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14 Giving Guide 2020 Worcester Business Journal www.wbjournal.com Entrepreneurship for All Launch Eforall in the Greater Worcester area in 2020. John Esler Chair David Parker EforAll CEO MISSION STATEMENT SERVICE AREA: Communities Nationwide Entrepreneurship for All (EforAll) is accelerating economic and social impact in communities nationwide through inclusive entrepreneurship. Foundations ......................... 32% Individuals ........................... 31% Government ......................... 21% Corporations ........................ 16% PRIMARY FUNDING SOURCES: John Esler, EforAll Worcester Founding Committee, Chair Ed Augustus, City Manager, City of Worcester Mary Casey, Managing Attorney, Harbor Law Group Mike Grenon, VP & Principal, Grimes & Company, Inc. Sheila Harrity, Superintendent-Director of Montachusett Regional Vocational Technical School District Sue Mailman, Chairwoman/Treasurer, Coghlin Electrical Contractors, Inc. Barry Maloney, President, Worcester State University Joe Pagano, Owner/Founder, Pagano Media Luis Pedraja, President, Quinsigamond Community College Peter Stanton, Publisher, CEO, Worcester Business Journal Entrepreneurship for All 175 Cabot Street, Suite 100 Lowell, MA 01854 Phone: 833-336-7255 eforall.org Full-time employees: 33 2019 revenues: $5M Year founded: 2010 WORCESTER FOUNDING COMMITTEE FUTURE GOALS 50% of seed funding has been raised to launch EforAll for 3 years. The balance of funding will come from individuals, foundations, and corporate investment. A vibrant grassroots ecosystem helps communities thrive. EforAll's success depends on volunteers to help support entrepreneurs through their journey. There are many ways to get involved. Mentoring. Advise entrepreneurs through weekly online meetings for first 12 weeks of EforAll's Accelerator program. A great way to learn and connect with the community. Local community Content Specialists, Event Judges and Application Readers. Local Advisory Board. Comprised of 8+ local business and community leaders. FUNDRAISING OPPORTUNITIES VOLUNTEER OPPORTUNITIES According to EforAll founder Desh Deshpande, cities that are economically challenged need to change from the inside. "The people who live in these communities know what kinds of businesses will work there. And it turns out that in every community, there are would-be entrepreneurs. EforAll was founded to support these entrepreneurs on their journey." The EforAll Accelerator Program is a free, one-year program offered twice a year in each of our communities. This program offers a unique combination of immersive business training, mentorship and access to an extended professional network. Anyone with a dream to start or grow a business or nonprofit is encouraged to apply. The program is also offered in Spanish in many of our communities. PROGRAM OVERVIEW Monica Thomas-Bonnick, VP/Business Lender Officer, Webster Five Bank Eric Torkornoo, VP, TD Bank Elaine Vescio, Director of Entrepreneurship, Worcester State University