My bank was approached in the winter of 2017-18 by an ownership group seeking to launch a cold storage facility in Southwestern Wisconsin. While we thought very highly of the investors and the industry, their business plan needed some fleshing out both for our loan committee and for the benefit of the loan guaranty we were seeking from the USDA.
I referred the owners to Brock to flesh out the business plan and derive projections better. I admit they were hesitant, but after meeting him they saw the value right away. The business plan before and after Brock was night and day, and the State’s USDA office signed off on it also.
Because of Brock’s influence on the project, a new $6 million investment into Southwestern Wisconsin’s economy could be made.
If you’re a business owner who is at the early stage or contemplating an expansion, or you’re a banker with a client needing some assistance on getting from A->B, keep Brock in your rolodex.Thomas Lyons, who is a USDA and SBA lending specialist at Byline Bank on August 15, 2018 (via LinkedIn)
Innovation Education Participants
My experience at the Bootcamp helped me review who my customers were, what structures I need in place, and it helped me get valuable feedback from my customers. I would tell a friend to come prepared and be ready to engage in the process.
I enjoyed learning what to focus on, who my customers are and how to engage them to purchase from me.
It’s fun. It made me think outside of the box. They helped clear up things I didn’t know. It was worth the time!Feedback from 3 participants Innovation Education session run at Creative Adventure Lab in Dubuque, IA – first session like this ran in Dubuque