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Wednesday, October 23 • 9:45am - 10:45am
Lightning Session: Seeking Economic Inclusion through Entrepreneurship Training in Disadvantaged Communities

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Entrepreneurship is considered a viable option to upward mobility; however, starting a business requires skills, effort and significant levels of social capital and investment, which may become barriers for nascent entrepreneurs in economically disadvantaged communities. Created in 2016 under IUPUI leadership, SOURCE River West is a community-based initiative to reduce barriers for entrepreneurship and contribute to the economic vitality of the Near West of Indianapolis. Since its inception, SOURCE has provided service to more than 400 business owners and nascent entrepreneurs in Indianapolis. Through training, mentoring, coaching and workshops, the Center supports the launch of entrepreneurial ventures and existing start-up businesses that are expected to provide sustainable wages for the owner, new jobs , and ultimately populate new and rehabbed retail and commercial spaces in the community.

Using a mixed research design, we analyzed the potential of SOURCE as a catalyst to achieve economic and social inclusion. Preliminary results show positive gains in skill building and business creation. In order to create growing and sustainable impact, SOURCE needs to further engage the community in the activities of the Center, proactively follow-up with clients, and expand its network of support in and outside the neighborhood to provide more opportunities for success to local new ventures.

Speakers
SG

Silvia Garcia

Assistant Director of Research, IUPUI Office of Community Engagement


Wednesday October 23, 2019 9:45am - 10:45am
Commonwealth A1 1200 Market St, Philadelphia, PA 19107, USA

Attendees (7)