Economic Development

Economic Development - Banking on Business

Episode 5

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.


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.

The Banking on Business podcast is aimed at helping entrepreneurs grow their businesses with practical strategies they can start using today. Hosted by Grace Bruins, Marketing Officer at Horicon Bank, each episode features an expert guest and explores ways to innovate the way you do business.

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