CHICAGO, IL – In a boot camp of a different kind, the Women’s Business Development Center (WBDC) will celebrate the first anniversary of its Women Vetrepreneurship Program by launching “Back to Basics: Building Your Business Boot Camp” (B2B) in partnership with The PrivateBank. A kick-off celebration will be held at the Pritzker Military Library and Museum, 104 S. Michigan Avenue, on Wednesday, February 5, from 5:30 to 7:30 p.m.
At the event, women veterans will have the opportunity to sign up for a free, 16-week “basic training” program to help them take a business concept from dream to reality. The entrepreneurial training, which deploys Thursday, March 6th, will be held at the Apostolic Church of God, 6320 S. Dorchester Avenue, Chicago.
At B2B, participants will “exercise their entrepreneurial muscle” in sessions that cover business plan development, marketing research, pricing strategies and financial requirements, according to Nicole Mandeville, a Desert Storm Army veteran who is director of the WBDC’s Women Vetrepreneurship Program (WVP).
“Every start-up needs a base map, a tool to build and sustain a viable operation,” Mandeville said. “The WBDC ‘Back to Basics’ boot camp will provide participants with valuable tools to help graduates launch a business that serves as a pathway to economic security, independence and empowerment.”
The B2B training series functions as the entrepreneurial arm of the WVP designed specifically for women veterans and sponsored by The PrivateBank. The PrivateBank will operate and manage a microloan fund specifically for the B2B program graduates, as well as provide content advisors and mentors to participants. The bank will offer loans of up to $10,000 for start-ups and a maximum of $25,000 for qualifying existing business.
“The PrivateBank is proud to work with the WBDC to help our veterans realize their dreams of starting a new business,” said Tom Doherty, Head of Small Business Banking at The PrivateBank. “We know the important difference these businesses can make in their communities and the role good basic training plays in helping these entrepreneurs to succeed.”