9.14.18

9 resources that could change how you do business

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For new and established businesses, there’s a wealth of resources to help you get started, grow and advance.

One of the smartest things business owners can do is to acknowledge that they don’t know everything. Fortunately, there are numerous resources to fill the knowledge gap. We’ve listed nine below, including programs that connect you with university researchers and show you how to get government contracts.

  1. Chamber of Commerce

One of the hardest parts of running a business is getting visibility. When you join a Chamber, you become part of a group that’s committed to helping local business owners and giving back to the community. Plus, many buyers see Chamber members as more trustworthy. Almost every community has a Chamber of Commerce; locate the one nearest to you.

  1. SCORE

The Service Corps of Retired Executives, known simply as SCORE, is a volunteer group that provides support from folks who have “been there, done that” to help small business owners thrive. This program pairs you with an experienced business mentor you can turn to with questions. In addition to personal mentoring, SCORE offers online webinars and courses. Find a chapter near you.

  1. Southwest Michigan First

Southwest Michigan First drives economic development by assisting companies in growing jobs. To meet this goal, they focus on business-to-business marketing, supply chain recruitment, workforce development, capital acquisition, site selection, consulting services, brand development and efficient government. Learn how they can help develop your business.

  1. Michigan Small Business Development Center

This powerhouse with 11 regional offices and more than 20 satellite offices enhances Michigan’s economic wellbeing by providing consulting, training and market research for new ventures, existing small businesses and advanced technology companies. From business plan development to raising capital to strategic planning, the SBDC can help. Get started with their workshops and consulting.

  1. Economic Gardening Network

This free program is designed to provide businesses at the critical second-stage juncture build stronger teams, identify new markets and sharpen their competitive edge using high-end corporate research tools. Apply online.

  1. Procurement Technical Assistance Centers (PTACs)

PTAC is the place to turn to become a government contractor. They’ll help identify bid opportunities, simplify the bidding process, expedite payments through electronic invoicing and assist with post-award evaluations. Find out what PTAC can do for you.

  1. Michigan Corporate Relations Network (MCRN)

This statewide network connects Michigan companies with university assets to promote innovation and grow Michigan’s economy. Their Small Company Innovation Program provides matching funds to engage partner universities on company-specific research projects. See if a partnership is right for you.

  1. University Experts Portal

Part of the MCRN, the University Experts Portal allows you to search through topics of research and expertise at Michigan’s universities and request that the MCRN connect you with on-campus resources. See how it works and do a search.

  1. A list with more resources

We can’t list all available resources. In addition to the eight listed above, explore more options on the MEDC’s resource list.

Do you have business banking questions? Contact our knowledgeable business development managers or call 800-991-2221. We’re here to help you grow your business!

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