Foundations: Entrepreneur Training Program [Night]

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Foundations: Entrepreneur Training Program [Night]

October 8, 2020 @ 5:00 pm - 7:00 pm

This program is designed to train business owners on the basic business principles needed to run a successful company. Participants must have small business in Davidson County that has been affected by the COVID-19 pandemic to attend the 2020 Cohort starting in October. 

 

This October program is ideal for individuals who are in the beginning stages of business development and need exposure to the basic principles needed to run a successful, sustainable company, have been operating only a few years and need a better understanding of some business basics, or were shut down during the pandemic and need support with pivoting or reopening.  

 

Entrepreneurs who complete FOUNDATIONS have the opportunity to:  

–          Join a community of like-minded professionals. 

–          Complete a proven business development curriculum. 

–          Apply for a $25,000 business loan from First Horizon Bank.    

FOUNDATIONS is offered on a quarterly basis in the evenings at the Nashville Business Incubation Center. The course is offered for free for all participants. 

 

ENTREPRENEUR TRAINING PROGRAM 

Participants will become equipped with the necessary tools to re-establish or grow their own business. Each participant will investigate strengths and weaknesses in the personal traits assessment, learn the different facets about entrepreneurship, and complete a business plan during the 8week session. 

Many people have dreams of starting their own businesses. These dreams go undeveloped for years due to fear and various obstacles that plague startups. Lack of access to capital and funding, limited business training, and the absence of critical resources tend to get in the way of dreams and the appeal of possibility. Those in low-income, low-wealth communities have a more difficult time acquiring funding for their businesses due to a shortage of capital and limited access to financial services. 

This intensive 8-week course, rooted in entrepreneurship training, allows participants to learn and master critical business basics and topics. 

Designed to empower aspiring entrepreneurs with the tools and skills to successfully navigate small business ownership, the Foundations Training Program combines business training, personal development, access to professional services, and financial counseling through partnerships with a direct network. 

Our goal is to remove the fears associated with small business ownership caused by the many obstacles, barriers, and limitations one may meet. 

Online Networking and Training Materials will be supplied. 

Agenda 

WEEK 1: Thursday, October 8, 2020 – Class: Evaluating Feasibility 

WEEK 2: Thursday, October 15, 2020 – Class: Selecting A Business Name 

WEEK 3: Thursday, October 22, 2020 – Class: Business Plan Outline 

WEEK 4: Thursday, October 29, 2020 – Class: Market Research and Advertising 

WEEK 5: Thursday, November 5, 2020 – Class: Required Start-Up Money (Budgeting) 

WEEK 6: Thursday, November 12, 2020 – Class: Financial Statements 

WEEK 7: Thursday, November 19, 2020 – Class: Suppliers and Distribution Channels/ Credit and Access to Capital 

WEEK 8: Thursday, December 3, 2020 – Presentations/ Graduation                                                    

Student Learning Outcomes 

The Participant will: 

  1. Evaluate feasibility on moving business forward 
  2. Create a business plan
  3. Review financial statements
  4. Discuss marketing and advertising techniques
  5. Learn what’s needed to establish business 
  6. Compile a resource binder
  7. Deliver a well-organized presentation with skill and ease, using visual data where appropriate
  8. Turn in a written presentation

FAQS 

Will this class be offered virtually or in person? 

Due to Covid-19, this class will be offered virtually via Zoom. 

How can I contact the organizer with any questions? 

Please email nbic@nbiconline.com for general information. To learn more about specific opportunities with NBIC, email Arnella Williams-Foster at afoster@nbiconline.com. 

 

Details

Date:
October 8, 2020
Time:
5:00 pm - 7:00 pm
Event Category:
Website:
https://www.eventbrite.com/e/121396108027

Venue

www.Zoom.us
Nashville, TN 37203

Organizer

The Nashville Business Incubation Center
Website:
https://www.eventbrite.com/o/the-nashville-business-incubation-center-2768464540