GRIND + GROWTH

We Educate + We Inform + We Inspire

Email: contact@grindplusgrowth.com

Registered Charity: CO-496-19

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BUSINESS DEVELOPMENT PROGRAM

Grind + Growth offers an in-depth intensive 10-week training session to support aspiring entrepreneurs in launching business operations, becoming licensed and legally structured. 

OUR WHY...

Many individuals in undeserved communities dream of starting their own business, but with limited access to startup funding and business training classes.  It creates a barrier for them to get started.  Our program is designed to remove those barriers and stimulate economic development.

WHAT IS FASTRAC?

Kauffman FastTrac® NewVenture™ is a flexible course with a solid framework to support entrepreneurs as they start a business and begin their journey to success. The immersive course is designed to provide information, tips, exercises, and tools to help makers, doers, and dreamers think about their business ideas.  Grind + Growth is the only organization in St. Louis, MO who is an affiliate with Kauffman FastTrac® offering the #1 entrepreneurial training curriculum.  This course is for aspiring and established entrepreneurs throughout the St. Louis region. Participants will gain the knowledge and skills needed to launch and grow their businesses – and connect to a network of experienced facilitators, business experts, and other successful business owners across the St. Louis region.  After supporting our students with the essential knowledge needed for their future businesses.  We will contribute to the launch of their endeavors with a financial grant.

THIS PROGRAM IS FOR SERIOUS ENTREPRENEURS WHO:

  • Have identified the area of business they want to pursue.

  • Will commit to starting or expanding their business within 6 months of program completion.

  • Will develop a plan to create new jobs in the community where their business is located.

We serve: 

 

(a) Adults with low to moderate income, who have not yet started a for profit business but have a great idea or 

 

(b) Adults with low to moderate income, who have started a for-profit business that grosses less than $50,000 in revenue.

 

Our goal is to teach aspiring entrepreneurs to:

  • Identify and evaluate opportunities in new or existing niche markets;

  • Build and test your brand/product with potential customers; and

  • Learn how to start, scale and elevate your business strategically. 

 

 

PARTICIPANTS WILL RECEIVE

  • Crowdfunding & Marketing Training- we teach you how to turn your contacts into capital;

  • Curriculum  Materials - we administer a curriculum validated by teaching experts and entrepreneurs;

  • Consulting + Coaching - we provide one-on-one coaching along with consultations;

  • Website Development - we teach you how to build your website & train you on how to maintain it; and

  • Potential Customer Validation - we recruit a pool of potential customers to test your business idea and/or product.

ELIGIBILITY CRITERIA

  • You must be the key stakeholder in your business.

  • Your business must have made less than $50,000 the last fiscal year.

  • Must be passionate and dedicated to making an impact in your community.

  • Have a credit score of 500 or better. The threshold to receive a microloan on completion of the class from a financial institution will normally require a score of at least 625.

  • Have at least a high school diploma or GED

  • Have a valid driver’s license or state identification

  • Proof of current address on above ID or recent utility bill

  • Business Case presentation (5-7 minute presentation explaining why your business is viable or posed for growth and how this program will help your business reach the next level)

What To Expect If Accepted:

  • ​Attend and participate in 80% of class sessions

  • Must present final business case presentation

  • Submit final business plan within established guidelines with financial projections

  • Meet with peer coach at least three times for individual business counseling sessions during the cohort.

  • Upon successful completion of the program students receive a certificate of completion

  • Eligibility for a startup loan and seed money

Weekly Class Outline:

​​​Students that attend and participate in at least 8 of the 10 sessions, write an acceptable business plan with financial projections, and complete a presentation will be eligible to receive a certificate of completion and consideration for a micro-loan and micro-grant.

​​

Concept Analysis

  • ​Week 1 Exploring Entrepreneurship

  • Week 2 Identifying and Meeting Market Needs

  • Week 3 Setting Financial Goals

  • Week 4 Setting Financial Goals (Action Steps)

Business Planning

  • Week 5 Planning the Product/Service

  • Week 6 Researching and Analyzing the Market/Building the Organization and Team

  • Week 7 Planning for a Profitable Business/Monitoring Cash Flow and Seeking Funds

  • Week 8 Implementing Next Steps 

  • Week 9 Business Presentation (Pitch)

  • Week 10 Business Presentation (Pitch)