One Million Dreams Foundation: A new path to generational wealth

Our programs

One Million Dreams Foundation provides tools, resources, and mentorship for entrepreneurs so they can scale their business and generate new economic opportunities.

How One Million Dreams Foundation is strengthening small businesses in the United States

  • Starting a business from scratch is risky. Nearly half of all new businesses fail within five years, but acquiring an existing business significantly improves the odds — with higher survival rates and more immediate revenue.
  • One Million Dreams Foundation (OMDF) is working to make that pathway accessible to more entrepreneurs across the United States. Through a blend of individualized technical assistance, credit restoration, and a structured curriculum, OMDF equips underserved women and other underestimated founders with the tools they need to pursue business acquisition as a strategy for growth and long-term wealth creation.

Program overview

Our work together

In partnership with Mastercard Strive USA, OMDF is running four 10-week cohorts in Atlanta, Georgia, designed to help founders acquire and grow existing businesses. The program includes two distinct tracks:

  • Entrepreneurship through Acquisition (EtA): For experienced professionals ready to transition into business ownership by acquiring an existing company.
  • Growth through Acquisition (GtA): For established entrepreneurs already generating $1M+ in revenue who are seeking to expand through acquisition.

After completing the program, participants are tracked for two years — providing insight into how acquisition contributes to sustainable ownership, job creation, and wealth generation in underserved communities.

“This grant is far more than financial support, it’s a catalyst for generational change in our communities. It empowers us to open doors for diverse entrepreneurs and business leaders who might otherwise face insurmountable barriers to growth and ownership. The legacy I envision is one where our partnership becomes the foundation for a more inclusive, innovative, and resilient small business ecosystem, proving that when we invest in people, we drive lasting prosperity for all.”

Dr. Felicia Phillips

Founder, One Million Dreams Foundation for Entrepreneurs

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