Microbusiness Development Program

Always wanted to start a business? Need funding to kickstart your idea?

You've always wanted to start your own business, but you don't know where to start. Maybe you're a farmer that wants to start a business to grow and sell food in Mansfield. You might be scared, though, that your idea isn't good enough or that you don't have what it takes to make it a success.

If you are serious about starting your own business and being your own boss then our Microbusiness Development Course is perfect for you. If you successfully complete the course, you will be eligible to apply for a microloan of at least $500!

This program is made possible by the generous support from the Ohio Community Development Corporation Association (OCDCA).

Click here to register for the Microbusiness Development Course!

 

What is it?

If you want to start your own business, you have to know the fundamentals of entrepreneurship. In our Microbusiness Development Course, we will teach you these lessons and more.

As you're going through the program, we will also help you write a business plan so that you have both the knowledge of how to run your business and a living and breathing document to help you jump-start this. Most importantly though, you will then be eligible to apply for a microloan of at least $500!

Curriculum

In the orientation, we will talk about the fundamentals of starting and running a business. This includes discussion about how, at the core of it, a business is a hypothesis: if you believe that your product solves a customer’s problem you have to verify that this is true by gathering feedback from the customer.

This leads into the second part of the orientation: if the customer tells you that your product doesn’t solve their problem, you need to change it until (s)he tells you that it fixes their problem (i.e. the pivot). In part 3 of the orientation, we'll discuss the time commitment that entrepreneurship requires and the difficulty of juggling life responsibilities with running a business. After the orientation, the contents of the course will be the following (not necessarily in order):

Click here to read a detailed outline of the Course Curriculum

Customer Discovery & Hypothesis Testing

Design Thinking & First Principles

The Lean Startup Method

Local Business Owners

Marketing-1: Branding, online and offline

Marketing-2: Building a website (MBAC)

Compliance: business formation, taxes, and more


Business Certification (MBAC)

Pricing: value-based and cost-based

Bookkeeping and point-of-sales systems

Employees

Quitting your job and balancing entrepreneurship with life

Financial literacy for businesses

Resources in the community & Continued learning

 

How are we different?

We are an Asset-Based Community Development corporation with years of experience convening and collaborating with constituents in the community. We focus on people's gifts and assets, not their deficits.

We don't work in silos, which means that by connecting with us you also connect with our community partners, the supportive services they offer, and our range of other programs.

Minority Business Assistance Center (MBAC)

The strength of this program comes from how we leverage our partnerships with other organizations. In addition to the incredible support from the Ohio Community Development Corporation Association (OCDCA), a key partner for this program is the Akron Minority Business Assistance Center (MBAC), hosted by the Akron Urban League. NECIC has partnered with the Akron MBAC to bring business counseling services to Richland County. This includes assistance with business ceritfications like Women Business Enterprise (WBE), Minority Business Enterprise (MBE), Veteran Business Enterprise (VBE), and more. Please click the button below to find out more about these services and opportunities.

Minority Business Assistance Center (MBAC)

 

Click here to register for the Microbusiness Development Course!

 

Schedule

Group 1: Classes will be Tuesdays and Thursdays, 6-7:30pm. The first class is Tuesday, February 4 and the final class will be Thursday, April 16. A detailed schedule will be released soon.

We will repeat it three times in 2020 in order to give more people the opportunity to participate. The first group will be February through April, the second group will be May through July, and the final group will be August through October.

There will be two classes per week, with each class lasting 90 minutes. Exact dates and times of the second and third groups have yet to be determined and will depend on the schedules of participants. The fee to register is $10 and you have to complete the course to be eligible to apply for a microloan.

Click here to register for the Microbusiness Development Course!

Questions?

Contact Edward Akinyemi at 419-522-1611, extension 127 or at edward@necic-ohio.org.