SMALL BUSINESS RESOURCES
Nicole Sidoff
City of Evansville
Community Development Director
December 2013
Overview
TOPICS

SOURCES

 General

 Local

assistance
 Grants, loans, incentives
 Training opportunities
 Mentoring ...
LOCAL RESOURCES
Local Resources
City of Evansville
 One stop shop for planning,
zoning, and economic
development
 Small business assista...
Local Resources
City of Evansville
 Revolving Loan Fund (RLF)
 Low-cost

loans
 Land, equipment, improvements/rehabs,
a...
Local Resources
City of Evansville
 Economic

Development Committee
 Collaborations with Chamber
 Ribbon

cuttings
 Me...
Local Resources
City of Evansville Smart Growth Plan
 Vision

for the future
 Nine elements
 Economic

Development Elem...
Local Resources
Population by Age Group - 2010
City of Evansville

Rock County

Dane County

Green County

Under 5

8.6%

...
Local Resources
Population Projections 2010-2030
Year

2010

2015

2020

2025

2030

% Change
2010-2030

City of Evansvill...
Local Resources
Location of Work

% of Evansville households
with someone who works in:

Evansville

33%

Madison

45%

Ja...
Local Resources

81% of households have
at least one person who
leaves Evansville for work
each day!
City of Evansville Future Land Use Plan Map
Local Resources
Women Encouraging Evansville
Entrepreneurs (WE3)
 Informal

group hosted by City of Evansville
 Discussi...
Local Resources
Evansville Area Chamber of
Commerce & Tourism
 Lunch

‘N Learns
 Networking opportunities
 Advertising ...
Local Resources
Eager Free Public Library
 Educational

courses

 Facebook

for business workshop – 1/16
 Etsy workshop...
Local Resources
WPPI Energy
 Public

power advantage
 Lower electric rates
 Energy assistance
 Operating

cost estimat...
REGIONAL RESOURCES
Regional Resources
Rock County Development Alliance
 Available

properties
 Business resources
 Fast

Pitch Competition...
Regional Resources
Small Business Development Center (SBDC)
 Provides

educational services for prospective and
existing ...
Regional Resources
UW-Madison
 Office

of Corporate Relations
 Law and Entrepreneurship Clinic
 MERLIN Mentors
 Madiso...
Regional Resources
SCORE
 Grows

successful small businesses across America
 Free or low-cost:
 Mentoring
 Templates

...
Regional Resources
Wisconsin Women’s Business
Initiative Corporation
Located only 20 minutes from Evansville!
 Business e...
Regional Resources
American Family DreamBank
 Founded

to celebrate the
transformative power of dreams
 Interactive tool...
Regional Resources
Social Media Breakfast - Madison
 Free

monthly program on social media topics
 Great opportunity to ...
Regional Resources
Resource Clearinghouses
 State

of Ingenuity

 SourceLink

network

 MadREP
 Capital

Connections i...
STATE RESOURCES
State Resources
Wisconsin Entrepreneurs’ Toolkit
 Clearinghouse

for information
 Business plan writing
 Finding money
...
State Resources
Wisconsin Business Development
Finance Corporation
 Lending

support for small businesses
 SBA 504 loan ...
State Resources
Wisconsin Business Wizard
 How

to start and operate a Wisconsin business
 Customized information
 Fede...
Business Resources Conclusions
Not

a comprehensive list
Wide variety of resources available
Handouts and brochures on ...
Contact City Hall
for additional assistance!
What’s Next?
WE3

gatherings

January

22 at 7:30 AM
Creekside Place
Update

to revolving loan fund
Possible business...
THANK YOU!
Links
Evansville Area Links:


City of Evansville - www.ci.evansville.wi.gov


Nicole Sidoff - nicole.sidoff@ci.evansvil...
Links
Regional Links:


Rock County Development Alliance - www.rockcountyalliance.com



Madison Region Economic Partner...
Links
State Links:


Wisconsin Economic Development Corporation (WEDC) - www.inwisconsin.com



Wisconsin Business Devel...
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Evansville Area Entrepreneur Resources

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Local, regional, and state resources for Evansville area entrepreneurs.

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Evansville Area Entrepreneur Resources

  1. 1. SMALL BUSINESS RESOURCES Nicole Sidoff City of Evansville Community Development Director December 2013
  2. 2. Overview TOPICS SOURCES  General  Local assistance  Grants, loans, incentives  Training opportunities  Mentoring & counseling  Demographic info  Contacts  Regional  State
  3. 3. LOCAL RESOURCES
  4. 4. Local Resources City of Evansville  One stop shop for planning, zoning, and economic development  Small business assistance  Permitting  Contacts
  5. 5. Local Resources City of Evansville  Revolving Loan Fund (RLF)  Low-cost loans  Land, equipment, improvements/rehabs, assessment payments, workforce development  Building  Façade Improvement Grant (BIG) grants up to $1,200, 40% of cost
  6. 6. Local Resources City of Evansville  Economic Development Committee  Collaborations with Chamber  Ribbon cuttings  Meet & greets  Business retention & expansion  Planning  Allen and market analysis resources Creek Redevelopment Plan  Retail Market Analysis
  7. 7. Local Resources City of Evansville Smart Growth Plan  Vision for the future  Nine elements  Economic Development Element  Demographic data and projections
  8. 8. Local Resources Population by Age Group - 2010 City of Evansville Rock County Dane County Green County Under 5 8.6% 6.5% 6.2% 6.4% 5 to 14 16.3% 14.0% 12.0% 13.6% 15 to 19 6.6% 7.2% 6.7% 6.4% 20 to 34 18.8% 18.5% 25.9% 15.5% 35 to 49 22.9% 21.0% 20.5% 21.5% 50 to 64 15.4% 19.3% 18.5% 21.6% 65 and Over 11.3% 13.6% 10.4% 15.0% Median Age 34.7 38.0 34.4 41.1 Source: 2010 Census
  9. 9. Local Resources Population Projections 2010-2030 Year 2010 2015 2020 2025 2030 % Change 2010-2030 City of Evansville 5,012 5,763 6,295 6,804 7,281 45.3% Town of Center Town of Magnolia Town of Porter 1,066 1,130 1,173 1,213 1,247 17.0% 767 900 923 943 959 25.0% 945 1,007 1,026 1,042 1,053 11.4% Town of Union 2,099 2,267 2,403 2,530 2,645 26.0% Evansville % of Rock County Pop. 3.1% 3.5% 3.7% 3.9% 4.0% N/A Rock County 160,331 167,277 172,310 176,727 180,379 12.5% Dane County 488,073 523,818 559,005 592,917 624,500 28.0% Source: WI Department of Administration - Demographic Service Center, May 2008
  10. 10. Local Resources Location of Work % of Evansville households with someone who works in: Evansville 33% Madison 45% Janesville 13% Elsewhere in Rock County 4% Elsewhere in Green County 10% Other 9% Retired 24% Do not work outside the home 9% From 2004 Smart Growth Survey
  11. 11. Local Resources 81% of households have at least one person who leaves Evansville for work each day!
  12. 12. City of Evansville Future Land Use Plan Map
  13. 13. Local Resources Women Encouraging Evansville Entrepreneurs (WE3)  Informal group hosted by City of Evansville  Discussions and support  Networking  Relationship building  Collaboration opportunities  Education/training
  14. 14. Local Resources Evansville Area Chamber of Commerce & Tourism  Lunch ‘N Learns  Networking opportunities  Advertising and promotions  Facebook groups  Business directory  Community events
  15. 15. Local Resources Eager Free Public Library  Educational courses  Facebook for business workshop – 1/16  Etsy workshop – 1/23  Computer classes  Online resources  Business resources  Jobs and careers  In-person assistance
  16. 16. Local Resources WPPI Energy  Public power advantage  Lower electric rates  Energy assistance  Operating cost estimates  Energy cost comparisons  Power quality services  New construction technical assistance  Energy conservation financing  Renewable energy options
  17. 17. REGIONAL RESOURCES
  18. 18. Regional Resources Rock County Development Alliance  Available properties  Business resources  Fast Pitch Competition  Business 101 Series  Market data
  19. 19. Regional Resources Small Business Development Center (SBDC)  Provides educational services for prospective and existing businesses  Business AnswerLine  First Steps to Entrepreneurship Workshop  Entrepreneurial Training Program  Small Business Tax Expo  Coaching
  20. 20. Regional Resources UW-Madison  Office of Corporate Relations  Law and Entrepreneurship Clinic  MERLIN Mentors  Madison Entrepreneur Resource, Learning, and Innovation Network  WARF Entrepreneurons
  21. 21. Regional Resources SCORE  Grows successful small businesses across America  Free or low-cost:  Mentoring  Templates and tools  Bookkeeping, franchising, opening second locations, work/life balance, marketing, etc.  Webinars  New/active  Seminar and archived and workshops
  22. 22. Regional Resources Wisconsin Women’s Business Initiative Corporation Located only 20 minutes from Evansville!  Business education, technical assistance, and access to capital for entrepreneurs  Business planning courses  Coaching  Business lending up to $100,000  Personal finance courses 
  23. 23. Regional Resources American Family DreamBank  Founded to celebrate the transformative power of dreams  Interactive tools and events  Free to the public  Many programs for small businesses  Upcoming programs – Discover Your Dream, Entrepreneur Book Club, Search Engine Marketing 101
  24. 24. Regional Resources Social Media Breakfast - Madison  Free monthly program on social media topics  Great opportunity to network and hear from experts in the field  Past topics include Yelp, Facebook, Business case studies, social media assessment tools  Recaps of each session on website  Sign up fast!
  25. 25. Regional Resources Resource Clearinghouses  State of Ingenuity  SourceLink network  MadREP  Capital Connections inventory  Community information  Wisconsin Economic Development Corporation  Technology business development and loans  Launch blog
  26. 26. STATE RESOURCES
  27. 27. State Resources Wisconsin Entrepreneurs’ Toolkit  Clearinghouse for information  Business plan writing  Finding money  Regulations
  28. 28. State Resources Wisconsin Business Development Finance Corporation  Lending support for small businesses  SBA 504 loan program  Consulting and loan packaging services for lenders
  29. 29. State Resources Wisconsin Business Wizard  How to start and operate a Wisconsin business  Customized information  Federal and local regulations
  30. 30. Business Resources Conclusions Not a comprehensive list Wide variety of resources available Handouts and brochures on hand
  31. 31. Contact City Hall for additional assistance!
  32. 32. What’s Next? WE3 gatherings January 22 at 7:30 AM Creekside Place Update to revolving loan fund Possible business plan course(s) Smart Growth Plan update Community survey
  33. 33. THANK YOU!
  34. 34. Links Evansville Area Links:  City of Evansville - www.ci.evansville.wi.gov  Nicole Sidoff - nicole.sidoff@ci.evansville.wi.gov or 608.882.2285  Demographic/market information  Smart Growth Plan  Permitting assistance  Business Improvement Grant  Revolving Loan Fund  Evansville Women Entrepreneur Group  Evansville Area Chamber of Commerce and Tourism - www.evansvillechamber.org  Eager Free Public Library - http://als.lib.wi.us/EFPL/  WPPI Energy - www.wppienergy.org/economicdevelopment  Cory Neeley - cneeley@wppienergy.org
  35. 35. Links Regional Links:  Rock County Development Alliance - www.rockcountyalliance.com  Madison Region Economic Partnership (MadREP) - www.thrivehere.org  Small Business Development Center (SBDC) - http://bus.wisc.edu/cped/sbdc  Wisconsin Business AnswerLine: 1-800-940-7232  State of Ingenuity - www.soisourcelink.com  UW-Madison Office of Corporate Relations - www.ocr.wisc.edu/start-a-business  UW-Madison Law & Entrepreneurship Clinic - http://law.wisc.edu/academics/clinics/le/  MERLIN Mentors - www.merlinmentors.org  Wisconsin Alumni Research Foundation Entrepreneurons - www.warf.org/entrepreneurons#!  SCORE - www.madison.score.org , www.score.org/mentoring  Wisconsin Women’s Business Initiative Corporation (WWBIC) - www.wwbic.org  American Family DreamBank - www.amfam.com/dreambank  Social Media Breakfast Madison - www.smbmad.org
  36. 36. Links State Links:  Wisconsin Economic Development Corporation (WEDC) - www.inwisconsin.com  Wisconsin Business Development Finance Corporation - http://www.wbd.org/business_owners  Wisconsin Business Wizard - http://ww2.wisconsin.gov/state/wizard/app/LoadIntro  Wisconsin Entrepreneurs Toolkit - www.witoolkit.com

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