Press Release: MBF Small Business Training Graduation

Date: June 22, 2016

Media Contact:

Linda Theander-Adam

MBF

(305) 379-7070 Ext. 204

On June 22, 2016, MBF (MBF) celebrated 16 City of Miami small business owners graduating from its third Small Business Training. The graduation ceremony took place 6:30 pm to 8:00 at CAMACOL on 1417 W Flagler St, Miami, FL 33135. MBF’s Board members and workshop guest speakers as well as possible funders attended the graduation. Workshop traineesLunchology and Expressed Juice provided the food and drinks.

The 5 week, 10-session workshop provides business owners with essential tools and skills to grow their companies including compliance, intellectual property, hiring, policies and procedures, real estate, contracts, direct sales and marketing, online marketing, bookkeeping, finances, and accessing capital.

As a new business owner in a very competitive market, the small business training has given us the confidence to become business owners rather than employees.

Lia Ames

Cofounder Lunchology, LLC

The MBF Business Training is essential to any executive that is serious about becoming and remaining viable.

Ed Haynes

President/CEO Haynes Security Services, Inc.

Each session was two-and-a-half hours long and facilitated by Marjorie Weber, a Certified SBA loan originator/processor and SBA Technical Advisor. Each subject was taught by an expert in that field providing insights into current market conditions and opportunities.

In order to graduate, the small business trainees must have attended eight out of the ten classes and submitted an Executive Summary applying the skills they learned throughout the workshop. During the final workshop session the small business trainees presented their executive summaries to a panel of loan agency representatives from Neighborhood Lending Partners Inc., Chase Bank, and MBF.

The first training group consisted of 25 participants that graduated on October 28, 2015. The feedback from the first cohort of students has been overwhelmingly positive. Many students noted that bookkeeping, financial reporting, information on how to acquire loans, and marketing were the most important topics they learned about during the workshop.

For the second training, MBF partnered with Continental National Bank and Florida SBDC at FIU to offer 20 business owners a dynamic, advanced course to accelerate business growth.

MBF’s Small Business Entrepreneurial Training Program fulfills the organization’s mission to advance economic development in the City of Miami by helping minority entrepreneurs grow their companies. In the spirit of advancing economic development in the City of Miami, MBF has also provided 49 loans to minority-owned businesses that have helped create more than 250 jobs in the City of Miami and created partnerships that have helped train more than 200 City of Miami minority business owners.