The NaperLaunch Academy is administered by NaperLaunch, a business startup services center … Upgrade co-working space, provide speakers and motivate clients to attend more NaperLaunch events. about NaperLaunch Academy
enhancing the entrepreneur
supporting local entrepreneurs with education, coaching and funding.see our program initiatives
For great ideas, we provide early stage and existing local businesses funding that will create opportunity.
Support the perspective entrepreneur hopefuls with learning opportunities, connections, coaching and more.
Prepare and guide the candidate to achieve business practice standards to determine if the hopeful entrepreneur can launch a new business concept.
Provide start-up financing to qualifying to finalists after pitch session and continue business coaching.
Naperville Foundation Program Initiatives
Coaches and mentors are being recruited for this program. The coach will stay with the small or startup business … Coaches are recruited for this program who will stay with client throughout the project. about Coaches
Establishment of "Revolving Investment Fund" provides funds to be lent out in future years without outside capital … Provide funding for qualified small and startup businesses that have gone through the Program. about Start-Up Funding
How the Naperville Foundation Supports Local Entrepreneurs
The Naperville Foundation is an exciting, new self-sustaining “Business Development Foundation” partnering with NaperLaunch in an effort to improve the economic climate in Naperville by increasing the success rate of Naperville based entrepreneurs to whom we provide training and adequate start-up capital.
How Will We Do That?
Once the initial program objectives are underway, the Naperville Foundation will begin to fund the clients directly after they complete or are in the process of completing the NaperLaunch Academy. The client will then have an opportunity to present a pitch for funding. We will know these clients from NaperLaunch activities and the Academy to help the Foundation make the decision to fund.
The client will have funds, plus mentors with next steps to startup or if a small business, move the business ahead. The funding to be provided as agreed upon, prior to the process and handled by the team of assigned Foundation coaches.