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Event Details
*PLEASE NOTE THE CHANGE IN SCHEDULED DATES. Due to extreme weather conditions, we have rescheduled the workshops to Thursday, June 23, and Tuesday, June 28. Times and venue remain the same.
ABOUT THE PROGRAM
The Financial Empowerment
Training Program (FETP) gives small business owners a better understanding of their finances and financial position and helps them apply this understanding to their businesses through workshops (Financials 101 and Preparing for Investment) and counseling.
ABOUT FINANCIALS 101
Particants
will learn what their financial statements say about their businesses
and the criteria that banks look for when lending.
- Understanding
financial statements--learn vocabulary terms, different uses of
different financial statements, and what the numbers say about the
business.
- Understanding bank
lending criteria--learn what banks look for when they evaluate loan
applications and the basic elements needed to obtain financing.
ABOUT PREPARING FOR INVESTMENT
Participants will learn about the various financing options available to them and
what to include in a financing proposal.
- Understanding financing options--learn about debt and equity financing as well as the investor package (angel financing)
- Understanding financing proposal--learn what to include in the proposal in order to obtain financing
EXAM TO GRADUATE
We
encourage all participants to take the graduation exam at the end to assess and
reinforce what they have learned in the workshops. All who pass will be
invited to a graduation ceremony, and selected graduates will have the opportunity to pitch their business concept to a group of angel investors at the Asian American Business Expo on August 13.
EVENT DETAILS*
Financials 101 workshop: Thursday, June 23*, 6 PM to 8PM
Bronzeville Coffee & Tea
528 East 43rd Street
Preparing for Investment workshop: Tuesday, June 28*, 6 to 8PM
Bronzeville Coffee & Tea
528 East 43rd Street
*please note different workshops will be held on different days.
This event and all FETP events are free for participants, thanks to the generous support of Citi Foundation. Register now!
We are holding
multiple workshops in locations in the Loop, Bronzeville, and Garfield
Park. To see a complete listing of all FETP events, click here.
If you have questions about FETP, contact us at cfreemon@chiventures.org or at (312)960-0320.
Where
Bronzeville Coffee & Tea
528 East 43rd Street
Chicago,
IL 60653-2920