FAQ’s

The Indiana Small Business Development Center (ISBDC) offers a list of FAQ’s to consider when starting your own business.

The U.S. Small Business Administration has a list of FAQ’s to help you navigate starting a business.

BDC of Canada also has a self assessment questionnaire the evaluates your entreprenurial ability.

Workshops & Videos

Score is a nonprofit association dedicated to helping small businesses get off the ground offers online workshops to prepare you for starting your own business.

The Internal Revenue Service (IRS) features a series of free online videos to help when starting a business.

US Small Business Administration (USSBA)
offers online courses, podcasts, whitepapers and other sources for Starting a Business.

Business Mentoring

Local Resources

Dubois Strong staff and local business leader volunteers are ready to assist and provide you with resources for your business’ startup.

State Resources

There are free state sources for one-on-one business counseling:

Indiana Small Business Development Center (ISBDC)
The ISBDC was created to support sustainable businesses in Indiana.

Funding

Dubois Strong is a resource for accessing funds for new startups, business expansion and companies looking to relocate. We work closely with local, state and federal agencies to help businesses cut through red tape, getting funding where its needed for new jobs and economic opportunities.

Below is a list of the most frequently used financing and incentive sources:

Direct Assistance

Dubois Strong assists new startups with lending programs and directives. Below is a list of loans that may be available to your business.

Enterprise Loan Fund (ELF)
The Enterprise Loan Fund is for “gap financing” of business ventures that create and retain job opportunities in Dubois County. Eligibility for this loan program is based upon location within the geographical boundaries of Dubois County, Indiana. Loans will be targeted to industrial and commercial business organizations where potential job creation and retention are greatest. The ELF will also target loans to businesses and industries with economic growth potential that would have additional positive economic impacts within Dubois County and the surrounding area.

For more information, download the Dubois Strong ELF Brochure. Or if you’re ready to get started, click here for an Online ELF Application.

Indiana Finance Authority (IFA) Small Bond Program
Manufacturing companies and certain not-for-profit organizations with financing needs of $3 million or less may qualify for the IFA’s Small Bond Program. The Program offers reduced time frames, reduced fees and less paperwork to qualifying projects. Smaller companies may find it easier to access the tax-exempt market with the IFA’s Small Bond Program, where banks purchase and hold the bonds. IFA recommends that you contact your lender to determine if this program is right for you.

For more information, visit IN.gov

Grants

Dubois Strong assists new startups with grant access and directives. Below is a list of grants that may be available to your startup business.

Young Entrepreneur Program

21st Century Fund

Rural Business Enterprise Grants (RBEG)

Rural Business Opportunity Grants (RBOG)

Rural Capacity Grants (RCG)

Skills Enhancement Fund (SEF)

Industrial Development Grant Fund (IDGF)

Dubois County Tax Increment Financing (TIF)

Tax Credits

Dubois Strong assists new startups with tax credits education. Below is a list of tax credits that may be available to your startup business.

Economic Development For A Growing Economy (EDGE)

Hoosier Business Investment Tax Credit (HBI)

Industrial Recovery Tax Credit

Research and Development (R&D) Tax Credit

Venture Capital Investment Tax Credit

Patent Income Tax Exemption

Additional Assistance

Additional local, state and federal assistance is available to businesses. For more information please visit the Indiana Economic Development Corporation website or contact our Region Director.

Indiana Economic Development Corporation (IEDC)

Indiana Southwest Region Director
Susan Vaughn | 812.492.4415SuVaughn@iedc.in.gov

Indiana Small Business Development Center (ISBDC)

Business Advisor

Troy Phelps | 812.345.9395 tphelps@isbdc.org