South Elgin Economic Development Council’s Post

As we come to the end of Small Business Month, check out the latest policy brief in our Network for Teaching Entrepreneurship (NFTE) Nexus series focused on “Boosting Small Business Growth: Navigating Policy Complexities and Government Support.”   Small businesses like those our NFTE alumni create are critical to driving economic growth and fostering community innovation, but many of those small businesses struggle to survive beyond their initial years.   Read more in the brief about what can be done to support these early-stage businesses and to launch the next generation of thriving entrepreneurs!   https://lnkd.in/efyMijWp

"If you can separate the feelings from the facts, and know that it is your fiduciary responsibility to always act with the best interest of the company in mind, and look at things from a longer-term perspective, you’ll make better decisions." -Jennifer Lea #entrepreneurship #startups #nebraska

The key to achieving community growth and prosperity is creating a nurturing environment for local businesses. As key stakeholders in our community's development, the first question to ask yourself about the community is, 'Do we have the right conditions for small business startups?' The second question is, 'If yes, what are we doing to support these businesses beyond the startup years?' Over the next ninety days, I will be unveiling a series of strategies, tactics, 'to-dos,' or ideas that could potentially contribute to the creation of a nurturing environment. Are you eager to learn about the first one? Here it is: Establishing a small business advisory board for local government --One of the strategies is the establishment of a small business advisory board for the local government. This board, consisting of seasoned entrepreneurs and business leaders, can offer invaluable insights to policymakers on the practical challenges that small businesses face. By bridging the gap between the government and the small business community, this board can play a pivotal role in shaping policies that truly bolster local entrepreneurship and economic development.

"Immigrant entrepreneurs, like the majority of Latino business owners in Georgia, have been key in stabilizing neighborhoods and commercial retail corridors much like in Detroit, the Great Lakes Region, and towns in Iowa. These businesses generate millions of revenue dollars and hire employees to move the state forward. Hence, the entire community benefits when Latino entrepreneurs reach their potential." - 2018 Georgia Latino Entrepreneurship Study, a research project of the Latino Community Fund (LCF Georgia). Let us help you reach your potential! https://lnkd.in/e_-DnRC4

What is a Social Enterprise and how is the Center for Community Transformation working with them? Businesses can be powerful conduits of economic, social, or environmental change. These types of businesses are called social enterprises. “We spend so much of our time working… we might as well create businesses that make a difference!” says CCT’s Associate Director, Bryan Feil. Learn more about CCT's work with social enterprises & entrepreneurs here: https://lnkd.in/d2dfQcH5

It's such a joy to help impactful groups like Branches Worldwide refine and improve their work. Yesterday we had an interactive workshop discussing a group of leaders' theories of change / impact strategies, and honing their impact outcomes. You are unlikely to hit a vague target! Keep up the good work! #impactstrategy #Kingdomimpact #impactmeasurement

Our latest blog post offers actionable steps to start and nurture your own entrepreneurial community. 🌟 https://lnkd.in/eDMTmG2V #elevatewithus #elevatebygrameen #callingallsuperwomen

Ready to supercharge your child’s entrepreneurial skillset? What better way than to register them for one of our markets!? We're launching more markets TODAY in California, Illinois, Michigan, & Utah at 8am local time. #register #childrensentrepreneurmarket #youthentrepreneurship

Here are a few examples of why V.P.'s entrepreneurship component is so crucial to our young men, region, and county.

Redefining Collaboration Our Journey with the Levantarse 'Rise Together' Programme Jumping into the Levantarse 'Rise Together' programme with Dechomai Ltd has been an adventure. pRESPECT, we've always dreamed of a world where communities aren't just surviving on the breadcrumbs of traditional funding streams but thriving through innovative, collaborative partnerships. Sharing our Mindset and Self-awareness sessions with more than 130 incredible individuals, from teenagers to those in their golden years, from every walk of life, has vividly illustrated why we started this journey. It's been a wild ride, seeing firsthand how outdated funding models can stifle the very innovation they seek to foster, creating unnecessary hurdles for organisations eager to collaborate. But here's where it gets good Our collaboration with Dechomai has been a game-changer and a real-life example of how to break down those invisible barriers to create something genuinely empowering. We've seamlessly integrated our services with Dechomai, witnessing the magic of their dedicated team as they meet people exactly where they're at—inspiring big dreams and providing the tools and resources in the form of partners and experts to chase them. Together, Dechomai crafted a one-stop support hub, not by labelling it but by genuinely listening to and responding to the community's needs. As we wrap up this incredible programme with a final conference, we're not just celebrating our achievements; we're looking ahead, fueled by the support of The Scottish Government pathway funds. This isn't the end but a beacon for what's possible when grassroots organisations, entrepreneurs, and entire communities are given the reins to drive their own change. This journey has been more than a project; it's a loud call to funders, organisations, and all of us in the social sector to think bigger and bolder about how we support and engage with our communities. By embracing holistic collaboration, we're not just dreaming of a more sustainable and equitable future—we're actively building it. Let's keep this momentum going. Together, we can redefine what it means to support and empower our communities, proving that the impact we can create is unlimited when we join forces. #power #communities #entrepreneurship #collaboration #ecosystem.