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| NCEDA
Your Trusted Regional Provider
A goal of NCEDA is to create or retain permanent private sector full-time jobs in the Region. By providing capital for business development and expansion, NCEDA provides an option for commercial businesses unable to obtain adequate, affordable funding from the private capital marketplace.
By providing financial assistance in the Region, NCEDA provides entrepreneurship opportunities for small-business persons, increases manufacturing activity, supports innovative products and processes, and retains one job for every $10,000 of NCEDA funds lent. We do this by offering several lending program opportunities.
This month we are highlighting our Micro-Lending Program.
Micro-lending (RMAP)
- RMAP service businesses in ten counties: Cass,Crow Wing, Chisago, Isanti, Kanabec, Mille Lacs, Morrison, Pine, Todd and Wadena
- USDA-backed funding in partnership with Region Five Development Commission and East Central Regional Development
- Loans available from $1,000 to $50,000
- Mandatory 25% owner equity requirement
- Eligible applicants constitute small business startup or expansion projects
- Eligible activities include acquisition and refinancing projects
- NCEDA requires one job to be created/retained for every $10k in loan funds
- High level of technical assistance provided
- Federal USDA guidelines
Contact me for more information on this or one of our other loan programs!
I look forward to working with you!
Sincerely,
Sandy Voigt
Regional Business Specialist
North Central Economic Development Association,
a 501(c)3 affiliate of Region Five Development Commission
This program is funded by the USDA Rural Micro-enterprise Assistance Program
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DREAMING OF STARTING A NEW BUSINESS IN 2018?
Check out the tools SBA has created to help make that dream a reality!
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INTRODUCTION TO STARTING YOUR BUSINESS
Workshop
Saturday, February 3, 2018
Monday, February 12, 2018
Attend this free SCORE "Introduction to Starting Your Business" workshop to learn what it takes to start a small business. If you have considered starting your own business, this workshop is for you..
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ALREADY IN BUSINESS? BEEN PUTTING OFF
MAKING AN EMERGENCY PLAN?
Make
it your goal to have one completed in the first quarter of 2018 with the help of the SBA
Click
here
for more information
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QUICKBOOKS BASICS
Wednesday, February 21, 2018
This 3-hour workshop uses a classroom setting with an experienced presenter to cover the basics of using QuickBooks and many of its' key features
.
Register Here
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4 Cornerstones for a Highly Effective Culture plus Sage & Sabateur
Paul Bernabei, will lead a thought provoking discussion of how to help your employees succeed, how to communicate "You Matter", how to honor the absent and owning problems. In addition, he will provide insight about the positive and negative places that we go within ourselves.
Who Should Attend:
- Business Owners & Managers
- Team Leaders
- Department Heads
Cost to Attend:
- $45 Reduced fee for Chamber Members
- $65 Non Members
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Create Your Farm Legacy
Farm transition and estate planning workshop
Are you struggling with how to transfer your farm business to the next generation?
University of Minnesota Extension and SCORE, are pleased to invite you to attend a practical and in-depth workshop on farm transition and estate planning.
Three workshops are being offered in three greater Minnesota locations:
Alexandria (Feb. 8), Little Falls (Feb. 9) and Willmar (Feb. 23).
The three identical 5 hour workshops include a free lunch and cover topics including:
- Farm business transfer strategies
- Tax issues related to the farm transfer
- Wills, trusts, life insurance, power-of-attorney, and long-term care issues
- Preparations to meet with your transition & estate planning team
- Treatment of heirs in the transfer process
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Tax Tips from the IRS
Standard Mileage Rates for 2018 Up from Rates for 2017
Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.
- 18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017.
- 14 cents per mile driven in service of charitable organizations.
Tax Tips
Get 1099s for free: Online Ordering for Information Returns and Employer Returns
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Emotional Agility:
Get Unstuck, Embrace Change, and Thrive
The counter-intuitive approach to achieving your true potential, heralded by the Harvard Business Review as a groundbreaking idea of the year. The path to fulfillment, whether at work or at home, is almost never a straight line. Ask anyone who has achieved their biggest goals or who thrives in their relationships, and you'll hear stories of many unexpected detours along the way. What separates those who rise to these challenges and those who get derailed? The answer is agility-emotional agility.
February 6th, 2018
5:30-7:00pm
Jules Bistro
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