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September Economic Development News
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From Our Executive Director
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Traditionally, fall is harvest time- an opportunity to reap what we’ve sown and celebrate before we hunker down for the winter. Each business has its own seasonal peaks and valleys. Whether you're coming out of your prime business season, or entering it as the holidays and end of year approaches, many businesses sense a change in activity as the leaves begin to change.
Robert Louis Stevenson suggests we don’t judge each day by the harvest we reap but by the seeds that we plant.
If you're coming out of your busy season, fall is a great time to brush up on your entrepreneurial skills and develop strategies that will help you strengthen and grow your business. Look to us, the North Coast SBDC and other great partners to help you do just that. If you're entering into your busy season, you can also come in and talk to us about your plans for growth – about those seeds you want to plant. Capital from AEDC may be just the thing you need for those ideas to grow and thrive.
Ross
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Need business funding? What is your plan?
AEDC funds opportunity for businesses that do not meet the requirements of traditional lenders, and are looking to start or grow. If you are a business owner seeking financing, one of the biggest factors you need to apply for a loan is a business plan. A great business plan has several components that will be critical to your success in both applying for a loan and turning a profit. Here is a brief list of what you might want in that plan:
- Executive Summary
- Financials
- Target Market
- Competition and Industry Trends
- How much money is needed
For more information, visit
AEDC's website
and read
blog posts
for more information about how to prepare your loan application
.
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Help Improve Hiring and Training in Humboldt
The Humboldt County Workforce Development Board is asking employers to take a brief confidential survey as part of a project to provide improved services to employers like you through the Job Market's One-Stop Service.
If you are an employer, you have a stake in the local workforce and you should plan to take the survey. It will help local decision-makers direct funds and energies to workforce training opportunities we collectively identify as important. It will give all of us a better look at this important facet of Humboldt County’s economy.
Just 8-minutes
of your time will capture valuable information about workforce needs. Click the “DONE BUTTON” at the end of the survey to submit results.
The opportunity to participate ends on September 30
.
The project is a partnership with the Department of Health and Human Services Employment Training Division, College of the Redwoods, Redwood Community Action Agency and SequoiaPersonnel Service.
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AEDC Staff Participates in Professional Development
AEDC’s Program Manager Susan Seaman has been invited to participate in MCKINLEYVILLE LEADERSHIP 2017, presented by the McKinleyville Chamber of Commerce.
McKinleyville Leadership
is an interactive program running from September through November designed to introduce its class members the major facets of the McKinleyville and Humboldt County community and foster greater understanding of the issues that impact our region's economic health and quality of life.
McKinleyville Leadership is designed to accomplish four distinct goals:
- EXPOSE PARTICIPANTS to the processes, programs, opportunities and challenges that impact McKinleyville and Humboldt County
- STIMULATE INTEREST in community activities and encourage engagement in local and regional affairs
- CREATE A NETWORK of community-minded leaders who will lead in a spirit of collaboration that fosters regional prosperity
- PROVIDE PARTICIPANTS with behind-the-scenes view of local and regional issues and give them access to the top business, civic and community leaders who play integral roles in the McKinleyville and Humboldt County area
Participants will participate in educational sessions, site tours and candid conversations with community leaders. Topics including county government, law enforcement, education, social services, county planning and more.
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Free webinar looks at how your business can access opportunity outside our region
Grow Your Business Outside of Our Region
Webinar on Oct 18, 2017 at 12:00 to 1:00 p.m.
Humboldt County participants can join us for a live viewing with discussion following by the Northcoast SBDC and Humboldt Made at
AEDC 707 K Street, Eureka
.
Live discussion following 1:00 to 1:30 p.m.
- Are you looking for innovative ways to grow your business?
- Are you seeking to grow your client network?
- Do you know how to access global connections?
- Are you operating your business with an “opportunity mindset”?
Opportunity for growth is endless and it is worldwide! During this webinar, we’ll talk about developing your mindset to recognize local and global opportunities out there. You’ll be exposed to practical application tools and resources that you can implement immediately.
Learn and Discover:
- The definition of an opportunity mindset and how will it benefit you and your business.
- The benefits of thinking “globally” as you set goals for your business.
- How to access global networks from right where you’re sitting.
- Free and low-cost resources available to you right now.
- How to plan for growth while focusing on the present.
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Community gathers for 10th Redwood Coast Broadband Forum
About sixty attendees participated in the tenth Redwood Coast Broadband Forum, which was held on Sept. 14 at the River Lodge in Fortuna.
The forum provides an update on the current state of Broadband on a regional, statewide and federal level. Some of the participants represented include: the California Emerging Technologies Fund, the California Department of Technology, Rural County Representatives of California, Tolowa Dee-ni' Nation, Blue Lake Rancheria, Hoopa Tribe, Karuk Tribe and Yurok Tribe, Frontier and AT&T as well as smaller ISPs and service providers including Velocity and 101 Netlink and educational entities such as the Corporation for Education Network Initiatives in California (CENIC) and the Humboldt County Office of Education.
Dr. Michael Fratkin, of Resolution Care, talked about his palliative care service and the importance of connectivity to be able to reach patients where they live.
Participants talked about recent legislation that affects rural connectivity, as well as new projects such as Digital 299, which will place fiber from the coast to Redding through the highway 299 corridor, providing service to underserved areas, and providing additional support to anchor institutions such as emergency services.
If you're interested in learning more, or staying informed, there is a group on Facebook called "Humboldt Broadband."
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There is still time to register for the SBDC's tourism flight!
The North Coast Small Business Development Center is building a learning and coaching program for entrepreneurs in the tourism industry.
Is This for you?
Do you wish you could earn a living or increase your income from a business that depends on tourists for at least 50% of its revenue? Does your business have fewer than six employees, or are you pre-start-up? Does your household live with a low-to-moderate income? If you answer yes to all of these questions, then you may be eligible.
This learning program will run from September through November 2017
For more information
Call: (707) 445-9720
Visit: http://www.northcoastsbdc.org/tourism
Register now!
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Arcata Economic Development Corporation
Fax: (707) 798-6130
Tel: (707) 798-6132
707 K Street, Eureka, CA 95501
Newsletter produced by
Lynette Mullen, Projects Delivered
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