How does one find small business support in Iowa? Anyone starting a new business or looking to grow an existing operation knows there’s a lot more than just having a good idea or providing a valuable service. The “back of house” involved work when it comes to taxes, balance sheets or marketing may not come naturally and can often be a daunting task. Megan Milligan from the Iowa Center for Economic Success and Josh Fleming from Bank Iowa join Justin Brady to discuss everything from funding to business coaching is possible for Iowan’s looking to make it happen for their small business.
How Bank Iowa and The Iowa Center Worked Together
Starting a new business or expanding an existing one involves much more than just having a brilliant idea or offering valuable services. Behind the scenes, there is a number of essential tasks like managing taxes, balancing financial sheets, and effective marketing that may not come naturally to business owners. These requirements can often seem overwhelming. Finding small business support in Iowa can be daunting.
Megan Milligan, the President and CEO of the Iowa Center for Economic Success, highlights the availability of free business coaching for Iowans looking to navigate these challenges and achieve success in their small businesses.
Joining Megan is Josh Fleming, the Vice President of Marketing for Bank Iowa. He sheds light on the unique partnership between the Iowa Center and Bank Iowa, setting an example for other community banks in Iowa. Throughout the podcast, Fleming encourages other banks to follow Bank Iowa’s lead.
Fleming emphasizes the numerous advantages of such a collaboration, including economic development, job growth, and Community Reinvestment Act (CRA) credits, which ultimately make it a win-win solution for Iowa community banks. This partnership not only supports small businesses but also contributes to the overall prosperity of the community, aligning with the broader goals of fostering economic growth and success in Iowa.
Small business support in Iowa
This partnership between the Iowa Center for Economic Success and Bank Iowa leads to helping aspiring small business owners in Iowa. It goes beyond mere financial support, offering a robust support system to navigate the intricate landscape of business operations. The collaboration exemplifies the concept of giving back to the community by enabling economic development, job creation, and strengthening the local economy.
By encouraging other Iowa community banks to follow suit, The Iowa Center for Economic Success and Bank Iowa are fostering a culture of collaboration and community engagement. The ripple effect is felt in the growth of small businesses, the enhancement of job opportunities, and the overall betterment of Iowa.
The IowaPodcast.com community is a collaboration between our IowaPodcast.com hosts and Iowa brands to create fascinating content that both entertain and inform the state of Iowa. Brands compensate our hosts for their time in show preparation.