Tuesday, September 29, 2015

How to: Win a Business Competition!



Business Competitions to Help you Achieve your Dreams!

In the past decade, business competitions have become increasingly frequent throughout the business community. They have taken root in places such as the Wharton School of Business, and a number of other universities and companies that encourage small business growth. For some, the pull of competitions is the cash prize; however, the winnings are said to be insufficient to really get a business going. The real award is the increased confidence and investment opportunities from winning a business competition. For many small businesses, it is difficult to win, let alone participate in, a business competition. The key, though, is preparation. Preparation yields a more knowledgeable and impressive business plan, and is a skill which relates to business in general – not only competitions. For low-income communities, it is difficult to find such a competition. But, it only takes one win to transform a business from an idea into a reality.

Read more about business competitions here!

Thursday, September 17, 2015

Cultural Passport Week in Philadelphia

XCulturalPHL organize by MOIMA and Dept of Commerce honoring Philadelphia Immigrant Business. Selvadurai Pathmatasan, the owner of Abi Quick Shop is one of them.
Sinta our Technical Assistant specialist who also owns Modero Dance Company performed her traditional Indonesian dance in Love Park for Cultural Passport Week. The students she taught at her dance studio also danced alongside her.


Selvadurai Pathmatasan was honored at the recognition ceremony for entrepreneurs in Philadelphia. He owns Abi Quick Shop, a souvenir shop in Olde City. He received a loan and attended the WORC workshop for orientation about the Refugee Small Business Program.



Tuesday, August 25, 2015

Special Feature: WORC's Loan Programs!

If you’re dreaming about starting your own small business to provide for your family, or you are looking to expand the business that you already own and run, you may want to look into WORC’s many loan programs. WORC operates the Economic Opportunities Fund (EOF) which provides loans and other services to low-income individuals, especially women and minorities, in the Philadelphia area.

The fund offers small loans to start a business, credit builder loans, business expansion loans for existing business, and near equity loans for larger sums. Additionally, WORC also has programs designed to help small business owners create a business plan and financial estimates. They can also help you look to local banks and other funds to help you obtain more money to fund your new business.


Your dream is within reach! Visit this website to learn more about how WORC could help you achieve your small business goals. Each type of loan has a different set of criteria as well as a different lending period, so make sure to visit this website to learn more about the different types of loans WORC offers and which one could be right for you. 

Tuesday, August 18, 2015

Nada Kiblawi Makes a Life for Herself in the United States - The Story Exchange

Image credit

Nada Kiblawi, a woman born and raised in a Palestinian refugee camp, had a difficult life. She fled from Palestine to Lebanon to Kuwait and eventually ended up in the United States. In the United States, she was able to start her own successful consulting business, NHK Consulting. Read more about her story here.

Tuesday, August 11, 2015

Local Philadelphians Creating Startups - PhillyMag

Image credit
Creating your own company may seem difficult but with hard work and dedication, anything is possible. Check out these inspirational stories of local Philly entrepreneurs who have created their own startups. With an idea and a goal in mind, they were able to successfully start a business of their own.