The Business of S.T.E.M. – iBuyBlack.org Radio Show Sunday 7/22/2018 (6 pm – 7 pm)

Posted on Posted in Uncategorized

The Business of S.T.E.M.
Science, Technology Engineering &

  • Introductions

 

      • Joel Wilson
      • Ryan McCrary

 

  • Business –  #3 “profit-seeking enterprise or concern.”

 

      • S.T.E.M. – Science, Technology, Engineering and Math
        • S.T.E.A.M. – STEM + Arts
      • Economy – #3 “the management of the resources of a community, country, etc., especially with a view to its productivity.”
      • Supply and Demand – Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Read more: Law of Supply and Demand: Basic Economics

 

  • The Demand of S.T.E.M.

 

      • Youtube.com “lebron james stem”
      • Engineers are expected to make an average of $64,891 right out of school in 2016—a 3% increase over their projected earnings in 2015. Computer science majors, who are expected to take home $61,321, rank as a close second. Math and science majors trail slightly with an average starting salary of $55,087.http://time.com/money/4189471/stem-graduates-highest-starting-salaries/
      • Estimate STEM Salaries for 4 Million = $220 Billion Total Salary
      • Extrapolate = 10X Revenue generated from salaries = $2.2 Trillion
        • We need to create business to capture as much of the $2.2 Trillion Market Share as possible
      • Schools & Programs to Develop S.T.E.M. professionals from Black Community
        • The more we own and control STEM program in our community greater impact on our community (recycling dollars in employment, vendor spend, infrastructure spend)
      • TechCORE2.org
        • Mission – To Develop a Technology Pipeline Program for Urban Youth from Kindergarten-to-College-to-Career Entry

 

  • Summer 2018 Internships

 

        • (6) College Student Interns (4 Comp Sci, 2 Bio-Med Engineering / (1) Temple, (2) CCP, (1) Lincoln University, (2) Drexel / (3) African-American Females, (1) African American Male, (1) Mexican, (1) White Male)
        • Funding Slots for 15 H.S. Students / only 8 are enrolled…
    • Access to Trade Unions – First Builders Enriching Communities
      • James P. Thompson, Founder & Chief Operating Officer (215) 768-7032
    • GRANT Opps

Leave a Reply

Your email address will not be published.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