A plan to create a sustainable business community.
1408 Oak Leaf Lane
Burnsville, MN 55337
Resources to attract and create new business
University of Minnesota Innovation Partnership Jobs Act
Program to take U of MN patents commercial
Cleantech Open North Central Region Minnesota Cup
prizes and consulting to entrepreneurs Cash prize competition
MN Science & Technology Authority Lifescience Alley
A state entity to develop small MN firms Helps patents go commercial. Also a trade Assoc.
Small Business Administration Open to Business
Small Business Investment Act of 1958 Free Business Consulting and grants
Venture Capital Core Innovation Capital
Split Rock Venture Capital & Minnesota Angel Network
An open competition to create new business
Use the above (and any other) resource to create a regularly scheduled competition for business plans. This allows for a heightened profile for the city, the above mentioned organizations and any new company that wins a competition. The above mentioned organizations have made no commitment to this idea.
Sustainable Business Community Competition
A “Sustainable Business Community Competition” is a reoccurring business plan competition to become a supplier to a local Big Box retailer. This promotes the business side of the city as well as each of the participating companies. Each retailer would be the final judge as to what competitor becomes eligible to supply the established retailer. During the competition companies with capital resources could also evaluate for borrowing needs.
Tax Increment Financing
The above models could also be of use to a community using Tax Increment Financing to attach and develop local business.
Use the MSP Export initiative which is a state export initiative for small and medium sized business in Minnesota.
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