Small Biz Catalyst
Hello and welcome to Small Biz Catalysts. This show is for struggling small business owners who want to be able to earn a consistent 6 figure salary from their businesses and the economic development professionals who support them.
Explore with us as we delve into innovative strategies, success stories and actionable insights to empower small businesses as catalysts for economic resilience.
Your host, Ayisat Abilogun is a Certified Entrepreneurship Development Professional and the CEO of Financial Leadership Club of America.
Ayisat loves helping small business owners stay resilient so that their business can move past stagnation to growth phase.
In the last 5 years, Ayisat has empowered over 20,000 students and business owner through financial leadership courses, workshops and curriculum.
Let's help your business move from wistful to wellspring.
Stay with us as we delve into today's topic.
Small Biz Catalyst
#27: Building capacity in under-resourced or economically distressed places with Nathan Ohle
Nathan Ohle, CEO of the International Economic Development Council (IEDC), discusses the innovative approach of the Economic Recovery Corps (ERC) program and its impact on economic development. The ERC program focuses on building capacity in under-resourced communities and cultivating the next generation of leaders. It provides tools, resources, and opportunities for entrepreneurs and small business owners to grow and thrive. The program aims to create long-term, sustainable change and drive inclusive and equitable economic outcomes. Collaboration and a willingness to fail are key principles for entrepreneurs and economic development organizations to succeed.
Takeaways:
- The ERC program is an innovative approach to economic development that builds capacity in under-resourced communities and cultivates the next generation of leaders.
- Entrepreneurs and small business owners can benefit from the ERC program by accessing tools, resources, and opportunities for growth and resilience.
- Economic development organizations can get involved with the ERC program by applying to be host organizations for future cohorts or by utilizing the program's resources and learnings.
- The ripple effects of the ERC program include growing investment in communities, driving inclusive and equitable economic outcomes, and fostering collaboration among economic development professionals.
- Two key principles for entrepreneurs and economic development organizations are being willing to fail and embracing collaboration.
Grant:
McKesson Foundation
Eligibility
- 501(c)3 nonprofit organizations or Canadian equivalent
- Programs must be based within the United States or Canada
There are several ineligible organization and request types. Be sure to review the guidelines to determine eligibility.
https://www.mckesson.com
Maximum Grant: not specified
Deadline: April 30, 2025
Guidelines and Application: https://www.mckesson.com/about-mckesson/impact/mckesson-foundation/
Application Period
Requests over $25,000 are accepted from February 1 to April 30, annually.
Requests under $25,000 are accepted year-round.
Resources:
Contact IEDC at www.Iedconline.org
Find out about the EDP and CEcD certification (The Gold Standard in Economic Development Profession)
Learn more at Resources | Small Biz Catalyst
