Ohio SBDC at Urban League of Greater Cincinnati

2011 Entrepreneurship Education FORUM

Strategies of Encouraging Cincinnati Entrepreneurship

November 7, 2011

Strategies for Encouraging Entrepreneurship in Cincinnati

Workshop will address best practices:

• Determine local resources• Market opportunities• Seek out training opportunities• Types of financing• Minority/Women community engagement• Engage Educational Institutions

Determine the local resources

• SBA Programs : SBDC, SCORE, Women’s Business Center, Veterans Business Outreach Center, Procurement Technical Assistance Center

• City and County Economic Development Agencies

• Chamber of Commerce

• Colleges and Universities

Determine Market Opportunities

• Identify Gaps

• Assess existing services in target area

• Develop programs and services that address gaps & generate revenues

• Sustainability

Seek Out Training Opportunities

• Quickbooks

• Creating Business/Strategic Plan

• Creating Marketing Plan

• Business Development Programs

• Access to Financing Prep

Determine Financing Options

• Commercial Lending

• City/State Lending

• Alternative Lending

• Venture Capitalist/Angel Investors

• Micro-Lending 

Minority/Women Owned Community Engagement

• Community Councils

• Minority Networking Events

• Women Networking Events

• Certifications

Engage Educational Institutions

• High Schools – Entrepreneurship Programs

• Colleges/Universities

Q & A

Ohio SBDC at Urban League of Greater Cincinnati

Urban League of Greater CincinnatiECONOMIC EMPOWERMENT CENTER

3458 READING ROADCINCINNATI OHIO 45229

UNION INSTITUTE & UNIVERSITY440 E. McMillan Street

CINCINNATI OHIO 45206

SBDC STAFF:

Sheila A. Mixon Director 513-487-1274 smixon@gcul.org

David Riggs Business Advisor 513-487-1233 driggs@gcul.org

Karla Boldery Business Advisor 513-487-5250 kboldery@gcul.org

Trenise Stowers Administrative Assistant 513-487-1155 tstowers@gcul.org

FAX: 513-487-1084

Ohio SBDC at Urban League of Greater Cincinnati

Thank You For Your Time!