Center for Black Innovation
- Company typePrivate
- Founded2012
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Center for Black Innovation firmographics
Firmographics- Name
- Center for Black Innovation
- Legal name
- Center For Black Innovation
- Website
- https://cfbi.org
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Center for Black Innovation industry classification
Industry- Product category
- Entrepreneurship Support and Innovation Ecosystem Services
- NAICS
- Business Schools and Computer and Management Training (6114), Educational Services (611)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Youth Business Incubators & Accelerators (EDAMAHAC)
- akta.pro secondary industries
- Entrepreneurship, Innovation & Venture Creation Centers (EDAHAHAH), Small Business & Entrepreneurship Community Education (EDAAAFAK), Career Exploration & Industry Exposure (Guest Speakers, Company Visits) (EDAMAHAJ)
Keywords
Where Center for Black Innovation is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Center for Black Innovation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others
Revenue model
- Program Services: The organization offers accelerator, investor education, and business development programs free of charge. No equity is taken from startup participants.
- Space Rental: Coworking and event spaces available for booking through Peerspace platform. Revenue generated from renting out meeting rooms, conference spaces, outdoor garden, and media production facilities.
- Sponsorships: Corporate and organizational sponsors support programs and operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Accelerator Program - Free participation, no equity taken |
| Usage-based | Pay-as-you-go | Space Rental - Hourly/daily rates |
| One time/ perpetual license | Pay-as-you-go | Event Tickets - Variable pricing by event type |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Center for Black Innovation product offering
Product offeringCore offering
The Center for Black Innovation is a think tank and Black innovation ecosystem builder that delivers entrepreneurship, investor, and youth education programs alongside a physical coworking and event space in Miami. Its flagship offerings include the VCIR Accelerator Program (8-week virtual founder accelerator with no equity taken), the Angel Accreditation Academy and VCIR Investor Academy (angel investing education for HNW Black individuals), the Black Business Development Program (business infrastructure and capital access support), youth STEM programs (Cyber Warrior Program, Youth Virtual Tutoring), CFBI Stories (digital content initiative), and a multi-use facility with coworking, conference rooms, outdoor garden, and a green screen media production room available for booking.
Product overview
The Center for Black Innovation operates as a think tank and innovation ecosystem organization rather than a traditional product company. Its portfolio consists of programs and services organized around five pillars: Innovation, Economic and Social Mobility, Business Development, Education, and Family and Community. The core offerings include the VCIR Accelerator Program (an 8-week online accelerator for Black founders), the Angel Accreditation Academy (angel investing education), the Investor Academy (capital pathway development), the Black Business Development Program (entrepreneurship support), and CFBI Stories (digital skills content for Black entrepreneurs). Additionally, CFBI provides physical facilities including coworking space, conference rooms, a media production room with green screen capabilities, and multi-use classrooms. Youth-focused programs include the Cyber Warrior Program and Youth Virtual Tutoring. The organization previously operated as Code Fever Miami and has trained over 4,000 students through its educational programs.
Differentiator
Problem solved
Functional benefit
Brands
- VCIR Accelerator: Startup accelerator program that guides entrepreneurs through pathways to capital, helping Black founders prepare their ventures for investment.
- Angel Accreditation Academy
- VCIR Investor Academy
Products and services
- VCIR Accelerator Program An 8-week online accelerator program that transforms early-stage Black founders into investor-ready ventures through digital real estate creation, market strategy expansion, pitch deck development, and business foundation building. Participation is free and no equity is taken from participating startups.
- Angel Accreditation Academy A comprehensive angel investing education program for high-net-worth Black individuals, covering the fundamentals of angel investing, risks, due diligence, valuation, and term sheets, and connecting participants with investment opportunities. Delivered as a hybrid in-person and virtual cohort.
- VCIR Investor Academy A program that fosters equitable capital pathways by sourcing potential Black investors and providing insights and practical tips for navigating early-stage investments and fund building.
- Black Business Development Program A comprehensive program providing Black entrepreneurs with business infrastructure education, access to capital facilitation, knowledge-sharing, mentorship, and consultancy services to increase Black-owned business success.
- Coworking and Event Space A multi-use physical workspace facility in Miami's Historic Overtown neighborhood, including semi-private coworking areas, private conference rooms, an outdoor garden event space, a media production room with green screen capabilities, and multi-use classrooms. Available for booking on an hourly/daily basis through the Peerspace platform.
- CFBI Stories An initiative that interviews and shares stories of Black entrepreneurs and small business owners nationwide, providing digital skills content for economic and technical growth through social media, print media, and technology education.
- Cyber Warrior Program A technology and cybersecurity training program for youth, focused on digital literacy and STEM education for young people from Black and minority communities.
- Youth Virtual Tutoring Academic support services combining digital and socially distant learning for middle and high school students, with tutoring and technology education components.
Quantifiable outcome
- 4000+ students reached through educational programs
- +1 more outcomes
Companies that use Center for Black Innovation
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Center for Black Innovation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Center for Black Innovation partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, minor and moderate.
- NBCUniversalcorePartnership with NBCUniversal in 2017 to build a platform for the Grinch Movie video game that introduced over 3 million students and educators to their first lesson in computer programming.
- Miami Workers CenterminorCommunity partner organization focused on building power and self-determination of oppressed people in South Florida, serving Black and brown women workers, tenants, and families.
- 100 Black Men of South FloridaminorMentorship organization of men in business, industry, public affairs, government and professions working to improve quality of life for African-Americans through mentorship.
- Black Men Talk TechminorHub connecting Black tech founders with investors, major corporations, other entrepreneurs, and relevant market practitioners.
- Black Women Talk TechminorCommunity specifically for Black women tech entrepreneurs to create visibility and investment opportunities.
- Girl Power RocksminorYouth empowerment organization providing programs and activities for young girls to become healthy, smart, strong and active.
- Miami Dade Public LibrarymoderatePartnership with Miami Dade Public Library for Overtown Literacy Day event celebrating Black Children's Book Week and Black History Month.
- Miami Bayside FoundationmoderateProvides services for minority business owners including loan programs. Presented at Black Business Development Conference on business credit.
- Roane Consulting GroupminorManaging director Melvin Roane presented on team building and leadership at Black Business Development Conference.
- InviziominorCEO Kevin Michael presented on digital business tools at Black Business Development Conference.
- Florida International University (FIU)moderateFIU Smart Growth Accelerator Six-Week Cohort sessions hosted at CFBI location, providing startup education in partnership with FIU.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Center for Black Innovation competitors and assessment
Company assessmentBroad incumbents
- Village Capital: Impact-focused accelerator operating across multiple geographies and themes; overlaps with CFBI on accelerator methodology and capital-access mission but serves a wider demographic.
- Echoing Green: Long-established social impact fellowship and leadership organization supporting emerging leaders; broader scope but overlapping mission of building Black innovation and economic mobility.
Direct peers
- Founder Gym: Training program preparing underrepresented founders to raise venture capital; comparable training/education-led approach to CFBI's VCIR Accelerator and investor prep curriculum.
- Code2040: Organization activating, training, and connecting Black and Latino tech talent and founders; comparable programmatic, educational, and career-exposure model to CFBI's youth and founder programming.
- NewMe Accelerator: Accelerator and community focused on Black and minority founders, providing mentorship, capital access, and programming directly comparable to CFBI's VCIR Accelerator and ecosystem-building model.
- SoGal Ventures: Global community and venture fund for diverse founders and investors with chapters in multiple cities; directly comparable founder+investor ecosystem-building model.
- Black Women Talk Tech: Community specifically for Black women tech entrepreneurs building visibility and investment pathways; directly adjacent programming and target founder segment to CFBI.
- Black Men Talk Tech: Community and hub connecting Black tech founders with investors, corporations, and peers; overlapping audience with CFBI and an active CFBI GTM/marketing partner.
- Concrete Rose Coalition: Accelerator and pre-seed fund for Black, Indigenous, and Latinx founders; highly comparable mission, capital-access focus, and accelerator cohort model to CFBI.
Emerging players
- The Plug / Plug In Ventures: Black tech ecosystem media platform and deal network that has extended into founder support; overlapping audience and capital-pathway thesis with CFBI's investor academy work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Center for Black Innovation social profiles
Digital presenceCenter for Black Innovation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Center for Black Innovation leadership team
Management profileNumber of profiles
Profiles9 records
Center for Black Innovation funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Center for Black Innovation M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Center for Black Innovation
What does Center for Black Innovation do?
The Center for Black Innovation is a think tank and Black innovation ecosystem builder that delivers entrepreneurship, investor, and youth education programs alongside a physical coworking and event space in Miami. Its flagship offerings include the VCIR Accelerator Program (8-week virtual founder accelerator with no equity taken), the Angel Accreditation Academy and VCIR Investor Academy (angel investing education for HNW Black individuals), the Black Business Development Program (business infrastructure and capital access support), youth STEM programs (Cyber Warrior Program, Youth Virtual Tutoring), CFBI Stories (digital content initiative), and a multi-use facility with coworking, conference rooms, outdoor garden, and a green screen media production room available for booking.
Is Center for Black Innovation a public or private company?
Center for Black Innovation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Center for Black Innovation founded?
Center for Black Innovation was founded in 2012. It employs 1 to 10 people.
Where is Center for Black Innovation based?
Center for Black Innovation is headquartered in Miami, United States, in the North America region.
How does Center for Black Innovation make money?
Three revenue lines are on record. Program Services are the primary driver. The others are space Rental and sponsorships.
Who are Center for Black Innovation's main competitors?
Broad incumbents on record are Village Capital and Echoing Green. Direct peers are Founder Gym, Code2040, NewMe Accelerator, SoGal Ventures, Black Women Talk Tech, Black Men Talk Tech and Concrete Rose Coalition. The Plug / Plug In Ventures is listed as an emerging player.
Does Center for Black Innovation have an API?
No public API is recorded for Center for Black Innovation.
What industry is Center for Black Innovation in?
Center for Black Innovation's product category is Entrepreneurship Support and Innovation Ecosystem Services. Its primary akta.pro industry code is EDAMAHAC, Youth Business Incubators & Accelerators, with a secondary code of EDAHAHAH, Entrepreneurship, Innovation & Venture Creation Centers. Its NAICS code is 6114 and its SIC code is 8200.