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Business Resources

One Southern Indiana is the premiere business organization in Southern Indiana.  1,000+ members strong, we offer multiple business resources to help you connect, grow and succeed.

Starting and operating a business is a rewarding and exciting adventure, but it is no simple task. It requires long hours, hard work, careful preparation and detailed planning – not to mention adequate financial resources.

Our goal is to connect entrepreneurs and existing business owners, large or small, with the organizations and resources they need to start a business, increase growth, find suitable financing and build a workforce. No matter what stage of life a business is in, businesses will find the resources they need at 1si.

Local Business Tools

Southeast Indiana Small Business Development Center
The ISBDC offers entrepreneurs expert guidance and a comprehensive network of resources for little to no cost. Services provided include one-on-one consulting, strategic planning, market research, loan assistance and much more.

SCORE
SCORE is a non-profit organization with more than sixty experienced business counselors in the Louisville area who provide free confidential counseling and low-cost training, no matter what stage your business is in.

Statewide Business Tools

Indiana Business Research Center
The IBRC maintains databases on numerous topics such as income, employment, taxes, sectors of the economy, education, demographics and a host of other economic indicators for the nation, the state and local areas.

Indiana Department of Revenue
A The Indiana Department of Revenue administers tax laws and collects tax revenues in a fair, consistent and efficient manner for Indiana taxpayers and provides accurate, timely, and reliable funding and information to state and local constituents.

Indiana Secretary of State
The duties of the  Indiana SOS include chartering of new business, regulation of the securities industry, oversight of state elections, commissioning of notaries public, registration of trademarks and licensing of vehicle dealerships throughout Indiana.

Minority & Women’s Business Enterprises
The Minority and Women’s Business Enterprises Division (MWBE) acts on behalf of the state of Indiana to actively promote, monitor and enforce the standards for certification of minority, women and veteran business enterprises.

Indiana Small Business Association
The Indiana SBA District Office delivers a variety of programs and services, including startup and operational assistance through small business training and counseling, financial assistance, business opportunities, such as government contracting, subcontracting, procurement, and much more.

Indiana Economic Development Corporation
The Indiana Economic Development Corporation (IEDC) is the State of Indiana’s lead economic development agency and is committed to attracting and supporting new business investment, creating new jobs for Hoosiers, and furthering our legacy as one of the top states in the nation for business.

Mid-States Minority Supplier Development Council
The Mid-States MSDC certifies, promotes and cultivates successful minority enterprises within Indiana, Central Illinois and Eastern Missouri business communities. The Mid-States MSDC serves as an advocate for the economic well-being and growth of certified MBEs, while also providing a direct connection for corporations who are committed to purchasing products and services from Mid-States MSDC-certified MBEs.

Greater Lakes Women’s Business Council
The Great Lakes Women’s Business Council is committed to empowering women and minorities economically through business development training, supplier certification, business-to-business networking and accessible capital assistance programs in the states of Indiana and Michigan.

Horseshoe Foundation of Floyd County Loan Fund

Small businesses based in Floyd County, Indiana, may qualify for access to a financing resource established by the Horseshoe Foundation of Floyd County (HFFC). This Revolving Loan Fund assists private businesses seeking to expand operations and increase or retain employees. The fund is capitalized by a grant made by HFFC, administered by 1si.

To qualify for consideration, businesses must be located (or plan to locate) in Floyd County and have been in business operation for a minimum of two years. Applicable business experience of at least two years will also be considered for new businesses. An eight-member Revolving Loan Fund Review Committee, consisting of members from both the HFFC and 1si, evaluate loan applications and determine funding decisions.

Loan amounts range from $5,000 to $50,000 with an interest rate of 2% below Prime with a minimum rate of 3%. Maximum terms are 10 years for land and building financing, five years for equipment loans, and two years for working capital loans.

Kevin Zurschmiede, Horseshoe Foundation of Floyd County board member: “We see these loans as bridging the gap, either helping a business with ‘last dollars’ needed to grow the company or filling the difference between what the bank and individual can provide and what is needed for success.”

For further information please email Elizabeth Baxter at ElizabethB@1si.org.

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Develop New Albany Inc. Small Business Loan Fund

Small business owners face many challenges in obtaining short term micro-financing. Develop New Albany Inc. is committed to assist businesses with their development and growth through a short-term loan program. This program is funded by designated funding set aside by Develop New Albany Inc. Develop New Albany Inc. has delegated the client qualification process to the Indiana Small Business Development Center (ISBDC) and the administrative responsibility to One Southern Indiana. Develop New Albany Inc. has formed a loan review committee to be responsible for reviewing the loan applications and review of requested information, and will make the funding decisions.

Eligible Businesses:
The fund is targeted to businesses located within Develop New Albany Inc.’s designated service area as noted in corporation by-laws. This area is commonly known as Downtown, Midtown, and Uptown New Albany.

Apply Now

Jeffersonville Loan Funds

The City of Jeffersonville understands how difficult it can be to start and run a small business. To encourage the entrepreneurial spirit and help drive new businesses in the area, the city offers a number of incentives aimed at small businesses, new restaurants, and improved building facades. This includes:

  • The Restaurant Forgivable Loan Program
  • The Revolving Loan Fund
  • Facade Grants
  • TIF Districts
  • Urban Enterprise Association
  • Tax Abatements

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