Bank Foundation Gives $5K Grant To Training Program For Low-Income Entrepreneurs

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NEW BRUNSWICK – The Intersect Fund, a non-profit organization that provides a variety of business training services to low-income entrepreneurs, recently received a $5,000 grant from The Provident Bank Foundation.  The donation will support its Entrepreneur University program, an eight-week training course that helps entrepreneurs build a strong business.

“The donation from The Provident Bank Foundation allows us to continue providing high quality services to low-income entrepreneurs throughout central New Jersey,” said Rohan Matthew, executive director of the Intersect Fund.  “We are extremely grateful for their support.”

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Entrepreneur University is an eight-week boot camp where new entrepreneurs learn how to build their business and write a business plan.  They learn to craft a mission statement, target customers and analyze competition.  In addition, they receive research and marketing training, learn cost structure development, price strategies and how to register a business.

“The Intersect Fund has provided wonderful opportunities to entrepreneurs looking to develop their business ideas into viable, income-providing enterprises,” said Kendall Warsaw, executive director of The Provident Bank Foundation.  “We are pleased to support an organization that has helped many new business owners take control of their future.”

Named after the intersection of campus and community, the Intersect Fund was founded in 2008 by students at Rutgers University with a mission of empowering entrepreneurs to start businesses, generate income and build assets.  Since its inception, the Intersect Fund has served more than 150 clients, training them in the basics of running a business.  Aside from its Entrepreneur University program, the organization also provides tax preparation guidance, and offers small start-up loans to qualified graduates of its business training program.

More information about the Intersect Fund is available at www.intersectfund.org or by calling 1-732-447-1324.


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