If you have an idea for a business venture, don't know where to start,
and you're a low-income BIPOC entrepreneur: we can help
CDR's Entrepreneurship Training Program, Plan it!- an entrepreneur's guide to success, is a class that uses NDC's traditional training curriculum. There are twelve sessions, each one two hours long- where people meet once a week to learn what they need to know about opening their own business.
But it doesn't end there, participants also have the opportunity to meet one-on-one with their trainer and experts.
These training classes focus on the fundamentals that anyone interested in running a small business should know, and help them develop a solid business plan so their dream of becoming an entrepreneur is more attainable. They are designed for low-income people of color that desire to be their own boss and have a great idea, but have no clue where to start, or the steps they need to learn, to bring it into fruition.
Some of the topics covered include Planning for success, Introduction to Business Planning, insights on The Market they plan to target, How to work on their Marketing and Branding- including digital media, what Management and Operations entail, how to navigate Financing and the Credit Review Process, and Financial planning.
CDR partners with local institutions that offer small business lending as well, to provide access to business owners who might not be able to use traditional sources of capital. We also partner with local experts and consultants, to provide one-on-one technical assistance in record-keeping, accounting, marketing and branding, web development, social media marketing strategies, and legal aspects of a business to our Plan it! graduates.
This class provides an amazing opportunity for low income BIPOC individuals who desire to acquire skills, and make valuable connections- and teaches them what they need to learn to develop a small business from concept to day-to-day management, successfully.
Currently, we offer sessions twice a year. Applications are open to all Black, Indigenous and People Of Color (BIPOC) low-income individuals. Our next session will be held at the MSUM Center for Business with a partnership with their Office of Diversity and Inclusion.