It is no surprise that Grand Junction is a major hub of economic development on the Western Slope, but starting a small business is no easy task.
“It’s just a thrill to be able to look around the Grand Valley and see who we’ve been able to help as far as either starting their business or continuing to grow their business,” says Business Incubator’s Executive Director, Helen Roe.
Successfully guiding minority and women-owned businesses through the confusing and overwhelming journey of entrepreneurship is exactly why a new grant from Wells Fargo will change lives.
“We’ve been awarded a $25,000 grant from Wells Fargo bank and that particular grant is going to help us provide additional resources to minority business owners and also women-owned businesses,” Roe continues.
According to the 2021 Annual Business Survey (ABS), approximately 18.7% of US employer businesses were minority owned and 40% of businesses are women-owned.
The Business Incubator Center offers several resources to small business owners and those looking to start a business such as a commercial kitchen, workshops, assistance with your business plan, coaching and classes.
“So anyone who needs any kind of information about how to start their business or grow their business – they can call down and actually get a one-on-one consulting session for free,” Roe says.
This is giving women and minority entrepreneurs in Western Colorado a newfound path to success.