the vision begins the “think big dream team” the team had representation of the region’s...
TRANSCRIPT
THE VISION BEGINSTHE VISION BEGINS
The “Think Big Dream Team” The team had representation of the region’s financial and
advocacy organizations that: Have over a decade of experience with support services for the
region. Have an intimate awareness of requested needs. Understand HOW to deliver services. Were spawned and empowered by communities.
The Challenge “How do we optimize our ability to fulfill requested needs and
services?”
HISTORICALLYHISTORICALLY
Independently they provide on a limited basis:
Financing
Technical Assistance
Housing
Agricultural & Horticultural Research
General Economic Development Support
Grant Writing Services for Small/Micro Businesses
Communications Networking
Draw on one another's expertise and provide Draw on one another's expertise and provide seamless services for the regionseamless services for the region
• Basic Financial Training for Low Income People
• Home Ownership
• Development of Regional Philanthropy
• Sustainability Options for Small Producers
• Youth Entrepreneurship/Retention
• Business Financing
• Business Expansion
• Communications Technology Training• Customer Service
Educational Programming Housing
Technical Assistance
BusinessDevelopment
Iowa Sales Network
• Regional Housing Trust Fund
• Individual Development Accounts
• Expanded Efforts in Rehabilitation/New Construction
•Market and Customer data for small agricultural producers
•Commodity-based crops: bio-energy, bio-diesel; bio-tech pharmaceuticals
•Business Plan Development
•Business Research and Development
•Legal
•Cash Flow Projections
•Grant Writing
• Micro Enterprise Loan Program
•Tax Credit Training/Clearinghouse
•Iowa Sales Network: Product to Market Venue
•Local, regional, state, national and global marketing and advertising support
•Fulfillment of economic development organizations’ requests
•Retain and recruit new residents to the region
The Iowa Sales Network will be a web site presence developed by the Center that enhances the opportunities for
economic success
of rural entrepreneurs by expanding their market into Iowa and across the United States,
of rural communities by expanding existing businesses, increasing the number of start-up businesses, and by creating new jobs at good wages,
and of small producers utilizing the advances in horticulture by opening local markets for selling their products.
The Iowa Sales Network will:The Iowa Sales Network will:
serve as the mechanism for the Center that will
provide a successful venue for product to
market for micro-enterprise, small business
and small agricultural producers.
be distinctive from other, basic e-commerce
sites developed by non-profits for use by for-
profit businesses.
Become self-sustaining and provide a
substantial revenue stream for the Center’s
general operating budget.
Micro-Enterprises & Entrepreneurs will be Micro-Enterprises & Entrepreneurs will be successful because:successful because:
The Center Staff will ensure that the necessary
support services are available for upstarts and
during typical “at risk” stages
The ISN will provide them with what they can not do
singly: highly automated system of accounting, billing of customers
volume affordable credit card and e-check service
advertising
marketing
shipping
networking for small ag producers to fill institutional orders
IT WILL BE LIKEIT WILL BE LIKE
BRINGING A BUSINESS TO
SOUTHWEST IOWA THAT EMPLOYS
200 PEOPLE
WITHIN THE FIRST 3 YEARS
AT $25 AN HOUR
Piecing it Together: We begin with a Piecing it Together: We begin with a marketing component of the ISNmarketing component of the ISN
“Window Showcases” Funded in Part by the CVC
Partners/Support Include The Southwest Iowa Coalition
The Grow Iowa Foundation
ISU Extension to Communities
The Wallace Foundation for Rural Research & Development
Window ShowcasesWindow Showcases
The Concept A Viable Product to Market Mechanism
You can build it — they might not come. Brick & Mortar Showroom
Visual Access to Product
Networked Through Existing Community Web Sites
Critical Mass Necessary for a Varied Shopping Experience
Side Benefits Adds Viability to Main Streets and Town Squares
Tourism Attraction
Begins to Brand the Region
Window ShowcasesWindow Showcases
$50 per Product Per Product / 1 Per Window All Thematically Dressed Shop on Line or From Information on Label Awareness
Community visitors Web site traffic Press releases Brochures Visible during community existing events
Window ShowcasesWindow Showcases
Networking in Action Time
Most have a full-time job One/Two producers Don’t have to maintain the Web page
Cost Savings on marketing/advertising Can not afford to reach a broader market Can charge more for the product No Overhead in Consignment
Joining for a Bigger Impact Visual Presence E-Commerce Traffic Capturing Current Visitors to Web sites Variety
Window ShowcasesWindow Showcases
Challenges:
Afraid of Competition
Afraid of Legalities
Schemes
Stressed Chambers
A Lot of Education Time
Can’t Provide Technical Assistance
Window ShowcasesWindow Showcases
Where are we now?
Temporary Windows
Attracting Vendors
Produce the Brochure
In Time for Thanksgiving
Traffic and Christmas
Sales