Business Plan Incentive

New Eagle River Businesses That Start Smart
Could Get Cash, Other Benefits From Grant Program 

New businesses that develop a written business plan before opening their doors typically enjoy better success, profits and longevity.

That fact has motivated Eagle River’s Main St. program to offer entrepreneurs a new package of incentives if they develop a qualifying business plan before opening or expanding a small business located in the City.

“Our Business Plan Incentive Grant program offers new business owners $500 cash for business improvements, up to $1,000 in newspaper and radio advertising, and up to $500 matching grant toward the cost of a sign, as well as other valuable technical and financial advice,” said Main St. Executive Director Martha Geiseman.

Business Plan Incentive Grant applications will be available at the Eagle River Main St. program office in City Hall anytime after the first of the year.

Martha Geiseman said business plans are not difficult to write, but do require aspiring small business owners to consider several factors that might otherwise be overlooked. “A good business plan is worth its weight in gold for those just starting out, and a thorough plan has saved many businesses from failure,” she said.

Sponsors of the 2015 Business Plan Incentive Grant program are First National Bank, River Valley Bank, BMO Harris Bank, RIPCO Credit Union, Associated Bank, the Vilas County News-Review and WRJO/WERL Radio, all of Eagle River.

Questions about the Business Plan Incentive Grant program should be directed to Martha Geiseman at (715)-477-0645 or errp@nnex.net.