YPSILANTI – The NewVenture program is being offered for dislocated workers in Southeast Michigan to help them evaluate business opportunities and develop an action plan for creating their own businesses.

Dislocated workers will develop a business concept through each step of the business planning process. Through readings and research, activities and action steps, entrepreneurs will plan and analyze their entrepreneurial vision by creating a thoroughly researched and tested business plan.

“NewVenture is designed to help structure businesses for operational efficiency and plan financial needs to avoid cash flow problems,” said Charlie Penner, Regional Director for MI-SBTDC Washtenaw County area. “It will take them through a ten-step evaluation and action process designed to enhance their companies? performance, now and into the future.”

This program offers non-traditional, experiential learning with hands-on coaching sessions. Opportunities to network and learn from peers as well as the facilitator, business consultants, and guest speakers-seasoned entrepreneurs and professionals who work with entrepreneurs-are a key part of the experience.

The NewVenture for Dislocated Workers program is a partnership with SPARK East in downtown Ypsilanti and the Michigan Small Business & Technology Development Center.

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The Michigan Small Business and Technology Development Center (MI-SBTDC) is initiating a 6 day FastTrac NewVenture program in a condensed form. Those looking to vet new business ideas and put together solid business plans for moving forward could be eligible for full or partial scholarship. The program will be offered starting on May 4th and ending on May 15th.

The 2-week program will be held at Spark East, 215 W. Michigan Avenue, Ypsilanti on Mondays, Wednesdays and Fridays from 8:30 a.m. to 4:00 p.m. beginning May 4th and going through May 15th. The cost of the program is $700 per participant, individuals may be eligible for full or partial scholarship and should contact the regional SBTDC office and speak with Shannon Beeman at or email her at email

[email protected]

The Michigan Small Business & Technology Development Center (MI-SBTDC) enhances Michigan’s economic well-being by providing counseling, training and market research for new ventures, existing small businesses, and innovative technology companies. With regional, satellite and affiliate offices state-wide, the MI-SBTDC network positively impacts the economy by strengthening existing companies, creating new jobs, retaining existing jobs, and assisting companies in defining their path to success. Entrepreneurs and small business owners may access the statewide services of their nearest MI-SBTDC by clicking on MISBTDC.Org

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