Business Development
Empowering aspiring entrepreneurs and small business owners with comprehensive training, mentorship, and resources to launch and grow sustainable businesses, with a focus on innovation and community impact.
Program Overview
- Our Business Development program supports aspiring entrepreneurs and small business owners by providing practical training, mentorship, and access to resources to build and scale sustainable ventures, with a focus on underserved communities.
- In 2024, we assisted over 500 entrepreneurs, with 70% launching or growing their businesses within six months, according to program evaluations, contributing to local economic growth.
- We offer culturally sensitive programming, including workshops in languages like Spanish and Haitian Creole, ensuring accessibility for diverse populations and fostering inclusivity.
- Our curriculum emphasizes actionable strategies, such as business planning, digital marketing, and financial management, tailored to meet the needs of startups and established businesses.
- Through partnerships with local chambers of commerce, banks, and incubators, we connect participants to funding opportunities, networking events, and industry expertise.
- Programs align with Small Business Administration (SBA) guidelines, ensuring participants receive industry-standard training and support for long-term success.
- We provide flexible learning options, including in-person workshops, virtual sessions, and one-on-one coaching, accommodating diverse schedules and business stages.
Event Highlights
Business Growth & Development Workshops: Hands-on events and strategy sessions to help entrepreneurs scale their businesses
Key Offerings
- Entrepreneurship Training: Comprehensive courses cover business planning, marketing, and financial management, equipping participants to launch ventures. Topics include market research, SWOT analysis, and business model development, with 80% of 2024 participants completing viable business plans.
- Access to Capital: We connect entrepreneurs with microloan programs, grants, and investors through partnerships with organizations like the SBA and local credit unions. In 2024, 60% of participants secured funding, averaging $10,000 per business.
- Mentorship and Networking: Experienced mentors provide one-on-one guidance, while networking events connect participants with industry leaders and peers. In 2024, 400 participants attended networking sessions, with 75% reporting valuable professional connections.
- Digital Tools for Business: Training in e-commerce, digital marketing, and social media strategies helps businesses expand their reach. Courses cover platforms like Shopify and Google Ads, with 2024 participants reporting a 30% increase in online sales post-training.
- Support for Minority-Owned Businesses: Targeted programs for women, veterans, and minority entrepreneurs offer tailored resources, including legal assistance and funding guidance, with 65% of 2024 participants from underrepresented groups launching businesses.
- Incubator Programs: We provide shared workspaces, legal support, and business coaching to help startups scale. Our 2024 incubator supported 50 businesses, with 80% achieving revenue growth within a year.
- Business Financial Management: Workshops teach cash flow analysis, budgeting, and tax strategies, enabling entrepreneurs to maintain financial health. In 2024, 85% of participants reported improved financial decision-making.
- Marketing and Branding Support: Training on brand development and customer acquisition strategies helps businesses stand out. Our 2024 workshops helped 300 businesses create effective marketing campaigns.
- Sustainability and Social Impact Training: Programs focus on sustainable business practices and community impact, teaching entrepreneurs to align profitability with social good, with 70% of 2024 participants incorporating sustainability into their business models.
- Pitch Development and Investor Readiness: We offer coaching on crafting compelling pitches and preparing for investor meetings, with 50% of 2024 participants successfully pitching to investors at local startup events.
Client Success Stories
"BBE has put so many people together to be successful. Most important: the education provided is amazing."
"Nancy has a kind heart and savvy business skills which she shares with us. She continues to uplift us in our ventures."
"Love Black Biz Enterprises! Nancy helped me with grants, flyers and a photo shoot."
"Nancy has given me such a platform that helped boost my business...she promised and delivered...my children and I are extremely grateful."
"BBE helped me to profit and make lasting business connections. I got support with logos, business cards, flyers, grants, brochures, photoshoots, a commercial and so much more."
"I highly recommend Black Business Enterprises...BBE has helped me establish my business here in Minneapolis and I can't rave enough."
"I would 100% recommend this business to anyone looking for help, guidance, and an overall wonderful experience...Nancy goes above and beyond for all of her clients...I will continue to stay by her side for much longer."
"Nancy is the best there is. She is so accommodating and kind. I needed a new laptop for my business and Nancy helped me purchase a brand new one. She is patient and very knowledgeable about everything business related. One of the most positive and uplifting human beings I've ever known."
"Absolutely the best!!! Nancy Korsah has stepped her game up on helping others step their game up. This is not just another page, it's a great and needed resource. MAMA THERE GOES THAT WOMAN!!!!"
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