Advancing the Development of Minority Entrepreneurship (ADME) is a 7-week program that will assist aspiring entrepreneurs that want to launch their new business model. Applicants will bring their great idea, passion and drive, to harness their business mindset and creativity to start their own company.
Curriculum Summary:
Week 1- Foundation & Vision – Company Background, Determine Need, Financial Health Assessment
Week 2 – Foundation & Vision – Target Market and Intellectual Property
Week 3 – Marketing & Exposure – Marketing strategy, Branding and Promotional Strategies
Week 4 – Marketing & Exposure – Presentation Financial & Finesse Operations
Week 5 – Financial & Finesse – Pricing, Expenses Research
Week 6 – Financial & Finesse – Financial Statements
Week 7 – Final Presentation and Access to Capital Panel
Additional Benefits:
- Financial Health Assessment – A loan pre-qualification assessment for each borrower to assess loan readiness
- One-One-Session – Meeting with an attorney to assist with questions on your business
- Access to Capital Panel – Presentation of your business to a panel of microlenders, banks, community lenders
- The ADME Program is free; however, the application fee is $25 (non-refundable)
Cohort Locations:
SBDC Quad Cities
June 14, 2018 – July 26, 2018
Thursdays from 5PM – 8PM
Western Illinois University QC Campus
3300 River Drive
Complex C – Room 1418
Moline, Illinois
SBDC Far South
June 20, 2018 – August 8, 2018
Wednesdays from 5PM to 8PM
9923 S. Halsted Street
Chicago, IL 60628
SBDC Champaign
June 19, 2018 – July 31, 2018
Tuesdays from 5:30PM – 8:30 PM
Champaign Public Library (Business Center)
200 W. Green St.
Champaign, IL 61820
Application Period Opens: May 3, 2018
Application Deadline: May 31, 2018
Click here to download the ADME Program Application.
Source: www.illinois.gov/dceo