weVENTURE at Florida Tech’s Nathan Bisk College of Business received a $25,000 Lighting the Way Award from the SunTrust Foundation this November to help further propel its IGNITE 360® business mentoring program.
IGNITE 360 matches local entrepreneurs directly with advisory boards of mentors that assist clients in managing the changes required for the successful growth of their businesses.
Since its inception, IGNITE 360 has assisted more than 60 businesses, including 24 businesses using the program in 2017. Companies participating in the program see an average of 40 percent revenue growth, and to date, 93 percent of participants have created new jobs for the community.
The Lighting the Way Award was developed by the SunTrust Foundation “to further local nonprofits that help individuals build financial confidence.” weVENTURE was one of 13 Florida-based nonprofits to receive an award this year, and the only in Brevard County.