Accelerator Programs

PITTSBURGH

Emerging Developer Accelerator

Learn how to identify, acquire, renovate, and manage properties to revitalize neighborhoods and build generational wealth.

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PITTSBURGH

Emerging Contractor Accelerator

Learn how to identify, bid, win, and manage large-scale construction projects that take your business to higher levels of profitability.

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ERIE

Emerging Contractor Accelerator

Learn how to identify, bid, win, and manage large-scale construction projects that take your business to higher levels of profitability.

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BID-at-a-Glance

Learn more about who BID serves, what BID does, and the impact it’s having by advancing more inclusive real estate development.

BID aims to alleviate challenges associated with the bidding process for contractors and acquiring real estate for developers. It offers accelerator programs for emerging contractors and real estate developers to deepen their knowledge and build their networks as a cohort. Seminars with industry professionals provide expertise on how to locate, secure, and maximize quality opportunities. BID guides and supports Black-owned businesses in acquiring and activating properties to foster generational wealth while building equity in communities.

Who BID Serves

Emerging Black-owned Contracting and Construction Businesses

BID aims to provide emerging Black-owned contracting and construction businesses with two primary forms of support.

  • Project access and management support that improves preparation for, access to, and success achieved with large-scale construction projects.
  • Strengthen business fundamentals and practices to achieve greater benefits from and access to large-scale construction projects.

Emerging Black-owned Real Estate Development Businesses

BID aims to provide emerging Black-owned real estate development businesses with two primary forms of support.

  • Property acquisition and activation support that improves the ability to identify, evaluate, finance, purchase, renovate, manage, and generate revenue from real estate development opportunities knowledgeably and confidently.
  • Strengthen business fundamentals and practices to lead successful real estate development opportunities that deepen equity in Black communities and beyond while building generational wealth.

What BID Does

Mastering the Trade of Entrepreneurship

BID offers Black-owned contracting and construction businesses access to a range of tools.

  • Hours of business assistance and coaching
  • Investments in supportive services (legal, marketing, financial, and more)
  • Project opportunities to expand capabilities and confidence
  • Revenue generated from project participation
  • Capital to pursue project opportunities and business growth
  • Participation in supportive cohorts of similar businesses

Removing Barriers to Real Estate

BID offers Black-owned real estate developers access to a range of tools.

  • Hours of business assistance and coaching
  • Investments in supportive services (legal, marketing, financial, and more)
  • Guidance with property acquisition and activation
  • Capital to property acquisition and activation
  • Participation in supportive cohorts of similar businesses

BID's Impact

Projects as Catalysts for Growth

Through participation in BID, Black-owned contracting and construction businesses will have the knowledge and tools to grow from emerging to established businesses.

  • Increased revenue and profitability
  • Expansion of workforce and back-office support
  • More robust business practices and foundations
  • Confidence in operations and prospects for success
  • Successful project engagement and networks of support

Properties as Catalysts for Growth

Through participation in BID, Black-owned real estate development businesses will have the knowledge and tools to grow from emerging to established businesses.

  • Increased revenue and profitability
  • Ownership and equity in communities increases
  • Expansion of back-office support
  • More robust business practices and foundations
  • Confidence in operations and prospects for success
  • Successful portfolio of properties and networks of support

Wilco Construction

Darrell Williams, Owner of Wilco Construction, has made significant financial strides utilizing business coaching, consulting, and networking. Williams learned the accounting software QuickBooks to manage finances, developed a marketing plan, and worked with McKibbin Consulting on his bid strategy. Building his networks helped Williams broker more connections in the local construction industry and increased Wilco Construction’s revenue by 294%.

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