Entrepreneur Charles Wilson is a success by any standard—educated, served his country, started a successful business and was recognized by The Philadelphia Tribune as one of, “Philadelphia’s Top 10 Most Influential African-Americans to Watch Under the Age of 40.”
In 2008, Wilson started a non-profit called the Legacy Initiative and co-created a curriculum, Legacy Nexus Program Critical Thinking and Behavior Change, to teach leadership and responsibility skills. Since its inception this non-profit has taught more than 4,000 youth throughout the United States but Wilson wanted to do more so in 2014 he founded CW Consulting, a management consulting firm within the manufacturing/energy industry.
Two years later in 2016 he decided to launch the second phase of CW Consulting— an initiative to pipeline diverse and disadvantaged young people to post-secondary institutions. The goal? To eradicate poverty by training and preparing their students to enter and excel in the energy and manufacturing fields.
Yet, despite this and $450,000 in contracts, Wilson could not find a traditional lender willing to fund the growth and diversification of his business. He lacked collateral and the new business line had lenders evaluating the business as a start-up.
Then, Wilson found Connect2Capital, who was able to look beyond at his full story and found a determined businessman who had overcome adversity, was successful, and had a passion for making a difference in the world. He received a $185,000 small business loan to help fund his growth and add a new business line.