Friday, July 31, 2009

Research

Sources to find competitive intelligence, market data, demographics, labor information, etc:

  • City of Denver's records and documents
  • City of Denver's licenses and permits
  • City of Denver's Business Summary
  • Colorado Secretary of State business licenses
  • Colorado Automated Licensure Information System Online (ALISON)
  • Denver Public Library list of databases, including ReferenceUSA (library card required)
  • MDEDC's cost of living index (click on "Cost of Living Index" along right margin)
  • Hoovers
  • Yahoo Finance
  • NAICS: The North American Industry Classification System is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
  • Newseum: The Newseum displays these daily newspaper front pages in their original, unedited form. Some front pages may contain material that is objectionable to some visitors. Viewer discretion is advised.
  • ZipSkinny: US Census data by zip code
LABOR DATA & INFORMATION
  • Colorado Labor Market Information (LMI)
  • State of Colorado Employment laws
  • Bureau of Labor Statistics
  • O-Net (job descriptions, salary information, etc.)
  • DBTAC Rocky Mountain ADA Center provides information on the Americans with Disabilities Act (ADA) to Colorado, Utah, Montana, Wyoming, North Dakota and South Dakota. Disability Navigators are also available at Colorado Workforce Centers for employer questions, incentive information, and technical assistance.

  • Manpower Research Center "Economists, journalists, university researchers and think tanks are among the thousands of thought leaders who closely follow Manpower research products, utilizing our data to help them assess and forecast the health and direction of the world’s labor markets."

  • HR Village: Human Resources Toolkit, Download Business Forms, Human Resources Software, Job Descriptions, HR Legal Guides, Employee Handbook Ideas, HR Faqs, Read Articles, HR Resources, Build Your Knowledge, Education

  • Mentoring Tips & Tools

  • my other blog about Colorado Energy Careers

Maps

  • City of Denver precompiled maps
  • City of Denver Business Summary map
  • Metro Denver Economic Development Corporation maps
  • Google maps, directions, and street views

Thursday, July 30, 2009

Employee Housing

  • Denver's Office of Economic Development works with many partners to provide a variety of housing options and programs, including workforce and affordable housing.
  • Metro Denver Economic Development Corporation housing information and cost of living index (click on "Cost of Living Index" along right margin)

Find sites for your business



  • Siting assistance provided by Denver Office of Economic Development


  • City of Denver owned properties for sale


  • Metro Denver Economic Development Corporation GIS


  • State of Colorado Prospects.com


  • Denver Business Journal's commercial real estate search site


  • Xceligent nationwide provider of property and listing information for the commercial real estate industry


  • Development Alliance's portal


  • officespace.com free listing service that allows for public access


  • Creative Spaces (free Web portal designed to advertise space to creative businesses, artists and arts organizations to search for and promote available performance, rehearsal, studio, business and housing space that meet their unique needs)


  • OED Business map (input a Denver address to determine whether it is eligible for tax credits or small business loans "RLF/NBR")

Workforce Incentives & Tax Credits

Wage Subsidy
Denver employers that offer a formal training program for entry-level employees can apply to receive 50-100% wage subsidies for up to six months. Potential trainees are pre-screened based on employer's requirements. The Youth Employment Program (ages 14-21) may also have subsidies available.

Workforce Recruitment
In addition to free access to Colorado's state-wide job bank (ConnectingColorado) workforce recruitment and/or candidate pre-screening is available at many centers across the state. Of the approximately 300,000 registered jobseekers in the workforce system pool, about 20% are currently employed, and at any given time, approximately 25% of the particpants in the Adult Dislocated Worker WIA Programs have at least a Bachelors Degree, and another 25% have some college or an Associate Degree. For more information about the diverse demographics, please contact lynn.sargent@denvergov.org or contact a business representative at a center near you.

CRC/WorkKeys Assessments
The CRC is an effective tool for pre-screening recruits, gauging skill-building needs of current employees, or as part of an internal promotion process. CRC certifies the skills of employees and recruits in three categories: applied math, locating information, and reading for information (an Applied Technology module is also be available to certify knowledge levels in Electricity, Fluid Dynamics, and Mechanics). These assessments are harder than most people assume. Related tutorials for all modules are also available. Assessments are administered by many Colorado Workforce Centers, including Denver's. Denver employers must register. Contact Lynn Sargent for more details, or to schedule an appointment to try the assessment to discover how it meets your pre-screening needs.

Training
Training is a smart investment in human capital, can lead to greater efficiencies, and employees often view it as a benefit. Colorado businesses can save training costs by using free computer and other skills training at Denver workforce centers for their existing employees. Customized training is also available for training of new technologies, introduction of new production or service procedures, or any additional skills required to upgrade to a new job/classification (click here for more information on Customized Training).

Training Grants
The Colorado First and Existing Industry grants are jointly administered by the Colorado Office of Economic Development & International Trade (OED-IT) and the Colorado Community College System (CCCS). Maximum grant award of $800 per employee. CCD's Performance Solutions is one of the organizations that can assist businesses with writing their grant application.

Workforce Investment Act (W.I.A.)
Jobseekers enrolled in WIA may receive tuition assistance for attending WIA-approved training courses, and financial assistance for "supportive services", such as steel-toed boots and other PP&E if these items are required by the employer to secure employment. Refer to the beginning of my Schools post to learn how to access the database of WIA approved training providers.

WOTC Tax Credits
Tax credits for hiring Welfare Recipients, Veterans receiving food stamps, TANF recipients, jobseekers receiving vocational rehabilitation to learn new careers, and other populations.

Enterprise Zone Projects
Up to 25% state tax credit for monetary donations/in-kind contributions (excluding membership fees) to non-profits certified as an EZ Contribution Project.

Free Fidelity Bonding
Helps alleviate employers concerns that at-risk job applicants would be untrustworthy workers by allowing them to secure fidelity bonds to indemnify them for loss of money or property sustained through the dishonest acts of their employees.

Technical Assistance

Chambers of Commerce & Related Associations

For networking, procurement opportunities, resource referrals, etc.

Green & Clean Tech Business Lists

  • Connected Organizations for a Responsible Economy (CORE)
  • Colorado Cleantech Industry Association (CCIA)
  • Greener Denver Vendor list
  • Environmental Defense Fund (EDF)
  • Colorado Energy Directory
  • Energy Star Partner list
  • State of Colorado Environmental Leadership Program members list
  • State of Colorado vendors (all vendors; green list may be available 1/1/10)
  • ReDirect Guide
  • Denver EcoMetro Directory
  • Visit Denver's Green Vendor Directory
  • DNC Vendor Directory
  • City of Denver's Recycling Directory
  • City of Boulder's Construction & Deconstruction Waste, Reuse & Recyling Guide
  • City of Boulder's PACE certified business list
  • Locally Owned Colorado Businesses list
  • U.S. Green Building Council Member directory
  • Green Spaces' Denver's Green Route
  • my Delicious list of green businesses in Colorado

Incubators, Tech Transfer, VC Sources...

Business Plans

Why write a business plan? It helps to organize your thoughts on paper and forces you to think about strategies you may not have considered. For example, what is your target market? Where are your customers located? How do you intend to market to customers and how much will that marketing cost?

Business plans also require you to formulate financial statements so you'll have a better idea of how much it will cost to start and maintain your business. Remember that a business plan is a living document and should be updated as your business grows. In addition, most (if not all) lenders will require you to have one in order to receive a business loan.

Several organizations in Colorado assist entrepreneurs with writing business plans:

  • Denver Metro Small Business Development Center (SBDC)
  • Rocky Mountin MicroFinance Institute (RMMFI) (they also do small business lending)

Sample plans to peruse:

  • Denver Public Library database access (with library card) to the "Business Plans Handbook" (collection of actual business plans compiled by entrepreneurs seeking funding for small businesses--scroll down the list on this website and click on the title) Note: DPL also assists with research required for your plan.
  • Free sample business plans from BPlans.com
  • Business plan requirements for gap loans from City

Bids & Procurement Opportunities

Following is a list of links to various municipal websites containing bidding and RFP information. Please visit the sites often to look for new opportunities and/or register on their email subscription service, if available.

If you need assistance and would like your proposal reviewed prior to submission, contact the Colorado Procurement Technical Assistance Center.

http://www.work4denver.com/

Denver Purchasing Department

Denver Parks & Recreation

Denver Public Works Department

Denver International Airport

Denver Museum of Nature & Science

Denver Environmental Health Deparment

Denver Water

Better Denver Bond Projects

State of Colorado Governor's Energy Office - Solitications

State of Colorado Purchasing Office

State of Colorado Department of Transportation "Procurement Road Map"
City of Englewood

Aurora Housing Authority

Denver Urban Renewal Authority

Denver Public Schools

Denver Public Schools - Facility Management & Use

Rocky Mountain E-Purchasing

RTD

Export trade leads

National RFPs for renewable power

National Renewable Energy Laboratory (NREL)

Xcel Energy (there is also an Xcel Energy Rep on SADBOC)

Denver Housing Authority (DHA Monthly Contractor/Vendor Meeting--designed for you to learn about the process of doing business with DHA--last Friday of Every Month, 9:00 am - 11:00 am, 777 Grant St. You must call Melanie Williams at 720.932.3068 to reserve your spot. Walk ins will not be accepted. )

Innovators Guide

Department of Homeland Security

Transportation Security Administration - Small and Disadvantaged Business Office

University of Colorado Procurement Service Center - a great resource for procurement and payables functions for the University's campuses (Boulder, Colorado Springs, and Denver).

Green Grants

Disadvantaged Business Enterprises (DBE), Women Business Enterprises (WBE), Minority Business Enterprises

Construction Empowerment Initiative (CEI)
Offers certification for construction-related Small Business Enterprises (SBE), Disadvantaged Business Enterprises (DBE), Women Business Enterprises (WBE), Minority Business Enterprises (MBE), Airport Concessionaire Disadvantaged Business Enterprises (ACDBE), and Small Business Enterprise Concessions (SBEC). Certification helps these businesses compete for city funded projects (it doesn't guarantee a bid award, only reduces competition). Free CEI training is available every Friday 9-11am, though you must RSVP. A non-refundable application fee and annual renewable fees apply. This program may be expanded in the future for non-construction products and services (outside of the DIA concessionaire program).

Hub Zone
The HUBZone Program stimulates economic development and creates jobs in urban and rural communities by providing Federal contracting preferences to small businesses. These preferences go to small businesses that obtain HUBZone (Historically Underutilized Business Zone) certification.

State of Colorado Minority & Women Business Resources

see also the Chambers post

Loans

Denver's Strategic Investments Lending Programs: RLF & NBR

- Revolving Loan Fund (RLF)
Must be in Denver's RLF zone; this gap financing program works by lending up to 25% of project costs, thereby inducing banks to provide the bulk of the financing for small businesses. $25k-$350k, below market rates (contact Denver OED Strategic Investment staff for rate information 720.913.1999).

- Neighborhood Business Revitalization (NBR)
Must be in one of seven Denver targeted commercial districts; provides gap financing up to 50% of project costs to an unlimited amount (over $500k requires City Council approval).

Find out if your business is located in the Denver-specific RFL or NBR zones, by entering the address at Denver Office of Economic Development's Business Summary GIS.


OTHER LENDING SOURCES:

Seedco Financial
Small businesses, nonprofits and developers; loans up to and exceeding $1.5 million
Small business, nonprofits, individuals, and housing developers; $100k-$20m
Small business, startups, and childcare businesses; micro-loans of $1k-$250k

SBA 504 Mortgage Loan and SBA 7(a) Loan programs
Below market rate, long-term financing on commercial and industrial fixed assets. Can also be used to help small businesses adopt green practices / fund green improvements (click here for SBA's "Going Green" brochure.)

SBA America’s Recovery Capital (ARC) loans: 100-Percent Guarantee ARC Loan Program to Help Struggling Businesses

Rocky Mountain MicroFinance Institute
Business development services and flexible microloans in an effort to support an entrepreneur in creating economic self-sufficiency through business ownership

Colorado Alliance for Microenterprise Initiatives
Financing under $50k; call 303-592-4064

Manufacturing Revenue Bonds
Provides favorable tax-exempt Private Activity Bond financing targeted to small manufacturers in Colorado. The program provides for the financing of real estate, machinery, and equipment associated with expansion projects specific to manufacturers. Borrowers must meet all eligibility thresholds and federal tax code requirements, and often must compete for available volume, which is capped statewide under federal rules.

Peer-to-Peer Lending
Various networks exist to help borrowers find lenders, such as those mentioned in this NPR article.

Accion International
The mission of ACCION International is to give people the tools they need to work their way out of poverty. By providing microloans, business training and other financial services to poor men and women who start their own businesses, ACCION's partner lending organizations help people work their own way up the economic ladder, with dignity and pride.

Guaranty Bank & Trust
SBA Preferred Lender; loans for working capital, equipment, debt consolidation and real estate loans of $100k-$1m, term of 7-25 years; contact Jim Ocken or Suzanne Bastin at 303.296.9600

Baxter Fain-Debt & Equity Finance
Loans for individuals or companies that own or wish to purchase commercial and residential real estate. Acquisition financing, refinancing existing debt, owner-occupied financing, and multi-family financing; amounts of $3m and up, term of 3-20 years.

Wells Fargo
SBA Preferred Lender. Refer to website for more information.


Other sources of access to capital include stimulus funding, grants, and venture capital.

Reduce Expenses

EnergyStar
Free online training to help you improve the energy performance of your organization. No travel, no lost time out of the office, and no cost — EPA makes it easy to get the information you need today. Join your colleagues to better understand how EPA can help you lower operating costs, improve your energy management program, and expand your professional development. Industry specific information available for: Government, Healthcare, Higher Education, Hospitality/ Entertainment, Industrial, K-12, Real Estate/ Multifamily, Retail, Small Business, Congregations, Service & Products Providers, Utilities & Energy Efficiency Program Sponsors and Water/Wastewater Utilities

Foreign Trade Zones
Two zones in metro Denver--one near Stapleton and one near DIA--allow manufacturers using imported parts to expedite customs and reduce or eliminate some fees or tariffs. Businesses can also apply to create a zone of their own.

Job Creation Performance Incentive Fund & Enhanced Incentive
Provides a performance-based incentive payment to qualifying companies that have created net new jobs paying above average wages. The program is designed to support and encourage new business development, business expansions and relocations that have generated new jobs throughout the state.

Performance Contracting
State of Colorado's business contracting model which uses utility savings to pay for renewable energy and/or energy efficiency building upgrades/retrofits.

DsireUSA
Incentives for Renewables and Efficiency

Solar Energy Industries Association
Solar tax credit information

Alternative Fuels and Advanced Vehicles Data Center
Colorado incentives for using Alternative Fuel Vehicles. Includes the Petroleum Reduction Planning tool to help fleets, consumers, and business owners create a strategy to reduce conventional fuel use in fleet and personal vehicles. Your business could also help station decision making by adding your green fleet information for the Station Locator

Xcel Energy Business Rebates
Rebates for replacing or updating your cooling system, increasing efficiency in your compressed air system, choosing energy-efficiency measures that exceed standard options but aren’t covered under the standard energy conservation programs, energy audits of your facility, free consultation, computer modeling and verification of measures, for new buildings, additions and/or major renovations; purchase and installation of automated building controls that lower a facility’s coincident demand during peak (workday) hours or provide energy savings during off-peak periods, purchasing and installing energy-efficient lighting equipment in new construction facilities, motor efficiency, recommissioning...Small and medium sized businesses can also request an energy efficiency workshop.

Denver Water
Denver Water offers several rebates for qualifying commercial customers using select commercial, industrial and institutional equipment. Denver Water offers incentive contracts for both indoor and outdoor water-saving projects to help offset the cost of installing or upgrading equipment and landscape. Projects could encompass a variety of ideas, such as eliminating single-pass cooling, modifying a building’s cooling tower, planting low-water-use plants and replacing inefficient irrigation systems. Contact conservation@denverwater.org for details about this program. Denver Water also offers free water-use audits. Call 303-628-6009 to schedule an audit.

Tax Deductions for Commercial Buildings
A tax deduction of up to $1.80 per square foot is available to owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of a building that meets ASHRAE Standard 90.1-2001. Partial deductions of up to $.60 per square foot can be taken for measures affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems. These tax deductions are available for systems “placed in service” from January 1, 2006 through December 31, 2013.

Other tax credits (including ARRA and energy-related) from IRS information center

FREE Energy Audits from CSU Students for Manufacturers
CSU students can provide FREE energy audits for manufacturers. Led by Professor Mike Kostrzewa, the audit team consists of undergraduate mechanical engineering students, most with about a year or so of energy auditing experience. We spend one day at a plant to tour the facility and the production process, brainstorm for recommendations, and collect data to support those recommendations. We then prepare a report that includes the energy savings, cost savings, and implementation costs associated with all recommendations that have a payback of less than about three years. Over the nearly 24 years that this program has been at CSU, about 50% of our recommendations have been implemented by our 622 customers. To qualify, a plant needs to spend at least $100,000/yr in energy bills. We ask for copies of the last 12 months electric and gas bills in advance of the scheduled site visit so we can do a baseline analysis. More Information: Visit link or contact Mike Kostrzewa at michael@engr.colostate.edu.

Denver Business Advisors
A free public service created to assist emerging businesses as they navigate the challenges of small business ownership (legal matters, finance, accounting, management, sales, marketing). Requirements for application: Colorado-based company in business for at least 3 consecutive years, annual sales exceeding $1 million, primary shareholder acts as managing principal and DBA will make final determination of eligibility.

ARRA funds to be administered by the Governor's Energy Office (be sure to sign up for e-newsletter updates on funding opportunities). For other ARRA fund-tracking websites, please visit my Stimulus Funding post
.

See also: Worforce incentives post

Jobs creation calculator for ARRA funds

ACEEE Creates Job Calculator for Energy-Saving Stimulus Projects, July 14, 2009,
Source: Clean Edge News

$2 Million in ARRA Funded Grants Now Available...

...Through the New Energy Economic Development (NEED) Grant

The GEO is now accepting applications for the first round of American Recovery and Reinvestment Act funded New Energy Economic Development (NEED) Grants. These grants provide funding to advance energy efficiency and renewable energy for commercial and industrial projects, including residential applications, throughout the state of Colorado.

Applications are due on August 28th.

Information can be found in the partnership opportunities section on the GEO Web site under "N".

SBA's 100% Guarantee ARC Loan Program

SBA News Release
Release Date: May 18, 2009
Contact: David J. Hall (202) 205-6697
Release Number: 09-30
Internet Address: http://www.sba.gov/news

SBA Launches New 100-Percent Guarantee ARC Loan Program to Help Struggling Businesses

WASHINGTON – Small businesses suffering financial hardship as a result of the slow economy may be eligible to receive temporary relief to keep their doors open and get their cash flow back on track through to a new loan program announced today by SBA Administrator Karen G. Mills.

Beginning on June 15, SBA will start guaranteeing America’s Recovery Capital (ARC) loans. ARC loans are deferred-payment loans of up to $35,000 available to established, viable, for-profit small businesses that need short-term help to make their principal and interest payments on existing qualifying debt. ARC loans are interest-free to the borrower, 100 percent guaranteed by the SBA, and have no SBA fees associated with them.

“These ARC loans can provide the critical capital and support many small businesses need to make it through these tough economic times,” said Administrator Mills. “Together with other provisions of the Recovery Act, ARC loans will free up capital and put more money in the hands of small business owners when they need it the most. This will help viable small businesses continue to grow and thrive and create new jobs in communities across the country.”

As part of the Recovery Act, the ARC program was created as a no-interest, deferred payment loan to help small businesses that have a history of good performance, but as a result of the tough economy, are struggling to make debt payments.

ARC loans will be disbursed within a period of up to six months and will provide funds to be used for payments of principal and interest for existing, qualifying small business debt including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities. Repayment will not begin until 12 months after the final disbursement. Borrowers don’t have to pay interest on ARC loans. After the 12-month deferral period, borrowers will pay back the loan principal over a period of five years.

ARC loans will be made by commercial lenders, not SBA directly. For more information on ARC loans, visit www.sba.gov

You can receive all of the SBA’s News Releases via email. To subscribe, visit http://web.sba.gov/list and select “Press Office.