Container Top
Homes   Jobs   Cars   Shopping
Search

Events Calendar

EVENT SEARCH:

In This Section


Most Read Stories


Blogs:


Pets:
Cat-loving chihuahua suckles seven abandoned kittens

The Heldenfiles:
Sunday Notebook

Patrick McManamon:
Browns sick after sick loss in Detroit

Akron Zips:
Zips advance to Sweet Sixteen

Tribe Matters:
Seven players added to Tribe’s 40-man roster

Cleveland Browns:
Post-game defensive quotes

Kent State Sports:
Kent State defeats Rochester College, 63-44

Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers

Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad

Varsity Letters:
Four area football teams play tonight

All Da King's Men:
The Sunday Sanity Challenge

Blog of Mass Destruction:
Will Health Care Reform Pass?

Akron Law Café:
Health Care Financing Reform: (70) Savings in Medicare Advantage

See Jane Style:
Vintage Chic

Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED

Let's Talk Real Estate:
Faye Dunaway to be Evicted?

Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.

Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall

HRLite House:
Personal Rant – You are All Wrong About Jobs, or the Lack of Jobs, Being the Reason People Do Not Live in NEO

Akron Gamer:
Nintendo's Mario endures even as games come and go

Accelerating business

New program to help minority-owned companies

By Paula Schleis
Beacon Journal business writer

Minority Business Accelerator 2.5+ is open for business.

The new business-development program is aimed at Northeast Ohio black-owned and Hispanic-owned companies with annual revenues of at least $2.5 million.

The intent is to help those businesses grow in size, scale and infrastructure by identifying business opportunities for participants.

The goal is to assist at least 12 companies in the first year, although the program's Web site offers other resources to small, disadvantaged, women-owned, or other sizes of minority-owned businesses.

The decision to focus on developing larger businesses was influenced by research that shows those companies have more potential for creating jobs and impacting the overall regional economy.

Also, the likelihood of such companies to hire more black and Hispanic workers — the region's two largest minority groups — will stimulate economic activity in those communities.

The accelerator, with initial funding through a $1 million grant from the Fund for Our Economic Future, will be operated by the Commission on Economic Inclusion, the Hispanic Business Association, JumpStart Inc. and the Northern Ohio Minority Business Council.

The program also will reach out to large Northeast Ohio corporations by encouraging better use of minority-owned suppliers.

''It's essential that we work on both the supply and the demand side of the minority business-development equation, so that the minority supplier and the corporate customer are ready to do business with each other,'' said Andrew Jackson, executive director of the Commission on Economic Inclusion.

For information, call 216-592-2488 or visit the Web site at http://www.mbaccelerator2-5.com.


Paula Schleis can be reached at 330-996-3741 or pschleis@thebeaconjournal.com.

Minority Business Accelerator 2.5+ is open for business.

Get the full article here.


Story tools

Email  Email   Print  Print   Save  Save   Reprint  Reprint   Popular  Most Popular   Reprint  Subscribe

Share this story

AddThis Social Bookmark Button
















Most Commented Stories