Resource: NKY Rekindle Micro-Enterprise Program

Resource: NKY Rekindle MicroEnterprise Program

The Northern Kentucky Community Action Commission has launched a new micro-enterprise program called Rekindle, a new self-sufficiency initiative designed to assist aspiring entrepreneurs in eight Northern Kentucky counties (Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Owen and Pendleton).

"Starting a business requires a great deal of organization and many steps," says Robert Yoder, the Business Development Director of the Northern Kentucky Community Action Commission. "Before you jump in head first, learn about how to avoid common mistakes made by many people considering small business ownership. These basics include an overview of business plan development, legal entities, business tax and licensing issues and financing options."

The Rekindle Micro-Enterprise Development Program consists of three parts: business development training, on-going mentoring and access to funding assistance.

Micro-Enterprise Business Development Training

Northern Kentucky University’s Small Business Development Center provides the initial Pre-Business Orientation Workshop. The first workshop is Thursday, Sept. 15, 7 p.m., at Covington Artisan Enterprise Center, 25 W. Seventh Street in downtown Covington, Kentucky. To register, call Yoder at 859-655-2946 or e-mail him at [email protected].

Mentoring and On-going Support

After the introduction workshop, participants are invited to apply for Rekindle Micro-Enterprise Development Program. As part of the program, participants will attend six weekly seminars to their business plans and cover topics involved in opening and operating a Micro-Enterprise.

After working on developing the business plan, Rekindle coaches will work with the participants in accessing funding and maintaining a relationship as the business launches and grows.

Access to Funding Assistance

Rekindle Micro-Enterprise Development Financing is available for low-income individuals who want to start or expand their businesses. Eligible participants are able to apply for up to $5,000 in Rekindle low-interest financing.

Northern Kentucky Community Action Commission helps low income individuals and families develop the knowledge, opportunities and resources they need to achieve self-reliance. For more information about the Northern Kentucky Community Action Commission, visit www.nkcac.org.