Flyte

Flyte was founded in 2017 with a mission to empower entrepreneurs and families with the skills and resources they need to overcome systemic financial inequities. We ensure Black women owned businesses from low and moderate-income households have targeted support to prepare for, and connect with, capital that will provide them with the support and terms they need to succeed.

Flyte has facilitated over 20 different programs of varying size and scope, we have helped over 1,200 people from majority Black, Indigenous, Persons of Color (BIPOC) communities access financial education resources. In March 2021 we launched a full-scale pilot of our 12-month Entrepreneur Empowerment Program, which worked with 30 local early-stage entrepreneurs, the majority of whom were BIPOC women with children. The aim of this program was to ensure that all the participants were in the strongest position possible to access capital after 12 months. We are launching our fifth cycle of our program in June 2025 with 120 small businesses in Southeast Louisiana. We hope to replicate the successes below on this program.

- Over 90% of participants report feeling more confident in their ability to manage their business finances;
- 100% of participants are aware of the issues affecting their personal credit and are addressing them;
- 100% of participants see their personal credit scores improve by 20+ points;
- 100% of businesses are incorporated, licensed and banked after the first three months vs 50% at start;
- 100% of businesses are able to produce accurate financial statements

Testimonials

Speaking to a financial planner helped me to better understand my credit and start to do
the work to fix it. Learning which debt to pay off first has also been helpful. Being intentional
in my personal finances will impact my business finances. - KENYA CAMPBELL

Flyte has been great at referring resources to me, as needed. His help has been
consistently thoughtful and much appreciated! - NICOLE LADIA MINGLEDORF

Flyte was able to connect me with strategists, free of charge, that are helping me to
flesh out the current business and my plans for its future. - SHAUN WILLIAMS