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Entrepreneurship Training Program

What does this program do?

The Entrepreneurship Training Program focuses on three markets for 2009 and 2010: St. Louis, Kansas City and Columbia.  The program's intent is to help Disadvantaged Business Enterprise firms build their business skills in specific and measurable areas. This program encourages participants, prime contractors and other professionals to engage collaboratively regularly. Once business owners have completed the program, they are better prepared to work with MoDOT.

How does a business apply for the Entrepreneurship Training?

DBE owners interested in participating in this training need to go through the application process to make sure they fit the program requirements (and that the program fits them). The program is based on the Kauffman Foundation FastTrac Growth Venture Model and includes guest speakers from education, business, MoDOT, professional organizations and program alumni. Businesses interested in participating need to contact their nearest Business Assistance Center to determine when the next session starts.

What topics are covered during the training?

There are two tracks covered during the training -- FastTrac topics and guest speaker topics. Other topics may be introduced as interests and requirements change.

FastTrac topics:

  • Your business Environment
  • Making strategic and financial decisions
  • Strengthening your product/service
  • Developing and evaluating your business strategy
  • Marketing strategies
  • Charting financial performs
  • Systems, processes and controls for growing organizations

Guest Speaker topics

  • Entrepreneurship
  • Doing business with MoDOT
  • Funding sources
  • Teaming
  • Sub-contracting
  • Bonding
  • Bid preparation
  • Estimating
  • Project management
  • Compliance
 
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