entrepreneurial scholarship fund - class of 2010-11 lda collaborative project presentation
TRANSCRIPT
E-Hub Scholarship FundA Scholarship for Entrepreneur
DevelopmentFounded by
Rock County LDA Group 3 (Class of 2010-11)and
Community Foundation of Southern Wisconsin
Nonprofit entrepreneurial training program founded in Green Bay in 1998 as the Reggie White Urban Hope Foundation.
Encourages entrepreneurs to network among themselves and other local businesses to form an enterprise team.
Program acts as a compass, directing entrepreneurs to available resources.
What is E-Hub?
Program HistoryE-Hub classes have been held in Green Bay/Fox Valley area since 2003.In 2010, E-Hub partnered with Southwest Wisconsin Workforce Development Board to help displaced workers potentially own and operate a small business. E-Hub graduates launched 500+ businesses/3,000+ FT/PT jobs in Northeast WisconsinThe E-Hub Program has also grown regionally, with courses in Akron/Canton, Ohio.
“Stepping Up To New Opportunities”
28 hours of classroom instruction – half-day per week for 7 weeks.
Lead Mentor (facilitator) guides participants through course handbook, critiques weekly assignments.
Completion of a business plan not required, but encouraged.
Since January 2010, 50 participants have completed the program, many dislocated from previous employment.
360 Technical Computer Services. 4 Paws TLC Amy Mitchell LLC Badger BMX Badger State Maintenance Borderline Chroming Bushelle Photography/Janesville Hot Air Balloon Co Dominion Repair and Electrical Services Hansberry Septic Service Ice Arena Maintenance Kelley Process Services, Inc. L&R Woodcrafters
Businesses Launched by
E-Hub Graduates
Land of the Giants Massage in Motion Our Planet Workwear P&Y Painting Reliable Community Shopping, LLC Rock River ESP Rock, Paper, Penn Designs Rose’s Soulful Restaurant Shaggy Dog’s Marinade Stateline Renewable Fuels Suzanne Vinmans, Artist Technobytes Verheijen Designs LLC
Businesses Launched by
E-Hub Graduates (continued)
Entrepreneur Development Scholarship
Developed by Rock County Leadership Development Academy (LDA) Group 3 in conjunction with Community Foundation of Southern Wisconsin to increase entrepreneurship and small business ownership in Rock County.
The scholarship fund will assist Rock County aspiring entrepreneurs and small business owners to participate
in the E-Hub Program.
Why an Entrepreneur Development Scholarship
Rock County has seen great change while weathering economic challenges in past several years
Entrepreneurs continue to launch businesses and face challenges
The E-Hub program provides a “101” course to entrepreneurs to get businesses up and running
Entrepreneurial generation
Applicants who :Currently own a small business in Rock County or propose to run a small business in Rock County.Have a high school diploma or GED/HSED certificate.At least 18 years old.Are not eligible for or receiving other grants or scholarships related to the E-Hub program.Accepted into the E-Hub program.
Who is Eligible for the Scholarship?
$15,000 minimum to establish an endowment and begin assisting students immediately.
Increase new entrepreneur and small business owner participation in the E-Hub program.
Encourage scholarship recipients to pay it forward by volunteering with E-Hub in the future and/or financially contributing to the scholarship fund.
Community Foundation of Southern Wisconsin administers and manages the fund.
Entrepreneur Scholarship
Fundraising Goal
The interest earned on the principal of the endowment will generate revenue to support the fund.
Graduates of the E-Hub program will be encouraged to make a donation.
LDA Group 3 will help educate the community about E-Hub and the Scholarship.
How will the Entrepreneur
Scholarship Fund Sustain Itself?
How Can You Help? Spread the word about Rock County E-
Hub’s Entrepreneur Program Support small businesses in Rock
County Contribute to the E-Hub Entrepreneur
Scholarship Fund
For More Information:
To learn more about Rock County E-Hub, visit www.swwdb.org/ehub.htm
For background information, visit www.urbanhopegb.org
“Like” Rock County E-Hub on Facebook: www.facebook.com/rockcountyehub
Contact Eric Kuznacic, SWWDB Business & Employer Services Manager, at (608) 741-3502 or [email protected].
To donate to this Fund or learn more about Community Foundation of Southern Wisconsin, visit: www.cfsw.org