The Town of Middleborough, located in the southeastern part of Massachusetts, has a New Year’s Resolution: bring more business to Middleborough!
And, to that end, has launched a public-private partnership designed to support existing or start-up businesses in the town, as well as offering significant incentives to individuals thinking of relocating their businesses to Middleborough.
The Middleborough Business Resource Center, which is a division of the Middleborough Office of Economic and Community Development, is partnering with private businesses, who will provide advisory services through the MBRC to businesses which are already here in town or which may be thinking of opening or relocating to Middleborough.
To incentivize and support businesses, the MBRC is developing and expanding a list of professional business advisors and service providers across a wide range of industries, who will each support every qualifying business by providing up to three hours of expertise at no cost to the business owner – and with no commitment required beyond that three hour period required.
This public-private partnership, which carries a value to each business owner of more than $1,000, is seen by community and business leaders as an innovative approach to boosting the community’s business base. Itamar Chalif, a Middleborough resident and member of the Town’s Downtown Improvement Committee who partnered in establishing the Center, explains it this way.
He added, “As we discussed ways in which we could encourage business owners to start a business here (or relocate one), we believe that having professional advisors to guide these owners through the first steps is a very valuable tool. We have been very impressed with the quality of advisors who have stepped up to be part of this program – and we’re looking to add more quality people to the list.”
The MBRC will pair successful applicants to the program with advisors who will offer these business owners up to three hours of professional advice at no cost. As an example, a business in need of tax advice would be paired with a CPA who would guide the business owner in setting up the business structure. Other areas include (1) advertising and public relations; (2) marketing; (3) web development; (4) coaching, IT, human resources and more.
In addition to this specific program which pairs businesses with advisors, the Middleborough Business Resource Center offers access to and information about national, state, regional and local business programs, all put in place to improve local economies by helping small businesses locate grants, special financing programs, training and business support. Since many businesses are not aware of these programs, the MBRC can serve as a one-stop-shop for business owners to learn about the different options valuable to them.
Any business meeting the criteria – that is, operating in Middleborough or planning to establish a business in town, and is interested in the program is urged to visit www.mbresourcecenter.org to learn more details.
“We see this as an extremely strong incentive to support Middleborough businesses,” said Janis Akerstrom, Director of the Office of Economic and Community Development, who added, “A business owner could avail herself/himself of the services of several advisors and get a real head start in getting a business on the right track, particularly during these challenging times of COVID-19.”