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Access to Capital Academy
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Jan 2010 - The City of Phoenix Community & Economic Development Department Small Business Division (SBD) has been awarded a grant from the Phoenix Community Development and Investment Corporation (PCDIC), a non profit corporation, to implement the Access to Capital Academy. The Academy's mission is to prepare New Market Tax Credit Census Tract businesses and MWSBEs to more successfully access capital by providing technical assistance, customized training, business coaching and practical application.
The Access to Capital Academy is a comprehensive six month program providing education to small, minority and women owned businesses that will develop and strengthen their loan package. Businesses assisted must be located in the New Market Tax Credit census tract. A group of 20-40 businesses will be selected to participate. Participants will meet a minimum of 3 hours every two weeks for classes and Labs. The curriculum includes Writing a Business Plan, Personal Credit, Developing Financial Statements, Bookkeeping Basics, Market Analysis, Forecasting, Loan Packaging, and much more.
The SBD and PCDIC are collaborating with local lenders for referrals and resources and with Phoenix College, who has accredited the course. Upon successful completion of the Academy, business owners will receive 3 college credits. The Access to Capital Academy will begin in February 2010. The cost for the six-month course is $150, which includes the text book, and free coaching and consultant services.
For more information or if you are interested in participating, contact Fatimah Halim at 602-495-0375.
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ROOPA VIROOPA Indian Dance ... more
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