Starting a Business in Hoopeston
Going into business for yourself can be exciting and rewarding but also requires a great deal of planning and hard work. Planning is especially important in setting up the framework of a business and is necessary for the successful start and continuation of a small business.
Hoopeston has many different opportunities to help businesses get started in our community. Please check out the incentive programs that we offer as well as the USDA and State Incentive opportunities.
For additional resources, feel free to contact the Office of Economic Development at 217-283-7679 and check out the resources below:
An Entrepreneurs Guide to Developing a Business Plan will assist you in getting started with your small business idea.
The City of Hoopeston and the Chamber and Economic Development Office are working together to facilitate business development in the City of Hoopeston. If you are an aspiring or seasoned entrepreneur and would like to discuss the possibility of starting a business in Hoopeston, need some guidance, or business reources please contact Dana Goodrum, Economic Director, at 217-283-7873.
The City of Hoopeston partners with Vermilion Advantage, the County Economic Development Organization, to improve the area economy through new business growth. Vermilion Advantage provides a variety of assistance to new and existing businesses.
Several State and Regional organizations provide business resources to the City of Hoopeston to promote business development in the City. The Illinois Department of Commerce and Economic Opportunity has created a web site to assist aspiring entrepreneurs. The Danville Small Business Development Center also provides valuable resources, including guidance in creating a business plan and is a great place to begin your quest of starting a new business. The Illinois Entrepreneurship Center provides guidance to aspiring entrepreneurs. The Central Illinois Procurement Technical Assistance Center is available to assist small businesses throughout Illinois with the process of securing government contracts.
The City of Hoopeston has received assistance from the Illinois Institute for Rural Affairs through the two Rural Community Development Assistance Grants and through the MAPPING the Future of Your Community program. The Illinois Institute for Rural Affairs provides Rural Research reports on issues facing rural Illinois communities, community data, and technical assistance to the City of Hoopeston and is a great resource to the existing and future businesses.
For additional BUSINESS PLANNING resources visit these sites:
Starting a Business Road Map: This site provides information on the process of researching a business possibility. It provides guidance in identifying possible suppliers and possible competition.
Business Tool Kit
Growing Local Economies
Small Business Plan Guide
For MARKETING resources visit these sites:
Duct Tape Marketing
Know This (Marketing)
E-Venturing (high growth, online marketing)
Will it Fly?
For RETAIL resources visit this site:
Retail Revival (Challenges of the Future)