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Local, regional, and state resources for Evansville area entrepreneurs.
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SMALL BUSINESS RESOURCES
Nicole Sidoff
City of Evansville
Community Development Director
December 2013
Overview
TOPICS
General assistance
Grants, loans, incentives
Training opportunities
Mentoring & counseling
Demographic info
Contacts
SOURCES
Local
Regional
State
LOCAL RESOURCES
Local Resources
City of Evansville
One stop shop for planning,
zoning, and economic
development
Small business assistance
Permitting
Contacts
Local Resources
City of Evansville
Revolving Loan Fund (RLF)
Low-cost loans
Land, equipment, improvements/rehabs,
assessment payments, workforce
development
Building Improvement Grant (BIG)
Façade grants up to $1,200, 40% of cost
Local Resources
City of Evansville
Economic Development Committee
Collaborations with Chamber
Ribbon cuttings
Meet & greets
Business retention & expansion
Planning and market analysis resources
Allen Creek Redevelopment Plan
Retail Market Analysis
Local Resources
City of Evansville Smart Growth Plan
Vision for the future
Nine elements
Economic Development Element
Demographic data and projections
Population by Age Group - 2010City 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
Local Resources
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 1,066 1,130 1,173 1,213 1,247 17.0%
Town of
Magnolia767 900 923 943 959 25.0%
Town of Porter 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
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
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
Discussions and support
Networking
Relationship building
Collaboration opportunities
Education/training
Local Resources
Evansville Area Chamber of
Commerce & Tourism
Lunch ‘N Learns
Networking opportunities
Advertising and promotions
Facebook groups
Business directory
Community events
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
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
REGIONAL RESOURCES
Regional Resources
Rock County Development Alliance
Available properties
Business resources
Fast Pitch Competition
Business 101 Series
Market data
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
Regional Resources
UW-Madison
Office of Corporate Relations
Law and Entrepreneurship Clinic
MERLIN Mentors
Madison Entrepreneur Resource, Learning, and
Innovation Network
WARF Entrepreneurons
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 and archived
Seminar and workshops
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
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
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!
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
STATE RESOURCES
State Resources
Wisconsin Entrepreneurs’ Toolkit
Clearinghouse for information
Business plan writing
Finding money
Regulations
State Resources
Wisconsin Business Development
Finance Corporation
Lending support for small businesses
SBA 504 loan program
Consulting and loan packaging
services for lenders
State Resources
Wisconsin Business Wizard
How to start and operate a Wisconsin business
Customized information
Federal and local regulations
Business Resources Conclusions
Not a comprehensive list
Wide variety of resources available
Handouts and brochures on hand
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 plan course(s)
Smart Growth Plan update
Community survey
THANK YOU!
Links
Evansville Area Links:
City of Evansville - www.ci.evansville.wi.gov
Nicole Sidoff - [email protected] 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 - [email protected]
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
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