Revenue-Sustaining, Replicable Program Models
Our Business Elevator Program Model expands access to opportunity for underserved and underrepresented entrepreneurs in the communities where they live and work.
What We Provide
Business Fundamentals
A 16-week program covering skills business owners require including Production, Operations, Marketing, Data, Governance and Administrative, and the Entrepreneurial Mindset.
Access to Real Estate/Capital
Access and connection to a wide network of capital and real estate sources for program and incubation entrepreneurs.
Technical Assistance
Technical assistance in the form of mentor and SME coaches to help program and incubation entrepreneurs overcome the barriers of entrepreneurship
Catalyzing Economies.
Building Community Wealth.
Too often, promising community development efforts are built as one-time solutions—deeply impactful in a single place, but difficult to sustain or replicate elsewhere. The Verite Foundation approaches community transformation differently. From the outset, every program model we develop is designed to be replicable, durable, and financially sustainable, ensuring that impact can extend beyond one neighborhood or one moment in time. By balancing flexibility with proven design, communities are able to implement solutions that respond to local needs without reinventing the wheel.
Some models may incorporate real estate or physical spaces as part of their design, while others focus on different pathways to economic stability and ownership. What unites them is a commitment to sustainability, replication, and long-term impact—creating durable pathways to opportunity, prosperity, and community wealth wherever the models are deployed.
Replicable Design
Every program and project is designed with replicability in mind and can be adapted across communities nationwide.x
Proven Frameworks
Built on NDC's proven four pillar model of economic development that demonstrate measurable community and economic outcomes
Adaptable Solutions
Flexible models that maintain core success principles with providing room to
adapt to each communities specific needs and context.
Revenue-Sustaining
These models are designed to operate in perpetuity, reducing reliance on ongoing grants while generating lasting economic value for communities
About The Program
Verite Foundation's first program model, Business Elevators are integrated systems that combine an Accelerator, an Incubator, and a community-centered Third Space to expand access to opportunity for entrepreneurs. Designed to be replicable and revenue-sustaining, Business Elevators strengthen local economies and support neighborhood revitalization.
Restaurant & Food Business Training Program
An Accelerator
The Restaurant & Food Business Training Program is an Accelerator that expands access to opportunity for aspiring food entrepreneurs. Through a proven four pillar model that includes business education, technical assistance, and network-building, participants gain access to the tools needed to build sustainable businesses.
Provides food entrepreneurs with business education with a 16-week training program, covering skills business owners require, including Data, Production, Marketing, Governance, Administrative, as well as the Entrepreneurial Mindset.
Provides technical assistance from subject matter experts of many kinds to help entrepreneurs overcome the hurdles of entrepreneurship.
Provides access and connection to a wide network of capital and real estate professionals essential to entrepreneurship.
City Market: A Restaurant & Retail Third Space + Business Incubator
Third Space with Incubator
Verite City Markets serve as the place-based component of the Business Elevator model, creating visible economic activity while supporting entrepreneurs and community revitalization. City Markets reimagine underutilized commercial real estate as community infrastructure. A mixed-use third space brings together restaurant and beverage outlets, event spaces, gathering areas and more in one public-facing hub.
As the incubator and third-space component of the Business Elevator model, City Market plays a critical role in sustaining wealth building entrepreneurship opportunities and community revitalization. The earned revenue generated through City Market supports the entire Business Elevator program, reducing reliance on ongoing grants while strengthening long-term viability. In doing so, City Market becomes both a marketplace and a mechanism—anchoring neighborhood revitalization and building community wealth that stays rooted where it is created.
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We’re not just a nonprofit; we’re an economic development engine for disinvested communities.
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