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Developments
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October 2006
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All Hallows Eve is almost upon us! Beware the ghosts
and goblins (but enjoy the candy)!
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Calling All Inventors and Entrepreneurs!
DCEDC has scheduled the inaugural meeting of the
Door County Inventors and
Entrepreneurs (I&E) Club
for Tuesday, November 7th, 6-8pm at the Sturgeon
Bay campus of the Northeast Wisconsin Technical
College (229 North 14th Avenue). Anyone with an
idea for a small business or product they’d like to
bring to market is encouraged to attend, as are
current business owners who’d like to network with
like-minded individuals. Retirees and former business
owners who would like to network and share their
experiences with new entrepreneurs are also
welcome. I&E Club meetings, and membership, are
free and open to the public.
This initial meeting will introduce the concept of an
Inventors and Entrepreneurs (I&E) Club to the area
and include a screening of “Catch The Fever,” a DVD
video produced by the Wisconsin Department of
Commerce and the Wisconsin Entrepreneurs Network.
The film features the fantastically successful Juneau
County I&E Club, which claims over 300 members and
has provided inspiration and guidance to dozens of
start-up companies. I&E Clubs are sprouting up all
over the state, offering networking and learning
opportunities for anyone who is thinking about
starting a business, bringing a new product to market
or talking to people who are already established in
business.
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How Much Money Does it Take to Start a Small Business?
Small business owners use an average of $10,000 to
start their businesses, according to the latest Wells Fargo/Gallup Small Business
Index study released in
August 2006 by Wells Fargo & Company. Many small
business owners started businesses with their own
money, and with very small amounts. Seventy-three
percent of business owners surveyed primarily funded
their businesses with their own personal savings,
while 37 percent obtained loans and lines of credit.
The study also revealed a need for business
knowledge and information. Only thirty-one percent
of small business owners surveyed started with
business plans. Forty-nine percent say they would
have had an easier time had they asked for more
advice from experienced business owners, while an
additional thirty-nine percent indicated a better
understanding of financial management would have
been an asset.
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Changes at the Door County Business Development Center
The Door County Business Development Center, the
small business incubator operated and managed by
the Door County Economic Development Corporation,
is pleased to announce that a current tenant, Iron
City LLC, has grown beyond the facility and will
graduate to a new location. Iron City, LLC will now
be located in a section of the former Emerson Motors
building in the Sturgeon Bay Industrial Park.
Established in 2002 by owner Gary Miller, Iron City was
founded to provide manufacturers with one premier
source for all sizes and types of aluminum and
fabricated blast gates. Used in dust collection
systems to control airflow from one machine to
another, blast gates maximize system efficiency. Also
known to the industry as cut-offs, Iron City aluminum
blast gates save power and increase efficiency. The
majority of Iron City's aluminum blast gates are
produced using die-cast molds, which ensure a higher
quality, nicer looking and lower priced blast gate.
TF System -
The Vertical ICF, Inc. (formerly Wisconsin
Thermo-Form) has also fully graduated from the
incubator, after previously moving their fabrication
and warehousing operations. The company is now
completely headquartered in Green Bay, in order to
better serve their clients in the Fox Valley and
beyond. TF System manufactures insulated concrete
building systems. The highly efficient, patented TF
Building System is based on an I-Beam structural
framing skeleton, and top and bottom guide
channels. This system holds panels of high-density
expanded polystyrene to create a single package of
form, permanent reinforcing and insulation for poured
concrete walls.
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Space Available
Because of the changes at the Door County Business Development Center,
the small business incubator
has a variety of spaces immediately available for
rent: five finished offices (150 to 400 sq ft) and
3,200 sq ft of light manufacturing space. Much of the
available space is dividable to accommodate the
needs of any size or type of business. Eligible clients
include new or young companies looking for support
to get a strong start in business.
The Business Development Center helps reduce
business start-up overhead costs by offering
affordable rents and providing free or low-cost
access to shared facilities, services and equipment,
including: truck docks; forklift; high-speed internet
access, copier, fax and mail services; and a private
conference room. Center tenants may also qualify for
special business incentive and finance programs: low
interest loans; business finance training and
consulting; tax incentives; and financing eligibility
and application assistance.
For more information regarding the available space in
the Door County Business Development Center,
located in the Sturgeon Bay Industrial Park, contact
Mary Paitrick, DCEDC Operations Manager at (920)
743-3113 x202.
E-mail Mary
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Sustainable Communities
Steve & Nancy Sandstrom, “Eco-Entrepreneurs” and
owners of PineHurst Inn at Pikes Creek in Bayfield,
WI, will be in Door County this month to talk about
their experiences with “Building Sustainable
Communities: An Eco-Municipality Movement.” The
Sandstroms are knowledgeable in environmental
education, "green building" and business
management. They will share their experiences and
hope to inspire participants to use the resources of
the Door County peninsula more effectively.
"Building Sustainable Communities - an Eco-
Municipality Movement" will be presented on
Tuesday, October 24, 7pm in Fish Creek at the old
Town Hall and repeated on Wednesday, October 25,
7pm in Sturgeon Bay at the Collins Learning Center,
Crossroads at Big Creek.
The program is offered by the Natural Step Group of
Door County and supported by Door Property Owners
Association, Door County Environmental Council and
DCEDC. For information, contact Peter Sigmann of
the Door County Environmental Council at 920-824-
5193.
E-mail Peter Sigmann
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Job Shadows
Heather Powell, Business and Education Manager for
the Door/Kewaunee Business & Education Partnership
(DKBEP), is looking for local businesses willing to have
high school students participate in on-site job
shadows this academic year. Job shadowing is an
opportunity for area students to gain first-hand
knowledge and experience in exploring the world of
work. A student with a career interest is matched
with, observes and interacts with an adult in that
career. Students have an opportunity over the
course of a few hours in the workplace to learn
about the education, skill requirements and
characteristics of the job.
The job shadow program is designed to educate
youths about local job opportunities and help fill the
future employment needs of businesses in the region.
If you would like to help inspire Door County youth to
enter the local workforce, please contact Heather at
920-743-3113 x205.
E-mail Heather
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