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Goodie Nation gains national attention in 2020 for helping diverse entrepreneurs


Joey Womack BS1
Joey Womack, co-founder and executive director of Goodie Nation.
Byron E. Small

Joey Womack, CEO and founder of Goodie Nation, has one piece of advice for entrepreneurs: Relationships matter.  

That advice is the basis of his Atlanta-based nonprofit, which helps underrepresented entrepreneurs start and grow tech-enabled businesses through funding assistance, mentorship and — you guessed it — relationship building.  

Relationships with other companies has also led to growth for Goodie Nation itself over the past year.  

In December, Deloitte, a global professional services network, became a corporate sponsor and donated $10,000 of funds for diverse entrepreneurs. Earlier in the year, Google came to Goodie Nation to help distribute $2.3 million to Atlanta Black founders as part of its Black Founders Fund.  

Womack said the nonprofit has had a relationship with Google since Goodie Nation was founded in 2014.  

"Diverse founders and social entrepreneurs, no matter their background, have trouble getting in contact with the right people, which can mean a huge difference in terms of funding or getting your first customer," Womack said.

Fulcrum Equity Partners came on as a partner to help with the funding gap for diverse entrepreneurs in 2020. Verizon also joined as a partner to expand Goodie Nation’s Intentionally Good Project program by providing speaking engagements and workshops to founders.  

The Intentionally Good Project program, which began at the end of 2019, helps founders plan the next 12 to 18 months of their startup journey through help with issues including customer acquisition, digital marketing and product development. Womack said Goodie Nation accepts founders on a rolling basis and usually stays with them for two to three years.  

“It’s indefinite support, honestly,” Womack said. “But typically, we say we don’t provide as much value to a startup after they start raising a Series B round.”  

About 150 founders are currently in the Intentionally Good program, about 70% of whom are from Atlanta. Though most of the founders are based locally, Womack said the same isn’t true for Goodie Nation’s support.  

“The majority of our funding comes from outside Atlanta,” Womack said. “We’re really looking forward to more Atlanta-based companies play a more active role in solving this problem around relationships for diverse founders and social entrepreneurs.”  

The nonprofit began after a one-day hackathon and grew into a three-month pre-accelerator and then into what Goodie Nation is today. It partners with 15 companies, has a network of 500 experts to help founders and has raised or awarded $8 million, according to its website. 

“Even before the first event, we started to get some national interest,” Womack said. “The demand was always there. We spun the next event up in three months. From there, a bunch of large organizations came knocking.”  

For Giving Tuesday in 2020, Goodie Nation hosted a 12-hour Zoomathon, where Goodie Nation founders and partners talked about the importance of relationships in tech. That fundraiser brought more than $7,000 with about 500 attendees the day of the event.  

That participation was with three weeks of planning, Womack said. He plans to do another Giving Tuesday live stream in 2021 with a goal to raise 10 times that amount.  

Goodie Nation also plans to take similar conversations that founders and partners had in the fundraising event and turn it into a live monthly podcast — though these podcasts won’t be 12 hours long. 

Moving into 2021, Womack said Goodie Nation will continue supporting founders and providing resources and mentorship on how to build relationships in the virtual landscape.  


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