Transcript reedcenteroverview.ppt

Regional Entrepreneurship and Economic
Development (REED) Center
A Business-Education Partnership
Supporting Today’s
(and Tomorrow’s)
Small Business Owners
SMALL BUSINESS STATISTICS
Americans Attempting to Start Own
Businesses
10,000,000
ATTEMPTS
3,333,333
2,200,000
1,333,333
Start-ups
At 2 years
At 6 years
STATE’S ECONOMIC STATUS
SERVICE AREA

Primary
• Weakley
• Carroll
• Gibson
• Henry
• Obion
•Secondary
•Benton
•Crockett
•Dyer
•Lake
•Unemployment
•Per Capita Income
•Bankruptcy
•10-Year Growth
REED CENTER SERVICES


Programs and Training Sessions
• Effective start-ups
• Product positioning
• Employee benefits
Services and Assistance
• Preparing business plans
• Identifying sources of financing
• Managing cash flow
• Personal financial planning
PARTNERS
City of
Martin
Reelfoot Bank
RESOURCES AND FACILITIES



The “Larry Taylor” Building
(406 South Lindell Street)
Over 1600 total square feet:
• Help Desk
• Resource Center
• Consultation Office
• Conference Room
• Classroom
Web Site
LOCATION
Proposed Facade
Current Site
TIMEFRAME
ACTIVITY
Await grant approval
Bid renovation contract
Hire center coordinator
Purchase equipment
Undertake renovation
Install equipment
Initiate marketing plan
Hire support staff
Schedule consultants
Organize & prepare space
GRAND OPENING
Sep
Oct
Nov
Dec
Jan
Feb
Mar