Local Businesses Receive Free Support Through BRE Program
February 13, 2024
Fostering an environment for businesses to grow is at the heart of Twin Cities Development (TCD), which focuses on supporting economic development in Western Nebraska. To help existing business owners share their concerns and get connected to resources, TCD is encouraging businesses to participate in a Business Retention and Expansion program.
The BRE program helps economic development leaders keep a pulse on what local businesses need. By filling out a quick survey, business owners can share the challenges they face in day-to-day operations, as well as what they need to feel supported as they grow and expand. Businesses that participate will be connected with resources to support sustainable growth and find relevant opportunities for expansion. The entire program is completely free and built around the needs of local business owners.
Why Participate in the BRE Program
After receiving the completed surveys, TCD staff will visit participating local businesses. These BRE visits allow economic development professionals to build strong relationships with existing businesses in the community, forming a foundation for open communication. Through these visits, TCD staff can gain insights into the specific needs, challenges, and concerns of local businesses. This information helps TCD create better support programs that address the unique circumstances of each business.
By identifying and addressing issues that might affect a business's growth, economic development professionals can create plans to promote the retention of local jobs. Helping businesses thrive ensures that there are abundant employment opportunities for the community.
BRE visits also allow economic development professionals to identify growth opportunities and learn about expansion plans so they can provide support to facilitate growth.
Creating a healthy business environment helps prevent business closures and layoffs, which can hurt the local economy and lead to a feeling of instability among residents. BRE visits increase a business’ chance of longevity by giving local policymakers the information they need to create a better business environment. They even use this information to develop and refine local policies.
Long-Term Community Impact
BRE visits increase the chances of success for local business owners, keep jobs in the community, and create new work through expansion. In addition, these visits can instill confidence in potential investors.
Often, investors look for opportunities that are backed by the local government’s dedication to business success. Seeing this level of commitment through BRE visits could attract additional investments for local businesses, especially for external investors looking for stable and supportive business environments.
Participating local businesses will receive free support ranging from assistance in creating a business plan, done-for-you market research, and loan or grant opportunities. TCDs’ economic development professionals are incredibly dedicated to the longevity and success of local businesses in Western Nebraska. Your participation in the Business Retention and Expansion program will not only assist your business but also provide valuable insights to further grow the local economy. Click here to participate in the BRE survey and boost your business.
Please contact us today for a consultation. We look forward to working with you!
