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

1. SMALL BUSINESS RESOURCES
Nicole Sidoff
City of Evansville
Community Development Director
December 2013

2. Overview
TOPICS
SOURCES
 General
 Local
assistance
 Grants, loans, incentives
 Training opportunities
 Mentoring & counseling
 Demographic info
 Contacts
 Regional
 State

3. LOCAL RESOURCES

4. Local Resources
City of Evansville
 One stop shop for planning,
zoning, and economic
development
 Small business assistance
 Permitting
 Contacts

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. 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. Local Resources
City of Evansville Smart Growth Plan
 Vision
for the future
 Nine elements
 Economic
Development Element
 Demographic
data and projections

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. 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. 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. Local Resources
81% of households have
at least one person who
leaves Evansville for work
each day!

12. City of Evansville Future Land Use Plan Map

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. Local Resources
Evansville Area Chamber of
Commerce & Tourism
 Lunch
‘N Learns
 Networking opportunities
 Advertising and promotions
 Facebook groups
 Business directory
 Community events

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. 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. REGIONAL RESOURCES

18. Regional Resources
Rock County Development Alliance
 Available
properties
 Business resources
 Fast
Pitch Competition
 Business 101 Series
 Market
data

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. Regional Resources
UW-Madison
 Office
of Corporate Relations
 Law and Entrepreneurship Clinic
 MERLIN Mentors
 Madison
Entrepreneur Resource, Learning, and
Innovation Network
 WARF
Entrepreneurons

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. 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. 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. 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. 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. STATE RESOURCES

27. State Resources
Wisconsin Entrepreneurs’ Toolkit
 Clearinghouse
for information
 Business plan writing
 Finding money
 Regulations

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. State Resources
Wisconsin Business Wizard
 How
to start and operate a Wisconsin business
 Customized information
 Federal and local regulations

30. Business Resources Conclusions
Not
a comprehensive list
Wide variety of resources available
Handouts and brochures on hand

31. Contact City Hall
for additional assistance!

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. THANK YOU!

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. 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. 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