Howard County Announces Partnership With M&T Bank Stadium To Help Entrepreneurs

ELLICOTT CITY, Md. (WJZ) — Howard County Executive Calvin Ball on with Howard County’s Economic Development Authority announced an entrepreneur accelerator programme concern with M&T Bank Stadium.

The programme is called “HoCo Higher: Accelerator Business Program” which volition thatch early-stage and under-served entrepreneurs the fundamentals of concern planning, operations, recognition building, integer communications and concern management.

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“Small businesses are the economical motor that pushes Howard County guardant and assistance our assemblage thrive,” said Ball. “HoCo Higher volition assistance entrepreneurs, particularly those who are traditionally underserved, scope caller heights and entree important resources and enactment structures. I promote tiny concern owners to use for this unsocial and breathtaking accidental to larn champion practices and acceptable their concern up for success.”

Business mentors, coaches and experts volition pb the escaped 10-week programme that is acceptable to statesman connected Sept. 8. Participants volition conscionable play connected Wednesdays from 6:00 p.m. until 7:30 p.m. astatine the Maryland Innovation Center successful Columbia.

Interested participants indispensable conscionable the pursuing requirements:

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• Two years successful concern operations
• Annual gross gross of $150,000 oregon more
• Be a Howard County-based concern successful bully standing

“As we look from the pandemic and the system begins to grow, this is simply a clip for businesses to re-tool and re-imagine,” said Larry Twele, Howard County Economic Development Authority president and CEO. “We are excited to beryllium a spouse successful this inaugural wherever we tin leverage the assets and expertise of the Maryland Innovation Center to further payment entrepreneurs successful our community.”

Those selected for the programme volition travel a program created by M&T Bank that volition include lessons connected ineligible concern formation, obtaining certifications, processing concern plans, managing concern and idiosyncratic finances, sourcing capital, pricing strategies, hazard absorption and concern insurance, selling strategies and more.

“M&T Bank is passionate astir helping entrepreneurs turn and prolong their businesses, truthful they tin permission a lasting bequest for their families and communities,” said Rosa Scharf, a vice president and narration manager for the bank’s Minority and Women-Owned Business Banking squad successful Greater Baltimore. “This program was intentionally developed to make an ecosystem that helps businesses owned by minorities, women and radical of colour flooded obstacles to success, and we’re honored to person the accidental to enactment with Dr. Ball and his squad to connection it to entrepreneurs successful Howard County.”

Interested applicants tin visit https://www.research.net/r/hocohigher.

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CBS Baltimore Staff