City helps fund local small business organization

The City of Bloomington has joined Monroe County, IU and Ivy Tech Community College to fund the Indiana Small Business Development Center (ISBDC), according to a release from the city.

The city and county have budgeted $10,000 to support the center. IU has given the same amount annually for many years, according to the release.

The ISBDC supports local entrepreneurs with guidance and resources, according the release.

Funding has been cut at the state level, according to the release. Area ISBDC Director Troy Phelps said in the release the local funding provides the ISBDC with the resources to continue providing services to small businesses in the area.

The center is located at Ivy Tech’s Gayle & Bill Cook Center for Entrepreneurship in Bloomington.

Emily Ernsberger