six undergraduate Service Leadership business students and one graduate business student assisted the HNB program staff and the HNB entrepreneurs in 2023. The students assisted with newsletters, surveys, projects for the HNB entrepreneurs, and organized the HNB Mentor Forums and contacted the speakers invited to meet with the entrepreneurs.
Overall in 2023, 31 undergraduate and graduate business students provided service to the Habitat for Neighborhood Business program.