In addition to our dynamic workforce development programs, Apex Solutions is uniquely positioned to assist small businesses to scale efficiently, build resiliency, and grow. This can occur through partnerships, training, consulting, or the mentoring process. Although we have a particular interest in clients that are socially and economically disadvantaged individuals (SEDI), we are prepared and capable to assist every client in need. Our team is comprised of seasoned and successful professionals with the goal to provide exceptional service to our clients and exceed their expectations.
Normally, incubators require six months or longer to successfully assist an SEDI entrepreneur to successfully launch. In this instance, Apex Solutions Group has a built-in pipeline of SEDI clients that already participate in our workforce development cohorts. Our cohort majors are focused on:
a) Project Management (PMP, CAPM)
b) Pre-Apprentice Trades (electrical, plumbing, carpentry, OSHA-10 & 30, TWIC, etc.)
c) Graphic Design (with, Scrum Master (CSM), MS Office 365, etc.)
In this scenario, clients who complete our three-month programs and then enter our suggested version of the MBDA Capital Readiness program will be set up for a successful future. Additionally, Apex will utilize its extensive network to help other SEDI clients launch their small business ventures through a longitudinal process that will include a mentor matching the clients’ NAIC codes and business segment.
Typically, an accelerator approach assisting entrepreneurs should last three or more months. Apex Solutions Group already works with over two dozen small businesses in our area of operations (Tri-State NJ, NY, PA) that are interested in completing an MBDA program that strengthens their business and leads to access to capital. As mentioned, our three-to-five-month cohort program, including recruiting and administrative enrollment will engage small businesses via New Jersey state level organizations (see our recruiting plan), and also assist these businesses in their efforts to successfully monetize all programs that NJ has to offer. Again, the end-state goal in addition to providing access to capital, is to ensure the SEDI clients are strategically focused to ensure increased resiliency in a world where according to the Bureau of Labor Statistics 20% of small businesses fail in year one, 30% fail in year two, and by year five, 50% fail (McIntyre, 2020).