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HomeMy WebLinkAbout5.a. Virtual Business Incubator/Business Resource Webpages�ROSEM0U r 1 EXECUTIVE SUMMARY PORT AUTHORITY Port Authority Date: June 18, 2013 AGENDA ITEM: Virtual Business Incubator /Business Resource Webpages AGENDA SECTION: Old Business PREPARED BY: Kim Lindquist, Deputy Director AGENDA NO. 5.a. ATTACHMENTS: Draft Resource Pages, Web Snapshot APPROVED BY: RECOMMENDATION: No Action Required ISSUE The Port Authority has been investigating the idea of a local business incubator. At this time it appears that a bricks and mortar incubator would be cost prohibitive and it is questionable what the demand would be. However, the Incubator Task Force did determine that a virtual incubator, housed on the City's website would be a good start in helping start ups and fledgling businesses. Attached is the Business Resource portion of the virtual incubator which will be the most substantive portion of the program. This was put together by our summer intern Clarissa Hadler, who has been working at the City for approximately two weeks. As you can see, she is awaiting additional information but you can follow the general layout of the section. The City's Communications Officer, Alan Cox has also provided two screen shots of the product, illustrating how it would look on the City's website. RECOMMENDATION Staff is looking for comments on the draft information. Design Notes (Red denotes information needed.) Hopefully, the data in the contact info boxes would be on the same line and be the same sized font (except Org. Name). If we have to go a little smaller to make it fit on the same line, that might be okay. If the font gets too small, maybe just leave off that piece of info, depending on the organization. Hyperlink each organization logo to the website listed unless noted below the listing. Welcome Are you thinking of starting a business? Do you need a little help with an existing business? The City of Rosemount wants you to be successful and has created this list of resources to help you on your entrepreneurial journey. While this online resource is a great starting point for you, there are numerous existing organizations providing business assistance whose offices or websites may be of great use to you. We encourage you to continue your research with those organizations and develop a network of professionals to refer to along the way. Business Resource Pages: • Business Assistance / Counseling Resources (insert hyperlink) • Business Education (insert hyperlink) • Funding Your Business (insert hyperlink) • Networking Opportunities (insert hyperlink) • Other Community Resources (insert hyperlink) Business Assistance / Counseling Open to Business DEED Small Business Development MNSBDC Center (SBDC) Waiting for actual blurb from Christine Pigsi,./ The SBDC provides comprehensive business consulting services at no charge to help Twin Cities small businesses succeed. Most instructors have been business owners themselves and have advanced degrees. The SBDC also organizes SBDC trainings and events for business owners. - Main Partners in Higher Edu. office in Minneapolis, with 4 regional offices 14200 Cedar Avenue throughout the metro -- including a location at the Apple Valley, MN 55124 Dakota County Technical College in Apple Valley. The SBDC is most able to work with existing Phone: 651 - 423 -8602 business owners rather than start -ups. - For more Email: ? ? ? ? ?? info on the SBDC visit Website The non - profit Open to Business is available 1® to provide one -on -one business counseling to current and prospective entrepreneurs. ro�usrnrs The program sponsored by the City of Rosemount, Dakota County Community Development Agency and other County cities is at no cost to any County resident or business owner. Their consultants work with you to develop a strong business plan, identify challenges and opportunities, and tailor solutions. In addition to direct Open to Business consulting, Open to Business program staff 3137 Chicago Ave S. can link entrepreneurs with additional Minneapolis, MN 55407 resources to help them succeed, including training programs, community or Sessions @ governmental services, and industry and Rosemount City Hall business professionals. Sessions are 2875 145th Street available at Rosemount City Hall each 4th Rosemount, MN 55068 Wednesday of the month from 1 - 3 pm. Feel free to stop in or call Open to Business Phone: 952 - 484 -3107 for an appointment or more information. info @opentobusinessmn.org DEED Small Business Development MNSBDC Center (SBDC) Waiting for actual blurb from Christine Pigsi,./ The SBDC provides comprehensive business consulting services at no charge to help Twin Cities small businesses succeed. Most instructors have been business owners themselves and have advanced degrees. The SBDC also organizes SBDC trainings and events for business owners. - Main Partners in Higher Edu. office in Minneapolis, with 4 regional offices 14200 Cedar Avenue throughout the metro -- including a location at the Apple Valley, MN 55124 Dakota County Technical College in Apple Valley. The SBDC is most able to work with existing Phone: 651 - 423 -8602 business owners rather than start -ups. - For more Email: ? ? ? ? ?? info on the SBDC visit Website SCORE Need to tweak logo to fit _ layout. Service Corps of Retired Executives (SCORE) provides FREE and confidential one -on -one business consulting. Their experienced volunteer counselors bring expertise that can South Metro SCORE help you grow your current business or 101 W. Burnsville Pkwy pursue your dreams of starting your own Suite 152 business. They offer free and low -cost Burnsville, MN 55337 seminars to help you start and manage your own successful business. Counseling is by Phone: 952 - 890 -7020 appointment only and can be requested on southmetro @score- mn.org their website. www.southmetro.score.org WomenVenture Need to tweak logo to fit layout. WomenVenture is a nonprofit organization dedicated to supporting women -owned businesses by providing microloans, working WomenVenture capital, education and ongoing consultation 2324 University Ave West through all stages of business. They offer fee- Saint Paul, MN 55114 based business consulting and classes for both male and female entrepreneurs. Also offers Phone: (651) 646 -3808 networking opportunities. For more information info@womenventure.org visit http: / /www.womenventure.org. www.womenventure.org MEDA Need to get logo. The Metropolitan Economic Development Association (MEDA) provides assistance to minority owned and managed businesses. MEDA's services are directed toward new and MEDA existing businesses whose owners are 250 Second Ave. S. committed to making an impact through job Suite 106 creation, their firms' growth and profitability, Minneapolis, MN 55401 and community involvement. They provide consulting services as well as small- business Phone: 612 - 332 -MEDA financing, events, and networking info @meda.net opportunities. www.meda.net Business Education Dakota County Technical College Waiting for blurb from Christine Pigsly Partners in Higher Education Waiting for blurb from Christine Pigsly The Partners in Higher Education campus combines the resources of two colleges and one university — Dakota County Technical College, Inver Hills Community College and Saint Mary's University of Minnesota —at a single convenient location. They offer a full range of diplomas and certificates as well as associate's, bachelor's and master's degrees. Need to tweak logo to fit layout. DCTC Partners in Higher Edu. 14200 Cedar Avenue Apple Valley, MN 55124 Phone: 651-423-8600 Email: ? ? ? ? ?? www.dctc.edu /entrepreneurs Need to get logo? Partners in Higher Ed. 14200 Cedar Avenue Apple Valley, MN 55124 Phone: 651-423-8600 www.higher- ed- partners.com Kim — Would you also like to list U of M and St. Thomas (has entrepreneurship program)? Any others? Business Funding (Sent request for information.) Whether it's to startup, operate or expand, at some stage most every business owner must find the money to make things happen. The Minnesota Department of Employment and Economic Development Business Finance Office can provide guidance on financing your business. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Yada, yada, yada, etc. etc.. Contact DEED to get updated programs. WomenVenture WomenVenture, an SBA loan provider, offers business loans up to $50,000 to qualified borrowers to start or expand small businesses. Open to men and women. .I The Metropolitan Economic Development Association (MEDA) provides access to financing for minority -owned businesses through its own loan program, and also by assisting in developing a loan package to present to other potential funders. POSITIVELY Department of Employment and Economic Devetopmerr DEED 1st National Bank Building 332 Minnesota Street Suite E -200 Saint Paul, MN 55101 Phone: 651 - 259 -7114 www. positivelyminnesota.com Business. Finance @state.mn.us Need to tweak logo. WomenVenture 2324 University Ave West Saint Paul, MN 55114 Phone: (651) 646 -3808 info womenventure.org www.womenventure.org Need to get logo. MEDA 250 Second Ave. S. Suite 106 Minneapolis, MN 55401 Phone: 612- 332 -MEDA info @meda.net www.meda.net Minnesota Angel Network Entrepreneurial companies that complete the MN Angel Network's rigorous training & counseling program become certified as investment -ready and can connect with accredited investors within the MN Angel Network. Small Business Administration The Small Business Administration offers a variety of loan programs for very specific purposes. The programs are varied and each loan program has its own eligibility criteria and application process. For small businesses, SBA provides direct lending and a technical assistance grant to a licensed micro - lender, who in turn makes loans and provides technical assistance to micro - businesses that have lending needs of no more than fifty thousand dollars. MINNESOTAANGEL'N NETWORK MN Angel Network BioBusiness Alliance of MN 1550 Utica Ave. S Suite 740 St. Louis Park, MN 55416 952 - 746 -3832 innovation @biobusinessaIIiance.org www.mnan.org Slim-GOV U.S. Small Business Administration Small Business Admin. 100 North Sixth Street Suite 210 -C Minneapolis, MN 55403 Phone: 612-370-2324 www.sba.gov* *Insert the following hyperlink: http: / /www.sba.gov /category/navigation- structure /loans - grants The Collaborative Helps link entrepreneurs with investors. Sent information request. Need to get logo. The Collaborative 10 South 5th Street Suite 415 Minneapolis, MN 55402 Phone: 612.338.3828 info @collaborative. net www.collaborative. net Legal Assistance, Tax, & Business Filing IRS While you will most likely want to consult an fAV I R S attorney, accountant, or other advisor to decide Department of the Treasury what are the best choices for your particular Internal Revenue Service business, going directly to the IRS website is a great way to get a handle on some of the options available. The Small Business and Self- Employed Tax Center has tax information useful to small IRS businesses with assets of $10 million or less. The 430 North Wabasha Street IRS Video portal contains video and audio St. Paul, MN 55101 presentations on topics of interest to small businesses. You can also obtain your Federal ID Phone: 651 - 312 -8082 (EIN Number) there. www.irs.gov /businesses LegaICORPS e �?�dICORPS LegalCORPS assists small businesses and Connecting volunteer lawyers with nonprofits, especially those that strengthen small buvnesses and nonprofits Minnesota's low- income communities, by providing individuals and organizations with business law services they could not otherwise afford. It seeks to provide quality pro bono legal services to LegaICORPS increasing numbers of clients throughout Phone: 612 - 752 -6678 Minnesota, so they can focus their time and info @) legalcorps.org resources on pursuing their objectives. www.legalcorps.org MN Department of Revenue Contact the MN Department of Revenue to register for a Minnesota Tax ID for sales and use and withholding tax. Attend a Sales & Use Tax Education Workshop; designed for business owners, bookkeepers, purchasing agents and accountants who need a working knowledge of the law and how to meet their obligations. (make logo smaller) MN Dept of Revenue 600 N. Robert St. St. Paul, MN 55101 Phone: 651 - 556 -3000 www.revenue.state.mn.us MN Secretary of State Info and forms needed to start a small business. File a new LLC or Assumed Name here. Sent request for blurb. MN Dept. of Labor & Industry The agency's mission is to ensure Minnesota's work and living environments are equitable, healthy and safe. The agency oversee the state's apprenticeship, construction codes and licensing, occupational safety and health, wage and hour standards, and workers' compensation programs. MN Secretary of State 60 Empire Drive Suite 100 St Paul, MN 55103 Phone: 651- 296 -2803 business.services @state.mn.us www.sos.state.mn.us MINNESOTA DEPARTMENT OF LABOR & INDUSTRY MN Dept of Labor & Industry 443 Lafayette Road N. St. Paul, MN 55155 Phone: 651- 284 -5005 www.dli.mn.gov Networking Dakota County Regional Chamber of Commerce Sent request for blurb and logo. Need to get logo. Dakota County Regional Chamber of Commerce 1121 Town Centre Dr Suite 102 Eagan, MN 55123 Phone: 651- 452 -9872 info @dcrchamber.com www.dcrchamber.com (How should we mention the Rosemount Business Council and the Rosemount Connection ?) Rosemount Rotary The Rotary Club of Rosemount's membership �,��, includes many community and business leaders C � > <0 who supply the club with lots of great Q Cu information and connections. They are involved • with a number of community events and enjoy a wide variety of speakers during weekly ROSEMOUNT ROTARY meetings that provide professional, personal and community development offerings to the Rosemount Rotary membership. rosemountrotary.org Other Community Resources Public Libraries Going to the library may be seem "old fashioned" in today's world of the internet and tablets, but your local library system is still a wonderful, and FREE, resource for learning about running a business, researching an industry, and even creating mailing lists. apop4oQ Come to know Robert Trail Library 14395 S. Robert Trail Rosemount, MN 55068 Phone: 651 - 480 -1200 City of Rosemount Write Econ Dev blurb for here. Links: Economic Incentives (insert hyperlink) Available Land & Buildings (insert hyperlink) Downtown Revitalization (insert hyperlink) James J. Hfll RLFFRENCE LIBRARY James J. Hill Business Reference Library 80 West 4th St. St. Paul, MN 55102 Phone: 651.265.5500 4 ROSEMOUNT MINNESOTA City of Rosemount Community Dev. 2875 145th Street Rosemount, MN 55068 Phone: 651- 322 -2020 www.ci.rosemount.mn.us Should we have a disclaimer of some kind on the pages to outside organizations? "City of Rosemount does not endorse or represent any aforementioned organizations... etc. etc. " 0 w 0 :3 0 P. 0 w 0 c% 0, Cc: CA. "iii tn 00 0 o I W =s � C § #k 0 in *mac 0 22- 0 OL " ,2 4) CL 0 m -0 :3 c W _!n -C �. w _> u E w 'a w 7 0 tA W tn c U) :3 � m �2 won A w 0 C: E w m U E 0 (I. q_- — Q 0 CA 0 o > w ul RA in 0 v FD -C 0 v c m « -C c E IV L 0 in C: 0 z 0 u Im Uk (n A ul 0 0 tn U, E % 3 U) 0 U, 0 c a)" .— U, :3 C -- 7 =c0 3:-- E cn m :3 0 :3 -C c C 0 0 0 E CL C m 0) 0 m =\ > U c :3 in cw: \2i >- ca wo VI r, W - .; co Q) 10 N a 0 C. 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