FEBRUARY 11, 2021

RESOURCES & INFORMATION
FROM BID #8 OUR PARTNERS
The National Development Council, a national leader in community and economic development training, is offering training to assist small business owners who have been affected by the pandemic.

Cash Reigns Supreme Webinar Series

The three-part Cash Reigns Supreme webinar series is designed to teach small business owners the importance of financial statements and how they can be used to make better business decisions.
 
Specific topics include:
•  The importance of maintaining current and accurate financial records
•  Balance Sheet and Profit & Loss Statements
•  The importance of CASH
•  Determining your company’s cash needs
•  Cash flow statements and cash flow forecasting
•  Accounting terminology
•  Selecting an accounting system
•  Preparing for growth
For webinar series & coursework...

WEDC Main Street and Connect Communities businesses are invited to attend a series of FREE virtual training events during spring of 2021.

  • 2/11, 4-5 pm: Business Planning/Pivot
  • 2/17, 9am: Placemaking for Businesses
  • 2/24, 8:30am: Advanced Ecommerce

For details and registration...
Scale Up Milwaukee is launching its fifth SPARC cohort with applications being accepted from business owners throughout Wisconsin and the surrounding region through the beginning of March for the business accelerator program focused on Black-, Hispanic-, and woman-owned businesses. Programming will be held in a virtual setting and is open to companies owned by women and people of color with annual revenue under $1 million.

Curriculum will focus on how businesses can pivot operations to a digital presence, remote work, crisis recovery and planning, cash flow, and use of government funding from programs like the Paycheck Protection Program.

The program offers a great opportunity for business owners to recalibrate their approach to business amid the evolving economic and social landscapes impacted by the COVID-19 pandemic as well as efforts to achieve greater levels of social justice. There will be 10 weekly classes from March through May, providing one-on-one access with program instructors and experts, with more than 30 hours of instruction.

Applications for the program can be found at https://www.surveymonkey.com/r/SPARCSpring2021.

For details and to apply
During this virtual workshop, attendees will learn what is a profit and loss statement and what it can do for your business.
In the below webinar link, a NDC loan officer reviews the requirements, documents, and updates related to the First and Second Draw PPP Program. At the end of the session you will understand how to prepare for and obtain a First or Second Draw PPP loan with NDC’s GAF.
MKE Black Survey
You are invited to participate in a brief survey to help MKE Black learn how to better support local Black businesses!
First ever Main Street Academy!
Want to learn how the stimulus could impact your small business & community? Join the Main Street Academy (MSA), along with special guest Wausau Mayor Katie Rosenberg & Didier Trinh, Director for Government Affairs at MSA for a deep dive on the policy.
In 2021 the Historic King Drive BID (BID#8) will deliver more short and informative messages to our members. Please check your email regularly for future communications. For questions or feedback email diana@kingdriveis.com.
We look forward to serving you in 2021 and beyond!
kingdriveis.com