NEW ORLEANS (press release) – As the COVID-19 pandemic continues to devastate small business owners nationwide, the New Orleans Business Alliance (NOLABA) is proud to announce its virtual InvestNOLA Fall Training Series designed to meet the growing needs of local minority-owned and small businesses.
Developed and launched in 2019, InvestNOLA is a highly-customized small business growth program targeted at high growth potential businesses owned by people of color. Due to ongoing health concerns surrounding COVID-19, this year’s program was revamped to be more accessible through an entirely virtual online format and provide business owners with the real-time information and tools needed to not only maintain but scale their businesses during these difficult months.
The InvestNOLA Fall Training Series kicked-off September 10 with Session 1, “Applying a Crisis Framework.” Participants gained valuable insights on how to stress test their financials, defend against significant revenue declines, stabilize operations for the new normal, implement proactive growth metrics, and more. The full event recap video is now available on NOLABA’s YouTube page here.
The new series will include five total sessions between September 10 and November 5, with the next event taking place this Thursday, September 24, from 11 AM – 12:15 PM. Session 2 will feature specific guidance and real-life experience from guest speaker Dave Parker, a five-time founder and venture capitalist with over 25 years of experience innovating new ideas and scaling high-performing companies both here in the US and across the globe.
“As the city collectively moves to re-open commerce, and early federal assistance programs wind down, we’re proud to be able to offer this unique crisis management support,” said Lynnette White-Colin, Vice President of Small Business Ecosystem Development at NOLABA. “Small business owners, and particularly those of color, have been hit the hardest by ongoing restrictions, cancellations and closures. Through InvestNOLA, we hope to empower these vital members of our community to emerge on the other side of COVID-19 stronger than ever before.”