Thursday, February 26, 2009

Developing Entrepreneurial Ventures for the Arts

The New York Council of Nonprofits (formerly the Council of Community Services of New York State, Inc.) will offer Entrepreneurial Ventures for the Arts in 2009. This specialized training, supported in part by the New York State Council on the Arts, will address the interests and markets of arts organizations in exploring alternative revenue generating activities. With funding cuts, decreasing donations, and growing economic challenges, the need is greater than ever to develop other sources of unrestricted operating revenue for arts organizations. An entrepreneurial venture takes calculated risk based on sound facts and adherence to rules and regulations, and this two-day session can help organizations figure out the feasibility and keys to success in undertaking such ventures.

Unlike traditional social entrepreneurship trainings, this curricula will include but extend beyond business planning and include expert assistance and advice on legal and tax related matters. This training course is a highly interactive immersion into the world of innovation and revenue generation. Participants learn through instructional and peer-learning experiences how to develop and practically apply "real world" elements of entrepreneurial ventures to their organization, including strategies on developing board understanding and support for such ventures. At the conclusion of the program, participants will be invited to submit a business venture plan for development, which will be reviewed and given constructive feedback.

Entrepreneurial Ventures for the Arts will be offered on two dates this year. The first program will be May 7 and 8 at the Support Center for Nonprofit Management in New York City. The second program will be held July 9 and 10 in Albany at the Council of Community Services of New York State. For more information and registration, click NYC or Albany. You can also call 1-800-515-5012 ext 141.

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