Internet powered by i3 Broadband
skip to Main Content

Innovation & Startups

GPEDC – Thinking about Starting a Biz?

Consider attending CoStarters…

What you will learn:

  • Identify and define real problems to solve
  • Deeply understand who your customers are
  • What products, services or experiences you can create for them
  • How to start a viable new business

How to apply

Email us at angui@greaterpeoriaedc.org to schedule a time to meet.
If the line is busy, please call (309) 495-5910.

COSTARTERS_logo-mark-white

Aug 26 – Nov 11, 2019

What is CO.STARTERS?

CO.STARTERS is a program that helps new business owners build a community around local businesses.  It is a nine-week program equips aspiring entrepreneurs with the insights, relationships, and tools needed to turn business ideas into action.

Who’s It For?

  • Auto & Truck Services Centers
  • Convenience stores & Franchises
  • Dry cleaners, Hair salons & Spas
  • Farmers Markets & Restaurants
  • Internet, Web development & Technology businesses
  • Small Manufacturing & Professional Services
    (e.g., Accounting & Tax preparation business, etc.)
  • Small wholesalers and many others…

Key Outcomes

  • Identifying assumptions about why and how your businesses will work
  • Talk to customers to discover problems they need you to solve
  • Rapidly uncover flaws in your concepts and processes
  • Learn and uncover viable business models
COSTARTERS_mark_white

Curriculum

Week 1: Knowing Yourself (Assumptions, Working Styles, Team Building, Obstacles)
Week 2: Knowing Your Customer (Problem, Solution, Benefit, Competition, Advantage, Customer)
Week 3: Getting the Relationship Right (Marketing & Message; Getting, Keeping & Growing Customers)
Week 4: Building the Model to Scale (Starting Small, Distribution, Revenue, Typical Sale, Price)
Week 5: Strengthening Your Structure (Business Structures, Licenses, IP, Hiring)
Week 6: Discovering the Bottom Line (Startup & Ongoing Needs, Fixed & Variable Costs, Break-Even Point)
Week 7: Accounting for Growth (Break-Even Point, Sales Projections, Cash Flow, Accounting)
Week 8: Planning for the Future (Raising Capital, Growth Plans, Goal Setting, Pitch Prep)
Week 9: Pitch Night/Sharing Your Story

Tuition

$300 per participant

includes:

  • One-on-one innovation consulting
  • Customer and behavioral insights analysis
  • 6 month scholarship for co-working space
  • Talent development assistance
  • Business location and expansion assistance
  • Incentives and credits (e.g. Opportunity zones, etc.)
48-COSTARTERS-product-10

CoStarter Stories Peoria

Back To Top