University At Buffalo - News Center: CEL Graduates 11 Emerging Minority And Women Entrepreneurs

Buffalo NY

17 June, 2022

12:37 PM

Description

Press release from the University at Buffalo - News Center: June 16, 2022 BUFFALO, N.Y. — After entering as protégés last year, 11 entrepreneurs are now prepared to take their businesses to the next level after completing the intense nine-month M&T Bank Minority and Women Emerging Entrepreneurs (MWEE) program, a joint venture by the University at Buffalo School of Management's Center for Entrepreneurial Leadership (CEL) and the UB Center for Urban Studies. The awards were presented at a graduation ceremony for two CEL programs on June 9 at the Grapevine Banquet Hall in Depew. Sponsored by M&T Bank, the MWEE program helps minority and women entrepreneurs take their companies to the next stage of development with business development seminars twice a month, networking events and one-on-one mentoring. With the generous sponsorship of Open4, this year's class benefitted from additional resources such as leadership coaching, private consultations with industry experts, and panel discussions on marketing, strategic planning, and business development resources. In addition, the Buffalo Urban League collaborated with CEL to provide a pre-launch workshop and additional networking opportunities for the class. With this year's class, a total of 375 local entrepreneurs have completed the MWEE program since it launched in 2004. The graduates and their companies are: Each participant was assigned a mentor from the local business community to help devise realistic business goals and develop timetables and strategies for achieving them. Mentors met regularly with participants, providing advice in strategic and tactical thinking, marketing, long-range financial planning and more. The class also met in-person two times per month for workshops and to develop their business model canvases. The CEL is accepting applications for the 2023 MWEE program. To be eligible, an entrepreneur must be a woman or member of a recognized minority group and own a business in the Buffalo Niagara region. To learn more about the curriculum or apply, contact the CEL office at 716-885-5715 or [email protected]. To hear from past graduates about their experience, join us for an upcoming open house: Established in 1987, the CEL provides participants with individualized and interactive education in entrepreneurship. More than 1,500 CEL alumni employ more than 23,000 Western New Yorkers, and their businesses are worth more than $2.3 billion to the local economy. For more information, visit management.buffalo.edu/cel. This press release was produced by the University at Buffalo - News Center. The views expressed here are the author's own.