The Urban Vision Initiative set up to help business ideas
CHATTANOOGA (WDEF) – U-T-C has started a new program to assist disadvantaged entrepreneurs.
The Urban Vision Initiative has been launched to help those starting in Chattanooga’s under-served areas.
According to U-T-C, eighteen percent of Chattanoogans live in poverty, and this program is intended to offer entrepreneurs from impoverished backgrounds with mentoring on how to achieve profitability as quickly as possible.
The program will rely on collaboration between staff and students, who will act as advisors.
“Marketing, accounting, PR, operations, and then in the cross-campus kind of connection, you’ve got creative arts and you’ve got the health and wellness centers, all of whom will collaborate on the campus side.”
The Urban Vision initiative is funded largely by the Frost Family Foundation.
The program’s goal is to foster the development of one hundred sustainable new businesses in the next five years.