Goals and Objectives

The overarching goal of this initiative is to empower underserved entrepreneurs with tools and strategies to proactively manage business risks, thereby fostering sustainability and growth. Our specific objectives include:

Enhancing entrepreneurs’ understanding of risk and resilience.
Providing a framework for continuously assessing business risks.
Encouraging peer learning and networking among entrepreneurs.

Geographic Focus: Primarily the Midwest, but will also market to our network and partners on the East Coast and Southeastern U.S.

Measurable Outcomes

To assess the impact of this initiative over the three-month grant period, we will track the following metrics:

Entrepreneur Participation – Number of business owners engaged in the program (headcount).
Understanding of Risk – Percentage of participants who report an improved understanding of business risk (survey-based).
Utilization of Default Risk Score – Number of entrepreneurs who actively update and apply their risk score in business decisions (survey-based).
Business Support Ecosystem – Number of business support organizations exploring ways to incorporate risk discussions in their technical assistance.

Business Resilience Activator