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New and Aspiring Business Owners Can Take Advantage of Entrepreneurial Training Program

(Woodbury)- Gloucester County Freeholder Director Stephen M. Sweeney and Freeholder Joseph A. Brigandi, Jr., liaison to Economic Development announced today that classes for the Entrepreneurial Training Institute (ETI) will hold classes that reach out to new and aspiring business owners and helps them develop a strategic, organized, step-by-step plan for their own company.

We encourage the growth of small business owners in our communities, said Freeholder Director Stephen M. Sweeney. Owning your own business is time consuming, stressful, and requires many skills. Small business owners and people thinking of starting their own businesses can use this class as a tool to help them operate successfully, Sweeney said.

Freeholder Brigandi said, Instructors who teach in the ETI program and the facilitators who assist them often work for local banks and economic development organizations. This enables students to learn from financing experts. A sound business plan is necessary when business owners and entrepreneurs are seeking financing.

The program has been divided into ETI I and ETI II segments. All classes will be held between 6 and 9 p.m.

Sewell (Thursdays),
Gloucester County Community College
Scott Hall, Room 721
1400 Tanyard Road (Use Parking Lot D)

 

ETI I
Sept. 22, 29


ETI II
Oct. 20, 27, Nov. 3, 10

 

In ETI I, Get Set for Entrepreneurship, students will focus on small-business feasibility, examining their business ideas, evaluating skills and risks, and identifying the resources necessary to move forward. Students will complete a Business Readiness Roadmap in advance of moving on to ETI II. The roadmap is a tool used to help students decide if a particular business idea can be translated into a successful business. The cost of $145 will cover six classroom hours (two sessions), plus professional feedback, text materials and resources.

Prospective students should visit www.njeda.com on the Internet to complete the ETI Self-Assessment Tool to determine their personal and financial readiness for starting and owning their own business. This tool will benefit anyone who is considering enrollment in the ETI program or thinking about starting or improving a business operation. Students enrolled in ETI I must complete the self-assessment and bring it to the first class.

ETI II, Business Planning, will include four highly structured three-hour sessions that will be targeted to helping students develop a formal business plan. Peer networking, lectures and discussions will be provided to assist entrepreneurs. Small-business professionals and lenders will coach students through the business plan writing process. A fee of $295 will cover 12 classroom hours plus professional feedback, text materials and resources, guest speakers and presentation practice. To enroll in ETI II, students with startup businesses or businesses less than one-year-old must complete the self-assessment, ETI I and a Business Readiness Roadmap. Students who have operated a business for more than one year need only submit a completed Business Readiness Roadmap.