Employment is one of the greatest barriers to the success of returning citizens or formerly-incarcerated individuals and is directly related to an individual's ability to avoid re-offending.
Entrepreneurship is an equal opportunity employer and alternative solution to finding sustainable employment for formerly-incarcerated individuals.
The ReEntry Entrepreneurship Development Initiative (REDi) addresses the likely connection between entrepreneurship and reducing the rate of re-offending by providing technical business training and education to incarcerated and formerly-incarcerated individuals.
For more information about REDi, please contact Precious Little, Program Manager, at 317.294.9908.
REDi for Coaching
Incarcerated and formerly incarcerated individuals who are interested in starting their own business have the opportunity to work with the REDi Business Coach for one-on-one individualized business coaching, education and guidance. The one-on-one business coaching is serves as the mentorship element of entrepreneurial training. The Coach may recommend enrollment in REDi classes, additional readings and resources that will assist in the client achieving their business goals.
Coaching appointments are available now!
REDi for the Course
Individuals who participate in the REDi Course will attend a four-week intensive course of business technical training modified to address your specific business needs. The course has been designed in four phases, with each phase building on layers of critical entrepreneurial education that will lead to the launch of a sustainable business.
John H. Boner Community Center, 2236 E. 10th St., Indianapolis, IN 46201
Tuesdays and Thursdays - 6 p.m. - 8 p.m.
April 11 - May 4 (Enrollment Forms Due April 3rd)
May 16 - June 15 (Enrollment Forms Due May 8th)
June 27 - July 27 (Enrollment Forms Due June 19th)
You may also call 317.294.9908 to enroll in either coaching or the course!
REDi is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.
Written by Kelly Young, president, Baise Communications
Earlier this month, I found myself sitting around the table with some very smart, creative and talented women as part of the Central Indiana Women’s Business Center (CIWBC) Support Circles. This yearlong program is designed to serve as a forum for women to discuss issues that affect women in business – a program for women, led by women. The Indy Chamber best describes it as “a year-long program of women supporting women for leadership and growth.” I’ve offered to write about our monthly sessions because I believe the information is going to be worth sharing.
Friday’s topic was “authentic communication and getting/receiving feedback.” Some of us in the group are business owners, some are managers and directors, so our approach and examples varied, but what remained the same was our need to communicate effectively and efficiently whether it’s with other employees or clients.
My three top takeaways worth sharing:
1. Build relationships: Develop a relationship first with the person/people you are communicating with so you understand and respect their communication styles. Men and women are different, yes; but no matter our gender, we all want to be seen, heard and valued.
2. Gain awareness: Keep in mind, there’s always something bigger going on. Before communicating, first understand and be aware of what’s going on around you and around the person you’re communicating with, receiving feedback from, or giving feedback to.
3. Show up: Ask the question “how do I want to show up today?” to help you be a better communicator. It sounds like a simple question to ask, but it may be harder to answer.
Our 90 minutes went too fast – and next month seems too long to wait to get together again. Until then though, I look forward to putting into practice what we discussed. Most importantly, I look forward to finding the best way for me to be a more authentic and present communicator – personally and professionally.
One of the questions we get most often from BOI/CIWBC clients is "What is the best way to fund my idea?" This is the age old question that has been the challenge of all entrepreneurs since time immemorial. There are many options: traditional bank funding, microloans, angel investors, venture capital, and "bootstrapping" your business through slow growth without debt. In addition, crowdfunding has become an increasingly popular way to get the money you need to take your business to the next level.
The Jumpstart Our Business Startups Act (JOBS Act) was signed into law in 2012 and changed the rules regarding crowdfunding. Crowdfunding is defined as "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet." Before the law was passed, investors had a long list of rules and regulations that they needed to adhere to in order to protect them from bad investments. The JOBS Act loosened those regulations so that anyone can invest in the small business or idea that they believe in.
This recently published story from PBS NewsHour answers a lot of questions about crowdfunding.
In addition, this blog post from Patrick McGinnis of the Huffington Post asks the important question "Will the JOBS Act Actually Create Any Jobs?" by outlining some of the potential risks of crowdfunding.
What this means to you, the entrepreneur, is this: Do ALL your homework. Look at all your options and explore your funding needs from all angles. The old adage "if something is too good to be true, it probably is" tends to hit home more often than not. You may be able to get started with less money than you anticipated. Always seek the advice of someone who is not emotionally or financially invested in your business - like one of BOI's Business Coaches - to help you make these life/business altering decisions.