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




    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