Estimated read time: 2-3 minutes
Business is booming in Utah. As the best state to start a business in 2024, according to WalletHub, our state is consistently a place welcoming innovation and entrepreneurship. That's because here in Utah, we recognize that business owners are stewards of our economic ecosystem, constantly contributing to our long-term success and prosperity.
To continue providing support for new businesses and entrepreneurs who call Utah their home, the Salt Lake Chamber and the Women's Business Center of Utah have launched the Diverse-Owned Business Accelerator.
The four-week cohort program, made completely free thanks to Bank of America and the Semnani Family Foundation, is designed for diverse small business owners to enhance skills, direction or strategy for their businesses.
What you'll learn:
- How to design and niche your business to be more competitive and outline a roadmap with milestones toward your exit strategy.
- How to construct and utilize a brand style guide for consistency in brand and effective marketing.
- How to clarify your revenue streams and COGS/fixed expenses and identify your break-even point and then confidently adjust pricing and sales goals.
- How to systematize and automate processes and create a list of outsourcing options to multiply accomplishments.
- How to establish a 90-day action plan to make progress toward your exit strategy.
Why the program might be the perfect fit for you:
Immediate implementation:
The Diverse-Owned Business Accelerator is designed to dive into what matters most for your business. The cohort meets every Thursday for four weeks with practical project assignments that can be seamlessly integrated into your business, accelerating your progress. Get ready to roll up your sleeves and put your lessons into action right away!
Expert mentorship:
This program was created by business owners, for business owners. Participants have the unique opportunity to tap into the wisdom of experienced entrepreneurs, industry experts and business professionals who are dedicated to helping you overcome challenges and seize opportunities.
Craft an unforgettable brand identity:
Many business owners know their goals but have a harder time executing their visions. The Diverse-Owned Business Accelerator will help you unleash the true essence of your brand as you create a captivating brand style guide. Watch your business identity come alive, leaving a memorable mark on customers and setting you apart from the competition.
Zero cost, infinite value:
Thanks to the generous sponsorship from Bank of America and the Semnani Family Foundation this four-week accelerator program is entirely free, despite its $5,000 value. Cohort graduates are guaranteed to benefit from invaluable insights, mentorship, and resources with zero financial burden – so what are you waiting for?
If you're willing and able to dedicate four hours per week for four weeks, the instructors would love to have you in the spring 2024 cohort! The program runs March 7-28. Apply for the Diverse-Owned Business Accelerator here.
