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Future entrepreneurs in Moniteau County will have the opportunity for a one-day training on how to get started on their dream of owning their own business.

Entrepreneurial U will be 9 a.m.-4 p.m. Feb. 15 at Co-Mo Electric, Tipton, and will cost $99, with lunch included.

The program is an alternative to the multi-week Launch U provided in 2018 by the Moniteau County Regional Economic Development (MRED) board. The minimum number of participants, 5, was not met.

The local economic board, however, did not want to go without offering an educational program for local entrepreneurs, said MRED President Mike Kelley.

The one-day program has the same instructor as Launch U, Kelly Asbury, director of the Small Business and Technology Development Center out of State Fair Community College, Sedalia.

Entrepreneurial U training objectives include developing a business plan, locating financing, how to hire and train employees, how to run a business and how to grow a business. The University of Missouri Extension also supports the training.

Asbury will be available for one-on-one follow up after the training with no-cost counseling, consulting and coaching.

Agriculture owners may not realize that they are entrepreneurs, too, Asbury said. She encouraged new-generation farmers, in particular, to consider the training.

"MRED has been a tremendous partner in bringing different programs to the area," Asbury said.

She covers 12 counties for the small business center. And every county has some organization like MRED actively seeking training and support for its small businesses, Asbury said.

"We hope we have as much success with Entrepreneurial U as we did with Launch U," Kelley said. "We had good businesses come out of it."

Kelley said he expects business growth in rural Missouri to come from small business, which will create jobs and keep the local economy strong.

"MRED's goal is to improve economic opportunities for businesses and individuals; Entrepreneurial U fits right in," he said. "We expect a majority of our growth to come by home-grown business."

Call 660-596-7350 or send an email to [email protected] for more information.

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