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Economic Development with Joe Venhuizen
Episode 53rd August 2022 • Banking On Business • Grace Bruins
00:00:00 00:33:24

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Shownotes

Small business owners are the backbone of the American economy. By opening and running a small business, they create jobs, stimulate economic growth, and bring new innovation to their communities. In order to support these important enterprises, state and local governments offer a range of incentives and programs to promote economic development.

In this episode Grace Bruins and Joe Venhuizen will take a closer look at what these initiatives involve, and how small business owners can benefit from them. Tune in and hear more.

Highlight

01:30 – Envision Greater Fond du Lac is a regional economic development and chamber of commerce organization. So what that means is it’s a result of a merged organization.

03:17 – The more that we know about current or upcoming business happenings the better we can position ourselves to help and assist.

17:31 – They get a certain commitment from their lender and the project costs X, the lender is willing to come in with Y and there’s this gap and that's where envision can come in and fill that gap.

29:55 – If you`re someone at any level in the business community, your network is so critically important and a lot of folks know this intrinsically but don’t put it into action. You get stuck in your way.

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