In Business: “LaunchPad” Helping Start-Up Companies Succeed

In Business: “LaunchPad” Helping Start-Up Companies Succeed


POSSIBLY IN CONTENTION FOR NC ARCA DEPENDING ON HOW THINGS GO — FOR NCAA DEPENDING ON HOW THINGS GO.>>ALL RIGHT, THANKS AJ.>>>LAUNCHPAD IS AN ENTREPRENEURIAL CO-WORKING SPACE WITH RESOURCES AIMED TO HELP ENTREPRENEURS AND BUSINESSES SUCCEED. FOR THIS WEEK’S IN BUSINESS, MALAAK KHATTAB TELLS US ABOUT THE LAUNCHPAD AND WHAT THEY OFFER TO ASSIST START-UP COMPANIES.>>LAUNCHPAD OFFERS START-UP COMPANIES, ENTREPRENEURS AND FREELANCERS A PROFESSIONAL WORK ENVIRONMENT WITH A NUMBER OF OPPORTUNITIES TO BE SUCCESSFUL. IT IS LOCATED IN THE MAY FLOWER BUILDING IN DOWNTOWN BEMIDJI.>>REALLY CAME ABOUT WHEN WE — GREATER BEMIDJI PURCHASED THIS BUILDING AND RENOVATED IT TO BE THE HUB FOR ECONOMIC DEVELOPMENT FOR THE REGION. AND LOOKING AROUND, THE SPACE, WE REALIZED THERE WAS SOME SPACE THAT WASN’T GOING TO BE FULLY UTILIZED AND THIS OPPORTUNITY OF TRYING A COWORKING SPACE AND ADDING SOME SUPPORT FEATURES FOR ENTREPRENEURS MADE A LOT OF SENSE.>>IT OPENED ITS DOORS A FEW YEARS AGO TO SUPPORT ENTREPRENEURS IN THE BEMIDJI REGION AND CREATE A STRONG START UP CULTURE.>>THE LAUNCHPAD IS A ONE STOP SHOP FOR PEOPLE LOOKING TO GET INTO BUSINESS OR ARE IN BUSINESS LOOKING FOR RESOURCES. WE HAVE A A VARIETY OF DIFFERENT RESOURCES ON SITE AND HAVE CONNECTIONS WITH THE COMMUNITY TO GET THEM THE ASSISTANCE THEY NEED TO MAKE THEIR BUSINESS SUCCESSFUL.>>SOME OF THE RESOURCES OFFERED AT LAUNCHPAD INCLUDE MENTORS TO HELP AND GIVE GUIDANCE THROUGHOUT THE BUSINESS START UP PROCESS, BUSINESS CONSULTANTS, FINANCIAL SOURCES AND NETWORKING OPPORTUNITIES. THE DIRECTOR OF BUSINESS DEVELOPMENT AT LAUNCHPAD SAYS NETWORKING IS ONE OF THE MOST IMPORTANT THINGS FOR SOMEONE GETTING INTO BUSINESS.>>NETWORKING WITH OTHERS IS AN UNDERSTANDING OF THE CHALLENGES AROUND BEING AN ENTREPRENEUR, SO WE HAVE OPPORTUNITIES EVERY WEEK THAT ENCOURAGES PEOPLE TO NETWORK WITH EACH OTHER AND PEER MENTORING AS WELL AS MENTORING WITH EXPERTS IN THE FIELD >>THE LAUNCHPAD HAS NUMEROUS WORK AND MEETING SPACE AIRWAYS — AREAS. THERE ARE FLEXIBLE WORK SPACES WHERE PEOPLE CAN COME IN AND LEAVE BUT THERE ARE ALSO CAMPSITES WHERE PEOPLE CAN CUSTOMIZE THEIR WORK SPACE BY BRINGING IN THEIR OWN MATERIAL AND FURNITURE.>>IT GIVES YOU ACCESS OF A SPACE OF REDUCED RATE WHERE YOU WOULD GET A SPACE IN DOWNTOWN OR BUILD YOUR OWN BUILDING, SOMETIMES THE EARLY STAGES THAT CAN BE DIFFICULT AND CAN CAUSE A BUSINESS TO FAIL, TOO MUCH OVERHEAD. HERE’S AN OPPORTUNITY TO REDUCE THAT UP FRONT TO GET YOURSELF ESTABLISHED BEFORE YOU GO ON YOUR OWN.>>IT OFFERS ENTREPRENEURIAL MEET UPS EVERY WEEK FOR PEOPLE

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