• Accelerator program • Business coaching and mentoring • Business networking community and events • Entrepreneurs show and tell events • Bilingual English and Spanish

Collab Accelerator 

The Collab Accelerator is an 12-session hybrid program for entrepreneurs who want to create positive change in their communities by building unique businesses and organizations. 

Entrepreneurs who fit best and get the most out of the program demonstrate: 

• Willingness to Learn: This program includes weekly 1-on-1 coaching and workshops where you’ll be introduced to new ideas and other perspectives. Entrepreneurs who benefit the most from this program have a willingness to have their ideas and processes challenged and refined.

• Commitment and Availability: This program is intensive. Participating in the Collab Accelerator will ask for your time, attention, and focus. In order to get the most from the program, it is preferred that you are able to give your undivided attention and access shared documents during workshops and 1-on-1s. Workshops take place Wednesday evenings 6-8pm, and 1-on-1s occur weekdays 9am-5pm.  

• Passion for Community Building: Collab is committed to creating an anti-racist, inclusive, and vibrant entrepreneurial community, and seeks to hold space for Black, Latinx, and women entrepreneurs. Our community of entrepreneurs come from all backgrounds but share this commitment to fostering a safe learning environment for their fellow cohort members. 

ACCEPTED ENTREPRENEURS RECEIVE: 

• Workshops: Via Zoom, a spot in a workshop series on leadership and entrepreneurship, including customer discovery, value propositions, business planning, legal 101, accounting 101, marketing 101, and more.

• Weekly 1-on-1s: Via Zoom, 1-on-1 coaching sessions for strategic goal setting and accountability

• Mentor: A mentor from the Collab Mentor Network

• Fundraising: Connections to potential funders post-program

• Technical Assistance: Case-by-case pro bono services from our partners (legal, marketing, etc.)

• Graduation Ceremony: Opportunity to celebrate completion of program with the Collab community.

The Minority Business Growth Program (MBGP) will provide students with knowledge and access to resources to help their business scale and thrive while taking part in a shared collaborative experience. 

At Connecticut Small Business Development Center (CTSBDC), we believe small and minority businesses are an important component for building and sustaining vibrant communities, therefore, a key objective of the MBGP is to help business owners understand essential drivers for growth.

Your MBGP journey will commence with a critical review of your business, its operational capability, performance, and resource adequacy to build a snapshot of your business status. Your journey will continue over eight engaging sessions where you will receive valuable information from subject experts, participate in practical exercises, networking sessions, and be guided through operational and technical challenges that are common to many small businesses.

1. Budget and Credit Education: Achieving personal financial stability is the first crucial step towards building a thriving business. Our certified counselors will provide comprehensive budgeting techniques and credit management strategies. Learn how to effectively manage your expenses, track your income, and make informed financial decisions that set the foundation for your business's financial health.

2. Counseling for Business Readiness: Starting a business demands a strong foundation of knowledge and preparation. Our seasoned counselors will work closely with you to assess your business concept, refine your business plan, and identify potential financial challenges. With our guidance, you'll be better equipped to address market trends, competition, and target audiences, ensuring your business concept is well-positioned for success.

3. Personalized Financial Roadmaps: Every entrepreneur's journey is unique. Our experts will collaborate with you to create a personalized financial roadmap that aligns with your goals, aspirations, and current financial situation. This tailored approach ensures that you receive the most relevant guidance and support on your path to entrepreneurship.

4. Credit Repair and Enhancement: Your credit score plays a pivotal role in securing financing for your business. We provide strategies to repair and enhance your credit profile, helping you access the necessary funds to start or expand your venture. Our guidance will empower you to make informed decisions that positively impact your creditworthiness.

5. Business Financing Guidance: Navigating the world of business financing can be overwhelming. Our Small Business Services team will demystify the process, helping you explore various funding options such as loans, grants, and angel investments. Learn how to prepare compelling funding applications and create a solid financial presentation that attracts potential investors.

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