SEED Will Hold Day Long Workshops in Providence

The South Eastern Economic Development (SEED) Corporation and Bristol County Savings Bank will hold two basic business workshops in Providence aimed at assisting potential and existing entrepreneurs. 

The free workshops are being held in cooperation with the U.S. Small Business Administration (SBA), RI District Office, RI Small Business Development Center (RISBDC), the Greater Providence Area Chamber of Commerce, RI Economic Development Council, Center for Women & Enterprise (CWE), and SCORE.

Both workshops will be held on Thursday, June 20, 2013 at the Larry Friedman International Center for Entrepreneurship, Johnson & Wales University, TACO Building, 10 Abbott Park Place, Providence.  The first of these workshops entitled “Learn the Fundamentals in Planning, Preparing, and Financing Your Business” will be held from 9:00 a.m. to noon.  Registration begins at 8:30 a.m.  Breakfast and lunch will be provided free of charge to attendees. 

This workshop is geared toward helping potential entrepreneurs evaluate and understand the fundamentals of owning one’s own business.  Information on how to get started, where and how to get financing and the loan application process will be presented.  Attendees will also be provided with a free guide to writing a business plan and other materials.

The second workshop entitled “Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business” will be held from 1:00 p.m. to 4:00 p.m. 

The focus of this workshop is to help attendees understand a balance sheet, income statement, and cash flow statement. The workshop also explains how a small business owner can anticipate financial needs in order to operate his/her business more efficiently.

Please call SEED Corporation at 508-822-1020, to register for either or both sessions by Thursday, June 13th and for directions to the TACO building.  SEED Corporation holds this entrepreneurial workshop series on a monthly basis throughout the region.  For information on future sessions, please contact SEED. 

SEED Corporation is a non-profit organization certified by the U.S. Small Business Administration (SBA) and designated as an Intermediary under the SBA’s Microloan Program.  This program is designed to provide loans to new and existing business owners in amounts up to $50,000.

As a regional economic development organization, SEED also offers a full range of financing programs providing loans up to $5.5 million to assist small businesses to grow and create jobs in Massachusetts and Rhode Island.  SEED works with other economic development and financing institutions throughout the region to ensure that individuals who are committed to owning and operating a small business in the region are able to get the assistance they need to be successful. 

For more information on SEED and its programs, please call the SEED office at 508-822-1020 or visit SEED’s website at www.seedcorp.com.

Bristol County Savings Bank, founded in 1846, is a full-service financial institution offering commercial lending, personal and business banking, and mortgage services.  The Bank’s Financial Advisory Services division has successfully assisted businesses, individuals and non-profits with the management of their assets since 1989.  In addition, the Bank also offers quality property and casualty insurance options for its customers through its majority-owned insurance subsidiary, Farrell Backlund Insurance Agency.

The Bank’s steady growth and expansion has resulted in $1.4 billion in assets and just over 300 employees in southeastern Massachusetts and Rhode Island.  The key words at Bristol County Savings Bank are: “Commitment, Stability, and Community,” values that are combined with state-of-the-art technology to meet the needs of its customers.  A dedicated local community bank for over 165 years, Bristol County Savings Bank is actively involved in giving back to all the communities it serves both through financial support and the volunteerism of its people.

The Main Office and Corporate Headquarters of Bristol County Savings Bank are located on Broadway in Taunton, MA. For additional information, please call 508-824-6626 or visit www.bristolcountysavings.com.

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Click here for more information on SEED’s Small Business Workshops

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