What is the purpose of the weVENTURE portion of the program?

The 24-week weVENTURE business coaching and mentorship program will help applicants gain further education regarding topics such as business management, finance and budgeting, marketing, product/service development, and human resources. In addition, the selected applicants will work with weVENTURE to refine a business plan appropriate for a start-up business or existing business expansion.

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1. What is UpStart Cocoa?
2. Am I eligible to apply for an UpStart Cocoa Forgivable Loan?
3. What is the community enrichment requirement of the program?
4. How will the funds be provided to the chosen business?
5. What is the purpose of the weVENTURE portion of the program?
6. Who is on the UpStart Cocoa and UpStart Diamond Square review committees?
7. How will applications be reviewed?
8. What factors will the review committee use for funding recommendations?
9. What are the conditions of the loan agreement once funding recommendations have been made to City Council?
10. How do I get reimbursed for eligible expenses?
11. What happens if I do not comply with the terms of the loan agreement?