Are you thinking about starting your own business or are you currently operating a small business and interested in technical assistance? Washington County and Hugo have partnered with the Metropolitan Consortium of Community Developers (MCCD) to offer the Open to Business program. This program provides free, confidential one-on-one assistance from MCCD’s expert staff, customized to meet the specific needs of each entrepreneur.
Free Technical Assistance
Open to Business will provide prospective and existing entrepreneurs in Hugo with free one-on-one counseling with a business advisor. The program provides assistance in the following areas:
- Business plan development
- Financial management
- Cashflow financial
- Bookkeeping set‐up and training
- Loan packaging
- Commercial real estate analysis
- Marketing assistance
- Strategic planning
- Networking & professional referrals
Small Business Loan Program
Open to Business advisors can also assist entrepreneurs to identify borrowing needs and accessing financing options. Advisors work with clients to help them find the financing that best meets their own unique needs. MCCD also provides direct financing and loans in partnership with banks and nonprofit lenders. Funds can be used for inventory, working capital, asset and equipment purchases, real estate acquisition, and start-up costs!
How it Works
For general information, visit the Open to Business website at www.opentobusinessmn.org