Open to business program
The City of Bloomington Port Authority is partnering with the Hennepin County Housing and Redevelopment Authority to offer a program called Open to Business.
The Open to Business program offered through the non-profit organization Metropolitan Consortium of Community Developers (MCCD) was developed to promote economic development, create and retain jobs and cultivate small businesses in Hennepin County.
MCCD provides free one-on-one technical assistance to small businesses and entrepreneurs. The range of services offered include business plan development, feasibility studies, cash flow and financing projections, marketing, preparing loan requests and advocacy with lending institutions. MCCD connects entrepreneurs with banks, community development lenders and other resources. MCCD's small business loan fund allows small businesses access to the capital they need to succeed. The financing services offered by MCCD are further explained in a financing services handout [attached PDF].
In 2012, the program served 252 businesses in 14 Hennepin County communities, creating nearly 100 new jobs and providing $950,000 in direct and facilitated financing.
How to get started
Stop by Bloomington Civic Plaza to meet with a MCCD representative and learn more about the program. A MCCD representative will be available on the fourth Wednesday of each month from 1-4 p.m., beginning April 24. For more information, contact Rob Smolund at 612-789-7337 or Email: email@example.com