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National Black MBA Assoc. Inc. Launches Entrepreneurial Institute Tour
By Sentinel News Service
Published June 4, 2009

Organization seeks to drive bottom-up economic recovery for black professionals with five-city tour

The National Black MBA Association is positioning the current economic downturn as the turning point of a lifetime for blacks who have considered–or who must now consider–entrepreneurial endeavors. The organization has partnered with State Farm to present its 2009 NBMBAA Entrepreneurial Institute City Tour, a series of business-building resources, advice and opportunities for enterprising individuals who are committed to creating jobs, building wealth, and participating in the economy’s recovery.

The five-city (Atlanta, Chicago, Houston, Los Angeles and Philadelphia) tour will feature full-day immersion programs designed to give practical lessons and insights to individuals who seek to establish or expand an enterprise in a challenging economy. The NBMBAA Entrepreneurial Institute will offer two tracks: start-up, for new/aspiring entrepreneurs, and growth, for existing entrepreneurs.

The event will be held Saturday, June 6, at the Westin Bonaventure, 404 S. Figueroa St., Los Angeles, 9 a.m.–3 p.m.

The keynote speaker will be 2008 BET Honors Entrepreneur of the Year Janice Bryant Howroyd, chairman, founder and CEO of ACT- 1., a minority owned staffing agency and one of the largest women owned businesses in the country.

Sessions include:

– NBMBAAA Innovation WhiteBoard Challenge Semi-Finals, where attendees will present their product concept or business idea for a chance to win $1,000 and advance to the whiteboard challenge finals during the organization’s annual conference in New Orleans, which will offer a $10,000 grand prize.

- I Want to Be an Entrepreneur…What is the Business Model that Best Fits Me? (Start-up)

- What’s That All About? The American Recovery & Reinvestment Act and the Certification process (Start-up)

- Hide & Seek: Finding and Keeping Customers With Effective Sales Strategies (Growth)

- Growing a Business: Gaining Access to Capital (Growth)

- Networking Know-How

“Our economy and our communities thrive when entrepreneurs thrive,” says NBMBAA President and CEO Barbara L. Thomas. “With corporate partners like State Farm, we want to usher in a second renaissance for black entrepreneurs and communities by fostering and encouraging development through this national tour.

To register or learn more information, visit www.nbmbaa.or


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