The South Eastern Economic Development (SEED) Corporation and sponsor Webster Bank will hold two basic business workshops in Newport aimed at assisting potential and existing entrepreneurs.
The free workshops are being held in cooperation with the U.S. Small Business Administration (SBA, R.I. District), RI Small Business Development Center (RISBDC), Newport County Chamber of Commerce, Commerce RI, Center for Women & Enterprise, and SCORE.
Both workshops will be held at the Newport County Chamber of Commerce, 35 Valley Road, Middletown, on Wednesday, March 16, 2016. The details of each workshop are provided below:
“Learn the Fundamentals in Planning, Preparing, and Financing Your Business”,
10:00 a.m. to 1:00 p.m. Registration begins at 9:30 a.m. Breakfast will be provided for all participants.
This workshop 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.
“Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business”, 1:30 to 4:30 p.m. Lunch will be provided for all participants.
The focus of this workshop is to help 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.
Please call SEED Corporation at 508-822-1020 x 318, to register for either or both sessions by Wednesday, March 9th and for directions to the Newport County Chamber of Commerce. SEED Corporation holds this entrepreneurial workshop series on a monthly basis throughout the region. For information on future sessions, please contact SEED.
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 up to $50,000.
As a regional economic development organization, SEED also offers a full range
of financing programs providing loans up to $5.5 million to assist small businesses to grow and create jobs in Massachusetts and Rhode Island. 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 in the region 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.