Exciting things are happening in the business development arena right here in Moniteau County. Several businesses are in the middle of expansions that will allow them to add jobs and meet expanded customer demand for their products. Behind the scenes, the Moniteau County Regional Economic Development Council (MRED) is set to launch an entrepreneurial development program called Startup Moniteau. This program will help us identify local entrepreneurs and partner them with the resources they need to get their business started and thriving. This will be a three-phase program that will culminate each year in a pitch competition, where entrepreneurs can win startup capital/services to put towards their business startup.
State Fair Community College’s Small Business and Technology Development Center (SBTDC) will be bringing another program to the area that will help compliment Startup Moniteau. LaunchU is a four-week hands-on course that coaches aspiring entrepreneurs and startups through the business planning process to determine business feasibility, which includes the actual development of a professional, U.S. Small Business Administration-approved business plan, pitch and financial forecast. The course consists of instruction from a certified facilitator, small group activities, one-on-one business coaching, access to market research data from the SBTDC, local experts as guest speakers, the LaunchU Startup Handbook, and a three-month license for LivePlan. At the end of the course, class participants compete with their pitch and plan to win a startup assistance package.
It is our hope that these programs will work in partnership towards providing opportunities for us here in Moniteau County to increase small business startup activity by offering high-quality education and assistance to local entrepreneurs. Couple that with some of the efforts underway to help develop a strong sustainable workforce that employers need, Moniteau County is positioning itself as a great location for any size and type of business.
To learn more about Startup Moniteau visit www.mred.biz/startup-moniteau/