When considering a business venture there are so many questions to ask and answer and the unknown can be overwhelming. The School of Business at Neumann University, through a generous grant provided by the Center for Leadership, has endeavored to help answer some of those questions. This website is designed to help consolidate resources from a variety of locations in and around the Philadelphia area to provide a starting place for would-be entrepreneurs.

scoreScore has been around for more than 50 years. This organization is funded in part through the U.S. Small Business Administration and provides both free or low cost, in-person workshops on a myriad of topics. Due to their government funding and more than 10,000 volunteers SCORE can provide much of what they offer for at no cost. Businesses can sign up for a mentor, job free webinars and meet with experts who have done this before. Score is a resource all entrepreneurs should review.

Logo-Am-SBDC-SBDCsAnother government funded organization to help entrepreneurs is the SBDC. Small Business Development Centers are generally hosted by colleges and Universities around the country. The SBDC has several free workshops and also at-cost training. There are many success stories behind the SBDC, and you can be next. The SBDC is another wealth of information for would be entrepreneurs. A few local Universities have an SBDC. Temple University, Widener University and Lehigh University.

bricLocated in the Free Library of Philadelphia, the BRIC offers many free or low-cost resources and programs for the entrepreneur. Further, the Free Library of Philadelphia is one of three Patent and Trademark Resource Centers in the state of Pennsylvania.

indexLocated in the Science Center, which was founded in 1963 to support innovation, Quorum offers free programs to connect investors to entrepreneurs. Quorum has several signature programs available and a drop-in space to work and connect.

THE LAW AND
ENTREPRENEURSHIP

Dealing with laws and setting up businesses legally can also pose considerable challenges to the up and coming business owner.

THE ENTREPRENEURIAL LAW CLINIC

law295x73-gold-bluebckgrd-semi-transparentThe Entrepreneurial Law Clinic provides experience for students going to law school to assist entrepreneurs in their need for legal advice. The students work with the director of the program and advisory board members to assist businesses in items ranging from entity formations, leases and contracts.

FUNDING

Show me the money!

Many entrepreneurs wrestle on how to get funding for their business. The lists provided here are simply for information to research. They do provide potential funding streams, but all require some work from you! Additionally, some incubators or accelerators have a cost associated with them, therefore, check the fine print! Some even require an equity stake in the company, so best to check with the free law services before you sign on to anything.

There are many other funding streams available to the entrepreneur that are business specific. Some investors are experts in the health care field and others focus on technology startups. Spending the time to research and finding a match for your business is well worth the effort.

Here are a few examples.

  • DREAMIT
    DREAMIT has provided startups with access to potential investors in health technology, security technology, and real estate and construction technologies.
  • Ben Franklin Technology Partner
    Over the past 30 years Ben Franklin Tech Partners has launched more than 1,000 companies and invested millions in expanding the landscape of Information technology in the area.

Additional investors.

  • First Round Capital
    While mostly based in California, they have made some investments on the East Coast.
  • FedEx Small Business Grant Contest
    FedEx not only 'delivers', but they may deliver your startup funding. There are some things to do to apply for this one, but it might be worth exploring.

 

For more information about our upcoming offerings in Entrepreneurship, please e-mail, Dr. Eric Wellington, Dean, Business at wellinge@neumann.edu