ECD knows businesses need more than just financing to prosper. Firms in the Mid South consider non-financial assistance such as accounting, marketing, engineering and workforce training to be as important as capital availability.
Quality technical assistance is critical to the viability of businesses. The region faces a significant shortfall in technical assistance providers. ECD is working on several fronts to improve the quality and quantity or technical assistance in the region.
ECD provides and facilitates a variety of support services that help business and entrepreneurs become successful. These options include:
ECD recognizes that specific sectors present unique opportunities to enhance the regional economy in terms of job creation and economic development. These sectors originally identified in a study conducted by Bain & Co. include housing and health care sectors and represent an area of focus for targeted development activities.