GiveMePower Profile
GiveMePower Corporation (Givemepower) operates and manages a portfolio of real estate and financial services assets and operations to enable black persons in the United States through financial tools and resources.
Givemepower primarily focuses on creating and empowering local black businesses in urban America; and creating real estate properties and businesses in opportunity zones and other distressed neighborhood across America.
The company’s fundraising effort represents the commencement of the Banking and financial services division of its business. The company’s current fundraising effort will enable GMPW to become a financial technology company (FINTEC) business that one-to-four branch federally licensed bank in each jurisdiction, a machine learning (ML) and artificial intelligence (AI) enabled loan and insurance underwriting platform, blockchain-powered transaction processing and payment systems, cryptocurrency transaction processing platform, and emerging cryptocurrency opportunities portfolio; giving access to the unbanked, underserved residents of majorly black communities across the United States. This is the fulfillment of mission of operating and managing a portfolio of real estate and financial services assets and operations to empower black persons in the United States through financial tools and resources, with a primary focused on creating and empowering local black businesses in urban America; and creating real estate properties and businesses in opportunity zones and other distressed neighborhood across America. The company’s FINTEC operations would cover the basic areas of traditional banking-digitally enhance, ML and Ai enabled lending and insurance underwriting, areas of private equity, business lending and venture capital that invest in young black entrepreneurs, and seeding their viable business plans/ideas on blockchain-powered financial services delivery platform that connects, black entrepreneurs, black borrowers, consumers, banks, and institutional investors. The company’s real estate division invests in Opportunity Zones, Affordable Housing, and specialized real estate properties.
The company, through its three wholly owned subsidiaries, Community Economic Development Capital, LLC. (CED Capital), Malcom Wingate Cush Franklin LLC (MWCF), and Opportunity Zone Capital LLC (OZC), seeks to empower black persons in the United States through financial tools and resources as follows:
Opportunity Zone Capital, LLC (OZC) Capital Markets and Real Estate operations – Capital Markets and Real Estate operations consist primarily of principal transactions in public and private securities of opportunity-zone domiciled/linked businesses and rental real estate, affordable housing projects, opportunity zones, other property development and associated HOA activities. OZC development operations would be primarily through principal transactions and real estate investment, management and development of subsidiary that focuses primarily on opportunity-zone business opportunities, construction and sale of single-family and multi-family homes, lots in subdivisions and planned communities, and raw land for residential development; and
MWCF financial empowerment – MWCF would utilize operate the tools of financial education/training, mergers and acquisitions, private equity and business lending to invest and empower young black entrepreneurs, seeding their viable business plans and ideas and creating jobs in their communities. MWCF is primarily focused on creating and empowering local black businesses in urban America; and creating real estate in opportunity zones and other distressed neighborhood across America.
Cash Management, Opportunistic and Event-Driven Investments: The company uses proprietary trading models to capitalize on real-time market anomalies and generate ongoing income in the forms similar to hedge funds.
Community Economic Development Capital, LLC. (CED Capital), a California limited liability company, is a specialty real estate holding company for specialized assets, including affordable housing, opportunity zones properties, industrial and commercial real estate, and other real estate related services. The company engages primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly multifamily housing and specialized industrial properties in the United States. Additionally, its specialized industrial property strategy is to acquire and own a portfolio of specialized industrial properties, including multifamily properties. This strategy includes the following components:
BlackBank, Blockchain-Powered Fintech, Ai and ML Enabled Lending, and CryptoCurrency Deals
The company intends to actualize its banking and financial services operations goals through acquisition and management of a one-to-four branch bank that is federally licensed in each jurisdiction; a machine learning (ML) and artificial intelligence (Ai) enabled loan and insurance underwriting platform; blockchain-powered transaction processing and payment systems; cryptocurrency transaction processing platform; and emerging cryptocurrency opportunities portfolio; a combination of three of which would connects consumers, banks, institutional investors, and ensure access to the unbanked and underserved residents of majorly black communities across the United State of America.
Blackchain Business
The company intends to pursue digital currency customers and bring them into the BlackBank to bank with it using digital currency. The company intends to focus on the digital currency initiative as the core of its future strategy and direction. The company intends to build a leadership position in the digital currency industry as a result of the BEN to enable it to establish a significant balance of non-interest bearing deposits from digital currency customer base.
Strategy
The key elements of the company’s strategy include investing in and operating a wide range of businesses; growing brands through repositioning, increasing household penetration and geographic expansion; expanding into new distribution channels, such as e-Commerce, in an increasingly omni-channel world; identifying lessons learned and applying solutions across product portfolios and channels; sourcing, structuring, acquiring, operating, developing, growing, financing and selling businesses; developing relationships with sellers, financing providers, advisors and target management teams; and executing transformational transactions in a wide range of businesses under varying economic and financial market conditions.
