EforAll Announces Launch of Business Acceleration Programs in English and Spanish to Expand Access to Entrepreneurship in Northwest Arkansas

FAYETTEVILLE, Arche .– (COMMERCIAL THREAD) – Entrepreneurship for All (EforAll), the non-profit organization whose mission is to accelerate economic and social impact through inclusive entrepreneurship, today announced the launch of its accelerator program One-year free business in the Northwest Arkansas community with financial support from the Walton Family Foundation. As diverse populations have quintupled in the region, with Hispanic / Latin residents accounting for 17% of the population, these programs will also be offered through EforAll’s Spanish program, EparaTodos.

EforAll helps underrepresented people to successfully start and grow their business or nonprofit organization in a wide range of industries including personal and professional services, food, retail, manufacturing and manufacturing. technology. The program offers a unique combination of immersive business training, dedicated mentoring from local businesses and community leaders, and access to an extensive professional network, as well as the opportunity to earn seed capital.

“EforAll will provide vital resources and create access to entrepreneurial opportunities for the daily residents of Northwest Arkansas who strive to launch new businesses,” said Yee Lin Lai, Program Manager, Walton Family Foundation .

Of the more than 500 businesses started by EforAll participants, 74% are owned by women, 58% are owned by people of color, 46% are immigrant-owned and 39% are owned by people who were previously unemployed. These companies generated more than $ 25 million in revenue and created 720 local jobs in 2019.

“We are delighted that our proven program is expanding to Northwest Arkansas. This region has seen tremendous economic success, but community and business leaders recognize the need to create a more inclusive entrepreneurship ecosystem to meet the needs of all of its residents, ”said David Parker, CEO of EforAll. “We believe that EforAll and EparaTodos will fill this void by helping those who may not have access to the right resources or the right tools to start a business and have their own opportunity to thrive in the local community. ”

“EforAll’s bilingual business acceleration programs will give Latinx entrepreneurs in the region the confidence, support and networks they need to start their businesses,” said Jeannette Balleza Collins, Director of Entrepreneurial Development, Northwest Arkansas Council. “It’s exciting to consider the power of more inclusive engagement and representation in our rapidly diversifying community. ”

EforAll’s Business Accelerator programs as well as its first community pitch competitions – a free event open to everyone that offers the chance to validate a business idea, win cash prizes, network with business owners. local business and meeting potential clients – will be launched this summer in both English and Spanish.

Currently, EforAll is seeking an Executive Director and two Program Directors for the Northwest Arkansas community. If you are interested in being part of the organization and are based in the region, please apply at www.eforall.org/careers.

To learn more about EforAll and its Northwest Arkansas programs, please visit www.eforall.org/ar/northwest-arkansas.

About EforAll

Entrepreneurship for All (EforAll) is a nonprofit organization that partners with communities nationwide to help underrepresented people start and grow a business through intensive business training, mentorship and support. extensive professional support network. To date, EforAll alumni have launched over 500 businesses and created over 700 local jobs. The programs are available in English and Spanish. EforAll is currently available in the following MA communities: Berkshire County, Cape Cod, Fall River / New Bedford, Greater Worcester, Holyoke, Lawrence, Lowell, Lynn and Roxbury as well as Longmont, CO. To learn more about EforAll, please visit eforall.org.