MBA students and 2012 Business Plan Contest winners, Joe Lahita '12, '13g and Eddie Monroy '12, '13g, shared the valuable skills they acquired through the contest with local entrepreneurs. Joe and Eddie developed a two-session boot camp for Business HOPE participants. The sessions, held in September, were very well received, and highlighted marketing strategies, sales projections, and SWOT analysis.
Eddie said, "I was honored and privileged to share in the spirit of entrepreneurship and help the local business community."
Business HOPE is a program sponsored by HOPE's Fund, an initiative of the United Way of Ulster County. It is a small business program for local women who want to start or expand their own small businesses but who need advice, guidance, mentoring, technical support, and financial assistance.
Marisa Goudy, one of the participants, said she learned a great deal. "And, best of all, it got me thinking about my business in a new way."
At the conclusion of these sessions, one participant incorporated her business and three participants received grants from the United Way of Ulster County to finalize their business plans and/or to use as start-up funds.
Jan Bell, Assistant Coordinator of HOPE's Fund and member of the School's Business Advisory Council, brought this project to the School. "I was so impressed with the knowledge, expertise, communication skills, and maturity of the two students who conducted the work sessions. I could not have wished for anything better."
Joe and Eddie will provide continued assistance as needed to Business HOPE.