LA-ERIC Center

(LANCASTER AVENUE ENTREPRENEUSHIP REFERRAL & INFORMATION CENTER)
A Community Co-working Innovation space for people looking to start or grow a business. The center provides Management Consulting and Advisory services, Referral and Information Resources, fully equipped computers, and business meeting spaces with free WiFi & coffee.

LA-ERIC is where we engage you and direct you to the correct resources.Through LA-ERIC’s Hub, entrepreneurs will be given the opportunity to turn ideas into action plans. LA21 is partnering with the Community College of Philadelphia and SCORE Philadelphia to provide a FREE, six-week basic small business training to educate business owners on the ins and outs of starting a business. Training starts September 2019.

One of the primary functions of LA-ERIC is to connect and refer local business owners with resources to grow and improve their businesses, such as CCP’s Power Up Your Business and Goldman Sachs’ 10,000 Small Businesses, both partners of LA21.

LA-ERIC has a strong advantage due to its location in University City, surrounded by Drexel University and the University of Pennsylvania. Both universities are community partners of LA21 and will serve as referral sources for new and existing businesses.

We are here to ensure that start-up entrepreneurial companies are successfully accelerated towards successful development through diverse business support resources as well as services. Our aim is to ensure that we achieve a 90% success rate with all those who see our services here in West Philadelphia at 3500 Lancaster Avenue.

Services

LA-ERIC provies FREE Entrepreneurship Training in partnership with Community College of Philadelphia with follow-up Support & Technical Assistance services.

Our aim is to ensure that we help our members attain their goals. We also intend to have a synergy of multiple referral and information services so as to have optimal outcomes that will be most suitable for specific needs of our clients.

The space will serve as a hub for entrepreneurs and remote workers to connect via our free WI-FI, and for organizations and businesses to host meetings and workshops.

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Free Basic Business Training

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Referral and Information Resources
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Work space to people looking to start or grow a business.
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FREE mentoring

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Consultancy and advisory services for already existing businesses
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Provision of technical assistance and Marketing Consultancy

LA-ERIC Programs:

  • LA21 Business Start-Up Program – Concept Assessments – Flesh Out your business IDEA
  • LA21 Scale Up Your Business Program
  • LA21 Business Accelerator Bootcamp & Workshops
  • LA21-TAP (Technical Assistance Program)
  • LA21-BAP –Business Ambassadors/Mentoring Program 

Topics & Resources:

  • Business Fundamentals:
    • Managing Change
    • Case Management and Business Navigation
    • Bookkeeping/Accounting
    • Building or Fixing Credit
    • Cash Flow Projections/Analysis
    • Customer Acquisition
    • Digital Marketing
    • Legal Support
    • Licenses & Registrations
    • City, State and Federal business support programs
    • Tax Filing & Advice
    • Business Ambassadorship, Shadowing & Mentoring
  • External Business Evaluation:
    • Market Analysis Competitive
    • Environment Analysis
  • Internal Situation Evaluation:
    • Business Model Evaluation
    • Risk & Growth Opportunity
    • Financial Prospective