What is Economic Development
At its core, economic development aims to foster innovation, create jobs, and build a resilient economy. It’s about creating an environment where businesses can thrive and communities can prosper. Through these efforts, regions can support businesses, grow new industries, and enhance the quality of life for residents.
End-of-Year Essentials: 10 Crucial Tasks for Small Business Owners in November
November signals a crucial time for small business owners to assess the current year's progress and prepare for what's ahead. At Summit Economic Partnership (SEP), our mission is to diversify Summit County's economy. We support businesses headquartered here with targeted programs, resource sharing, and ongoing guidance tailored to their unique needs.
How Entrepreneurs Can Set the Right Price for Their Products or Services
One of the most challenging aspects of running a business, especially for entrepreneurs just starting out, is figuring out the right price for your product or service. Whether you're selling handmade goods, offering consulting services, or running an e-commerce business, setting the right price can make or break your success.
What Are the Funding Options Available to Me to Start or Expand My Business?
For small business owners, especially those in rural communities, navigating the landscape of funding options can be overwhelming. Here’s a detailed guide to help you explore the funding options available to start or grow your business.
The Vital Role of Supporting Locally Owned Small Businesses in the Economy
In today’s globalized world, it’s easy to overlook the importance of not only shopping locally, but also hiring locally. Supporting locally owned small businesses - whether they are a coffee shop, clothing retailer or an accountant - is crucial for maintaining a vibrant and sustainable local economy.
Collaboration over Competition: How Small Business Owners Support Each Other in Summit County
Summit County, Colorado, is known for its vibrant community and a host of local events that attract both residents and visitors. These events present a golden opportunity for local businesses to connect with potential customers, enhance visibility, and drive sales. Here’s how businesses can effectively leverage these events for growth.
How to Leverage Local Events for Business Growth in Summit County, Colorado
Summit County, Colorado, is known for its vibrant community and a host of local events that attract both residents and visitors. These events present a golden opportunity for local businesses to connect with potential customers, enhance visibility, and drive sales. Here’s how businesses can effectively leverage these events for growth.
The Impact of Seasonality on Businesses in Summit County, Colorado
This blog explores how these businesses navigate the quieter part of the year, highlighting the unique strategies they employ and the broader economic implications for regions like Summit County, Colorado.
Empowering Entrepreneurs: Resources for Small Business Owners in Summit County, CO
As small business owners navigate the challenges and opportunities of building their enterprises, it's crucial to have the right resources and support. Here are some key organizations and programs dedicated to empowering entrepreneurs in our region
How to Start a Business in Summit County, Colorado
Embarking on the entrepreneurial journey in Summit County, Colorado, presents an exciting opportunity to join a vibrant and growing community of innovators and business leaders. The first steps to launching your venture are critical in setting the foundation for success. This blog post will guide you through the initial stages of starting a business in the picturesque landscapes of Summit County.