Resources & Information

This page gives an overview of the many types of resources, information and support our office can provide to new or existing businesses, including contact and financial resources and the many local, state, regional and federal assistance programs available. For assistance, please contact the Retail Services Specialist, Cara Knauf, at the Chamber of Commerce at cara@newulm.com or call 507-233-4308.

Available Space for Sale/Lease

Business Training Opportunities

July 2017

Start Up Smart - SBDC Workshop/Mankato - Free - Monday, July 17 - 4:00-5:00pm
https://mnsbdc.ecenterdirect.com/events/10405

Start Up Smart - SBDC Workshop/Mankato - Free - Tuesday, July 18 - 10:00-11:00am 
https://mnsbdc.ecenterdirect.com/events/10411

Human Resources Law - NST Live Seminar/Mankato $149 - Wednesday, July 19 - 9:00-4:00pm
http://www.nationalseminarstraining.com/Seminars/HR_Law/284034/index.html

9 Secrets for Retail Success - SCORE Live Webinar - Free  - Thursday, July 20 - 12:00-1:00pm
https://southcentralminnesota.score.org/event/secrets-retail-success

Legal Clinic for Entrepreneurs - SBDC Workshop/Mankato - Free - Thursday, July 20 - 11:00am-1:00pm
https://www.myminnesotabusiness.com/starting-a-business/legal-clinics-for-entrepreneurs/

Business Start-up 101 - IRS Virtual Webinar - Free - Tuesday, July 25 - 11:00am-12:00pm
https://www.irs.gov/businesses/small-businesses-self-employed/webinars-for-small-businesses-1#business

Top Misperceptions About Franchising - SCORE Live Webinar - Free - Thursday, July 27 - 12:00-1:00pm
https://register.gotowebinar.com/register/8443717518746450433?source=Score

 


Start-Up and Training Resources

Minnesota Chamber of Commerce

https://www.mnchamber.com/

What We Do
The Minnesota Chamber of Commerce is the state's largest and premier business organization, representing more than 2,300 businesses of all types and sizes across Minnesota. Your needs are our priorities as we work with you to make Minnesota a better place for businesses to locate, stay and grow.

RESOURCES:
Grow Minnesota
Grow Minnesota is the premier private-sector led statewide business retention, business assistance, and business expansion program in Minnesota. Our team helps Minnesota businesses locate the right resources and provide professional assistance so your business will succeed, stay and grow in our state.
https://www.mnchamber.com/grow/grow-minnesota-0

Business Resources
Our wide ranging database can be accessed quickly and includes a wealth of researched statewide resources. Brief descriptions of resources and direct links are focused on saving busy business people valuable time and money. Resources include: small business loan programs, information on how to start a business, resources for entrepreneurs, workforce recruitment assistance and training grants, exporting services and seminars, information on environmental permitting and regulations, energy use and waste reduction programs.
https://www.mnchamber.com/grow-minnesota-business-resources

Minnesota Department of Employment and Economic Development (DEED)

https://mn.gov/deed

What We Do
Minnesota Department of Employment and Economic Development (DEED) is the state's principal economic development agency. DEED programs promote business recruitment, expansion, and retention; international trade; workforce development; and community development. Learn what DEED is all about and the ways we help job seekers, businesses and communities.

RESOURCES:
Assistance for Minnesota Businesses Fact Sheet
It’s not easy to start, manage or expand a business. Having professional guidance at the right time can save time and
money – and prevent headaches. The Minnesota Department of Employment and Economic Development (DEED) offers
information, programs and services to help businesses succeed.
https://mn.gov/deed/assets/assistance-minnesota-businesses_tcm1045-261472.pdf

Guidebooks
Guidebooks for starting a small business, protecting your intellectual property, dealing with employment law issues, and more.
http://cdm16105.contentdm.oclc.org/cdm/search/collection/p16105coll5

 

Minnesota Business First Stop

https://mn.gov/deed/business/help/first-stop/

Minnesota Business First Stop streamlines the development process for complex business startups, expansions or relocations that involve financing, licensing, permitting, and regulatory issues that overlap multiple state agencies. The Minnesota Business First Stop Team is managed by the Department of Employment and Economic Development and includes representatives from eight state agencies.

RESOURCES:
Minnesota Business First Stop Fact Sheet
https://mn.gov/deed/assets/business-first-stop-fact-sheet_tcm1045-133657.pdf

Assistance Electronic Inquiry Form
We help companies at any stage of development, from new ideas to business startups to established companies with products and services ready to market. Just complete and submit this electronic inquiry form and we'll contact you.
https://apps.deed.state.mn.us/survey/geaform.shtml

 

U.S. Small Business Association (SBA) 

https://www.sba.gov/

What We Do
Since its founding, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. SBA provides assistances primarily through its four programmatic functions:

  • Access to Capital (Business Financing)
    SBA provides small businesses with an array of financing for small businesses from the smallest needs in micro-lending - to substantial debt and equity investment capital (venture capital).
  • Entrepreneurial Development (Education, Information, Technical Assistance & Training)
    SBA provides free individual face-to-face, and internet counseling for small businesses, and low-cost training to nascent entrepreneurs and established small businesses in over 1,800 locations throughout the United States and US territories.
  • Government Contracting (Federal Procurement)
    In keeping with the mandate of Section 15(g) of the Small Business Act, SBA's Office of Government Contracting sets goals with other federal departments and agencies to reach the statutory goal of 23 percent in prime contract dollars to small businesses. This office also provides small businesses with subcontracting procurement opportunities, outreach programs, and training.
  • Advocacy (Voice for Small Business)
    Created in 1978, this Office reviews Congressional legislation and testifies on behalf of small business. It also assesses the impact of the regulatory burden on behalf of small businesses. Additionally, it conducts a vast array of research on American small businesses and the small business environment. The Chief Counsel of this office is appointed by the President of the United States.

RESOURCES:
Minnesota
Resource Guide
The Minnesota Resource Guide contains information for small businesses that is local to the state of Minnesota. In addition to SBA programs and services, it includes contact information at the local, state and federal levels.
https://www.sba.gov/offices/district/mn/minneapolis/resources/minnesota-resource-guide

National Resource Guide
Small Business Resource magazine is the most complete guide to starting and expanding your business. You'll find information on counseling, training, capital, contracting, disaster assistance, business advocacy, local directories and more.
https://www.sba.gov/sites/default/files/files/resourceguide_national.pdf

 
Small Business Development Center (SBDC)

https://www.myminnesotabusiness.com/

What We Do
SBDCs provide the expertise and guidance that every small business owner needs to flourish in today’s competitive economy. The South Central Minnesota SBDC is part of the Minnesota network of regional centers. We are funded by the U.S. Small Business Administration and regional support partners, which allows us to provide professional services at no cost. We offer one-on-one consulting to established businesses and start-ups. We also help to find and secure the capital you need to operate and expand. Finally, we offer an array of training sessions at no cost or nominal cost.

RESOURCES:
Business Owner's Toolkit
Information to help with incorporation options and choose the right business type.
https://www.bizfilings.com/toolkit

Business Plans Handbook
Eleven reference volumes composed of actual business plans written by entrepreneurs in North America who are seeking financing for their business.
http://www.referenceforbusiness.com/business-plans/

 

 

Southern Minnesota Initiative Foundation (SMIF)

https://smifoundation.org/

What We Do
Southern Minnesota Initiative Foundation is a regional development and philanthropic organization that fosters economic and community vitality in 20 counties of southern Minnesota through a culture of collaboration and partnership. We envision a prosperous and growing region with vibrant communities, innovative and successful economies, and engaged and valued citizens.

RESOURCES:
Fund Portal

To achieve our vision of helping develop more community vitality, we offer grants to nonprofits and communities, Community Foundation support and regional collaboration.
https://smifoundation.org/smif-portal/smif-portal-login.html

Small Town Grants
The goal of our grant making is to bring community leaders together in a collaborative and inclusive way to create a shared vision and path towards transformative ideas and goals. SMIF is offering grants of up to $10,000 for these communities to support projects that can demonstrate a collaborative and transformational opportunity for their community.
https://smifoundation.org/smalltowngrants/about.html

 

 

Loan and Grant Resources for Businesses

Federal Programs

National Trust Community Investment Corporation (NTCIC)
Small Deal Fund
1155 15th St NW #300, Washington, DC 20005
(202) 588-6001
www.ntcic.webfactional.com

Small Business Administration (SBA)                                                                         

General Small Business Loans (7A), Microloan Program, Real Estate and Equipment Loans (CDC/504), Disaster Loans, Loan Programs
US Small Business Administration,  409 3rd St. SW, Washington DC 20416
800-827-5722
answerdesk@sba.gov
https://www.sba.gov/loans-grants

 


State Programs

Department of Employment and Economic Development (DEED)
Business Assistance and Information
1st National Bank Building
332 Minnesota St., Suite E-200, St. Paul, MN 55101-1351
651-259-7114 or 800-657-3900
deed.customerservice@state.mn.us
www.mn.gov/deed


Regional Programs

Brown County Economic Development Partners (BCEDP)
Revolving Loan Fund and Business Assistance; Brown County Revolving Loan Fund
Rob Anderson, Executive Director
300 2nd Av. SW, Sleepy Eye, MN 56085
507-794-7992

Small Business Development Center (University of Minnesota/Mankato SBDC)
1536 Warren St., Mankato, MN 56001
507-389-8875
www.myminnesotabusiness.com

504 Corporation
Loan Program
Mary Oudekerk, Senior Business Development Officer
1961 Premier Dr. Suite 202, Mankato, MN 5+6001
507-625-6056 or 800-749-9015
mary@504corporation.com
www.504corporation.com

Southern Minnesota Initiative Foundation (SMIF)
Business Loans, Small Enterprise Loans
Diane Lewis, Business Lending Director
525 Florence Av., P.O. Box 695, Owatonna, MN 55060-0695
507-455-3215 X 115
dianel@smifoundation.org
www.smifoundation.org

Region Nine Development Commission (R9DC)
Micro-Enterprise Loan Funds; Revolving Loan Funds
10 Civic Center Plaza, Suite 3, P.O. Box 3367, Mankato, MN 56002
507-387-5643 or 800-450-5643 and 507-387-7105 fax
rlf@rndc.org
www.rndc.org


Local Programs

City of New Ulm/Economic Development Authority (EDA)
Rehabilitation Loan Program; Limited Loan Program
David Schnobrich, Community Development Director City of New Ulm
100 N. Broadway St., New Ulm, MN 56073
507-359-8245
david.schnobrich@ci.new-ulm.mn.us
www.ci.new-ulm.mn.us

New Ulm Economic Development Corporation (NUDEC)
Preservation Easement Program
1 N. Minnesota St., New Ulm, MN 56073
507-233-4305 or 507-276-9729
nuedc@newulmtel.net

Headstart to the Heart of the City Program
Bank Loans for Businesses in Downtown New Ulm; Professional Services for Accounting and/or Legal; Remodeling and Renovating Resources; Technical Communication Services
Cara Knauf, Retail Services Specialist, New Ulm Area Chamber of Commerce
1 N. Minnesota St., New Ulm, MN 56073
507-233-4308
cara@newulm.com

 

Loan and Grant Resources for Historic Buildings


Under a program of the National Park Service, New Ulm is designated as a Certified Local Government. Buildings in New Ulm listed on the National Register of Historic Places and/or located in the Heritage Preservation Commission’s Commercial Center Historic District may qualify for assistance from the entities listed below. In addition, New Ulm has earned designation as a Minnesota Main Street (MMS) community, a program of the Preservation Alliance of Minnesota (PAM), which provides support and assistance for designated properties located in the Downtown Historic District. For a list of qualifying properties, please contact Cara Knauf, Retail Services Specialist, at cara@newulm.com or call 507-233-4308.
              

Federal Programs

National Park Service (NPS)
Federal Tax Credits for Rehabilitating Historic Buildings/Main Street Commercial Buildings; Historic Preservation Tax Incentives Program
National Park Service
1849 C St. NW, Washington, DC 20240
(202) 513-7156
www.nps.gov/tps

National Trust for Historic Preservation (NTHP)
National Trust Preservation Funds
The Watergate Office Building
2600 Virginia Av. NW, Suite 1100, Washington, DC 20037
202.588.6000 or 800.944.6847
https://savingplaces.org/


State Programs

Minnesota Historical Society (MNHS)
Certified Local Government Grants; Historical and Heritage Grants; Historic Structure Rehabilitation Grants
345 W. Kellogg Bl., St. Paul, MN 55102
651-259-3000 or 800-657-3773
webmaster@mnhs.org
www.mnhs.org

Preservation Alliance of Minnesota (PAM) and the Minnesota Main Street Program (MMS)
Purchase Options; Investment Partnerships
416 Landmark Center, 75 W. 5th St., St. Paul, MN 55102
651-293-9047
info@mnpreservation.org
www.mnpreservation.org


Local Programs

Heritage Preservation Commission (HPC)
Signage and Awning Grant Program
Ellwood Zabel, Building Official, City of New Ulm
100 N. Broadway St., New Ulm, MN 56073
507-359-8245
ellwood.zabel@ci.new-ulm.mn.us
www.ci.new-ulm.mn.us

 

City of New Ulm/Economic Development Authority (EDA)
Rehabilitation Loan Program; Limited Loan Program
David Schnobrich, Community Development Director, City of New Ulm
100 N. Broadway St., New Ulm, MN 56073
507-359-8245
david.schnobrich@ci.new-ulm.mn.us
www.ci.new-ulm.mn.us