Common use of Entrepreneurial Training Clause in Contracts

Entrepreneurial Training. a series of trainings or workshops that provide the basics of starting and operating a small business. i. Such training must develop the skills associated with entrepreneurship. Such skills must include but are not limited to, the ability to: • Take initiative; • Creatively seek out and identify business opportunities; • Develop budgets and forecast resource needs; • Understand various options for acquiring capital and the trade-offs associated with each option; and • Communicate effectively and market oneself and one’s ideas. ii. Approaches to teaching entrepreneurial skills include, but are not limited to, the following: • Entrepreneurship education provides an introduction to the values and basics of starting and running a business. Entrepreneurship education programs often guide individuals through the development of a business plan and may also include simulations of business start-up and operation. • Enterprise development provides support and services that incubate and help individuals develop their own business. The enterprise development program goes beyond entrepreneurship education by helping participants access small loans or grants that are needed to begin business operation and by providing more individualized attention to the development of viable business ideas. • Experiential programs provide individuals with experiences in the day-to-day operation of a business. These programs may involve the development of a participant-run business where participants in the program work in and manage. Or, they may facilitate placement in apprentice or internship positions with entrepreneurs in the community.

Entrepreneurial Training. a series of trainings training or workshops that provide the basics of starting and operating a small business. i. Such training must develop the skills associated with entrepreneurship. Such skills must include but are not limited to, the ability to: • Take initiative; • Creatively seek out and identify business opportunities; • Develop budgets and forecast resource needs; • Understand various options for acquiring capital and the trade-offs associated with each option; and • Communicate effectively and market oneself and one’s ideas. ii. Approaches to teaching entrepreneurial skills include, but are not limited to, the following: • Entrepreneurship education provides an introduction to the values and basics of starting and running a business. Entrepreneurship education programs often guide individuals through the development of a business plan and may also include simulations of business start-up and operation. • Enterprise development provides support and services that incubate and help individuals develop their own business. The enterprise development program goes beyond entrepreneurship education by helping participants access small loans or grants that are needed to begin business operation and by providing more individualized attention to the development of viable business ideas. • Experiential programs provide individuals with experiences in the day-to-day operation of a business. These programs may involve the development of a participant-run business where participants in the program work in and manage. Or, they may facilitate placement in apprentice or internship positions with entrepreneurs in the community.

Entrepreneurial Training. a series of trainings or workshops that provide the basics of starting and operating a small business. i. Such training must develop the skills associated with entrepreneurship. Such skills must include but are not limited to, the ability to: •  Take initiative; •  Creatively seek out and identify business opportunities; •  Develop budgets and forecast resource needs; •  Understand various options for acquiring capital and the trade-offs associated with each option; and •  Communicate effectively and market oneself and one’s ideas. ii. Approaches to teaching entrepreneurial skills include, but are not limited to, the following: •  Entrepreneurship education provides an introduction to the values and basics of starting and running a business. Entrepreneurship education programs often guide individuals through the development of a business plan and may also include simulations of business start-up and operation. •  Enterprise development provides support and services that incubate and help individuals develop their own business. The enterprise development program goes beyond entrepreneurship education by helping participants access small loans or grants that are needed to begin business operation and by providing more individualized attention to the development of viable business ideas. •  Experiential programs provide individuals with experiences in the day-to-day operation of a business. These programs may involve the development of a participant-run business where participants in the program work in and manage. Or, they may facilitate placement in apprentice or internship positions with entrepreneurs in the community.