Duquesne SBDC Wins Grant to Transition the Unemployed into Entrepreneurs
Duquesne University's Small Business Development Center (SBDC) will deliver a program in its service area of Allegheny, Beaver, Butler, and Lawrence counties to help unemployed individuals transition into entrepreneurs.
The project called Transitioning Employees to Entrepreneurs in Motion (TEEM): Opportunities for Southwestern Pennsylvanians to Pursue Business Ownership in the Changing Economy, has been funded by the SBDC through the U.S. Small Business Administration Portable Assistance Project. In the program, the SBDC will consult with unemployed workers and provide training to assist them in pursuing entrepreneurship.
Participants who join TEEM will work in small groups to learn specific strategies to transition from employment to entrepreneurship.
"The displaced workers in our region need assistance to successfully transition into self-employment and business ownership," said Dr. Mary McKinney, director of Duquesne's SBDC. "People who are out of work and want to start a business should contact us; we can help."
TEEM members will receive 15 hours of training, five hours of consulting and a certificate of completion. Specifically, attendees will learn how to:
- Register a business
- Write a business plan
- Craft a marketing strategy
- Understand social media
- Create marketing materials
- Prepare financial projections
- Think like an entrepreneur.
The U.S. Small Business Administration awards SBDC Portable Assistance Project grants to provide services and/or assistance to increase small business success and viability in communities suffering economic hardship because of a major disaster or economic downturn in their service areas.