Vision and Values


Vision and Values

The Enterprise Center has a rich and diverse practice supporting minority entrepreneurs and under-resourced communities spanning more than three decades. Our clients and partners trust us to advise and deliver on transformative economic development connected to minority business growth cycles and community wealth-building initiatives.

We invest in people and projects at the heart of business and communities in the belief that aligning capital with expertise is the strongest pathway to economic wealth and prosperity.

We operate a dedicated team model. Each team functions as an entrepreneurial group, managing a strategy that works with clients where they are, coordinates with partners, and invests capital where needed. Teams are responsible for their goals and outcomes though the entire project and investment life cycle and are directly accountable for performance. Each team is led by an executive overseeing talent responsible for working with our clients, partners, and communities. This proven approach builds trust and alignment with clients' needs and community objectives.

We focus our work in the United States and two offices located in Philadelphia, PA. As a 501c(3), our mission is to cultivate and invest in minority entrepreneurs to inspire working together for economic growth in communities.


In 1988, David Thornburgh, the Director of the Wharton Small Business Development Center (SBDC), and a Wharton SBDC consultant named Larry Bell were looking for a way to expand entrepreneurial training and consulting expertise with the needs of aspiring minority entrepreneurs in Philadelphia. 

They developed a business plan with funding from Ben Franklin Partnership (now Ben Franklin Technology Partners), and in 1989, with the help of early supporters such as Bell Atlantic (now Verizon), The Enterprise Center (then, known as the West Philadelphia Enterprise Center) became a reality, setting up offices in about 3,000 square feet of leased space in the former Provident Mutual Insurance Company building at 4601 Market Street. David Thornburgh served as the Chair of the founding Board, and Larry Bell became the first Executive Director. 

In 1992, Della Clark, an entrepreneur, was hired to replace Larry, who was leaving to lead West Philadelphia Partnership. Under Della, The Enterprise Center underwent tremendous growth in the second half of the 1990s. In 1994, we purchased the then-dilapidated WFIL Studios building at 46th and Market Streets—the original home of American Bandstand before it moved to California in 1964. In 1997, we completed renovations that transformed the building into a state-of-the art center for business and entrepreneurship.   

In the 2000s, we added affiliates, The Enterprise Center Community Development Corporation, to catalyze benefits for businesses and residents that spark community revitalization, and The Enterprise Center Capital Corporation, to provide debt and equity capital that businesses need to start, grow, and succeed.

Current Growth Strategy

Master Growth Plan

In 2016, we launched our Master Growth Plan that outlines our vision for growth and impact, and how planned investments would drive optimizing services by combining business acceleration, capital investments, and community development. 


We live our core values of creativity, education, integrity, and collaboration, and strive to provide solutions to economic disinvestment in under-resourced communities. We commit to our work through three core areas: Business, Capital, and Community.

  • Our Business development efforts accelerate the capacity of minority enterprises to compete in any marketplace through business education, management support, and connections to industry; 
  • Our Capital Corporation provides access to debt and equity capital that businesses need to start, grow, and succeed; 
  • Our Community Development Corporation catalyzes benefits for businesses and residents that spark revitalization in distressed, low-income neighborhoods. 

Executive Team

Della Clark, President & CEO

Ian Lawrence, Senior Capital Director

Victoria Hosendorf, EVP Business Team

Seulky McInneshin, EVP Core Team

Jeff Wicklund, EVP Community Team

Mary Austin, EVP & CFO 

Board of Directors

The Enterprise Center and its affiliates, The Enterprise Center Community Development Corporation and The Enterprise Center Capital Corporation, work together to provide governance and guidance for the organization, its mission, and its fiduciary responsibilities. The Boards of Directors of each organization hold joint meetings to ensure organizational effectiveness, collaboration, and shared leadership.

The Enterprise Center Board of Directors 

Della Clark The Enterprise Center

Anita Garimella Andrews (Chair) Adobe

Andrew Cherry (Board Liaison) KPMG LLP

Lawrence "Larry" Bell Delaware River Waterfront Corp

Tarik A. Brooks Royal Cooper Cohen Braunfeld

Alima Hawthorne Wells Fargo

Harold Glass University of the Sciences

Jonathan Horn Infosys Consulting, Inc.

Charles K. Hopkins (Treasurer) Glenmede

Brian Radic LLR Partners

Affiliate Board of Directors, The Enterprise Center Community Development Corporation 

Della Clark The Enterprise Center

Lowell Thomas (1st Vice Chair) Philadelphia Housing Development Corporation

Jamie Magee Health Promotion Council

Andrew Bank Strong Place Partners

Kalphonse Morris Urban Art Gallery

Amanda A. Evans, MPH Children's Hospital of Philadelphia

Affiliate Board of Directors, The Enterprise Center Capital Corporation

Della Clark The Enterprise Center

Andrew Cherry (Board Liaison) KPMG LLP

Harold Glass University of the Sciences

James Sanders Univest