Q.What type of
services are IBSA participants receiving?
A.Participants receive general business training and
graduate on to more specific training elements. Participants are
assigned a business counselor and are offered multiple individual
business counseling sessions.
Q.What topics are covered in the general training
elements section?
A.Topics include marketing, business management,
constructing a business plan, and business mindset.
Q.What topics are included in the specific training
elements?
A.Topics include cash flow, financing, legal
requirements, insurance, bookkeeping, and taxes.
Q. How do these training elements fit together?
A.All of these items culminate into the construct of a
viable business plan. The business plan serves as the entrepreneur's
roadmap to implementing and running his or her business. The business
plan also serves as the primary document from which loan decisions
will be made.
Q.What is an individual training account (ITA)?
A.An ITA is the method by which training funds are
accessed in the one-stop center. Enterprise
Training is an allowable training activity under the Workforce
Investment Act.
Q. What are needs-related payments?
A.Needs-Related Payments are a permissible local
employment and training activity. Eligibility for such payments is
determined on a case-by-case basis. Needs-related payments are
subsistence level payments to program participants while in training. We
encourage the use of such payments for those who have not qualified for
unemployment compensation and unemployment insurance (UI) exhaustees.
Q.What type of community outreach is taking place?
A.Community outreach includes public service and local
media announcements, fliers, town-hall meetings, focus groups, community
advisory panels, a toll-free number, brochures, and posters. We are
exploring all avenues of community outreach, and through the town hall
meetings, we are receiving feedback on the best ways to engage the local
community.
Q. What is the phone number for IBSA's program information?
A. The number is 1-785-232-IBSA (4272).