Application Deadline: August 1st
Apply today for the Becoming Bankable Essentials Lender Readiness Cohort hosted by Oakland Thrive in collaboration with Strategic Thinktank. Designed to empower entrepreneurs with the knowledge and resources needed to secure capital financing successfully. By addressing the specific needs of small businesses and providing tailored support, the Becoming Bankable Essentials Program aims to empower entrepreneurs and drive economic growth across diverse industries and geographical locations.
The series dates are as follows: Wednesday, August 20, Wednesday, August 27th, and Wednesday, September 3 from 4 pm – 7 pm. You must be able to attend all three series dates.
Who Should Apply:
- Early-stage businesses seeking to expand or stabilize their operations.
- Micro-businesses requiring support to overcome financial challenges and achieve growth.
- Second-stage businesses aiming to scale their operations and enter new markets.
- Businesses with limited credit history or struggling to access traditional financing options.
- Companies lacking financial management systems or with incomplete business plans.
- Organizations demonstrating a clear purpose and plan for funding, willing to engage in financial coaching and planning.
Eligibility Requirements:
To be eligible for the OAKLAND THRIVE Lender Readiness Program, businesses must meet the following criteria:
- Must be registered as a legal entity in good standing with the State of Michigan Department of Licensing and Regulatory Affairs (LARA) for at least 2 years.
- Business must be located in Oakland County.
- Must demonstrate a clear purpose and plan for funding, with intentions to secure capital financing within 6-12 months.
- Must be committed to actively participating in the program’s activities, including financial coaching, lender readiness tracks, and cohort series.
- Must complete the application below to qualify for participation in the program.
Intended Outcomes:
- Enhanced financial literacy and management capabilities.
- Strengthened business plans and financial readiness.
Improved access to capital financing options, including SSBCI, CDFI, and local/regional banks.
- Increased success rates in securing capital funding.
- Sustainable business growth and expansion.
- Contribution to economic development and job creation within the region.
- By addressing the specific needs of businesses and providing tailored support, the OAKLAND THRIVE Lender Readiness Program aims to empower entrepreneurs and drive economic growth across diverse industries and geographical locations.
Don’t miss this opportunity to grow, learn, and connect— APPLY for the cohort today and take the next step toward achieving your goals!
