ACEDC
Business and Industry
The Adams Community Economic Development Corporation can help you start, relocate, or expand your business in Adams County.
Consultation
Whether you are starting a new business or looking to locate or expand in our community, ACEDC has experienced staff to answer questions; liaison with appropriate local, regional and state agencies; suggest financial and business resources; and bring ideas to help you succeed.
Business Plan Assistance
ACEDC partners with and financially supports the South Central Small Business Development Center to assist businesses one-on-one with plan development, diversification ideas, or succession planning. Joint meetings with both ACEDC and SBDC directors have proven effective by current new business owners.
Data
The most recent laborshed study is available here. ACEDC partners with Iowa Workforce Development to assist businesses with targeted labor research. Additional Data such as available buildings and lots can be located here. Requests for specific project data can be delivered to prospective clients in one to two business days.
Funding
ACEDC partners with several local and regional organizations to provide start-up or expansion funding from non-traditional lenders. All of these require owner equity, the percent of which varies among funders. ACEDC also works as a liaison with the Iowa Economic Development Authority for State funding.
Local and Regional Funding Programs
ACEDC Revolving Loan
ACEDC has Revolving Loan Funds that are available to new or existing qualifying small businesses located in Adams County.
ACEDC can also sponsor loan applications with their partners:
The Southern Iowa Development Group
The Southern Iowa Development Group – administered by the Southern Iowa Council of Governments – was established through grant funds from the U.S. Economic Development Administration to provide financing for industrial activities, start-up businesses and business expansions. The goal is to assist in the creation of permanent private sector jobs.
Southwest Iowa Rural Electric Cooperative
Southwest Iowa Rural Electric Cooperative was established through grant funds from USDA – Rural Development to provide low-interest financing for industrial start-up businesses and expansions.
Grow Iowa Foundation
Provides low-interest financing for business starts, expansions and other community development projects. They work in conjunctions with local and regional banks to increase small business and industry lending by provided additional, flexible credit to help the borrower fit the bank’s underwriting criteria.
USDA Iowa Rural Development
USDA Iowa Rural Development can provide technical assistance to stimulate business creation and growth. The program works through partnerships with public and private community-based organizations and financial institutions to provide financial assistance, business development, and technical assistance to rural businesses.