The application process begins by completing a qualifying survey online at www.usi.edu/breakout, with a deadline of noon CDT on October 23.
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USI Offering Grants to Small Business
The University of Southern Indiana is taking applications from small businesses in southwest Indiana for seven grant opportunities. Recipients will receive strategic planning and technical assistance worth up to $10,000. Applicants must have fewer than 50 employees, less than $1 million in annual gross revenues and be located in Dubois, Gibson, Knox, Perry, Pike, Posey, Spencer or Warrick counties. Winners will be announced in December.
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Press Release
Evansville, Ind. -- Seven small businesses in southwestern Indiana will benefit from a grant the University of Southern Indiana has received from the Department of Agriculture Rural Development Office. The competitively-selected businesses will receive expert services to provide strategic planning and technical assistance to prepare them to move to the next level of success. To qualify, companies must be a privately-owned business meeting the following criteria:
· Employ 50 or fewer individuals
· Have less than $1 million in projected annual gross revenues
· Be located in one of the following Indiana counties:
-- Dubois
-- Gibson
-- Knox
-- Perry
-- Pike
-- Posey
-- Spencer
-- Warrick
· Be able to invest $1,500 to cover a portion of the costs of services rendered. The value of the assistance received will be in the range of $5,000-$10,000 per company.
Project activities and services will occur during 2010.
The application process begins by completing a qualifying survey online at www.usi.edu/breakout. The application deadline is noon CDT on Friday, October 23.
Representatives of qualified companies will be invited to an information session in Huntingburg on Friday, October 30. USI staff and regional economic development organizations will answer questions about the program and assist companies in developing their formal applications.
Seven companies will be selected for participation. The companies selected will be announced Tuesday, December 1 with projects beginning immediately after the first of the year.
Examples of the assistance available include strategic planning as well as aid in improving operational efficiency, and developing human resources, sales, marketing, and financial processes. Each work plan will begin with an organizational assessment wherein company leaders will work with project consultants to identify the exact services to be delivered.
Additional information may be found at www.usi.edu/breakout or by calling Linda Cleek, associate dean of Extended Services, at 812/464-1932 or 800/467-8600 or by email at lcleek@usi.edu.
Source: University of Southern Indiana
