SEED WILL HOLD BUSINESS WORKSHOPS IN PROVIDENCE

RISBJ Staff | May 20, 2016

PROVIDENCE RI-The South Eastern Economic Development (SEED) Corporation and sponsor Home Loan

Investment Bank will hold two basic business workshops in Providence aimed at assisting

potential and existing entrepreneurs.

The free workshops are being held in cooperation with the U.S. Small Business

Administration, RI District (SBA), Rhode Island Commerce Corporation, Center for

Women & Enterprise (CWE), City of Providence/Economic Development, Rhode Island

Small Business Development Center (RISBDC), and SCORE.

Both workshops will be held at the Hatch Entrepreneurial Center, 244 Weybosset Street,

Providence, on Thursday, June 2, 2016.

Session I

“Learn the Fundamentals in Planning, Preparing, and Financing Your Business”,

9:00 a.m. to Noon. Registration begins at 8:30 a.m. Breakfast will be provided for all

participants.

This workshop is geared toward helping potential entrepreneurs evaluate and understand the

fundamentals of owning one’s own business. Information on how to get started, where and how

to get financing and the loan application process will be presented. Attendees will also be

provided with a free guide to writing a business plan and other materials.

Session II

“Understanding the Purpose of Financial Statements and How They Can Help Determine

the Health of Your Business”, 1:00 p.m. to 4:00 p.m. Lunch will be provided for all

participants.

The focus of this workshop is to help attendees understand a balance sheet, income statement,

and cash flow statement. The workshop also explains how a small business owner can anticipate

financial needs in order to operate his/her business more efficiently.

Please call SEED Corporation at 508-822-1020 x 318, to register for either or both sessions

by Thursday, May 26th and for directions to the Hatch Entrepreneurial Center. SEED

Corporation holds this entrepreneurial workshop series on a monthly basis throughout the region.

For information on future sessions, please contact SEED.

SEED Corporation is a non-profit organization certified by the U.S. Small Business

Administration (SBA) and designated as an Intermediary under the SBA’s Microloan Program.

This program is designed to provide loans to new and existing business owners in amounts

up to $50,000.

As a regional economic development organization, SEED also offers a full range

of financing programs providing loans up to $5.5 million to assist small businesses to grow and

create jobs in Massachusetts and Rhode Island. SEED works with other economic development

and financing institutions throughout the region to ensure that individuals who are committed to

owning and operating a small business in the region are able to get the assistance they need to be

successful.

For more information on SEED and its programs, please call the SEED office

at 508-822-1020 or visit SEED’s website at www.seedcorp.com.