Economic Development

Important Deadline for PPP and EIDL Borrowers

The U.S. Small Business Administration will begin referring defaulted PPP and COVID-EIDL borrowers with loans under $100,000 to the U.S. Treasury Department and the Internal Revenue Service for collection beginning March 4, 2024. If you have not already applied for loan forgiveness or entered into a payment plan, you must act before March 3, 2024. If …

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Empowering Your Growth: Slark Consulting Group’s On-Demand Advising Program for Small Businesses

In the dynamic world of small business ownership, having access to expert guidance and strategic insights can make all the difference in achieving your goals. However, the traditional model of hiring a full-time business advisor may only be feasible and cost-effective for some small businesses. This is where Slark Consulting Group’s innovative On-Demand Advising Program …

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Expanding Your Business: 5 Key Factors to Consider Before Adding a Second Location

Expanding your business by opening a second location is a significant milestone that can offer tremendous opportunities for growth and increased revenue. However, it’s a decision that should not be taken lightly. Before you begin this journey, please consider these five essential factors to ensure your successful expansion. 1. Market Research and Demand Analysis One …

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National Advanced Air Mobility Center of Excellence Opens in Springfield, Ohio

Exciting news for our community! As we continue to push for innovation and economic growth, I’m thrilled to see our county host this event, as it represents a remarkable opportunity to bring together passionate minds, drive technology advancements, and foster innovation. I firmly believe in the power of innovation clusters. By creating environments where diverse …

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Labor Day 2023: Elevating Your Business with Employee-First Strategies

Happy Labor Day! Today marks the celebration of the invaluable contributions of workers since its inception in 1882. Labor dynamics have evolved significantly, and in 2023, acknowledging the transformative role of employees is more critical than ever. They’re not just cogs in a machine; they’re your competitive edge. Crafting a flourishing work culture requires strategic …

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Unleashing Prosperity: Embracing Cluster-Based Economic Development for Our Natural Endowment

Nestled in the heart of our region lies a remarkable natural endowment that has the potential to transform not only our local economy but also the lives of our residents. It’s time we seize the opportunity presented by this abundant resource and embark on a journey of cluster-based economic development. By harnessing the power of …

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