ECDI Training Institute
Click this link for our new online training options: http://www.lmsbuilder.com/ECDIOnlineClasses/
Financial Literacy Training
Proficiency in the basic tenets of finance and budgeting as well as fundamentals of the U.S. banking system is highly advantageous for for small business entrepreneurs desiring long-term success. In order to participate in the IDA and Microloan programs, the Economic and Development Institute requires the successful completion of our 6-hour Financial Literacy course. The course is designed to provide clients with a comprehensive view of personal savings, hands-on budgeting and expense tracking. In cases where participants require English language assistance, language-specific classes in clients' major linguistic groups are scheduled (Spanish, Somali, Arabic, Amharic, Russian). One-on-one language support is also made available from one of our bilingual staff members. Successful completion of the class is contingent upon scoring 80% or higher on the post-test and the creation of a realistic budget. The Institute assesses a $25 training fee for class participants.
Get your Business up and Running
A three-part workshop designed to get your business up and running. Program includes researching your idea and planning your course of action to launch your business, and is an ideal program for start up and new business owners. This class is required for clients seeking a loan from ECDI. ECDI assesses a $100 training fee for class participants.
Food-Based Business Training
Like childcare businesses, there are unique legal challenges and technical aspects of running a food-related business and selling packaged or prepared foods to the public. In order to address these issues, with SBA PRIME funding, ECDI facilitates clients access to online food business courses offered by Rutgers Food Innovation Center (FIC). Rutgers FIC offers three courses for food entrepreneurs, including "Food Business Basics", "Growing Your Business", and "Farmers' Markets Best Practices". Training fees vary, refer to class schedule.