V.3.4 Small Business Ecosystem of Support
V.3.4 Small Business Ecosystem of Support
Action
Establish a strong channel of business support including training, technical assistance, regular networking opportunities.
Why
Small business technical assistance and support programs can be a linchpin that ensures a strong economic foundation in your district and create financially stronger business enterprises. Then those enterprises create jobs, generate income and investment and attract and retain needed community goods and services. Most businesses benefit from technical assistance, help with developing a strong business plan and obtaining financing. Networking opportunities allow businesses to be natural mentors to each other, bounce ideas off of one another, identify challenges that are unique to the district, cross market programs, products and services and more.
How
- Develop programs and partnerships to provide consistent training and 1:1 technical assistance to small business owners.
- Hold community merchant meetings at least quarterly to build community and connections.
- Share information about additional business resources and referrals regularly with your local businesses and be sure that the information is available upon request.
Resources
