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Starting a business and looking for money: How does it work? Stories from the field

2 Main Street
Randolph, VT

Randolph, VT – Randolph Area Community Development Corporation, White River Investment Club, and Randolph Economic Development Council are partnering with Slow Money Vermont to host an evening of stories and dialogue focused on what it takes for early-stage entrepreneurs to capitalize their businesses on May 17th. A panel of entrepreneurs will share their stories, complemented by the perspective of capital providers and business assistance programs. Audience engagement will be encouraged and facilitated.

The gathering will provide an opportunity for entrepreneurs to learn and network with investors and service providers. The event has a registration fee of $10. It will run from 5:30-8:00 p.m. at 2 S. Main St.in Randolph. In addition to the panel presentations and Q&A session, there will be ample time for networking. Light refreshments, including dessert—featuring local products will be provided by Black Krim Tavern. A cash bar will be available.

The US Small Business Administration’s Office of Advocacy asserts that small businesses significantly impact Vermont’s economy, representing 96.3% of all employers and employing 59.7% of the private-sector labor force. According to Peter Reed, Chair of the Randolph Economic Development Council, “This event is exactly the type of gathering the REDC likes to support, and we think it is a great opportunity to connect emerging businesses to the customers and resources we have here in Randolph.”“Nothing empowers a reluctant entrepreneur more than hearing the stories of others who are succeeding despite setbacks, and learning from their experiences that you can do it, too. That’s the goal of this event,” said Julie Iffland, Randolph Area Community Development Corporation’s Executive Director.  “We hope that anyone thinking about starting or expanding their own business will attend.”

A local and a statewide network of capital providers are both championing the event.
The White River Investment Club’s vision is to build a better future through local investing. WRIC President Jerry Ward notes, "We have many innovative entrepreneurs right here in central Vermont and the Upper Valley. WRIC is pleased to participate in this opportunity to showcase local success stories and the obstacles they faced.” “This event is a great example of the collaborative spirit among capital providers in Vermont’s entrepreneurial ecosystem,” says Janice Shade, chair of Slow Money Vermont. Slow Money Vermont informs, inspires and connects businesses, investors, and others interested in building a sustainable local and regional working lands economy.

The event partners aim to catalyze learning and build connections among entrepreneurs, investors, and service providers, particularly in the Randolph area and the Upper Valley. Space is limited, so advance registration is recommended.  More information and ticket registration can be found at racdc.com/biz-stories

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Slow Money Vermont informs, inspires and connects individuals, businesses, philanthropists, and investors interested in building a sustainable local and regional food system. Its activities catalyze new investment opportunities in the people, businesses and communities that contribute to a sustainable food economy. Slow Money Vermont is a project of the Farm to Plate Network to help reach Vermont’s Farm to Plate food system plan goals to increase investments and financial partnerships in farm and food enterprises. Learn more at: www.facebook.com/slowmoneyvermont. 

Randolph Area Community Development Corporation is a nonprofit organization serving the Randolph area with technical assistance and referrals on most aspects of local business development, including site selection and special opportunities, such as Designated Downtown Program tax credits.  RACDC also manages a small business loan fund. Learn more at: www.racdc.com

The Randolph Economic Development Council seeks to enhance economic opportunities for businesses and organizations within the town of Randolph and provides an array of affordable housing opportunities. We are also an advisory board to the Selectboard on the most effective methods to implement the goals, policies, and recommendations of the Town Plan related to economic development. Learn more at: randolphvt.org

White River Investment Club’s vision is to build a better future through investing locally. Its mission is to enable its members to make local investments that help themselves and their communities. Connect at: www.facebook.com/whiteriverinvestmentclub

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