Project Opportunity was awarded a grant in the amount of $10,000.00 from the Kahlert Foundation to provide classes during 2019.
Project Opportunity is a free entrepreneurship training program which has been designed solely for veterans, active duty, and reserve personnel who want to start a small business. The prerequisite for those who wish to be considered to participate is they must have a solid idea of what business venture they want to start because the course is designed to develop and complete a comprehensive business plan instead of exploring the possibility of entrepreneurship. The program is a 10 week (30 hour) intensive cohort style course designed to prepare participants to research and complete a business plan.
The program also accepts veterans who have a small business and are looking to expand. The prerequisite for these candidates is they must demonstrate the need to expand their marketing efforts or the need to review and revise their financial plan.
Project Opportunity was awarded the Veteran Small Business Champion Award by the SBA Baltimore District Office in 2014. It provides veterans an alternative to traditional employment and offers them a chance to hone and utilize the skills and training they received while on active duty. Entrepreneurship is an excellent path for many veterans to choose and we are looking to expand our course offerings in the State of Maryland. Project Opportunity currently has a total of 253 veterans on the interest list for future classes, many in regions where we have not yet been able to establish Project Opportunity due to funding constraints. The generosity of the Kahlert Foundation allows us to conduct our first class in Prince George’s County where there are 82 veterans on the interest list.
Project Opportunity has had a total of 46 businesses registered with the Maryland Department of Business and Taxation creating a total of 171 jobs.