{"id":6700,"date":"2018-03-25T12:05:35","date_gmt":"2018-03-25T19:05:35","guid":{"rendered":"https:\/\/lapost.us\/?p=6700"},"modified":"2018-03-25T12:05:51","modified_gmt":"2018-03-25T19:05:51","slug":"east-la-college-foundation-omniworks-launch-estec-la-incubator-for-women-veteran-minority-lgbtqia-owned-businesses","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=6700","title":{"rendered":"East LA College Foundation &#038; OmniWorks\u2122 Launch ESTEC\u2122 LA Incubator For Women, Veteran,  Minority, &#038; LGBTQIA Owned Businesses"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/ci3.googleusercontent.com\/proxy\/ehUTGwEKRjRbMyGSQO6AUWELoeFDWBVj5XCTjEbXCnU4gcFEA_73sbHGKiC49zbOC_w6qbgLM5-PNY4qH_gfmed8s6DV23xMUEvnMiftCjdS_jnBqH6O6CbXDO8NljLIMb4DzVm5464_P2I=s0-d-e1-ft#http:\/\/files.constantcontact.com\/042a9a73601\/9d70187e-590e-4ec2-9fff-9d2c84ce2229.jpg\" \/><\/div>\n<div>March 23, 2018 (Los Angeles, CA) The East LA College Foundation and OmniWorks\u2122 announced today a new initiative to incubate and accelerate startup and growth-phase minority, women, veteran, and LGBTQIA owned businesses in Los Angeles. The new program is funded, in part, by a $150,000 investment by JPMorgan Chase, with additional support from Union Bank and the California Strong Workforce Program.<\/div>\n<div><\/div>\n<div>The ESTEC\u2122 LA Incubator \u2013 Powered by OmniWorks, hosted by East Los Angeles College, will provide twelve months of business curriculum and high-touch incubation focused on equitable access to markets, service providers, financial resources, and capital. This is the first such incubator program for ELAC and the East Los Angeles region. Working with a network of mentors and advisors, the program\u2019s goal is to help build economic prosperity, support quality job growth, develop intellectual property, and create generational wealth in under-served communities. The new initiative launches on\u00a0<span class=\"aBn\" tabindex=\"0\" data-term=\"goog_814186649\"><span class=\"aQJ\">April 13<\/span><\/span>\u00a0on the ELAC campus and offers free services to qualified applicants including:<\/div>\n<ul>\n<li>A\u00a0two\u00a0day\u00a0Entrepreneur\u2019s\u00a0Boot\u00a0<wbr \/>Camp<\/li>\n<li>Fifteen\u00a0weeks\u00a0of\u00a0ELAC business\u00a0curriculum\u00a0<wbr \/>integrated\u00a0with\u00a0OmniWorks\u00a0<wbr \/>interactive\u00a0workshops\u00a0on\u00a0<wbr \/>contemporary\u00a0business\u00a0<wbr \/>strategies<\/li>\n<li>Planning,\u00a0launching,\u00a0building,<wbr \/>\u00a0and\u00a0growing\u00a0community\u00a0based\u00a0<wbr \/>businesses<\/li>\n<li>Marketing strategies,\u00a0interpersonal\u00a0<wbr \/>skills,\u00a0legal\u00a0roadmap,\u00a0and\u00a0<wbr \/>building financials<\/li>\n<li>Notable\u00a0guest\u00a0speakers\u00a0<wbr \/>actively\u00a0working\u00a0in\u00a0relevant\u00a0<wbr \/>California\u00a0industries<\/li>\n<li>Nine\u00a0months\u00a0of\u00a0high-touch\u00a0<wbr \/>incubation with\u00a0executive\u00a0mentors<\/li>\n<li>A Pitch\u00a0Day\u00a0with\u00a0cohort\u00a0and executive\u00a0feedback<\/li>\n<li>A\u00a0network\u00a0of\u00a0active\u00a0<wbr \/>executives,\u00a0mentors,\u00a0and\u00a0<wbr \/>advisors<\/li>\n<li>East\u00a0LA\u00a0College\u00a0Certificates\u00a0<wbr \/>of\u00a0Completion<\/li>\n<\/ul>\n<div><\/div>\n<div>\u201cThis program demonstrates our college\u2019s commitment to open a Center for Entrepreneurship and Innovation at ELAC to provide a pathway for students who are interested in launching or growing their entrepreneurial venture or who wish to harness their creative problem solving skills to boost their professional and career education development,\u201d said Marvin Martinez, President of ELAC.<\/div>\n<div><\/div>\n<div>\u201cBy focusing on entrepreneurs that are often overlooked by other incubator and accelerator programs, we are democratizing access to capital, markets, and financial and businesseducation, resulting in more sustainable community-based businesses, quality jobs, and wealth generation,\u201d commented Brent Imai, Founder of OmniWorks.<\/div>\n<div><\/div>\n<div>\u201cESTEC LA is designed to inspire and engage participants in the technical and fundamental aspects of an entrepreneurial mindset and the unlimited opportunities it can provide.Built on a rigorous and relevant framework and network of partners, our highly interactive program will enable participants to learn first- hand from successful entrepreneurs,\u201dsaid Paul De La Cerda, Dean of Resource, Economic\u00a0Development and Innovation &amp; Executive Director of ELAC Foundation.<\/div>\n<div><\/div>\n<div>\u201cToo few businesses, especially those owned by women, minority and veteran entrepreneurs, have access to flexible financing and the support services that are so critical to growth,\u201d said Joseph Skowera, a Senior Vice President and Business Banking Market Manager for Chase in Los Angeles. \u201cYet it is these businesses that are uniquely positioned to revitalize local economies. Creating greater economic opportunity must be a responsibility for all of us. JPMorgan Chase is delighted to support the ESTEC LA Incubator-Powered by OmniWorks and its important mission.\u201d<\/div>\n<div><\/div>\n<div>\u201cThrough The MUFG Union Bank Foundation, Union Bank is proud to provide financial support to help launch the first business incubator program in the East Los Angeles region,\u201d said Kathy Patoff, Chief Operating Officer, and The MUFG Union Bank Foundation. \u201cThis grant demonstrates our commitment to equipping students, who may have more significant barriers to entry, with the skills and support they need to make their entrepreneurial dreams a reality.\u201d\u00a0If\u00a0you are\u00a0an\u00a0entrepreneur\u00a0<wbr \/>interested\u00a0in\u00a0the\u00a0program please\u00a0create\u00a0a\u00a0profile\u00a0for\u00a0<wbr \/>consideration\u00a0at\u00a0<a href=\"http:\/\/estecla.com\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/ESTECLA.COM&amp;source=gmail&amp;ust=1522091043302000&amp;usg=AFQjCNGCZUzXgs3oE4v_U0TWTPf4QEO2Pg\">ESTECLA.COM<\/a><\/div>\n<div><\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>March 23, 2018 (Los Angeles, CA)&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-6700","post","type-post","status-publish","format-standard","hentry","category-ca-local"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/6700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6700"}],"version-history":[{"count":2,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/6700\/revisions"}],"predecessor-version":[{"id":6702,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/6700\/revisions\/6702"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}