The South Eastern Economic Development (SEED) Corporation will hold free basic business workshops throughout the region this spring aimed at assisting potential and existing entrepreneurs. The workshops are co-sponsored by local banks and credit unions, the Small Business Development Center Network, local economic development organizations, chambers of commerce, SCORE, the U.S. Small Business Administration (SBA) and the Center for Women & Enterprise (CWE).
The first of these workshops entitled “Learn the Fundamentals in Planning, Preparing and Financing Your Business” is geared toward helping potential entrepreneurs evaluate and understand the fundamentals of owning one’s own business. Information on how to get started, where and how to get financing and the loan application process will be presented. Attendees will also be provided with a free guide to writing a business plan and other materials. Breakfast and lunch will be provided free of charge to attendees.
The second workshop entitled “Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business” is focused on helping attendees understand a balance sheet, income statement, and cash flow statement. The workshop also explains how a small business owner can anticipate financial needs in order to operate his/her business more efficiently.
The following is a list of dates and locations for SEED’s upcoming workshops. Please call SEED Corporation at 508-822-1020 x 312, for more information or to register for a free workshop.
SEED Corporation is a non-profit organization certified by the U.S. Small Business Administration (SBA) and designated as an Intermediary under the SBA’s Microloan Program. This program is designed to provide loans to new and existing business owners in amounts from $1,000 to $50,000. With other loan funds, SEED can make flexible loans up to $200,000.
As a regional economic development organization, SEED also offers a full range of financing programs providing loans from $1,000 up to $5.5 million to assist small businesses to grow and create jobs throughout Massachusetts and Rhode Island. SEED is also a Community Development Financial Institution (CDFI) under the U.S. Department of the Treasury. SEED works with other economic development and financing institutions throughout the region to ensure that individuals who are committed to owning and operating a small business are able to get the assistance they need to be successful.
For more information on SEED and its programs, please call the SEED office at 508-822-1020 or visit SEED’s website at www.seedcorp.com.
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