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[[image]] 4 men in formal attire]]

WE PROVIDE...

ICBO PROMOTES MINORITY ECONOMIC GROWTH BY ACTING AS AN ADVOCATE OF THE FREE ENTERPRISE SYSTEM FOR MINORITIES, AND BY PROVIDING SERVICES FOR MINORITY ENTERPRISE DEVELOPMENT.

ICBO HAS PERFORMED THESE SERVICES FOR ALMOST TWO DECADES. IN 1979, AND CONTINUING INTO THE FORESEEABLE FUTURE, THE FOCUS OF OUR EFFORTS HAS BEEN CONCENTRATED ON LARGER MINORITY OWNED BUSINESSES- THOSE WITH A POTENTIALLY GREATER IMPACT ON LOCAL NEIGHBORHOODS AND AREAS: TO PROVIDE EMPLOYMENT FOR MINORITY WORKERS, TO BRING CAPITAL INTO THE AREA FROM EXTERNAL REGIONS RATHER THAN JUST RECYCLING LOCAL CAPITAL, TO HAVE A MORE MEANINGFUL IMPACT ON THE MINORITY POPULATION AND THE TOTAL ECONOMY.

ICBO'S MAJOR SERVICES ARE LISTED BELOW.

1. IDENTIFIES AND EVALUATES BUSINESS OPPORTUNITIES, INCLUDING FIRMS AVAILABLE FOR ACQUISITION AS WELL AS OPPORTUNITIES FOR NEW BUSINESSES AND FOR EXPANSION OF EXISTING MINORITY FIRMS. ADVISES MINORITY ENTREPRENEURS AND POTENTIAL ENTREPRENEURS OF SUCH OPPORTUNITIES.

2. EVALUATES BUSINESS PROPOSALS BROUGHT TO ICBO BY MINORITY MEN AND WOMEN SEEKING ASSISTANCE.

3. HELPS MINORITY ENTREPRENEURS DEVELOP FEASIBILITY STUDIES AND DETAILED BUSINESS PLANS FOR NEW BUSINESSES, AND MARKET EXPANSION PLANS FOR EXISTING FIRMS.

4. HELPS MINORITY ENTREPRENEURS OBTAIN CAPITAL FROM PRIVATE SECTOR AND GOVERNMENTAL SOURCES TO FINANCE NEW VENTURES, FOR ACQUISITIONS, OR FOR EXPANSION.

5. PROVIDES ONGOING MANAGEMENT AND MARKET DEVELOPMENT ASSISTANCE TO CLIENT BUSINESSES.

6. THROUGH MANAGEMENT TRAINING PROGRAMS, PROVIDES COURSES TO MINORITY GROUP MEMBERS IN FUNDAMENTALS OF BUSINESS OPERATION, AND SPECIALIZED SEMINARS RELATING TO SPECIFIC ASPECTS OF BUSINESS OPERATION.

IN GENERAL, ICBO FOCUSES ON MINORITY VENTURES WHICH INVOLVE CAPITAL OF $500,000 OR MORE AND HAVE ANNUAL GROSS SALES POTENTIAL OF $1 MILLION OR MORE. ICBO'S SERVICES ARE PROVIDED BY ITS PROFESSIONAL STAFF AND BY VOLUNTEER CONSULTANTS FROM THE CORPORATE SECTOR.

[[images - 3 scenes from the meeting]]

Transcription Notes:
-Why all caps? -Sloppy transcription with multiple typos needing lots of corrections