BIPOC Entrepreneurship Through Acquisition

Interested in entrepreneurship through acquisition? Find out why now is the best time to buy an established small business.

BIPOC Entrepreneurship Through Acquisition (bETA) is an 8-week program designed to give BIPOC entrepreneurs and aspiring entrepreneurs in Rhode Island the knowledge, tools, and access to the capital they need to acquire and run an already existing and successful small business.

Starting a business from scratch is hard. You have to validate your idea, raise funding, attract customers, build operations, and beat the daunting odds of a 90% failure rate. Buying a business allows you to shortcut all of this and make money on day one of becoming a business owner.

bETA will be delivered in two parts:

1. 90-min. Introductory Workshop

Date: February 8, 2023 at 5:30 p.m. ET | Location: Virtual

This 90-minute Introductory Virtual Workshop will cover 1)What is Entrepreneurship through Acquisition (ETA)? 2) How is it different from traditional Entrepreneurship? 3) What will be covered in the course? and 4) What is expected of you in terms of a time commitment?


  • Help you understand what is ETA
  • Help you come to the conclusion on whether or not the 8-week course is a good fit

Key Takeaways:

  • The risks, challenges, and upside of ETA
  • Self-assess whether you are ready to embark on entrepreneurship through an acquisition path

2. Eight-Module Course | Apply

In-person 1st, 4th and 8th modules at CCRI Liston Campus, Virtual weekly on Mondays and Fridays at 6 pm EST

The bETA Course is comprised of three in-person workshop modules and 5 weekly virtual sessions spread over an 8-week period.

Each Module will have participants get more in-depth knowledge about the process of acquiring a business – from finding a target, to what to look for in due diligence, to financing it and running it. Here is what is covered in each week:

  • ETA Bootcamp Understanding ETA, Search models, Why You? Search Process
  • Valuation workshop Valuation drivers, Financial Analysis, Deal Structuring
  • Due Diligence Financial Due Diligence, Operational due diligence, Confidential Information Memorandums (CIM) reviews
  • Acquisition process Finding a target, Making an offer, LOI, What to look for in a target
  • Getting to Close Financing, Structuring
  • Management of Small firms What to expect? P&L management, Cashflow management
  • Change Management What to do in the first 100 days
  • Starting your Search Introductions to Brokers


  • De-mystify the ETA process
  • Make you investor ready
  • Connect you with the right resources to make you successful

 Key Takeaways:

  • Knowledge about the process and the steps involved
  • Tools to make you successful
  • Certificate of Completion

Post-Program Support

Upon successful completion of the course, entrepreneurs may qualify for stipends, 100% Impact Acquisition Financing, and Free Services for due diligence, structuring, and closing.

How To Participate

  1. Register for the Virtual Introductory Workshop
  2. Attend the Introductory Workshop and determine if bETA is a good fit for you
  3. Apply for the full bETA Course after completing the Introductory Workshop

For additional program details, please visit the FAQs page or email Sonia Moin at

Thank You to Papitto Opportunity Connection for sponsoring this program

The bETA  program is brought to you by the following partners

CCRI-Workforce logo


ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.


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Roxbury MA 02119
Phone: 617-238-1740

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