WORKSHOPS, WEBINAR SCHEDULED FOR JUNE AND JULY TO FOCUS ON EARNED-INCOME TO ENHANCE A NOT-FOR-PROFITS VIABILITY
TRENTON, N.J. (June 6, 2007) – Building on Governor Jon S. Corzine’s commitment to strengthening New Jersey’s economy through his Economic Growth Strategy, free informational workshops to help nonprofit organizations discover ways to reduce their reliance on grant funding and become more self-sufficient will be offered by the Entrepreneurial Training Institute (ETI) this summer in northern, central and southern New Jersey. A webinar of the same topic will be held in June for professional service providers to the nonprofit community.
The informational workshops are designed to help nonprofits assess whether earned- income ventures make sense for their organization. Participants will be able to discuss opportunities with other 501(c)(3) decision makers, and explore resources available through the New Jersey Economic Development Authority (EDA) and others in New Jersey.
In addition to the EDA, partners include the New Jersey State Chamber of Commerce, Chamber of Commerce Southern New Jersey, the Mercer, Hunterdon and Morris County Chambers of Commerce, various YMCAs and United Ways statewide, Jewish Community Action, ACCSES NJ, The Center for Nonprofit, the New Jersey Association of Mental Health Agencies, and various accounting firms with nonprofit clients.
The dates, times and locations for the free workshops are as follows:
Date | Time | Place |
Thursday, June 21 | 9:30 a.m. – 12:30 p.m. | Morris County Chamber of Commerce |
Thursday, July 12 | 9:30 a.m. – 12:30 p.m. | Cumberland County College |
Tuesday, July 24 | 9:30 a.m. – 12:30 p.m. | The Technology Centre of NJ |
The webinar is designed to educate professional service providers to the nonprofit community about earned-income ventures and the assistance available for their clients. Co-sponsored by the EDA and the State Chamber of Commerce, this innovative web-based workshop will take place on June 12 at 8:30 a.m. and run approximately one-hour. Those interested in participating must first register with ETI to obtain the dial-in information.
The ETI for Nonprofits curriculum is provided by the New Jersey Economic Development Authority (EDA) and is designed to sequence the nonprofit’s journey to define and grow a successful earned-income venture. This includes identifying a sustainable business idea, completing a market analysis, creating a marketing plan, understanding financials, building board support and receiving ongoing technical assistance to move forward. Additionally, phone or on-site consultation time to clarify fit, build support and understanding, and develop next steps is available for interested organizations.
For workshop or webinar registration materials and more information on the technical assistance offerings available on a rolling schedule throughout New Jersey, visit www.njeda.gov/eti, call the ETI at (609) 292-9279, or send an e-mail to eti@njeda.com.
Nonprofit organizations are required to secure an IRS 501(c)(3) designation to confirm their nonprofit status and undergo an assessment of their readiness to register for the ETI program. The needs assessment, which must be completed prior to enrollment, can be arranged by calling ETI at (609) 292-9279 or by e-mailing eti@njeda.com.
The EDA provides technical assistance through Aperio, one of the nation’s leading consulting firms for nonprofits engaged in social enterprise. Aperio staff members are content experts in earned-income ventures and provide valuable depth of knowledge, experience and network within New Jersey, nationally and internationally.
Primary sponsors of the ETI Program are Bank of America, Merrill Lynch, PNC Bank and the Wachovia Foundation. The EDA provides financing and technical support to encourage business and job growth in New Jersey.
To learn more about opportunities for business growth throughout New Jersey, visit the state’s business portal at www.nj.gov/njbusiness.
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