Black-Owned Female Empowerment Business Wins $50,000 Investment

Girls Auto Clinic among top recipients at Angel Capital Expo

Patrice Banks (Image: Banks)
Patrice Banks (Image: Banks)

With access to capital hard to come by for small black business owners, Patrice Banks is the proud recipient of a $50,000 prize from Keiretsu Forum Mid-Atlantic (K4-MA). The cornerstone of the Keiretsu Forum angel investment network recently announced the winners of its third annual Angel Capital Expo.

Girls Auto Clinic is a female-empowerment business, owned and operated by Banks, who is an engineer and technician. The big winner of the coveted $100,000 investment from K4-MA was Tassl, a college-centric social network application for smartphones.

[Related: Girls Auto Inc: Educating And Empowering Women One Car At A Time]

Of the $50,000 investment, $25,000 is an investment from the founders of K4-MA, with $25,000 of which being services in kind from Keiretsu Forum sponsors Drucker & Scaccetti and BakerHostetler. Keiretsu Forum is a global angel investor network with more than 1500 accredited investor members throughout 39 chapters on three continents (accredited investors are individuals who earn at least $200,000 annually and have $1 million net worth). Keiretsu Forum Mid-Atlantic consists of four chapters that function as a single entity – Philadelphia,  Washington, D.C. Metro, Pittsburgh, Pennsylvania, and New York.

Girls Auto Clinic is an organization dedicated to changing the perception of women in the automotive industry through both education and niche marketing. Roughly less than 2% of mechanics and auto technicians are women. Through Banks’ entrepreneurial efforts, Girls Auto Clinic has been able to support the role of women in the automotive environment through trust, education and, ultimately, inclusion by changing the way men look at their female counterparts; both for the better and for all time.

Banks was tired of being a victim of sexist discrimination with auto repairs. She took that frustration and turned it into a business venture. After seeing the glaring neglect of women working in the automotive industry, she made it her personal mission to empower and educate other women car owners with her knowledge. In 2012, she decided to enroll herself in classes to become a certified mechanic. She did so while still juggling her full-time job as an engineer for a year and a half.

For more information about the Girls Auto Clinic, click here.


28 Responses to Black-Owned Female Empowerment Business Wins $50,000 Investment

  1. Pingback: Black-Owned Female Empowerment Business Wins $50,000 Investment | TOUCH 106.1 FM | BOSTON, MA

  2. Pingback: Black-Owned Female Empowerment Business Wins $50,000 Investment |

  3. Pingback: Niche Market For Small Business | Work for a Franchise

  4. Pingback: Small Business Entity Annual Turnover | Work for a Franchise

  5. Pingback: An Analysis Of Small Business And Jobs | Directory of Franchises

  6. Pingback: Jobs In Investment Banks In Pune | diamond - bank loans

  7. Pingback: And Women Owned Small Business | Locate your franchise

  8. Pingback: Small Business Owned Certification | Work for a Franchise

  9. Pingback: Black Owned Banks In Philadelphia | bankingfees

  10. Pingback: Ceasing To Be A Small Business Entity | Finding your franchise

  11. Pingback: Annual Investment Allowance 2012 Small Business | Setting up a franchise

  12. Pingback: Angel Funding For Small Business | Franchise Index

  13. Pingback: How To Become A Certified Women Owned Small Business | All you need to know about franchises

  14. Pingback: Black Enterprise Small Business | Money in franchise

  15. Pingback: Annual Investment Allowance 2012 Small Business | Search Franchises

  16. Pingback: Small Business Classes Philadelphia | Work from home Franchises

  17. Pingback: Lausd Small Business Enterprise Certification Application | New Franchise Reviews

  18. Pingback: Become Certified Woman Owned Small Business | Franchising all over the world

  19. Pingback: Pittsburgh Pa Veterinary Technician Jobs | hospitals - best veterinary clinics

  20. Pingback: Small Business Capital Allowances 2012 | The Franchise Guide

  21. Pingback: Eskom Small Business Expo 2012 | Find Franchise Index

  22. Pingback: Small Business Networking Forum | Finding your franchise

  23. Pingback: Angel Investor Small Business | Work from home Franchises

  24. Pingback: Becoming A Certified Woman Owned Small Business | Top Franchise Options

  25. Pingback: Black Owned Banks In Nyc | bankingsecrets

  26. Pingback: Keiretsu Forum New York | subway - newyork transportation

  27. Pingback: Black Owned Banks In Nyc | silver - creditcardawards

  28. Pingback: Black Owned Banks In Philadelphia | inflation - low interest loans

Leave a Reply

Your email address will not be published. Required fields are marked *