August 04, 2022

LAWT News Service

 

The Entrepreneur Educational Center (EECI) is hosting the last stop on its free Open-to-the-Public business seminar series this Saturday, August 6, at Franklin D. Rosevelt Park, 7600 Graham Avenue in East Los Angeles, 6 p.m. – 8:30 p.m.

It will be the final in a series of educational sessions held in the Los Angeles County’s 2nd Supervisorial District. Themed “Ride the Wave: Building Blue & Green Communities…One Small Business at a Time” and featuring AltaSea at the Port of Los Angeles (POLA), the seminar targets multicultural entrepreneurs between the ages of 18 and up and focuses on developing a business plan that will work in a pandemic compromised economy.

Attendees will also be introduced to the Environmental Goods Movement at POLA and the positive economic and environmental impact of the emerging multibillion dollar Blue and Green Economy on their community.

So far in the series, attendees have learned the basic ingredients for a successful business plan through EECI presenters covering areas ranging from feasible business concept development for non-profit and for-profit startups, short- and long-term financial planning, how to build a management team and marketing to your primary and secondary customers/clients.

EECI VP of Marketing Del Atkins had summarized the importance of the 4P’s approach. “When you add the four Ps to your marketing mix—product, price, place, promotion—you have the key elements involved in planning and marketing your product or service.

“No matter how well developed your business plan is…your company will not grow if it can’t penetrate your primary market. A 4P’s propelled marketing strategy adds an attractive face and a persuasive voice on your business and drives consumers your way,” Atkins added.

Information was also given on the Blue and Green Economy, one of the fastest growing industries in the world that is projected be a $3 trillion dollar industry by 2030. Entrepreneurial opportunities and jobs include Green, renewable energy, water management, solid waste management, and environmentally friendly green building construction.

The Blue industry offers a range of economic uses of ocean and coastal resources needing entrepreneurs and job seekers in areas such as energy, shipping, fisheries, aquaculture, mining, and tourism. It also includes economic benefits that may not be marketed, such as carbon storage, coastal protection, cultural values, and biodiversity.

Those topics will be further explored at the final seminar. Attendees will also be invited to enroll in EECI’s Miracle’s Entrepreneur Program where they will have an opportunity to take what they have learned, develop their Business Plan and, upon completion receive certification as well as fees for DBA or Nonprofit Organization incorporation by EECI. Mentoring, referrals to lending sources, affordable start-up office space at EECI’s incubator the Quarles Business Opportunity Center (QBOC) is also offered.

Sponsors of the EECI programs and projects include Comerica Bank, Enterprise Business Bank, Epson, GBC International, Union Bank, 1st Republic Bank, Northern Trust Bank, American Business Bank, Cathay Bank, First Commercial Bank, 1st Century Bank, Banc of California, and Popeyes Chicken (Watts).

For information regarding the seminars, programs and opportunities offered by EECI call (323) 757-7506 or visit www.entrepreneureducationalcenter.org or https://www.facebook.com/eeci77.

Category: News