Eight-Week Entrepreneurial Training Course
Part of the new Tompkins County Microenterprise Assistance Program
Please join the Tompkins Chamber Foundation and Tompkins Cortland Community College for an eight-week entrepreneurial training course for entrepreneurs.
This course is for microenterprise business owners with five or less employees including themselves; it is for both startups and existing microenterprises who wish to write a new business plan/develop a project for completion in 2022.
Projects can include establishing new businesses or expanding existing businesses. If participants complete this course, and write a business plan which is feasible to execute, they may be eligible for grant funding through the Tompkins County Microenterprise Grant Program (significant specific criteria apply regarding eligibility; grant funds can be used for furniture, fixtures, equipment, inventory, and working capital; projects cannot include construction). **Low- and moderate- income persons (LMI) or those planning to create jobs available to LMI are encouraged to apply to participate in this program; one of these eligibility requirements must be met to be considered for funding.**
The program seeks to support rural microenterprise development throughout Tompkins County, with a focus on historically disadvantaged populations, minority and woman owned businesses, veteran-owned businesses, and supporting rural downtown revitalization, agricultural or tourism based businesses, childcare businesses, and other key industries needing support and development in Tompkins County.
Participants will learn the following in the program:
Developing an entrepreneurial mindset for success
Creating your idea/solving your customers? problems
Financing opportunities available
Identifying your target market
Researching your competition
Legal, insurance and tax issues
Accounting and financial statements
Distribution methods and supply concerns
Human resource requirements
How to create a professional business plan
To pass this program you must:
? Participate in the course, and attend at least 7/8 sessions.
? Complete any assignments given by the instructor prior to the following class.
? Complete your draft business plan for a new/expanding or ?hypothetical? business by the completion of the course.
? Invest an additional half hour in reviewing your plan with the instructor.