Program overview and goals
In an effort to improve the economic conditions of young women in Ghana, West Africa, the Institute for Promoting Health, Education, and Technology (iPHET) in collaboration with Penn State Small Business Development Center (SBDS) and SCORE. The local association of Business Educators of central Pennsylvania planned a pilot program, which will include:
- an intensive workshop on “Starting a Business and Building a Comprehensive Business.” Conducted by SBDC.
For 2015 inaugural program for improving women economic condition, a group of participants from Ghana, a West African country, Egypt, and State College PA. are selected to begin with the intensive workshop on July 7, followed by a day long personal enhancement session.
Starting a Business and Building a Comprehensive Business Plan
July 7, 2015 – @ 9:00 AM - 12:00 Noon
Penn State Small Business Development Center (SBDS)
200 Innovation Blvd, University Park, PA
Program Overview, Goals and Objectives Provided by SBDS
Have you always had a dream to start your own business but didn’t know where to start? This workshop will help aspiring entrepreneurs to begin the process of successful business ownership, including evaluating business ideas, developing a business plan, and exploring financing options.
Learn from a business consultant about:
lifestyle requirements of business owners
how to assess the feasibility of your business idea
the legal and tax implications of owning a business
how to develop a business plan
how to compile a bank-ready financial package
how to market your product or service
the health and safety regulations that may apply to your business
why both a marketing and financial plan are needed
where to find other resources that may help you succeed
Personal skills workshop
These sessions will be conducted by selected Penn State Women faculty members and local businesswomen lead by Dr. Grace Hampton.
Participants will learn the basics of starting a business
Complete a comprehensive business plan
Program Requirements for Ghanaian Participants
Participants must be passionate about being independent and ready to improving their economic condition
They must have interest in starting their own business in the future
Must be currently employed and/or must be enrolled in school
Should be ready to sponsor their trip or should have a sponsor with a supporting letter of sponsorship
Participants will be assigned a mentor; therefore, they should be prepared to stay in touch as their mentors will continue to guide them over the Internet
Must be prepared to return to Ghana after the program
Application Form must be completed and emailed to firstname.lastname@example.org