Where Businesses Go to Grow

 


NJ SMALL BUSINESS DEVELOPMENT CENTER AT THE COLLEGE OF NEW JERSEY

Advisors to Mercer & Middlesex Businesses with up to 500 employees

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FOR IMMEDIATE RELEASE

October 11, 2011

Media Contact:
Jody Calendar
732-389-4985
973-353-1927

New Jersey Small Business Development Centers Network Offers Six-Week Training Courses along with Intensive Counseling and Technical Assistance for Unemployed Individuals Who Want to Start a Business

(Newark NJ) -- Due to a grant made available by the New Jersey Department of Labor and Workforce Development (DLWD), the New Jersey Small Business Development Centers (NJSBDC) network is offering a six-week specialized training workshop program for unemployed individuals who want to start a business. The program is known as the "Entrepreneurial Training Program for the Unemployed (ETPU)." The pro bono training courses being offered will be held at various NJSBDC locations throughout the state. The curriculum focuses on an array of topics aimed at helping aspiring entrepreneurs to develop their ideas and better understand the various aspects of starting and running a business.

The initiative provides one-on-one counseling for individuals (at no-cost) who register so that training is also supplemented with customized guidance and advice to would be entrepreneurs. The program will also help program registrants who advance through the 60 hour training program to apply for start-up business financing when conditions are appropriate.

Expert management consultants at the NJSBDC will help individuals learn more about the legal aspects of starting a business, writing a business plan, devising marketing strategies, managing through recordkeeping, accounting, and business taxes. In addition, other training topics include financing a small business, understanding financial statements, and strategic selling strategies. Additional focuses may include building a consulting business, acquiring a business or franchise, tapping procurement opportunities, developing and marketing a business website to increase sales, identifying export opportunities, and commercializing technology into viable products for the marketplace.

"Existing and established businesses of all sizes comprise about fifty percent of the network's client portfolio," said NJSBDC CEO-State Director Brenda Hopper. "In addition, we also assist pre-venture and start-up businesses. This special grant will enable us to serve other markets including those who are unemployed."

"These knowledge-packed courses are staggered on a rotational basis across the state so that people living in different regions are being served appropriately," said Ed Kurocka, NJSBDC Project Manager for the Entrepreneurial Training Program for the Unemployed (ETPU). "We want to provide training, counseling, support services, and increased opportunities for those individuals who meet the definition of a 'dislocated worker' and are seeking to become self-employed."

Since the services are pro bono due to grant funding from the Department of Labor and Workforce Development, interested parties must go through a formal pre-qualifying application process. Individuals must meet certain criteria, which include such factors as: May be unemployed, and eligible for or receiving unemployment insurance benefits; has exhausted unemployment benefits; was self-employed but due to economic conditions is unemployed; may be a displaced homemaker experiencing unemployment, underemployment and finding difficulty becoming employed again.

The preliminary schedule for the launch of this six week training program, supplemented by personalized counseling, in different regions includes:

   - NJSBDC of Northwest NJ (serving Morris, Sussex and Warren counties), October 24, 2011Centenary College Learning Center, 300 Littleton Road, 3rd Floor, Classroom 4, Parsippany NJ;

   - NJSBDC at Rutgers Camden (serving Burlington, Camden, Gloucester and Salem counties), October 31, 2011 Waterfront Technology Center, 200 Federal Street, Camden NJ;

   - NJSBDC at New Jersey City University (serving Hudson County), November 14, 2011, Location to be announced;

   - NJSBDC at the College of New Jersey (serving Middlesex and Mercer counties), December 12, 2011, Location to be announced;

   - NJSBDC at Kean University (serving Union County), January 9, 2012, Location to be announced.

   - NJSBDC at Richard Stockton College (serving Atlantic, Cape May and Cumberland counties), January 20, 2012, Location to be announced;

   - NJSBDC at William Paterson University (serving Passaic County), February 6, 2012, Location to be announced;

For more information, visit the official website of the NJSBDC network (www.njsbdc.com) and click on the ETPU link. Interested parties -who feel they may qualify- can officially register online or by visiting any One-Stop Career Center. Interested applicants can also call (973) 353-1927, or email ETPU@NJSBDC.com.

About NJSBDC:
The New Jersey Small Business Development Centers network provides comprehensive services and programs for small business in New Jersey, helping businesses expand their operations, manage their growth, or start new ventures. Expert staff and practicing business consultants help established small business owners and aspiring entrepreneurs to develop business plans, find financing, identify new markets, and expand their operations. Its specialty programs include procurement, technology commercialization, e-commerce, and international trade. This non-profit network is a federal-state-educational partnership, leveraging public and private funding sources, and further maximizing resources for the small business community. The network leverages funding from the Small Business Administration (SBA), New Jersey State Government, and the educational institutions that host the 11 centers as well as other private funding, sponsorships and grants. The NJSBDC network's head office is headquartered at the Rutgers Business School in Newark NJ. NJSBDC is an accredited member of the national Association of Small Business Development Centers (ASBDC). ASBDC consists of SBDC networks across the country including in the American territories with more than 1,200 centers and satellite offices serving small business. For more information, visit www.njsbdc.com.

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The NJSBDC network (www.njsbdc.com) is the premier provider of comprehensive services and programs for small business in New Jersey. The organization, which consists of 11 centers statewide, helps businesses expand their operations, manage their growth or start ventures. The New Jersey Small Business Development Centers (SBDC) network is partially funded by the U.S. Small Business Administration, the State of New Jersey, and The College of New Jersey. SBA's funding is not an endorsement of any products, opinions, or services. All SBA-funded programs are extended to the public on a nondiscriminatory basis. Reasonable accommodations for persons with disabilities will be made, if requested at least two weeks in advance by contacting 609-771-2947.

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