Open to Business Program

About the Partnership

Looking for a trusted adviser for your business? Maybe you've wanted to secure financing to start or expand your business? If so, you may want to try the Open to Business Program.

Thanks to a partnership between the city and the Metropolitan Consortium of Community Developers (MCCD), business owners or those looking to start a new business can access a new program called Open to Business.

Open to business logo

Free Technical Assistance

Open to Business will provide prospective and existing entrepreneurs in Coon Rapids with free one-on-one counseling with a business adviser. The program provides assistance in the following areas:

  • Business plan assistance
  • Business regulations
  • Financial management
  • Loan packaging
  • Marketing assistance
  • Professional referrals
  • Real estate analysis
  • Strategic planning

Small Business Loan Program

Open to business advisers can also assist entrepreneurs to identify borrowing needs and accessing financing options. Advisors work with clients to help them find the financing that best meets their own unique needs. MCCD also provides direct financing and loans in partnership with banks and nonprofit lenders. Funds can be used for inventory, working capital, asset and equipment purchases, real estate acquisition, and start-up costs.