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What: 6-week real estate entrepreneurship youth program
Who: Students ages 16-21
When: Tuesdays & Wednesdays, 5:30pm-7:30pm, July 12th - August 18th, 2022
Where: Wentworth Institute of Technology
How: Free for participants. Download the application, fill it out, & submit.
Real estate development in Boston is a multibillion-dollar industry. But for people from underserved communities who do not have connections to the industry, this path to wealth generation is inaccessible.
The new Fallon Real Estate Entrepreneurship Youth Program seeks to equip young people with the skills, knowledge, and mentors needed to participate in real estate investing, and set them on a path to help eliminate the income and wealth disparity in Boston.
Industry experts will teach twenty-one young people ages 16 to 21 the ins and outs of commercial realestate investment, including how to:
Identify and evaluate potential investment opportunities
Conduct a property valuation and market analysis
Submit and negotiate a winning offer
Navigate the purchase process
The 21-person Summer 2022 cohort will work in seven teams of 3 students, each guided by a coach both in the classroom and on field trips. Whether in the classroom or visiting property development sites, students will meet the best of Boston’s real estate industry experts, from architects and designers to agents and investors.
For their culminating project, teams will prepare and present investment strategies to faculty and peers based on hypothetical properties and conditions.
Participants will leave the Fallon Real Estate Youth Entrepreneurship Program with real-world knowledge and legitimate relationships they can use to uplift their lives and their communities.
The Fallon Company
The Fallon Company is a privately held commercial real estate owner and developer of transformative, urban mixed-use environments. Founded by Joseph Fallon in 1993, we have developed numerous projects in Boston and along the Eastern Seaboard.
Our Mission: We strive to build unique environments that have a transformative impact in communities. We do this by:
Designing and building dynamic and distinctive places for people to live, work, and play.
Respecting neighborhood history and culture by integrating new homes, offices, parks, and retail into the fabric of communities.
Staying true to our founding values of character, resolve, and compassion
The Fallon Company is headquartered in Boston, MA, and has offices in both Charlotte and Raleigh, North Carolina.
Street2Ivy believes that entrepreneurship is a crucial path to combat the income and wealth disparities that plague underserved communities. Our mission is to empower aspiring entrepreneurs to create and innovate by offering the information, mentorship, and tools they need to achieve economic empowerment.
We execute our mission through multiple initiatives:
Street2Ivy Corporation invests a portion of its profits back into underserved communities and offers employment to community members.
Street2Ivy Online Academy provides aspiring change-makers with “design thinking” strategies and skills. Led by DxD Partners founder Andrew Pek, best-selling author of "Stimulated: Habits to Spark Your Creative Genius at Work."
Street2Ivy Youth Programs share with young people 16-21 the opportunity to work with industry experts to learn skills like design thinking, financial modeling, product marketing, raising capital.
Street2Ivy Marketplace offers entrepreneurs an e-commerce platform, marketing consultation and exposure on social media.
EleVate Magazine helps new and aspiring entrepreneurs overcome obstacles on their journey to entrepreneurship by offering resources, real-world advice, and inspiration.