Programming to Assist Culver Small Businesses

 
Small businesses are the heart of Marshall County’s communities—contributing to our vibrant downtowns and serving as an invaluable component of our local economies. To support them, the Town of Culver, Culver Redevelopment Commission, and MCEDC are partnering to create a Culver Microloan Program fund that will be made available to commercial and retail businesses.

Last year, MCEDC conducted a survey with approximately half of Culver’s small businesses. The majority of businesses interviewed reported the need for a microloan program. To meet this need and launch a microloan program, we have applied for a USDA Rural Business Development Grant. If successful, the program will start in Culver by Fall 2019 and extend to other towns in Marshall County, ensuring that small businesses have access to much needed capital that will facilitate growth.