SBA
and Trump University Launch Innovative Online
Training Course for Entrepreneurs
WASHINGTON
– The
U.S. Small Business Administration and Trump
University have teamed together to develop a new
free online training course on
How to Start a
Business on a Shoestring Budget,
designed to help entrepreneurs understand how to take
their small business ideas to market despite limited
outside resources.
The SBA and Trump
University have combined the best that each
organization offers, bringing together a vast array
of resources, information and experts to guide
students through the essentials of
planning and executing a business idea by
bootstrapping, a common method used to
minimize the amount of outside debt and equity
financing needed from banks and investors.
How
to Start a Business on a Shoestring Budget
is a self-paced course available through the SBA’s
Small Business Training Network, a virtual campus of
business courses, trainings, education resources,
learning tools and information assistance at
www.sba.gov under the “Training” icon. It is a
creative training experience and interactive
assessment tool that features fictional
entrepreneurs who are engaged in raising money for
their small businesses, while the student
entrepreneur provides advice on how to help evaluate
readiness for starting a business. An added
highlight is the availability of “Ask the experts”
video clips, which are strategically featured
throughout the course.
“We are pleased to
work with an experienced leader in online
education,” said SBA Administrator Steven Preston.
“The cosponsorship with Trump University is an
inventive partnership that provides the best in
small business resources to students of
entrepreneurship, while offering a unique
opportunity to learn about one of the most
challenging areas of starting a small
business—business financing.”
The course helps to
evaluate eight key areas of business start-up on a
shoestring, including what it takes to make
something out of nothing, market research for the
budget minded, budget branding and what to do when
you outgrow your bootstraps.
The SBA’s Small
Business Training Network at
www.sba.gov/training offers a range of online
business training and counseling tools to assist
entrepreneurs with business start-up, from
developing marketing strategies to effective
employee management. It also provides valuable
information for existing small business owners.
The
training network is an easy-to-use tool that
provides 24-hour access to business courses via the
Internet.
About the SBA:
The U.S. Small
Business Administration is the nation’s largest
financial backer of small businesses. The SBA’s
programs and services help business owners start,
run, and grow their businesses, and provide a range
of financial, technical, and management assistance.
The SBA also plays a major role in the government's
disaster relief efforts by making low-interest
recovery loans to both homeowners and businesses.
America’s 25 million small businesses employ more
than 50 percent of the private work force, generate
more than half the nation’s gross domestic product,
and are the principal source of new jobs in the U.S.
economy.
About
Trump University:
Trump
University, an online educational institution, has
been teaching its thriving community of members
everything from real estate investing, marketing,
entrepreneurship skills and business planning, to
management, wealth creation, and many other subject
matters that appeal to aspiring entrepreneurs and
business professionals.
SBA’s participation in this co-sponsorship does not
constitute an express or implied endorsement of the
views, opinions, products or services of any
cosponsor or other person or entity. All SBA
programs, services and cosponsored activities are
extended to the public on a nondiscriminatory basis.
Co-sponsorship Authorization #07-7630-02.
Contact:
Cecelia Taylor (202)
401-3059
http://www.sba.gov/news
