Monrovia, MD – 1/7/2021— Wanda L. Spence, great-niece of civil rights daughter Delilah W. Pierce, internationally renowned artist, curator, advocate, and diplomat launches Nebulae Global Benefit Corporation to manage the development and launch of mobility devices that will bring equity and greater independence to individuals with physical disabilities.
Wanda put her creativity into action after a member of her church experienced a non-life-threatening fall. The experience left the church member filled with anxiety.
“I could tell the church member was embarrassed and upset with her independence being diminished. I immediately started thinking about how I could create a company to develop products to help maintain a sense of independence for individuals with physical disabilities,” said Wanda L. Spence, Founder and CEO.
Wanda then asked Stephen R. McDow II (son) to help. Stephen has spoken several times on how the co-operative business model could be used to innovate products that impact individuals with disabilities.
Stephen R. McDow II, Executive Vice President, Strategy,“Often times, poor Whites and Black, Indigenous, People of Color (BIPOC) are forgotten about if they live with a physical disability in society. They often feel isolated and become depressed leading to a diminished quality of life. We cannot throw away the key and forget about the millions of seniors and individuals with disabilities.”
Still motivated from speaking at the Cooperatives UK Retail Conference, Stephen connected Wanda (mother) with his mentor and friend, Roland Hall, senior partner at Autry, Hall, Cook, LLP in Georgia. Mr. Hall advised them to launch a benefit corporation and manage it following the cooperative principles. A benefit corporation will allow them to create jobs and empower entrepreneurs to build strong eco-systems.
On November 30, 2020, Nebulae Global Benefit Corporation was formed.
Wanda L. Spence, Founder & CEO, “We feel like it is our calling to help improve the human condition by investing in entrepreneurs and communities.”
Nebulae Global has an initial goal of raising $2 to $5 million in capital in order to develop and launch its first product – a patented mobility medical device. The Spence Family has invested some initial start-up capital; however, reaching the financial targets will increase opportunities for success.
“Stephen and I knew we needed an all-star team to accomplish our goals. We hired Chad Schneider, PE, MSE, who is the founder and president of Root3 Labs, an engineering and product development firm and recruited Dr. Ursela Worsham, from UC Irvine Medical School as a founding board member to name a few,” Wanda said.
Mr. Schneider will serve as Nebulae’s chief technologist and help lead the development of Nebulae Global’s portfolio of mobility and disability products. Chad has over 20 years engineering experience in the design of complex electromechanical prototypes and products for the medical device industry.
Dr. Ursula Worsham, Executive Director of Student Support Services for University of California Irvine School of Medicine will help Nebulae Global maintain its focus on helping people and communities first over profit.