A Small Business Training and Management Program

Transcription

1 OFFICE of ECONOMIC DEVELOPMENT Minority and Small Business Enterprise Office A Small Business Training and Management Program James M. Baker, Mayor Page 1 City of Wilmington, 800 N. French Street, 3 rd Floor, Wilmington, DE /12

2 OFFICE of ECONOMIC DEVELOPMENT Minority and Small Business Enterprise Office City of Wilmington, 800 N. French Street, Wilmington, Delaware Office (302) Fax (302) MICRO ENTERPRISE PROGRAM MISSION The MLP mission is to promote economic development and neighborhood revitalization by developing a strategic program to assist persons to cultivate businesses and create jobs for self-sufficiency and rejuvenate neighborhood base services thus providing stability back into one s community. OBJECTIVE To provide business technical assistance and assistance with access to capital for individuals seeking assistance with business training, development, services and retention. WHAT IT IS The Micro Loan Program is an extensive 10-week entrepreneurial training program that provides business support services in the development and management of new and emerging businesses. Technical Assistance training is based on modules that lead to the development of an operable business plan WHO IS ELIGIBLE Individuals and businesses that: Will provide entry-level employment opportunities to Low and Moderate income individuals; Live and /or locate the business in low/moderate income neighborhoods; Provide services to low and moderate income households; Owners are located or reside within the City of Wilmington THE PRE-QUALIFICATION PROCESS The following process has been established: Obtain the Program Overview: This provides a summary of the details of the program. Submit the Application: Send it in and other requested information by deadline date. Interview: An interview is conducted to assess program readiness and business development. Qualify: Eligibility is determined and begins 10-week training program at training facility. Graduation: A ceremony is held honoring all graduates of the program. Monitoring: Annual surveys are conducted to assess business development progress TECHNICAL TRAINING Technical training will cover the following areas and is not limited to the inclusion of other topics: Personal Evaluation Cash Flow and Projections Lifestyle and Self Management Market Demographics Business Plan Basics Sales Forecasting Managing money and Employees Marketing Basics Communication Financing Your Business Sales & Presentation Skill Development Computers in Business APPLICATION PROCESS WHAT YOU NEED: Micro Loan Program Application Two proofs of identification Submit a draft of a business plan or a mission statement of your business intent. Schedule interview with the Micro Loan Director. Commitment to attend 10-week training Program City Website: Page 2 City of Wilmington, 800 N. French Street, 3 rd Floor, Wilmington, DE /12

3 Please submit in writing why you want to start or have started a business (500 words or less): NAME: DATE: Return this entire completed application to: Micro Enterprise Program: Office Of Economic Development, 3 rd Floor, 800 N. French Street, Wilmington, Delaware Contact Number: (302) Fax information: (302) Page 3 City of Wilmington, 800 N. French Street, 3 rd Floor, Wilmington, DE /12

4 Official Use Only City License No.: EIN No.: MICRO ENTERPRISE PROGRAM APPLICATION Please complete this form and return it to the City of Wilmington in order to be scheduled for an interview for the 10-week Micro Enterprise Training Program (PLEASE TYPE OR PRINT LEGIBLY) 1. Name of Company: Contact Person: 2. Federal Employer Identification No. (Social Security No., if individual): 3. Address: 4. Telephone: 5. Address: 5. Fax Number: 7. Web Site: 6. Is this a new Business Yes No 7. What type of business will you be interested in starting or strengthening?: 8. When do you want to start a business? 9. What type of experience and years do you have in this business?: # of Years 10. What type of experience do you have in business (in general)? # of Years 11. Do you have a business plan Yes NO PARTIAL 12. Where would the business be located: 13. What type of business or computer skills do you have? 14. How much money will you need to start your business? 15. What resources will you need to finance the business (i.e. savings)? Page 4 City of Wilmington, 800 N. French Street, 3 rd Floor, Wilmington, DE /12

5 16. Explain how financing will be secured: 17. List your highest level of education, place and diploma or degree received: 18. What type of educational and/or technical assistance do you feel is needed to help you successfully operate your business? 19. What are your expectations of the City of Wilmington Micro-Enterprise Program? In consideration of the assistance receiv ed through the City of Wilmington s Micro Loan Technical assistance training program the applicant hereby certifies and agrees: To attend the training classes as scheduled and participate in grou p classroom training, discussion and activities as it relates to the preparation of the business plan: To cooperate w ith periodic employment and information mo nitoring requests, and provide information with respect to the progress of th e development of the b usiness plan. By signing below, I acknowledge that I understand that all inquiries you de em necessary to verify the information contain ed herein, and to determine the cred it w orthiness of the undersigned authoriz es you to answ er questions about your credit experience with the undersigned. I also give my permission for the program to use my photo, and materials in any electronic, media, or pr int fashion as to promote and market the Micro Enterprise Training Program and the Small, Minority & Disadvantage Business Enterprise initiatives. NOTE: Class size is limited and participants selected on a competitive basis. The following information will be used for statistical purposes: Age Range Sex: Male Female Veteran: Yes NO Race: Black American Hispanic Asian American American Eskimo White American American Indian 20. I certify that the information supplied herein is correct and that any changes will be reported immediately. (Entrance of name in NAME field constitutes acknowledgment) NAME DATE Return this completed application to: Micro Enterprise Program, Office Of Economic Development, 3 rd Floor, 800 N. French Street, Wilmington, Delaware Contact Number: (302) Fax information: (302) Page 5 City of Wilmington, 800 N. French Street, 3 rd Floor, Wilmington, DE /12