Here are the details in a letter from the Good Work Network E.D. Hermione Malone:
As the year winds to a close, Good Work Network, like many of you, is taking stock of where we are and where we’re headed in the New Year.
For 17 years, Good Work Network has been committed to helping women and minority entrepreneurs start and grow businesses. And in that time we’ve started or strengthened more than 2,200 businesses; created or sustained more than 5,600 full time jobs; and facilitated the awarding of more than $68 million in contracts to small businesses.
While we’ve done much, we realize we can do far more to increase opportunity, wealth and business stability for minority entrepreneurs. When African-Americans own roughly one-third of all businesses, but earn only 2% of all business revenue, a new approach is in order.
So, in 2019 we’re getting back to basics, restructuring our operations to better support entrepreneurs of color. As such, we are closing our Roux Carré food incubator, effective Friday, December 21.
Roux Carré was envisioned as a vehicle to support the cultivation of minority culinary entrepreneurs as restaurant owners/operators. And during its run, Roux saw five culinary businesses created; 8 expanded; and 10-full-time and 8 part-time positions created while providing a showcase for up-and-coming performing and visual artists. However, like many restaurant ventures, Roux Carré failed to grow revenue to a level that would keep it financially stable. Therefore, the Good Work Network Board has made the decision to close Roux and redirect our resources toward more core supports for minority entrepreneurs.
Thank you to the many chefs, funders and community partners who devoted their energy, passion and love to Roux. We invite everyone to celebrate their efforts and current chefs Queen Trini Lisa and Local Menu NOLA at Roux Carré ’s final holiday vendor market on Sunday, December 16, featuring music from Strate Notes. Regular hours will be observed through December 21, when Roux will close at 8 pm. for the last time.
In the coming weeks, Good Work Network will share more about our plans for 2019 as we redouble our efforts to support minority entrepreneurs while building a stronger, thriving economy for all. For more information, please contact Executive Director Hermione Malone at Hermione@goodworknetwork.org.
From all of us at Good Work Network, best wishes for the season and a prosperous New Year.
– The Staff and Board of Good Work Network