News Summary
Greenwood is set to launch the Propel Business Lab, a 12-week business accelerator program aimed at empowering aspiring entrepreneurs. In partnership with VisionGreenwood, this initiative offers essential training, mentorship, and a chance to win a $5,000 startup grant. Applications are open until September 12, promoting inclusivity among participants from various backgrounds. This program reflects a commitment to economic growth and diversity in South Carolina’s entrepreneurial landscape.
Greenwood Launches New Propel Business Lab Entrepreneur Cohort
A new cohort of the Propel Business Lab is set to launch in Greenwood, aimed at providing essential business training to aspiring entrepreneurs. This initiative is a partnership between VisionGreenwood and Lander University, designed to cater to individuals looking to start or grow their businesses.
Program Overview
The Propel Business Lab is a 12-week accelerator program focused on equipping participants with practical, community-driven business knowledge. The program emphasizes hands-on education, mentorship, and a live pitch competition to foster sustainable, locally rooted business development.
During the program, participants will gather weekly to work on a comprehensive business plan, improve their marketing and financial literacy, and enhance their digital presence. The cohort culminates in a live pitch competition, where one standout participant will be awarded a $5,000 startup grant.
Economic Impact and Success Stories
Since its inception in 2022 in Barnwell, the Propel Business Lab has successfully graduated over 90 entrepreneurs. These graduates have collectively generated an estimated $3.4 million in annual economic impact across the Central Savannah River Area, which includes Allendale, Barnwell, and Bamberg counties. This statistic underscores the program’s effectiveness in bolstering local economies through entrepreneurship.
Commitment to Local Development
Kay Self, the executive director of VisionGreenwood, highlighted the significance of bringing the Propel Business Lab to Greenwood, reflecting a community commitment to economic vitality through entrepreneurship. Lloyd Willis, dean of the College of Business and Technology at Lander University, noted the vital role of entrepreneurship in driving local innovation and job creation.
Program Accessibility
The collaboration between VisionGreenwood and Lander University aims to create a more inclusive and accessible entrepreneurial ecosystem across South Carolina. Aspiring entrepreneurs of all experience levels and business structures are encouraged to apply for the program, which is particularly aimed at fostering diversity in the business landscape.
Applications for the Greenwood cohort are currently being accepted and will close on September 12. Interested individuals can submit their applications and secure a chance to participate in this transformative program.
Participation and Costs
A $100 participation fee is required for those selected, which covers all program materials and also includes six months of post-program mentorship. Moreover, participants who successfully complete the program will earn three hours of course credit from Lander University, adding further value to the experience.
Conclusion
The launch of the Propel Business Lab cohort in Greenwood represents a significant opportunity for local entrepreneurs to gain the knowledge and skills necessary to thrive in today’s business landscape. By fostering an entrepreneurial spirit and supporting business development, this initiative is poised to have a lasting impact on the community and its economy.
Deeper Dive: News & Info About This Topic
HERE Resources
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South Carolina Celebrates Local Business Support
Greenwood to Develop GGC Partnership Campus for Innovation
Kobe Digital Expands into Miami with New Office
Lander University’s Sport Management Program Sees Enrollment Surge
Lander University Students Excel in Sporting Events
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Additional Resources
- PR Newswire: Sharp Named 2025 Best Place to Work in South Carolina
- Google Search: Best Places to Work in South Carolina
- Greenville Business Magazine: Top Workplaces – The 2025 Winners
- Encyclopedia Britannica: Entrepreneurship
- Newswire: DIN Development Corporation Named to 2025 Best Places to Work
- Google Search: Business Accelerator Programs
Author: HERE Greenwood
The GREENWOOD STAFF WRITER represents the experienced team at HEREGreenwood.com, your go-to source for actionable local news and information in Greenwood, Greenwood County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Festival of Flowers, Greenwood Community Theatre performances, and agricultural showcases at the Greenwood County Fairgrounds. Our coverage extends to key organizations like the Greenwood Chamber of Commerce and the Greater Greenwood United Ministry, plus leading businesses in manufacturing and healthcare that power the local economy such as FujiFilm Manufacturing and Self Regional Healthcare. As part of the broader HERE network, including HERECharleston.com, HEREColumbia.com, HEREGreenville.com, and HEREHiltonHead.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
