Minority Business Development Program

Minority Business Development Program Criteria and Application

 

The Minority Business Development Program is for potential entrepreneurs with an idea or business concept (pre-start-up stage) and minority business owners whose companies have been in business less than one year. Selected entrepreneurs will spend ten weeks in a virtual classroom with subject matter experts presenting topics critical to launching start-up businesses as well as give outside homework. The curriculum features Lean Launch and Business Model Canvas business concepts.

Upon completing the program, graduates will receive a small stipend and present their idea to a judging panel in a competition for cash and in-kind services.

 

APPLICATION DEADLINE IS JANUARY 31, 2021.

 

When:  Thursdays – February 25 to April 29, 2021

5:15 to 8:15 p.m.

 

Where: Virtual (until classroom is allowed)

 

Minority is defined by federal guidelines: 51% owned, operated and controlled by African-America, Hispanic, Asian or Native American.

 

Sponsored by PNC Bank, Hancock Whitney Bank and The Melton Center for Entrepreneurship and Innovation at the University of South Alabama.

Partners: The University of South Alabama, the City of Mobile, Innovation Portal, Mobile Area Chamber of Commerce and the Alabama Small Business Development Center.


For more information, contact Don Mosley at dcmosley@southalabama.edu or 251-460-6730 or Danette Richards at drichards@mobilechamber.com or 251-431-8652.