Thursday, January 10, 2008

Changing the Name of the Lansing Community Micro-Enterprise Fund

The Lansing Community Micro-Enterprise Fund (LCMF) needs YOUR HELP!!! The board is currently looking to change the name of the organization to reflect the goals of the organization and we are looking for your help in picking the name. A little history is below for you to review and we have also picked three names. Which you can see to the right and now we are looking for a little feedback from YOU!!! With your help and feedback the Lansing Community Micro-Enterprise Fund will have a new look for 2008. Please take the quick survey to the right and help us pick a new name for the LCMF.

We would like to Thank you in advance for you help and our new name will be unveiled at the Silent Auction on Feb. 7th.


MISSION STATEMENT: to create opportunities for Mid-Michigan’s
entrepreneurs by offering business plan development and financial
literacy trainings, access to capital and networking opportunities.

THE LCMF BIO:
The Lansing Community Micro-Enterprise Fund (LCMF) is a micro-enterprise assistance and loan fund program in Lansing, Michigan. It exists to facilitate the development of new and /or growing micro-enterprises, which are rooted in the low and moderate-income areas of the city of Lansing. A micro-enterprise is a small business with five employees
or less that requires $35,000 or less in initial capital. The overall goal of the LCMF is that its clients will become self-sufficient and capable of participating in the economic mainstream contributing to a stronger Lansing.
The LCMF was founded as a collaborative effort by the City of Lansing, Michigan State University’s Center for Urban Affairs, Lansing Neighborhood Associations, Lansing Community College’s Small Business Development Center, Catholic Charities, First of America (now National City), and Michigan National Bank (now Standard Federal). The Mayor of Lansing established a Community Investment Committee with representatives of the above organizations soon after taking office in January of 1994.

6 comments:

Anonymous said...

I appreciate that a name change may better communicate your mission and I hope this new approach brings you success!

Anonymous said...

I like "Mid Michigan Business Academy" because it is fairly short and to the point; also, it doesn't limit you to Lansing alone, but leaves you open to businesses in at least the tri-county arrea, if not more. If I had a choice to edit the three options a bit, I would change this to "Mid Michigan Entrepreneur Academy" because that emphasizes that this is especially focused on people who are trying to start new businesses, which is really what you have been doing these last few years. The more generic "business" sounds like you would also work with large corporations, which I don't think you do.
--Kevin Hile

Anonymous said...

I like The Smart Start - for the Michigan Entrepreneur because that is exactly what it is. This program provides the basics for new businesses and for people thinking about starting a business. When I see the word Academy, I think of traditional school with a fancy title. The LCMF is far from that. It provides practical, dynamic and interactive learning and networking opportunities that are invaluable to new and future entrepreneurs. The Smart Start also grabs your attention.

Anonymous said...

If it truly serves only Lansing, than the Lansing * * * is more descriptive. However, if it reaches out futher than Lansing so that it can be said that it serves mid-Michigan, then Mid-Michigan Business Academy would be a better name. The mission statements says mid-Michigan, but the description mentions only Lansing. Who is your market?

Pat said...

MMBA seems best. At first, I thought, like Kevin, that MM"Entrepreneur"A would be better, but even though it is more accurate, it is so hard to say and spell!

I assume that the micro-loan "Fund" will still be operated and that gives the correct sense of scale and target audience.

Check right away to secure the appropriate Web address: MMBA.org or something similar!

Anonymous said...

MMBA is a good name... 1 vote yes.

Richard Clement