Business ResourcesHave you ever dreamed of living and working in Northern Wisconsin? Why not become an entrepreneur and join our growing small business community, telecommute from your cottage on the lake, launch a new food product from our kitchen incubator or relocate your business to our industrial park or another commercial site. The following resources can help your dream become a reality:
FIND HELP FOR YOUR BUSINESS
FCEDC Sponsored Free Business Counselor Writing a business plan is the most critical step of opening a new business. Florence County offers free services from business counselors who help new entrepreneurs write a detailed business plan to include start-up cost projections, cash flow projections, market analysis, a marketing plan, and resources for financing your business. The Business Counselors also work with existing businesses on anything from how to plan an expansion or advertising campaign to addressing cash flow issues or delinquent accounts receivables. They they are familiar with SBA and USDA Rural Development loan programs and other state and federal government programs for small business. Appointments can be made by calling Wendy Gehlhoff FCEDC (715)528-3294. Click here for more information about the Michigan Small Business Development Center (MI-SBTDC) that provides our counseling service. MI-SBDC provides counseling, training, research and advocacy for new ventures, existing small businesses and innovative technology companies. MI-SBDC positively impacts the economy by strengthening existing companies, creating new jobs, retaining existing jobs, and assisting companies in defining their path to success.
WI-Office of Business Development works with business owners, trade associations, affiliated organizations and Chambers of Commerce throughout Wisconsin to ensure business has a seat at the table, advocate for business interests within government and present rule change recommendations to appropriate agency or the Legislature. The success of the office depends on business owners who point out the rules that are negatively impacting their business and offer suggested changes.can help you if you are having issues with any state agency making it hard for you to do business. Click here if you feel your business is overregulated and you would like to propose a rule change to the office of Business Development and Regulatory Reform.
Florence County Chamber of Commerce
Promotes Florence County and its businesses in order to create an environment beneficial to the growth and prosperity of the entire community. Visit www.florencecountychamber.org for membership information.
NWTC Woodland Kitchen & Business Incubator
Do you have a special recipe or food product you would like to process and sell to the public? State law requires these items be prepared in an inspected and licensed commercial kitchen. A shared-use kitchen incubator is a certified, fully-equipped commercial kitchen for use by growers, food processors, caterers, restaurants, chefs, special event food vendors, bakers, groups, organizations, and more. Users of the kitchen will pay an hourly fee, a fraction of the cost of renovating and converting a home kitchen or building a commercial kitchen. The facility will support the business aspects of food processing such as: writing a business plan, labeling, packaging, marketing and distribution. Wodland Kitchen will also be available to area restaurants and caterers to allow them greater flexibility in the jobs they take on. To learn more, contact 715-589-2768 or visit www.nwtc.edu/atnwtc/places/RegionalCenters/North/WoodlandKitchen/Pages/home.aspx
County Land and Tax Information by Parcel
If you need to look up tax information or print aerial maps click here for County GIS Land & Tax Information
FIND MONEY FOR YOUR BUSINESS
FCEDC Revolving Loan Fund Program:
The RLF program provides 4% interest rate loans to purchase equipment, business property or working capital for both existing and start-up businesses in Florence County. A written business plan and 2-3 years of projections, financials and taxes are required. $20,000 per job created or retained can be loaned out up to a maximum of $100,000 (minimum is $10,000). All loans must be matched 50/50 with a bank loan or personal investment. Loan approval takes up to 60 days depending on meeting times. Loan terms are 7 years for working capital, 10 years for equipment and 12 years for buildings and/or real estate.
Click here for RLF brochure
Click here for RLF application
GEMSTAR Micro-Loan Program
The GEMSTAR micro loan program was established in 2012 with grant funds received from a USDA Rural Business Enterprise Grant Program. The program is a joint effort between NWTC (Northeast Wisconsin Technical College), MCABI (Marinette County Association of Business and Industry) and FCEDC (Florence County Economic Development Commission). The goal of this program is to provide entrepreneurs in rural and underserved communities in Marinette and Florence Counties the knowledge and resources needed to launch or expand a small business in Northeast Wisconsin. The micro loan program was established to provide very small businesses not adequately served by the traditional financial system access to both business training and a micro loan from $2000 to $10,000. Loans are set at 3% interest amortized over not more than 5 years.
Click here for Micro Loan brochure
Click here for Micro Loan application
WEDC - Wisconsin Economic Development Corp. has programs and resources to help entrepreneurs get started and programs and resources to help existing businesses grow.
Northern Initiatives Is a Community Development Financial Institution that delivers loans and business services to small business owners and entrepreneurs who create jobs and enable the people and communities of Northern Michigan and the border counties in Wisconsin to thrive. Click here to access their resources.
SBA Loans and Loan Guarantees Click here for the SBA small business loan webpage.
FIND A LOCATION FOR YOUR BUSINESS
This list may not include all commercial site options in Florence County. Consult local Realtors for additional options. FCEDC can also help you find a potential site for your new business or business expansion project.