With the increase in 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 wanting 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, and will empower 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.