This content was originally published by the Longmont Observer and is licensed under a Creative Commons license.
Recognizing the importance of entrepreneurship to economic growth and job creation, the nonprofit Entrepreneurship for All (EforAll) announced on April 7, 2020 it is still accepting applications for its free, 12-month Business Accelerator Program in Longmont and the surrounding communities. The application deadline has been extended until May 20th, with classes starting on July 2nd.
“We are facing an extremely challenging and unprecedented time, both in the local Longmont area and around the country,” said David Parker, EforAll CEO. “Yet we’re seeing strong demand for our summer Accelerator among aspiring entrepreneurs who are motivated and determined to either start a business or nonprofit in their community, or pivot based on the new business climate.”
EforAll’s proven approach helps under-resourced individuals successfully start and grow their businesses or nonprofits, across a wide range of industries including personal and professional services, food, manufacturing and online/traditional retail. The program offers a unique combination of immersive business training, dedicated mentorship and access to a professional network. The organization typically offers its programs in-person but it is prepared to deliver classroom training and mentor sessions online if necessary.
Among the businesses started by EforAll participants, 75 percent are owned by women, 56 percent are owned by people of color, 54 percent are owned by immigrants and 56 percent are owned by people who were previously unemployed.
“EforAll was excited to launch its first Accelerator program outside of Massachusetts here in Longmont in 2019,” said Harris Rollinger, Executive Director of EforAll Longmont. “We are committed to helping residents and the community pull through the ongoing economic crisis by supporting local entrepreneurship.”