Entrepreneurs and small businesses stimulate job creation, develop crucial innovations in both products and services, and promote the diversification of the economic base. As large businesses downsize, communities must encourage new business startups and design viable support systems for smaller businesses. In this course, you will learn the financial and managerial tools economic developers use to create a climate that encourages entrepreneurial and small business development. Also, practitioners will examine the barriers they face and how communities can leverage their economic development resources to help entrepreneurs and small businesses network and grow.
* Characteristics of entrepreneurs and small business owners
* Identifying and addressing the needs of entrepreneurs
* Providing technical assistance to small business owners
* Development and management of business incubators
* Urban- and rural-focused entrepreneurial and small business development
* Micro-lending programs, SBA programs, venture capital and developing the right financing tools to encourage entrepreneurship and small business growth