Bizdom U Seeks Entrepreneurs to Develop and Launch Businesses in Detroit

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Non-profit provides real-world, interactive training for future business owners

“It’s a commitment to the city and the people that continue to shape the future of our region and is a responsibility that can’t be taken lightly," said Ross Sanders, CEO of Bizdom U.

Bizdom U, an entrepreneurial boot camp, today announced it is seeking up to 20 entrepreneurs to join its Fall 2011 Detroit training session. Developed by Dan Gilbert, Founder and Chairman of Quicken Loans and Majority Owner of the Cleveland Cavaliers, Bizdom U is a nonprofit organization dedicated to launching innovative, growth-oriented businesses in Detroit and Cleveland.

Bizdom U provides entrepreneurs with all of the training, resources and mentorship necessary to start and operate scalable businesses. Entrepreneurs accepted into the four-month, full-time program receive training, a living stipend, laptops, smart phones and class materials – at no cost to them. Participants who complete the program and prepare an approved plan for a viable Detroit or Cleveland-based business may receive start-up funding from the nonprofit Bizdom U Fund of up to $100,000.

The comprehensive application and selection process is designed to discover those who have a passion for building something of value while enhancing the community.

“Being an entrepreneur in Detroit means so much more than simply being a business owner,” said Ross Sanders, CEO of Bizdom U. “It’s a commitment to the city and the people that continue to shape the future of our region and is a responsibility that can’t be taken lightly.”

The application deadline for the Fall 2011 Detroit training session is June 3, 2011. More information on Bizdom U can be found at http://www.bizdom.com, by e-mailing detroitinfo(at)bizdom(dot)com, or by calling 313-833-7800.

About Bizdom:
Bizdom is a comprehensive, non-profit, entrepreneurship boot camp with locations in Detroit, Michigan and Cleveland, Ohio. The program was launched in 2007 by Dan Gilbert, Majority Owner of the Cleveland Cavaliers, Operator of the Quicken Loans Arena (the "Q") and Founder and Chairman of Quicken Loans Inc,. Training is conducted by local entrepreneurs and professionals who share their real-world experiences with entrepreneurs in the program. During the four-to-six month, full-time program, entrepreneurs prepare plans for a business which must be located within city limits. Entrepreneurs whose plans are approved receive start-up funding of up to $100,000. Bizdom U maintains a share of ownership in each business, using its share of the proceeds to fund future entrepreneurs that will launch even more innovative businesses in these cities. For more information, visit http://www.Bizdom.com

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