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Greetings!

Would a small loan to purchase a new piece of equipment or working capital help your business grow? Did you know that the Merrimack Valley Microloan Fund stands ready to assist local businesses by providing a microloan up to $5,000 with a fixed low interest rate to meet your lending needs and help build up your credit at the same time?

Don’t delay! Find out more
http://www.merrimackvalleysmallbusiness.com/services/microloan-fund/

Right Start Graduates Get Together
Pictured from left to right, Terry Williams, Shelagh Casey of Refind, Kim Scalia of Relovable Dog, Olga Saratova of Olga Saratova Photography, Kristin Wallace, Evangeline Bates of Evangeline Interiors, and Paul Hutchinson.
Thanks to important feedback from our Right Start Graduates and other clients, we’ve been busy making changes to our entrepreneurial trainings and can’t wait to launch two new series this fall!
Our Entrepreneurial Boot Campfor Pre-Concept & Start-Up Businesseswill lead entrepreneurs through defining their personal vision & goals and to determining whether their business concept is a feasible business opportunity. At the end of this very hands-on course, participants will have examined their business ideas from every angle and written a business plan, which will help them decide if the business idea is a “go” or a “no go” before making plans to launch the venture. This training will also include support around the technical steps involved in start-up.
Our Financial Tune Up Boot Camp for Start-Up & Existing Businesses will lead entrepreneurs through the basics of financial literacy and will include the important features of a well run business. Entrepreneurs will learn about financial basics, bookkeeping, inventory management & control, taxes, financing, marketing.
Best,

Stacie Hargis
Director

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SMALL BUSINESS WORKSHOPS CALENDAR  
 
CLICK HERE to be taken to our events calendar.

 
Please RSVP for all workshops and trainings. Fees may apply and will be due at time of class. A fee waiver may be requested, please inquire when signing up.The Center reserves the right to cancel or reschedule a workshop or class due to insufficient enrollment or weather.
FDIC’s Money Smart Series
Joinus as we give the Money Smart financial education

Greetings!
2013 marks our
15th year of providing support to Merrimack Valley entrepreneurs so they can…

We empower entrepreneurs to make the right choices and increase chances for success. As we go into our anniversary year, we have lots of great news to share!  Please stay tuned for more information about our 15th year celebration in September.


MVSBC graduates in May

We recently piloted a Peer-Group Mentoring program to bring a group of microenterprise owners together to discuss issues they face day-to-day. Because of their smaller-size businesses, many owners find themselves working in a silo. When it comes to facing challenges, this group provides a space for thinking creatively with others. If you think you would be interested in this program, please contact Stacie Hargis at 978-322-8401 or [email protected].   

We are launching a Bookkeeping Business! This newly created social enterprise will offer QuickBooks set-up and training for small business clients, and provide ongoing bookkeeping services. We seek to provide a full suite of bookkeeping services to allow business owners to free up their time. If you think your business would like to know more, please contact Charles Nagbe at 978-606-8171 or [email protected]. This is all thanks to a generous capacity building grant provided by the Greater Lowell Community Foundation. 

The MVSBC Microloan Fund serves an important role in the Merrimack Valley community. We know that access to capital is important! 72% of people cannot finance a business themselves. In FY 2013, we helped close over $42K in capital to businesses! For more information our Microloan Program, please contact Kristin Wallace at 978-322-8403 or [email protected].

Summer is in full swing and we are looking ahead, preparing for a fall full of great trainings and workshops.

  • Every Wednesday night, we offer our Financial Tune Up Boot Camp, Developing Your Business Plan or Loan Prep Course to help entrepreneurs learn the basics of financial management or to apply for financing.
  • Every 1st and 3rd Tuesday, come in for our FREE Are You READY…to Start a Business? workshop.  If you want to start a business, this is your first step. This class will guide you through a self-assessment of your business idea and introduce you to the business development services we offer.
  • Starting September 9th, the Entrepreneurial Boot Camp will help you determine whether your business idea is a feasible business opportunity. At the end of this hands-on training, you will have examined your idea from every angle, to decide if it’s a “go” or a “no go”.
  • We also offer affordable online, internet-marketing courses that you can take from the comfort of your own home at your own speed.  This is available through a special partnership with eMarketing4us.com.
  • If you are interested in any of these programs and have any questions, please contact Terry Williams at 978-322-8402 or [email protected].

Best,

Stacie Hargis
Director
Community Teamwork, Inc.’s
Merrimack Valley Small Business Center


CLIENT SUCCESSES

Tomo360, Greater Lowell
Susu Wong is owner of Tomo360, started in November 2012, and an immigrant from Hong Kong. Tomo360 provides small to medium-sized businesses with customized marketing strategies, social media and email marketing campaigns to creatively connect with their customers. Susu signed up for Financial Tune Up Boot Camp in order to better understand how to manage cash flow, sales projections and expenses. Susu has taken advantage of one-on-one counseling and participated in our peer-group mentoring pilot program. Since receiving our services, Susu has seen an increase in her revenue and has even been able to hire an employee.

Learn more about Tomo360

Lowell Naturalization and Citizenship Services, Lowell
After running her business for nearly a year, Marcia Strauss, owner of Lowell Naturalization and Citizenship Services, wanted to learn more skills to manage her business. An immigrant herself from Brazil, Marcia has a great understanding of the needs of her clients. As part of the Financial Tune Up Boot Camp, Marcia learned about the three main financial statements, which she now uses regularly as tools to manage her business and customer credit arrangements. She is also using this new knowledge to help her figure out when she can move her business to a storefront location in the near future. Marcia is currently enrolled in the Merrimack Valley Sandbox’s Accelerator Program and looks forward to merging the knowledge learned from both programs and will continue to participate in our peer-group mentoring program.

Learn more about Lowell Naturalization and Citizenship Services


MEMBER BUSINESS STARTS
Congratulations to the following business starts in the last quarter:


Electronic Horizons held a ribbon cutting in July. 


IN THE NEWS


SMALL BUSINESS WORKSHOPS CALENDAR
Be sure to check out our events calendar to see all the awesome events coming up! 
CLICK HERE