WeLead
WeLead Inc. · 2025 Economic Impact Report

Culture is an economic engine.

In 2025, WeLead Inc.'s six programs didn't just celebrate the diaspora — they moved real money through the cities that hosted us, before, during, and after every event.

$0
Estimated total community economic impact
The headline numbers

A year that paid the community back.

Beyond the documented dollars WeLead raised, our events generate spending across local economies — hotels, restaurants, marketplace vendors, transport, and local hiring. Here's 2025 at a glance.

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Total economic impact (incl. multiplier)
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Direct economic impact
People reached
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Jobs supported (FTE-equiv.)
The breakdown

Where the money comes from — and where it lands.

How the $1.57M total is built

Direct attendee & organizational spending, lifted by a conservative 1.6× regional multiplier.

Attendee spending by category

$827K across host-city businesses.

    Spending before, during & after

    Festivals drive a long economic tail.

    Direct economic impact by program

    The Houston festival is the largest single driver.

    People reached by program

    4,550 across two metros and a national virtual audience.
    Funds & jobs

    Real dollars raised. Real jobs supported.

    2025 was WeLead's deepest funding year on record — and the spending it set in motion supports livelihoods across the events economy.

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    Documented funds mobilized
    (excl. undisclosed grants)
    0
    WeLead spend injected locally
    Jobs supported (FTE-equiv.)
    0
    Major U.S. metros activated
    How we calculated this

    Conservative by design.

    Every figure is built to be defended to a funder, sponsor, or city partner. We favor transparency and conservatism over maximal numbers.

    The economic-impact model

    We segment each event's attendees into overnight visitors and local day-trippers, then estimate spending across five categories — travel & transport, lodging, food & beverage, marketplace/vendor sales, and retail/other — using conservative per-person assumptions that vary by event type. Virtual attendees are assigned no local spend.

    • Overnight-visitor share: 70% for the D.C. gala, 15% for Houston festivals, 5% for the year-round Hub.
    • Lodging modeled at ~$150–170/night for the share of attendees who travel; festivals at 2 nights, gala at 2 nights.
    • The Diaspora Business Roundtable is treated as incremental (no new travel/lodging) because it shares the AU Ball week in D.C. — avoiding double-counting.
    Organizational spend & funds mobilized

    WeLead's own program spending — production, venue, local vendors, staff, and security — is counted as $155K injected into local economies. Documented funds mobilized ($68.75K) include the $25K Wazobia and $5K Guinness sponsorships and AU Ball ticket revenue (250 × $155); grants from the Houston Arts Alliance and HEB are confirmed but undisclosed and therefore excluded from the subtotal.

    Multiplier & job creation

    A conservative 1.6× regional multiplier converts direct spending ($982K) into total economic impact ($1.57M), reflecting indirect and induced effects. Jobs supported (~61 FTE-equivalent) combine event-specific hires — production crew, vendors, performers, security, temporary staff — with employment supported by visitor spending at roughly one job per $72K of direct spend.

    In progress · 2026

    Moja Fest Birmingham

    WeLead is the primary contractor for Moja Fest Birmingham — bringing this same economic-impact model to a municipal partner, with the City of Birmingham as the beneficiary.

    Proven delivery

    Six programs, two metros, 4,550 people, one year — including a 3,000-person festival and a national gala.

    Measurable return

    $1.5M+ community impact and ~61 jobs supported, with transparent methodology a city can present to stakeholders.

    Grant & donation ready

    Active grant relationships and live donation infrastructure — ready to receive grants, sponsorships, and gifts today.

    Be part of 2026

    Your support multiplies.

    Every dollar into WeLead is a dollar that circulates through diaspora communities and the cities that host us. Help us make Moja Fest Birmingham and FY2026 our biggest year yet.

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