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OCA Announces Entrepreneur Empowerment Training Program in New York City Area
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OCA Announces Entrepreneur Empowerment Training Program in New York City Area

FOR IMMEDIATE RELEASE
December 5, 2007

Contact:
Hope Chu | Communications Manager
202 223 5500 | hchu@ocanational.org 

New scholarship program funded by State Farm® targets APA Entrepreneurs in the New York City Area 

New York – OCA, a national organization dedicated to ensuring social justice for Asian Pacific Americans, is proud to announce the expansion of its entrepreneurship training workshop series, the Entrepreneur Empowerment Training (EET) program, to the New York City area.

The EET will provide a limited number of full scholarships to entrepreneurs in the OCA and APA communities in the New York City area to attend a 10-week business development program, which will include classes on how to grow your business, marketing and finance. The program will run from mid-February through April, 2008, and is valued at $1,000.00.

The EET is run with generous support from State Farm®, and in partnership with OCA’s New York, Long Island, New Jersey, and Westchester/Hudson Valley Chapters and the Women’s Venture Fund (WVF), a member of the Association of Women’s Business Centers (AWBC).

"OCA is excited to be working with State Farm® and AWBC to provide this valuable workshop for our members,” said Michael Lin, OCA Executive Director, "We are confident that this program will help participants fulfill their goals of financial independence and economic well-being.”

"This is an opportunity for Asian Pacific Americans in the New York City metro area who are serious about growing their businesses,” said Vicki Shu Smolin, OCA-New York Chapter President, "We are delighted to bring this program to the New York City area, where there is a great concentration of APA small business owners.”

"We’re looking for committed individuals who are ready to take their business to the next level. Because of the high rates of entrepreneurship in the APA community, this program is especially relevant to OCA,” said Gladys Yan, OCA-Long Island Chapter President, "We are proud to continue to support the APA community through this new initiative.”

"The number of APA-owned businesses in the U.S. has grown significantly over the past decade, and we’ve seen similar growth locally,” said Florence Chen, OCA-New Jersey Chapter President, "OCA is dedicated to helping APAs increase their contributions to the business community in the area.”

"The EET will help OCA continue its dedication to embracing the hopes and aspirations of Asian Pacific Americans,” said Jeannette Wang, OCA-Westchester/Hudson Valley Chapter President, "The program will allow us to carry out this commitment in a very tangible way.”

"The Entrepreneur Empowerment Training reflects State Farm®’s commitment to the APA community to help build stronger communities through financial education,” said Leslie Moe-Kaiser, Corporate Relations Manager, State Farm®, "State Farm®’s mission is to "help people realize their dreams.” We are proud to sponsor this program that is close to our core.”

"This intensive 10-week course covers the essential skills needed to start and expand a business,” said Maria Otero, Founder and President of WVF, "Participants will graduate with a vision for success and an in-depth action-oriented business plan. With the Entrepreneur Empowerment Training, the WVF is thrilled to provide training and assistance to the growing community of APA entrepreneurs.”

The curriculum will help participants develop the skills of a successful entrepreneur, including raising capital; preparing financial statements, sales projections and cash flow; conducting market research and analysis; improving operations and managing growth; and other financial and operational basics.

The New York City area program will launch in mid-February 2008 at the Women’s Venture Fund’s NYC office on 8th Avenue. Applications are available online at www.ocanational.org and are due by January 18, 2008. Accepted applicants will be notified by February 8, 2008.

Questions or requests for applications can be directed to Hope Chu ( hchu@ocanational.org or 202 223 5500). 

Founded in 1973 as the Organization of Chinese Americans, OCA is a national organization dedicated to advancing the social, political and economic well-being of Asian Pacific Americans. OCA is comprised of over 80 chapters and affiliates across the nation advocating for social justice, equal opportunity, and fair treatment; promoting civic participation, education, and leadership; advancing coalitions and community building; and fostering cultural heritage.

State Farm® insures more cars and homes than any other insurer in the U.S. and is also a leading insurer in Canada. State Farm's 17,000 agents and 68,000 employees serve over 76 million auto, fire, life and health policies in the United States and Canada, and more than 1.7 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.

The Women’s Venture Fund (WVF) is a non-profit organization that assists entrepreneurs to grow their businesses through training, business counseling and a micro-loan program. The WVF is one of about 100 Association of Women’s Business Center (AWBC) members throughout the U.S. Founded in 1998, the purpose of the AWBC is to create a world where economic justice, wealth and well-being are realized through the collective leadership and power of successful entrepreneurial women.  WVF online:http://www.womensventurefund.org/. AWBC online: http://www.awbc.biz. 

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