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SBDC launches entrepreneurial institute for region

Coalition of investors, attorneys, academia join forces

Posted: December 12, 2012 2:00 a.m.
Updated: December 12, 2012 2:00 a.m.
 

A new program for entrepreneurs, the Center for Entrepreneurship and Growth, unique only to the region served by the Santa Clarita-based Small Business Development Center, just launched to provide a wide range of services to small business owners throughout the San Fernando, East Ventura and Santa Clarita Valleys.

The SBDC announced on Monday that it has partnered with California Lutheran University - CLU, the law firm of Homeier & Law, and the Maverick Angels investment network to establish a new program to support economic growth through entrepreneurs.

The Center’s first initiative will be to offer a six-week ‘Institute’ program, which will launch in January 2013. The program will include training and coaching provided by business experts from each of the founding organizations. It will be held on the CLU satellite campus located in Woodland Hills.

“Over the last year we interacted a number of times with Maverick Angels,” said Steve Tannehill, executive director with the SBDC. “And then Cal Lutheran opened their facility in Woodland Hills. We all got together and started talking about what would be the next logical step for us to support entrepreneurs.”

For the first time, small business owners and entrepreneurs with high-growth potential across the region will have access to a comprehensive, six-week training and consulting program delivered by four top tier organizations, and geared to take them to the next level of growth and success, he said.

The Center expects to select up to 20 applicants to take part in the first Institute.  

Participants will be chosen through a competitive selection process, with all applicants asked to complete an on-line application and commit to completing the entire six-week program.

The coalition of business organizations and CLU will review and evaluate the applicants, Tannehill said.

“We’ll be looking for somebody who feels they have their company poised for the next stage of growth,” he said. “Ideally, we’re looking for people who have their base down and are ready to open new locations or launch new products. They already have their infrastructure, vendor relationships, or manufacturing processes sketched out.”

The program can benefit anyone with a brick-and-mortar based business to an online entrepreneur, Tannehill said.

Entrepreneurs selected for the program will have six-weeks of training, with two sessions per week, he said. One session will involve a presentation on a specific topic, and the second weekly session will be an in depth group discussion as to how the topic applies to their business.

Each participant will also have one-on-one coaching from the four organizations that put the program together, Tannehill said. And they’ll have the opportunity to meet with key leaders from all four organizations.

“And, each of the four groups will be reaching out to their network of contacts when mentoring an entrepreneur,” he said.

Entrepreneurs are not required to give up any equity in their company to participate in the program. But, tuition for the inaugural program is $545. Future programs will be priced closed to $1,000.

The deadline for submitting an application was moved to December 17; and chosen applicants will be contacted via e-mail by December 21. For more information and to apply, go online to callutheran.edu/management/centers/.

jana@signalscv.com

661-287-5599

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