The Greater Augusta Black Chamber & GABCC Foundation

Proudly Presents

Intensive Entrepreneurship Training Program

The initiative is part of the Bank of America’s $1.25 billion, five-year commitment to advance racial equality and economic opportunity by focusing on small business, jobs and up-skilling, health and housing.

Capacity Building

Obtain the knowledge and resources to improve your KPIs and operations

Live Seminars

Learn from a variety of subject matter professionals within your industry sector

Funding

We provide micro-funding opportunities to help small businesses

Intensive Entrepreneurship Training Program

The GABCC Entrepreneurship program will be offered in the CSRA area as a comprehensive innovative approach to assist both new and existing entrepreneurs. This program provides four weeks of training and an additional six weeks of coaching and mentorship for new and existing minority-owned business owners and entrepreneurs. The initiative is part of the Bank of America’s $1.25 billion, five-year commitment to advance racial equality and economic opportunity by focusing on small business, jobs and up-skilling, health and housing. At the end of the program, guaranteed grants of $3,000 will be provided after all criteria are met within program guidelines.

Our mission is to foster economic stability for businesses in the CSRA through advocacy, education, networking, discovery, & strategic partnerships.

FDIC SBA Money Smart Small Business

Money Smart for Small Business is an FDIC and SBA Business Training Curriculum for Entrepreneurs. Each of the modules are instructor lead and is taught in various ways and methods according to industry, size, and location.

$125,000 grant from Bank of America

Greater Augusta Black Chamber of Commerce Foundation

The Greater Augusta Black Chamber of Commerce (GABCC) and Foundation unveiled plans for their new Intensive Entrepreneurship Training Program, funded by Bank of America. This program will provide entrepreneurs and small business owners of color with the needed training and capital to be successful in an ever-changing business world.

Formed in 2017, GABCC is a historically Black chamber of commerce in the greater Augusta area that supports minority-owned, women-owned, disadvantaged, and black-owned businesses throughout the Central Savannah River area. GABCC has a growing partnership with Bank of America, which will provide further assistance to business owners in the CSRA area during unprecedented times.

“The partnership with Bank of America will help to carry out GABCC foundation’s mission to enhance the CSRA community through innovative, effective, and equitable programming,” said Ronic West, President, Greater Augusta Black Chamber of Commerce. “Our continued mission is to foster economic stability for businesses in the CSRA through advocacy, education, networking, discovery, and these strategic partnerships.”

 

Funding for Business

Jobs to Create

GABCC Fund Impact Goals

Register for our Upcoming Orientation Online

Capacity Builder Sessions

Workshops, Networking, Business Advocating, Webinars, and More…

Introduction to Entrepreneurship

After completing this module, participants will be able to: (1) Distinguish the myths and realities of small business ownership. (2) Start a self-assessment to determine their readiness to become business owners. (3) Set a plan of action gathering feedback from family, friends and potential customers.

Financial Management

After completing this module, the participants will be able to:  (1) Understand the essentials of financial management and basic recordkeeping. (2) Apply financial management practices, rules, tools, and technology most relevant for small businesses. (3) Prepare for common business financing needs: start-up finance, working capital, and fixed asset loans.

Business Fundamentals

After completing this module, the participants will be able to: (1) Understand the external and internal factors which affect risk for a small business. (2) Recognize the common warning signs of risk for a small business. (3) Implement, monitor, and evaluate a risk management plan for their business.

Credit Reporting

After completing this module, the participants will be able to: (1) Understand how credit reports are used in the underwriting of business loans. (2) Apply common business practices and tools to help in proper credit reporting. (3) Develop strategies to build or improve their business’ credit. (4) Protect themselves from credit-related scams and know what to do if their business becomes a victim.

Tax Planning and Reporting

After completing this module, the participants will be able to: (1) Predict their businesses’ federal, state and local tax liabilities. (2)Prepare for tax obligations and establish proper accounts. (3) Obtain the proper licenses for their business and meet reporting requirements.

Banking Services

After completing this module, the participants will be able to: (1) Recognize the most common banking services for small businesses, including merchant services, payroll processing, business credit and others. (2) Understand how other small business owners decide which banking services to use. (3) Evaluate the applicability of each of banking service to their business needs.

Legal Structure

,,After completing this module, the participants will become familiar with the common types of business formations, including: The pros and cons of business structures: Sole Proprietorship, Partnership,
Limited Liability Company (LLC), Corporation,
S-corporation

Insurance 101

After completing this module, the participants will be able to: (1) Understand their business’ insurance needs. (2) Choose the insurance products that are best for their business.

Marketing/Branding 101

After completing this module, the participants will be able to: (1) Discover how to develop/build an effective brand (2). Learn various marketing methods and strategies to promote your brand (3) Explore case studies on companies that have created effective multi Brands across cultures and geographies (4) Understand how to value and capture returns on your brand,

Business Planning Basics

After completing this module, participants will be able to: (1) Convert a vague idea into a resource plan. (2) Understand how a business plan helps motivate stakeholders to support their business ideas. (3) Understand the importance of personal credit and a healthy relationship with lenders.

Intensive Entrepreneurship Training Program

PROGRAM OVERVIEW

GABCC programming includes business educational workshops, an annual pitch competition, providing technical assistance to business owners and much more. Since GABCC inception, it has held over 300 workshops, meetings, and events. GABCC efforts grew during the pandemic as it quickly transitioned all events online and begin to become one of the leading advocates to obtain capital to assist entrepreneurs and business owners with programs, such as the Intensive Entrepreneurship Training Program.. 

FUNDING AWARDS

The additional six weeks of coaching and mentorship are a critical component of the program to ensure that participants stay engaged, are taking actionable next steps, and have the support they need to succeed. At the end of the program guaranteed grants of $3,000 will be provided after all criteria are met within program guidelines.
.

Join our Online Community

We’ve Inspired and Helped Hundreds of Businesses to Identify and Reach New Goals

One Community. One Voice.