"What Works for Small Business… Proven Practices for Assisting Small Businesses"

In yesterday’s issue of IEDC‘s Economic Development Now, a publication by the U.S. Senate Committee on Small Business and Entrepreneurship, “What Works for Small Business: A State and Local Government Reference Guide of Proven Practices for Assisting Small Businesses” is featured.

Tennessee was represented in the publication by some of its programs that assist small business:

  • The Tennessee Rural Opportunity Fund
  • Tennessee Business Matchmaking
  • CoverTN
  • Small Business Regulatory Review Committee (SBRRC)
  • Pick Tennessee Products
  • Voice of the ORNL Customer Survey

According to its introduction, “(t)his reference guide is intended as a living document, and so we welcome feedback and encourage additional submissions. All appropriate submissions are incorporated into this reference guide unedited from the original submitted text.”

These are not by far the only programs out there to help small business. For a specific list of business assistance, check out http://www.business.hickmantn.org/ .

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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