A new program in Aurora to assist small business growth
The city of Aurora, Ill., is encouraging its entrepreneurs to join a new free support and training program in an effort to help develop the city’s small businesses.
The program, Scale Up Aurora, is offered through a partnership with the Women’s Business Development Center in Aurora. It is intended to help develop communities that assist the successful expansion of high-potential and growth-oriented entrepreneurs who run small businesses with annual revenues between $150,000 and $750,000. The program, offered to male and female entrepreneurs, is funded by a grant from the U.S. Small Business Administration.
Scale Up Aurora is made up of free training, technical assistance and business planning. After completing the 12-week program, entrepreneurs can access capital loans to use to develop their business. The program includes a three-hour class once a week, individual counseling sessions, workshops, mentoring, CEO roundtables and networking opportunities.
To qualify for the program, entrepreneurs must meet the annual revenue requirement, have at least two employees (including contractual (1099) employees), have been in business for at least two years and commit to attending the program classes for the entire 12 weeks.
Entrepreneurs interested in Scale Up Aurora must apply by Feb. 27. Applications are available at www.wbdc.org.