DRI Goods’ mission is to cultivate entrepreneurship, revitalize underserved communities and stimulate economic growth by training and providing capital and space for small retailers.
Our Business Model
Retail Incubator Program
DRI Goods believes that a realistic, actionable business plan is critical for the success of any entrepreneur. To that end, DRI Goods works with each entrepreneur to create a business plan that will guide them moving forward. Without any existing locations, a business plan is also critical for start-up retailers to convey preparedness to landlords and lenders, so DRI Goods places special emphasis on the presentation of business plans, in addition to the content.
After the entrepreneur submits an application to DRI Goods and is accepted as a client, they will be paired with a team of three DRI Goods mentors who have retail experience and expertise in the fields of operations, finance, and construction. These mentors will meet with entrepreneurs weekly as they create their business plans, then monthly and as-needed as the entrepreneurs open their retail businesses.
Access to Capital
Every retail business needs capital to open their doors. DRI Goods connects entrepreneurs to capital at rates they can afford. We partner with funders such as municipalities, foundations, Community Development Financial Institutions (CDFI), banks, and individuals, to extend capital at affordable rates to entrepreneurs. DRI Goods can also use revenue generated from finding clients locations to put towards clients’ loans to subsidize the interest rate.
Access to Space
DRI Goods builds relationships with developers and property owners throughout the Denver Metro Area to pair retail space with entrepreneurs using innovative lease terms which create win-win situations. Examples of flexible lease terms are:
- Percentage rent
- Extended free rent periods
- Equity in lieu of rent
- In-kind contributions in lieu of rent
Under these arrangements, entrepreneurs lease space at rates which work for a startup, while landlords get amenities in their projects which will increase occupancy and drive revenues.