In June, Deb Field, co-owner of Paperjam Press in Beaumont Village, graduated from a prestigious, small-business accelerator program sponsored by Goldman Sachs at Babson College in Massachusetts.
“It was a great opportunity to concentrate on our business and to determine our best opportunities to grow,” said Field. “The result was an 80-page growth plan, a mission statement, an operational process map and much more. Our growth plan will be to offer more pre-designed wedding invitation suites to our local market. We’d like to bring on two new employees at Paperjam and reach out to the LGBTQ community with an extended line of wedding invitations.”
The 10K Small Business Entrepreneur Program connects small business owners with a nationally sourced class of peers for 12 weeks of education, through a blend of online learning and on-campus sessions. Beginning in 2013, the college developed a curriculum to encourage business owners to think more strategically about their business and their opportunities for growth.
“I would recommend this program to any small business owner who wants to determine ways to grow their business,” said Field. “You need to be prepared to work rigorously, though, and it requires some time away from your business to do the work and travel to Boston to meet with the other owners that are participating.”
In order to qualify for the program, participants need to have been a small business owner for more than two years, have a minimum of $150,000 in annual revenue and more than four employees, and be actively involved in their local community.
For more information on the program, visit www.babson.edu. To talk to Fields at Paperjam, call (503) 238-5777, ext. 16.