Add Row

Add Element

update

In Financial News

update

Add Element

Home
Categories

July 17.2025

2 Minutes Read

Northeastern’s Roux Institute Launches Program to Support Yarmouth Small Businesses

Support for Yarmouth small businesses, modern riverside architecture.

Empowering Local Business: A New Initiative in Yarmouth

In a groundbreaking partnership, Northeastern University’s Roux Institute is gearing up to launch an innovative program that aims to bolster small businesses in Yarmouth, Maine. Titled Venture-Forward Yarmouth, this eight-week initiative is set to commence this fall, running from September 4 to October 23. This collaboration marks the Roux Institute's first engagement with a Maine municipality, a promising step towards enhancing the local economy.

Revamping Local Economies Through Technology

The aim of Venture-Forward Yarmouth is clear: to assist local business owners in modernizing their operations and achieving long-term sustainability. Participants will benefit from weekly in-person workshops held at the Yarmouth Town Hall, where they will strategize with Roux Institute staff on scaling their operations and exploring new market opportunities. Tori Hill, Yarmouth’s director of community and economic development, emphasized the importance of evolving local businesses to keep pace with today’s challenges.

Harnessing Innovation and Risk-Taking

Chris Torina, the Roux Institute Director of Entrepreneurship, highlighted Yarmouth’s willingness to embrace innovation. He mentioned that local residents and government have a unique approach to economic opportunities, often taking calculated risks to serve their community better. This initiative is poised to support businesses in utilizing digital tools such as online ordering, inventory management, and digital marketing, which are essential in the modern marketplace.

A Broader Vision for Technology Integration

Following the conclusion of Venture-Forward Yarmouth, the Roux Institute plans to extend its support to Yarmouth town staff, enhancing their operational strategies with technology. This parallel program is currently being piloted in Arlington County, Virginia. Such initiatives demonstrate a comprehensive approach to not only uplift small businesses but also empower local governments in optimizing their services.

Why This Matters for Small Businesses

Programs like Venture-Forward Yarmouth are vital during these times when small businesses face numerous challenges. By receiving guidance from a reputable institution like the Roux Institute, business owners in Yarmouth gain access to critical resources that can significantly alter their operational trajectory. The endeavor encapsulates the spirit of community resilience and innovation, making it a landmark opportunity for growth.

Small Business

0 Views

0 Comments

Write A Comment

Related Posts All Posts

07.19.2025

Brothers in Ferndale Create Fake Companies to Extort Local Businesses

Update Brothers Accused of Identity Theft in Ferndale's Business Community In a troubling case that sheds light on the darker side of small business operations, the Michigan Attorney General has filed a lawsuit against brothers Eric and Daniel Vander Ley, accused of creating fake companies with the intent to harass and extort local business owners in Ferndale. The lawsuit, announced on July 9, claims that the pair formed 17 fraudulent LLCs using the exact names of well-known establishments, thus engaging in identity theft against their fellow entrepreneurs. The Scheme Unveiled The brothers allegedly capitalized on companies that were not in good standing or had fallen out of proper registration. They would then send threatening cease-and-desist letters, falsely accusing the original business owners of copyright violations, and demand payments to retract their claims. Such was the case with Jon Hughes, owner of the Downtown Ferndale Bike Shop. After Hughes attempted to give Vander Ley a 1099 form for his summer employment, he was met with a campaign of intimidation. Vander Ley had purchased the name of the bike shop after it had fallen from good standing and sent Hughes a demand for $2,500, purportedly to avoid litigation. Local businesses such as Como’s Restaurant and Urbanrest Brewing Company faced similar extortions, leading to distress among business owners and their customers. Impact on the Community This distressing incident serves as a reminder of the vulnerabilities small businesses face. The harassment tactics employed by the Vander Ley brothers not only jeopardized the livelihoods of specific businesses but also threatened the overall spirit of cooperation and support within the Ferndale community. As a community built on resilience, it becomes essential to protect these local heroes against such predatory actions. The lawsuit is pushing for the dissolution of all 17 fraudulent companies. While the Attorney General's office currently hasn’t pressed criminal charges, the situation highlights a significant concern for local businesses and their ongoing fight against fraud and malignancy in practices that threaten their existence. What Can You Do as a Business Owner? This case raises vital awareness for all small business owners. Vigilance is crucial in maintaining business integrity. Ensure that your business registrations are up to date, monitor any communications closely, and report suspicious activities swiftly. A community effort against fraud can foster a safer, more cooperative local economy. Though this situation looks grim, collective action and community awareness can stem these types of threats and ensure fairness for all. Let's stand together to safeguard our local enterprises!

07.16.2025

Minnesota's Bold $33 Million Funding: A New Dawn for Small Businesses

Update New Lifeline for Small Businesses in Minnesota In a significant boost for entrepreneurship, Minnesota is rolling out $33 million in state funding aimed at supporting small businesses across the state. This initiative is part of the State Small Business Credit Initiative, totaling $97 million over three funding rounds, designed to help stimulate economic growth following the challenges posed by the pandemic. Background and Context The funding was announced during a recent roundtable hosted by the Minnesota Department of Employment and Economic Development (DEED). This funding round is particularly crucial as many small businesses continue to grapple with recovery from pandemic-related disruptions. With job creation and economic revitalization at the forefront, these funds are expected to empower local enterprises and foster innovation. Why This Funding Matters Small businesses are often the backbone of local economies. They create jobs, drive competition, and contribute to community well-being. The infusion of $33 million represents an opportunity for many to invest in their businesses, whether through hiring new employees, upgrading equipment, or expanding their services. The state’s investment is a message of faith in the entrepreneurial spirit of Minnesotans. Future Implications and Opportunities As Minnesota aims for a robust recovery, the allocation of these funds signals a proactive approach to supporting small businesses. Looking forward, the impact can be profound - by helping entrepreneurs thrive, the state not only bolsters its economy but also enhances community resilience. Encouraging local entrepreneurship can lead to greater innovation and a more dynamic marketplace. Conclusion With this $33 million in funding, there’s a renewed sense of hope for small businesses in Minnesota. As applications open, entrepreneurs are encouraged to explore how they can leverage this support to grow and succeed. Together, the community can begin to chart a path toward a prosperous economic future.

07.15.2025

Meet Lyla Grandstaff: Your New Business Coach in Buckhannon

Update Introducing Lyla Grandstaff: A New Era for Buckhannon's Entrepreneurs The West Virginia Small Business Development Center (WV SBDC) has appointed Lyla Grandstaff as the new business coach for the Buckhannon area. Covering a broad region that includes Barbour, Braxton, Gilmer, Lewis, Randolph, Upshur, and Webster counties, Grandstaff brings a wealth of experience in sales, marketing, and higher education to the role. Her proficiency and determination are set to revitalize the entrepreneurial landscape in these communities. Background and Credentials: A Resource for Local Businesses Grandstaff is not just any consultant; she is a certified business etiquette advisor with degrees from Fairmont State University and West Virginia University—demonstrating a solid foundation in both business and organizational communication. Her impressive resume also includes running an Etiquette Consulting business, which highlights her ability to enhance professional presence and confidence for countless individuals. A Commitment to Community: What This Means for Local Entrepreneurs The WV SBDC aims to uplift small enterprises at all stages of growth, and Grandstaff's addition is a testament to this mission. As its Director Will Miller expressed, her extensive expertise will be invaluable for the entrepreneurial community in West Virginia. Moreover, Grandstaff's involvement with organizations like the Clark Opportunity Foundation shows her commitment to nurturing aspiring professionals and students. This holistic approach ensures that the support offered extends beyond businesses to include personal development for individuals in the Buckhannon area. Future Expectations: Strengthening Local Economic Development The appointment of Lyla Grandstaff heralds a promising development for entrepreneurs in West Virginia. With her strategic vision and dedication, we can anticipate a bustling environment where small businesses can thrive. As the WV SBDC continues to connect businesses with crucial resources and professional coaching, Grandstaff’s leadership will guide budding business owners toward success. For those in Buckhannon and its neighboring counties, opportunities for growth are vast under Grandstaff's guidance. Engaging with her could be the first step toward entrepreneurial success, ensuring that local businesses are well-equipped to meet today’s challenges. Call to Action: Get Involved with Your Local Business Community If you’re a small business owner or aspiring entrepreneur looking for guidance, don't hesitate to reach out to the WV SBDC. Lyla Grandstaff and her team are ready to help you take your business to the next level. Connect with them today and unlock the potential for growth and innovation in your enterprise!

Northeastern’s Roux Institute Launches Program to Support Yarmouth Small Businesses

Empowering Local Business: A New Initiative in Yarmouth

Revamping Local Economies Through Technology

Harnessing Innovation and Risk-Taking

A Broader Vision for Technology Integration

Why This Matters for Small Businesses

Terms of Service

Privacy Policy

Core Modal Title