With the increasing international population and the important role that immigrants play in Louisville's business community, the Office of Globalization launched a program to cater to refugees and immigrants who want to start or expand a business.
Refugees and Immigrants Succeeding in Entrepreneurship (RISE) is a collaborative effort between metro government, nonprofits, and private partners to create a path for immigrants and refugees to establish or expand a business. The program assists immigrants and refugees by facilitating economic success through business ownership or expansion, with one-on-one counseling and connections to necessary resources in the community.
RISE is staffed by a interdisciplinary group representing various agencies in metro government. It empowers international newcomers to engage in successful enterprise development.
The process includes four steps for success:
- Assess - evaluation to determine various skill sets, such as language or vocational experience
- Educate - cultivation of business ideas and assistance in obtaining essential training for operating and planning a successful business
- Invest - preparation of viable business concepts for capital based on financial possibilities. RISE is engaged with various funding mechanisms.
- Mentor - implementation of concepts through continued support. The new business owner is linked with a peer mentor to provide hands-on guidance and best practices during the start-up of their venture.
For more information, please contact us, call (502) 574-2867.