When it comes getting help and training, would-be entrepreneurs have plenty of options. But not many of them are free. A new program announced on Thursday by the de Blasio administration and Citigroup aims to provide just that: gratis services for 5,000 female New York City entrepreneurs.
The program, Woman Entrepreneurs NYC (WE NYC), will roll out over the next three years and is targeted at underserved women, who might otherwise struggle to find ways to get their businesses off the ground.
WE NYC services will be provided by the City’s Department of Small Business Services, as well as Goldman Sachs’ 10,000 Small Businesses program and micro-lender Grameen America. Participants will learn basic business and entrepreneurial skills, and have access to mentoring, loan negotiation workshops, and intensive classes dedicated to specific industries.