Ironwood Business Resources

COVID-19 Update for Ironwood Businesses

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Dear Ironwood Business Owner,

Coronavirus has rapidly changed the landscape of our country and our community. Not just in the way we go about our daily lives, but in the way we do business. Every business is feeling the effect of the virus on the economy, but our restaurants, bars, entertainment venues, other service businesses are taking the first major blow. We understand that everyone has a lot of questions about the future and how we can mitigate these challenges. New information is coming out multiple times a day as the federal and state government introduce new economic relief packages. Our role is to keep you informed of what programs are out there to help relieve the pain caused by this disaster. We will work towards sending out regular emails as things are delivered to us. Here are a few things to consider right now to prepare your business for the weeks ahead.

  • The Small Business Administration has a disaster relief loan program for businesses. Right now we are waiting for the Governor to sign the Disaster Relief Bill so Federal dollars can flow to states and then to local communities. This loan will go through the SBA offices rather than through banks. Businesses must have been in business for at least 1 year and you will be required to show last years profit and loss statements so start gathering that information. It sounds like the loans can be used for anything cash flow related. We will keep you informed as we get more information on this program. Here is some additional information.  https://www.sbam.org/Portals/0/Economic%20Disaster%20Interruption%20Loan%20Information_1.pdf
  • If you are a bar or restaurant, check out the MI license and Beverage Association website. https://mlba.org/
  • We have spoken with several Banks within the community. If you have a loan with a bank, contact them as soon as possible to discuss the terms of the loan. You may be able to get a lower interest rate or flexibility in your payments.
  • The City is meeting regularly with regional economic development organization to share ideas and information to better serve our local businesses.

This is a lot of information and we understand that you will have many questions. Please feel free to contact the Community Development Office via email or phone. We will do our best to answer your questions or put you in touch with someone that can. You are the heartbeat of our community and we will do our best to help you through the challenges that lie ahead.

Best Regards,

Thomas Bergman

Community Development Director

City of Ironwood

213 S. Marquette Street

Ironwood, MI 49938

906-932-5050 ext. 126

www.cityofironwood.org

(906) 932-5050 | http://cityofironwood.org/

213 S. Marquette St. | Ironwood, MI 49938

 


  

State of the Upper Michigan Economy Presentation

as presented by Ron Wirtz - Director, Regional Outreach for the Federal Reserve Bank of Minneapolis on February 8, 2017.

  


  

Regional Prosperity Initiative Presentation

as presented at Gogebic Community College on October 19, 2016

  


 

Demographic and Labor Market Trend in the Western Upper Peninsula Presentation

State of Michigan
Department of Technology, Management, and Budget
Bureau of Labor Market Information and Strategic Initiatives
Eric Guthrie, State Demographer
Leonidas Murembya, Regional Research Coordinator

  


SBDC Merchant Payment Processing Presentation

Laura Marohnic gave a presentation at our small business box lunch.  She identifies the pros and cons of merchant payment processing and describes how to offset the costs.   

 


 

MI-SBTDC 398719 7

Michigan Small Business and Technology Development Center (SBTDC)

SBTDC provides a broad range of support services to local companies through local business counselors housed at KEDA and Michigan Tech, regional business counselors based in the Escanaba SBTDC office, and technology company specialists located throughout the state.

 


wuppdr

Western Upper Peninsula Planning & Development Region (WUPPDR)

WUPPDR provides a wide range of services including technical assistance to local units of government, grant writing and administration. Fostering stable and diversified economies in the Western Upper Peninsula, WUPPDR also serves as the regional clearinghouse for federal and state funded programs. Through this role, WUPPDR enhances intergovernmental coordination and encourages opportunities for public comment on projects of regional significance.

 


 

City of Ironwood Community Development

For business assistance and economic development opportunities visit the City of Ironwood community development. Business assistance, programs & funding.

 


 

Gogebic Ontonagon Community Action Agency (GOCAA)

Community Services - “Helping People, Changing Lives”. Prgrams: Outreach, Advocacy, Tax Credit Assistance, Emergency Needs, Information Referral, Housing, Weatherizations, Senior Programs (Meals, Home Makers & Repairs), Food Programs (Meals on Wheels), Head Start/Early Headstart, & Community Development Department, Emergency Assistance: Food, Utilities Shut Off & Rent.

 


 

northerninitativesNorthern Initiatives

Northern Initiatives, a Community Development Financial Institution, delivers loans and business services to small business owners and entrepreneurs who create jobs and enable the people and communities of Northern Michigan to thrive.

 


 

WesternMWLogoMichigan Works! Western Upper Peninsula

Michigan Works! Western Upper Peninsual believes that a sound economic base is essential to maain the quality of life in the six county region it serves. Michigan Works! Fosters economic development and encourages and supports employers and full employment for our residents.