The Illinois Community College Board recently awarded a $166,787 grant to College of DuPage to support the FY 2011 Workforce Development Grant: Business and Industry Services Component. Funding will be used by COD’s Center for Entrepreneurship to support operations of the Small Business Development Center, International Trade Center and Procurement Technical Assistance Center from July 1, 2010 to June 30, 2011.
The Center for Entrepreneurship provides training and individual counseling services to entrepreneurs and small business owners/managers. The SBDC provides consultation and assistance on topics ranging from financing, management, acquisitions, planning, organizational structure, business launch and other issues critical to business growth and survival. Access opportunities for organizations interested in securing government contracts are promoted through the PTAC, and expert guidance is provided for Illinois companies seeking to export products and services.
Continued funding is contingent in part on success performance outcomes. In FY 2010, 76 entrepreneurship seminars and workshops were conducted for 1,132 participants; 926 individuals obtained management counseling; 432 businesses received counseling services and 407 contracts worth more than $85 million were secured; 602 small businesses were started, expanded or retained in the area, creating 213 jobs and retaining 350 jobs; and employment and training services were provided for 125 unemployed individuals.
In addition, a variety of workforce and economic development collaborations within District 502 were significantly enhanced, including the Minority Small Business Growth Initiative with Northern Illinois University that engaged 300 minority and woman owned businesses in a variety of technical assistance and training activities.
For more information, call COD Grants Director Carol Anglet at (630) 942-2461 or
e-mail anglet@cod.edu.
10/29/2010
COD Receives $166,787 for Center for Entrepreneurship — Glen Ellyn news, photos and events — TribLocal.com
via triblocal.com
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