
Participant Criteria
- Hispanic businesses between $100K – $1million in annual revenue
- Must be an established business with at least 3 years of operations
- Must have a business that in the long term is scalable into an enterprise
- Be in good membership standing with the GHCC
Classes Criteria
- Minimum two hours per class session
- Six consecutive months of classes
- At least one session with Wells Fargo
- Offering of office hours is optional
Timeline
- The USHCC will be creating all marketing materials
- The USHCC will develop a social media tool kit
- The USHCC will create the application links
- Chambers will solidifying their program materials and create a syllabus with the help of the USHCC
May 2020
- Launch of the Avanzar program including a press release
- Application goes live for the 2020 cohort
- The USHCC is promoting the partnership
June 2020
- Application process is underway and applications are being reviewed
- Continued marketing of the program
- Cohort is selected and announced via social media
- Virtual Welcome Reception set introducing the cohort to sponsors and partners
July 2020
- Class 1 (beginning the day after the welcome reception)
- Getting Financial Controls in Place
- Understanding Your Current Reality – Business Plans, Assess Competitive Profile
August 2020
- Class 2
- Getting Your Team in Place: Standard Operating Procedures and Hiring/Retaining the Right People
- Business Credit Review – Critical Factors for Building Business Credit, Presented by Wells Fargo
September 2020
- Class 3
- Customer Feedback
- Business Loans – Preparing your Financial reports for Successful Access to Capital, Presented by Wells Fargo
October 2020
- Class 4
- Achieving Lowest Expenses Develop Negotiating Skills
- Record Keeping – Invoicing, Schedules, Clients, Contact Lists, Software Resources
- Human Resources – Strategies for Recruiting, Selecting and Retaining Talent●
November 2020
- Class 5
- Accessing Capital & Capital Allocation, presented by Wells Fargo
- Business Marketing – Branding, Client Outreach, Marketing Budget, and Tools
December 2020
- Class 6 and Graduation Combination Class and Ceremony
- Completing your Business Plan – Strategies for Success and Telling Your Story
- Family Dynamics of Small Business ownership & Considerations for Family Succession Leadership
January 2021
- Additional one-on-one time as needed
- Program completion survey/exit assessment
- Preparation of Final Report
Press Release:
GHCC AVANZAR Small Business Accelerator Program
GHCC AVANZAR Programa Acelerador de Pequeñas Empresas
For more information about Avanzar, please contact the GHCC at avanzar@ghcc.org