Project Impact(s):
Business Process, Diversity and Inclusion, Economic Development, Entrepreneurship, Workforce Development
This project is in Plan Phase.
- Please scroll the following to view Beam's understanding of the project's strategy, indicators, expected results, and monitored metrics.
-
Please click this Link to get to the mainline view of the project.
"The program, designed to provide education and business resources to minority business owners, will also educate resource partners of the barriers and opportunities these individuals encounter," according to the release.
The first phase of the program includes a survey of existing minority businesses, available on SMIF's website. This information will inform SMIF and its partners of the immediate and long-term needs of minority-owned businesses.
"We know our region is facing a labor shortage," said SMIF Vice President of Economic Development Pam Bishop. "A key factor in sustaining a strong economy in southern Minnesota is making sure all business owners are getting the necessary support to grow and to encourage aspiring entrepreneurs from diverse, underrepresented backgrounds. We are hopeful that the collaborative nature of The Prosperity Initiative can help us meet these needs."
In addition to Small Business Development Center-Rochester, other partner organizations include Blandin Foundation's Leadership in Ethnically Diverse Communities Program, Community and Economic Development Associates, Greater Mankato Diversity Council, Latino Economic Development Center (Minneapolis), Project FINE (Winona), Region 9 Development Commission (Mankato), Diversity Council (Rochester), and Welcome Center (Austin). — staff reports
Key reports on: Prosperity Initiative
(1) About the program and August 2022 recruting (2) 2018-07-011 Minority Business Conference hosted by SBDC, Diversity Council and Prosperity Initiative
Read more ...
|