Business Consulting Services: Several universities and institutions provide intensive business consulting services to small businesses to help businesses grow and secure financing from a variety of sources including government, grants, banks, and other lenders. Businesses work with a business consulting team, usually for3-5 weeks, at time convenient for the business.
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Mentoring and/or Coaching Services: Regularly scheduled 1:1 advice with experienced business experts/counselors to explore and how to navigate business problem solving, and/ or how to strategically plan to grow your business, access funding/capital, and network with service providers, customers, or investors
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Business Boot Camp: Intensive multi-day learning experiences where experts, in a very specific business, are leveraged to provide instructional sessions with entrepreneurs and business owners to focus on specific subject matters, such as applying new technology and strategic planning. Networking and pitch sessions, where business practice presenting business ideas to investors, is typically included with financial awards.
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Business Plan Competition: Business plan competitions are a popular way to compete for cash investments in small businesses. Owners present their business plan to a panel of judges. Awards vary in Miami—from $10,000 to $250,000.
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Co-Working Space: Co-working spaces provide affordable, flexible space for entrepreneurs and small teams, when traditional office space is not available, or cost prohibited. Co-Working spaces provide a range of on-site amenities, including networking events, shared conference rooms, administrative support, business development training, and occasional pitch competitions.
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Business Incubator: Incubators provide low-cost long-term leases for qualifying businesses, mentoring, networking, and/or consulting services to grow your business. The goal of most incubators is to provide low-cost space and capacity building resources to support new businesses in early stages development.
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Business Accelerator: Accelerators provide intensive 6–12-week capacity building services for established businesses ready to move to the next level of growth. Services include mentoring from professional consultants/business experts and investors to perfect your business model, and how to strategically plan to scale up business. Businesses in an accelerator meet 3-7 times per week, and collaborate with small businesses, share and explore best practices, network and engage in a Co-Working space. The program concludes with opportunities to present business ideas to potential investors and funders. Some accelerator programs require a sharing of a small percentage of ownership (4%-6%) in the business.
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