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Retail Lab

Retail Lab Accepting Applications Deadline July 13

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The Downtown Dayton Partnership (DDP), along with its small business development partners, is inviting business owners to apply to the Retail Lab small business accelerator program, presented by Fifth Third Bank. Launched in 2020, the Retail Lab is an intensive 12-week experience for business owners aiming to launch or grow their first-floor business in downtown Dayton. Applications will be accepted through July 13.

The Retail Lab has two main goals: To continue energizing downtown with vibrant storefronts, and provide a supportive pathway into the downtown market for emerging first-floor entrepreneurs, especially women-owned and minority-owned businesses.

“We’re very pleased at the results this program has produced so far in its first four cohorts,” said Sandra K. Gudorf, president of the DDP. “With these new mixed-use spaces emerging, there is an opportunity to take new business ideas and budding entrepreneurs and show them the support network available in our community to grow or launch their own commercial ventures.”

Kia Wilson of Me’ Yanna Berry Co.

The Retail Lab will provide a series of workshops, focused one-on-one sessions and a public speaking event that connects the participating businesses to people, ideas, capital and resources to help them thrive and grow in downtown Dayton. Weekly workshops will include facilitated instruction and work sessions with mentors, and the program will culminate with a pitch competition.

Eligible businesses include boutiques, shops, cafes, galleries and restaurants – any consumer business that adds to the vibrancy of downtown’s sidewalks. Applicants should either be located in downtown Dayton or aiming to launch downtown in the next 6 to 12 months. Ideal applicants will have had a year or so of sales online and/or pop-up events. Interested small business owners can find more information, including the program application, at DowntownDayton.org/retail-lab. Applications for the Downtown Dayton Retail Lab will be accepted through July 13, with classes slated to begin in August. Workshops will be held in person at the DDP office at 10 W. Second St.

Owners Keon McCarroll and Shanti Sancho at the April ribbon cutting for Sole Touchers

“Since the launch of the program in 2020, the Retail Lab has graduated 37 people through the program,” said Val Beerbower, director of first-floor development and business marketing with the DDP and coordinator of the Retail Lab program. “We’re especially proud of the fact that 35 of those 37 businesses are woman-owned, and/or minority-owned businesses. We plan to continue efforts to create equitable economic opportunities through programs like the Retail Lab.”

Participation in the 12-week program is provided at no cost, and in addition to the support businesses receive through the workshops, each participant is eligible for up to $2,500 in professional services from creative, legal, and financial firms to advance their business.

 

Deadline Approaching for Entrepreneurs to Apply to Retail Lab

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The Downtown Dayton Partnership (DDP), along with its small business development partners, is inviting business owners to apply to the third session of the Downtown Dayton Retail Lab small business accelerator program. The Retail Lab is an intensive 12-week experience for business owners aiming to launch or grow their first-floor business in downtown Dayton. Applications will be accepted through July 22.

The Retail Lab has two main goals: To continue energizing downtown with vibrant storefronts, and to provide a supportive pathway into the downtown market for emerging first-floor entrepreneurs, especially woman-owned and minority-owned businesses.  The Downtown Dayton Retail Lab will provide a series of workshops, pitch opportunities, and services that connect the participating businesses to the people, ideas, capital, and resources that will help them thrive and grow in downtown Dayton. Weekly workshops will be held downtown.

Eligible businesses include boutiques, shops, cafes, studios, and restaurants – any consumer business that adds to the vibrancy of downtown’s sidewalks. Applicants should either be located in downtown Dayton or aiming to launch downtown in the next 6 to 12 months. Interested small business owners can find more information, including the program application, at DowntownDayton.org/retail-lab. Applications for the Downtown Dayton Retail Lab will be accepted through July 22, with the program slated to begin in August.

 

The Retail Lab leverages support from many business resource partners including the Entrepreneurs’ Center, the Miami Valley Small Business Development Center, Five Rivers MetroParks – 2nd Street Market, Launch Dayton, and The Hub at the Dayton Arcade. “Building a successful business is full of challenges, but the Retail Lab equips participants with a network of peers and resources who can help them move forward faster,” said AJ Ferguson, director for entrepreneurship and innovation with the DDP and coordinator of the Retail Lab program.  “The Retail Lab was an amazing experience. Not only did I learn about areas of improvement for my business but I was able to make connections with fellow business owners,” said Lindsey Deck, a previous Retail Lab participant and owner of Space Three fitness studio in downtown Dayton.

 

Participation in the 12 week program is provided at no cost, and in addition to the support businesses receive through the workshops, each participant is eligible for up to $1,500 in services from creative, marketing, and operations consultants to implement a strategic improvement in their business.

July 2021 | Application & Selection Process
Deadline to apply: Thursday, July 22, 2021 at 11:59pm
August – October 2021 | Weekly Workshops (tentatively Tuesdays from 9am to 11am)
November – January 2021 | Capstone Project with Service Provider Support
February 2022 | Demo Day Presentations

Questions about the Retail Lab should be directed to AJ Ferguson, ferguson@downtowndayton.org, or call (937) 681-9793.

 

Downtown Dayton Retail Lab Accepting Applications

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After a successful first-round of the Retail Lab small business accelerator program, The Downtown Dayton Partnership (DDP), along with its small business development partners, is inviting business owners to apply to the second session of the program. The Retail Lab is an intensive 12-week experience for business owners aiming to launch or grow their first-floor business in downtown Dayton, and applications will be accepted through February 3.

 

The Retail Lab has two main goals: To continue energizing downtown with vibrant storefronts, and provide a supportive pathway into the downtown market for emerging first-floor entrepreneurs, especially women-owned and minority-owned businesses.

“As we emerge from the pandemic and the impacts of the economic shutdown, there is an opportunity to take new business ideas and budding entrepreneurs and show them the support network available in our community to grow or launch their own commercial ventures,” said Sandra K. Gudorf, president of the DDP.

 

The Downtown Dayton Retail Lab will provide a series of workshops, pitch events, and pilot opportunities that connect the participating businesses to the people, ideas, capital, and resources that will help them thrive and grow in downtown Dayton. Weekly workshops will be held virtually and include facilitated instruction, work sessions with mentors, and occasional in-person activities with appropriate health precautions.

Eligible businesses include boutiques, shops, cafes, studios, and restaurants – any consumer business that adds to the vibrancy of downtown’s sidewalks. Applicants should either be located in downtown Dayton or aiming to launch downtown in the next 6 to 12 months. Interested small business owners can find more information, including the program application, at DowntownDayton.org/retail-lab. Applications for the Downtown Dayton Retail Lab will be accepted through February 3, with the program slated to begin later in February.

 

The Retail Lab leverages support from many business resource partners including The Entrepreneurs Center, the Miami Valley Small Business Development Center, Five Rivers MetroParks – 2nd Street Market, Launch Dayton, and The Hub at the Dayton Arcade.

“In 2020, the first cohort of 11 Retail Lab participants experienced how a community of entrepreneurs and resources can take an initial business plan to the next level of success, and we look forward to providing that same opportunity to a new group of Dayton entrepreneurs,” said AJ Ferguson, project manager with the DDP and coordinator of the Retail Lab program.

“The Retail Lab experience has given our business the necessary tools to make sure we are set up to succeed, and the opportunity to work with other businesses and collaborate on ways we can support each other,” said Vanessa Llyod, a previous Retail Lab participant and owner of A+ Cleaners in downtown Dayton.

 

Participation in the 12 week program is provided at no cost, and in addition to the support businesses receive through the workshops, each participant is eligible for up to $2,500 in professional services from creative, legal, and financial firms to advance their business.

 

Questions about the Retail Lab should be directed to AJ Ferguson, ferguson@downtowndayton.org, or call (937) 681-9793.

 

Downtown Dayton Retail Lab Welcomes First Cohort

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The Downtown Dayton Partnership (DDP), along with its small business development partners, launched its first session of the Downtown Dayton Retail Lab this week with a group of 11 small business owners.

 

For this 12-week program, the group of entrepreneurs were chosen out of a pool of 36 applicants to participate in a series of weekly workshops to launch and strengthen their first-floor businesses. The cohort of chosen entrepreneurs and businesses include:

 

“To launch and run a small business takes resiliency and determination and the goal of the Retail Lab is to give these business owners the support they need to take their ideas to a new level,” said Sandra K. Gudorf, president of the DDP. “The energy of the small business community is what makes our downtown shine and attracts shoppers, diners, adventurers and more to the heart of our city.”

The Retail Lab has two main goals: continue energizing downtown with vibrant storefronts and unique restaurants, and provide a supportive pathway into the downtown market for emerging first-floor entrepreneurs. In the selection process to choose the first cohort out of 36 applications, the committee was pleased with the number of woman- and minority-owned businesses who applied. Some of the chosen businesses already have brick-and-mortar storefronts in downtown Dayton, and others are just launching their enterprises. All wanted to be a part of this program to learn and grow from a network of other businesswomen and industry professionals.

Over the coming months, the Downtown Dayton Retail Lab will lead the cohort through a series of workshops, experiences, and pilot opportunities that connect the business owners to the people, ideas, capital, and resources that will help them thrive and grow in downtown Dayton. The Retail Lab leverages support from many business resource partners including The Entrepreneurs Center, the Miami Valley Small Business Development Center, Five Rivers MetroParks – 2nd Street Market, Launch Dayton, CityWide Development, and The Hub at the Dayton Arcade.

Questions about the Retail Lab should be directed to AJ Ferguson, ferguson@downtowndayton.org, or call (937) 681-9793.

 

Downtown Dayton Retail Lab Now Accepting Applications

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The Downtown Dayton Partnership (DDP), along with its small business development partners, is inviting business owners to apply to the first session of the Downtown Dayton Retail Lab, an intensive 12-week experience for business owners aiming to launch or grow their first-floor business in downtown Dayton.

 

The Retail Lab has two main goals: Continue energizing downtown with vibrant storefronts and unique restaurants, and provide a supportive pathway into the downtown market for emerging first-floor entrepreneurs, especially women-owned and minority-owned businesses.

“The small businesses that line our streets and sidewalks provide the amenities that make downtown so attractive to residents, visitors, and employers,” said Sandra K. Gudorf, president of the DDP. “We are excited to offer the Retail Lab to support and accelerate these businesses as they emerge from the economic shutdown.”

Each round of the Downtown Dayton Retail Lab will provide a series of workshops, pitch events, and pilot opportunities that connect the participating businesses to the people, ideas, capital, and resources that will help them thrive and grow in downtown Dayton. Workshops will generally be held virtually and include facilitated instruction, work sessions with mentors, and occasional in-person activities with appropriate health precautions.

Eligible businesses include boutiques, shops, cafes, studios, and restaurants – any consumer business that adds to the vibrancy of downtown’s sidewalks. Applicants should either be located in downtown Dayton or aiming to launch downtown in the next 6 to 12 months. Interested small business owners can find more information, including the program application, at DowntownDayton.org/retail-lab. Applications for the Downtown Dayton Retail Lab will be accepted through July 14, with the program slated to begin in August.

 

The Retail Lab leverages support from many business resource partners including The Entrepreneurs Center, the Miami Valley Small Business Development Center, Five Rivers MetroParks – 2nd Street Market, Launch Dayton, CityWide Development, and The Hub at the Dayton Arcade.

 

“Our community has an exceptional network of resources and mentors who are ready to help business owners succeed,” said AJ Ferguson, project manager with the DDP and coordinator of the Retail Lab program. “The Retail Lab assembles them into a course that will challenge business owners to make a substantial push to improve or launch their downtown store.”

 

The Retail Lab is offered at no cost for these small businesses. In addition to the support businesses receive through the workshops, each participant is eligible for up to $2,500 in professional services from creative, legal, and financial firms to advance their business.

 

Questions about the Retail Lab should be directed to AJ Ferguson, fer,guson@downtowndayton.org or call (937) 681-9793.