Tag Archive: Educational Resource
September 1, 2024 11:55 am
Thereʼs a great opportunity for both West Virginia lending institutions and small businesses in need of capital. Small businesses in the Mountain State have a source of capital in the West Virginia Capital Access Program (WVCAP). This program is made possible through the State Small Business Credit Initiative (SSBCI), a component of the American Rescue Plan Act of 2021. The SSBCI provided $10 billion to state programs that support financing for small businesses by leveraging federal dollars along with private capital. The WVCAP program is designed to assist businesses that are creditworthy, but may not fit traditional lending models. WVCAP[...]
August 6, 2024 2:00 am
In the world of startups, securing funding is often a crucial step towards success. For many young entrepreneurs in West Virginia, the West Virginia Capital Access Program (WVCAP) offers a unique opportunity to get the financial support needed to bring their innovative ideas to life. In this blog post, we will explore our collaboration and the role of WVCAP in supporting startups and driving innovation in the Mountain State. Understanding WVCAP and Its Mission The West Virginia Capital Access Program (WVCAP) stands as a pivotal resource for the state’s startup community. Crafted to fill the gap left by traditional lending[...]
January 1, 2024 6:00 am
As entrepreneurs, we often make ambitious New Year’s resolutions to take our businesses to the next level. While this drive and determination are essential for success, it’s important not to let our hobbies fall by the wayside in the process. In fact, embracing our hobbies can actually increase productivity and spark creativity in our entrepreneurial pursuits. In this blog post, we’ll discuss how to balance work and play, and how 3 Steps to Startup can help you become a successful entrepreneur in the new year. We will explain how the power of utilizing your hobbies can help you achieve[...]
November 8, 2023 4:55 pm
Entrepreneurship embarks on an incredible journey characterized by courage, innovation, and unwavering determination, akin to the adventurer navigating a challenging terrain. In this comprehensive exploration, we delve deep into the world of entrepreneurs, much like the hiker embarking on an inspiring trek, to grasp how they employ reason to identify opportunities, aspire to transform their vision into reality and endure the trials and tribulations of the entrepreneurial path. In this blog, you’ll learn: How hiking is akin to the journey of a successful entrepreneur The pivotal role of reason, aspiration, and endurance in the entrepreneurial journey, and how these elements[...]
October 1, 2023 8:00 am
National Book Month is a celebration that reminds us of the transformative power of books and the invaluable role they play in our lives. For small business owners and entrepreneurs, reading is not just a pastime; it’s a powerful tool for personal and professional growth. In this blog post, we will delve into the three facets of reading that every startup owner should embrace during National Book Month and beyond: reading for learning, reading for leading, and reading for leisure. These dimensions of reading can empower you to navigate the complex world of entrepreneurship with confidence and wisdom. In this[...]
September 1, 2023 8:00 am
In a rapidly evolving business landscape, the significance of having a clear and compelling vision cannot be overstated. As we celebrate World Dream Day on September 25th, it’s an opportune moment to delve into the profound impact that a strong vision can have on the success of both new and existing businesses. A vision serves as the North Star, guiding a company’s strategies, decisions, and actions. It not only provides direction but also inspires stakeholders to work towards a common goal. This article explores the importance of vision and how it shapes the trajectory of businesses. In this blog, you’ll[...]
September 1, 2023 8:00 am
Procrastination is a common struggle that many individuals face when confronted with challenging or uncertain tasks. The tendency to put off important responsibilities can hinder productivity and lead to increased stress levels. Recognizing the impact of this habit, Fight Procrastination Day serves as a reminder to overcome procrastination and embrace effective strategies to accomplish critical tasks that may appear difficult or uncertain. In this blog post, we’ll explore practical tips to help you overcome procrastination and make significant strides toward your goals. In this blog, you’ll learn: Discover strategies to conquer procrastination and enhance productivity around challenging tasks. Explore effective[...]
June 2, 2023 9:00 am
On June 20th, we celebrate West Virginia Day – a day to reflect on the state’s history, culture, and achievements. Despite the challenges brought on by the COVID-19 pandemic, West Virginia has much to be proud of. In this blog post, we will explore some of the ways in which our state’s small businesses have thrived in the face of adversity, and the role that entrepreneurialism and innovation have played in driving growth and prosperity. In this blog, you’ll learn: The impact of COVID-19 on small businesses in the US and West Virginia How West Virginia’s small businesses have been[...]
June 1, 2023 9:00 am
West Virginia has a thriving startup scene, with several companies making groundbreaking discoveries and bringing innovative products to the market. One of these companies is Endolumik, a Morgantown-based surgical device company. Companies like Endolumik are succeeding in part thanks to new grants and funding opportunities offered by the West Virginia Capital Access Program (WVCAP) and associated programs that administer its grants. In this blog, you’ll learn: What the West Virginia Capital Access Program is and how it helps small businesses How strategic partnerships with economic development organizations like the West Virginia Jobs Investment Trust help small businesses achieve their[...]
May 9, 2023 9:00 am
In recent years, more and more people have opted to become self-employed and work as solopreneurs. While self-employment offers many advantages, it also presents unique challenges that can impact a solopreneur’s ability to get things done. In this article, we will explore the impact of being a solopreneur on productivity, efficiency, time management, and some WV resources for solo entrepreneurs. In this blog, you’ll learn: The rise of self-employment and the advantages it offers The challenges faced by solopreneurs The impact of being a solopreneur on productivity and efficiency and how to make the best use of your valuable time[...]
