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Entrepreneurship
The racial disparities in business ownership and outcomes are a major concern for MCDC. African Americans are substantially less likely to own businesses than are whites. African American businesses have lower revenues and profits, hire fewer employees, and are more likely to fail than white owned businesses.
MCDC supports the growth and expansion of minority and socially and economically disadvantaged businesses with programs, nurturing services, activities, and facilities that help new and expanding enterprises during their critical early existence. In addition to space, MCDC plans to provide advice, technical assistance, counseling and other services on-site that are often unavailable to new or small businesses due to cost and/or location. MCDC will:
- Provide technical assistance to support business incubation and entrepreneurial development;
- Provide a network of relationships with peers;
- Offer comprehensive strategies to foster entrepreneurship;
- Stimulate growth by promoting a diversification of business opportunities;
- Co-sponsor business development events in partnership with business support organization;
- Facilitate the transition to business ownership for students and those seeking a new career path.
In 2005 MCDC began offering programs to prospective entrepreneurs - individuals starting a new business, needing to write a business plan or needing help getting a loan. The seminar entitled "How To Write a Business Plan" covered the fundamentals of business planning from both the lender and business owner perspectives.
Future seminar topics will include:
Small business opportunities
Financing, Staffing, Expansion, Building Revenue
Experiences in starting up small businesses
Grants for small businesses
Taxes
Soliciting investors/Venture capital
Nonprofits
Managing and staying in business
Starting a business on a shoe string budget
Internet Selling
Home based business with little or no money
Marketing
Preparing a grant
Networking
Renting space
Government funding
Business development
Small business fundamentals
How to raise capital. What lenders think in terms of approving a loan.
How non-profits can make profits
Resources available when obstacles arise
Marketing strategies
Web based marketing strategies
Starting a real estate business
Starting a professional services business
Incorporating a business
Franchising
Government contracting
Forecasting and planning
How to select employees and business associates
Marketing/legal issues
Do you really want to start a business?
Reviewing the business plan before submitting it
ENTREPRENEURSHIP PARTNERS
Southeastern University - Center for Entrepreneurship
Provident Bank
See our Program/Activity Schedule
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