Redevelopment Commission and Purdue Center for Regional Development announce Small Business Economic Growth Program
The Floyd County Redevelopment Commission and Purdue Center for Regional Development are excited to announce applications are being accepted for Floyd County’s Economic Gardening program. The program employs professional researchers who leverage sophisticated corporate databases, geographic information systems, and Web marketing tools to help small Stage 2 companies accelerate their potential for growth. Efforts are focused in areas such as; market research, social media, web optimization, and qualified sales leads.
Designed to offer customized marketing and research services for small businesses on a budget, the Economic Gardening program is being offered as a free service by the Floyd County Redevelopment Commission to businesses located in Floyd County.
To be eligible for the program, local companies need to employ between 9-99 employees, have annual sales in a range $750k-$50 million, and be located in Floyd County. The program is offered at no charge to the participating companies. Applications can be obtained via the Floyd County website – (see link below) or by contacting the Floyd County Redevelopment Commission at (812)948.4110.
“The program is designed to provide a high-powered specialized staff for a short period of time to assist small businesses on their next set of decisions on markets, concepts, and products. “ stated Bob Woosley, President of the Floyd County Redevelopment Commission
This program offers community businesses access to a set of experts in regional economic development. The Purdue teams is trained and certified by the National Center for Economic Gardening. National Center has over thirty years of experience in developing and promoting local small business development. Founded by Chris Gibbons in Littleton, Colorado Economic Gardening program focuses on assisting local businesses with services that are often put to the side in terms of day to day operations of small businesses.
Locally owned businesses have a significant greater impact on the local economy than national or multi-national businesses. According to research by Michigan State University, local businesses keep $73 dollars for every $100 in sales locally while only $43 dollars are kept locally from national firms. Additional research from Institute for Local Self-Reliance indicates that local businesses provide four times in local charitable giving than national companies.