- Mar 18
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Coronavirus (COVID-19): Small Business Guidance & Loan Resources Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. Economic Injury Disaster Loan Program Find more information on the SBA’s Economic Injury Disaster Loans at: SBA.gov/Disaster. The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Common Issues Small Businesses May Encounter: ◦Capital Access – Incidents can strain a small business's financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options so they have what they need when they need it. See SBA’s capital access resources. ◦Workforce Capacity – Incidents have just as much impact on your workers as they do your clientele. It’s critical to ensure they have the ability to fulfill their duties while protected. ◦Inventory and Supply Chain Shortfalls – While the possibility could be remote, it is a prudent preparedness measure to ensure you have either adequate supplies of inventory for a sustained period and/or diversify your distributor sources in the event one supplier cannot meet an order request. ◦Facility Remediation/Clean-up Costs – Depending on the incident, there may be a need to enhance the protection of customers and staff by increasing the frequency and intensity by which your business conducts cleaning of surfaces frequently touched by occupants and visitors. Check your maintenance contracts and supplies of cleaning materials to ensure they can meet increases in demand. ◦Insurance Coverage Issues – Many businesses have business interruption insurance; Now is the time to contact your insurance agent to review your policy to understand precisely what you are and are not covered for in the event of an extended incident. ◦Changing Market Demand – Depending on the incident, there may be access controls or movement restrictions established which can impede your customers from reaching your business. Additionally, there may be public concerns about public exposure to an incident and they may decide not to go to your business out of concern of exposing themselves to greater risk. SBA’s Resources Partners and District Offices have trained experts who can help you craft a plan specific to your situation to help navigate any rapid changes in demand. ◦Marketing – It’s critical to communicate openly with your customers about the status of your operations, what protective measures you’ve implemented, and how they (as customers) will be protected when they visit your business. Promotions may also help incentivize customers who may be reluctant to patronize your business. ◦Plan – As a business, bring your staff together and prepare a plan for what you will do if the incident worsens or improves. It’s also helpful to conduct a tabletop exercise to simulate potential scenarios and how your business management and staff might respond to the hypothetical scenario in the exercise. For examples of tabletop exercises, visit FEMA’s website at: https://www.fema.gov/emergency-planning-exercises SBA Products and Resources SBA is here to assist small businesses with accessing federal resources and navigating their own preparedness plans as described by the CDC’s Guidance for Businesses and Employers. SBA works with a number of local partners to counsel, mentor and train small businesses. The SBA has 68 District Offices, as well as support provided by its Resource Partners, such as SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers. When faced with a business need, use the SBA’s Local Assistance Directory to locate the office nearest you. Access to Capital SBA provides a number of loan resources for small businesses to utilize when operating their business. For more information on loans or how to connect with a lender, visit: https://www.sba.gov/funding-programs/loans. Local Assistance SBA works with a number of local partners to counsel, mentor, and train small businesses. The SBA has 68 District Offices, as well as support provided by its Resource Partners, such as SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers. When faced with a business need, use the SBA’s Local Assistance Directory to locate the office nearest you.
- Sep 25
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The 2nd Annual Catfish Chasers tournament held Saturday, Sept. 21st, at John Redmond was a success. It was a little windy but at least the rain held off. Many nice looking catfish were caught, weighed and released. We look forward to hosting the Catfish Chasers here again next year.
- Jul 29
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This morning I officially resigned as the Economic Development Director for Coffey County, effective on August 12th. While I enjoyed this role, the time has come to focus more on myself and my family. This position presented many opportunities and also challenges that caused an enormous amount of stress for myself and my family. It is my sincere hope that this position will be filled with an amazing individual who can take it to the next level of growth for our county. Below is the official letter I presented to Coffey County Commissioners. Coffey County Commissioners: Please accept this letter as notice that I will be resigning from my position as Economic Development Director for Coffey County two weeks from today’s date (August 12, 2019). I have enjoyed working with our communities and our incredible business leaders. Coffey County has so much to offer to growing businesses and it is my hope that moving forward you will fund this department fully and fill this position with an individual you can support to move this county into the next phases of growth. There are multiple projects and initiatives I have started in my time here. These projects were started all in an effort to set up our county for growth - A new county website, revised loan guidelines, a stronger alliance with Dept. of Commerce, Airport Development Plan, Focus on the Future, Neighborhood Revitalization Program, a Business Start-Up Guide, a stronger collaboration with KansasWorks, Capture Coffey County Photo Contest, and the countless hours I have worked confidentially with existing/new businesses helping them prepare financial documents, business plans, and acquire grants. As I have mentioned many times, Economic Development does not happen in a vacuum. It takes collaboration and support from everyone. I strongly believe I have worked hard to set the stage for growth. With your support and growth mindset, a new director will be able to come in and take off with these initiatives and continue the work I started with a goal to create a county that will thrive into the future. When I came into this position, none of these pieces were set up for me, and these are the pieces I have accomplished during my tenure. Thank you for the opportunity to serve the residents of Coffey County. Sincerely, Stacy Haines Coffey County Economic Development Director
Centrally located, Coffey County is accessible by Interstate and is within a 2 hour drive to major Kansas markets. Coffey County offers a low cost of doing business and an excellent infrastructure complete with fiber optic connectivity. With a low tax rate, Coffey County is a prime location for new businesses and expanding businesses.
A few of our major employers include: Wolf Creek Nuclear Generating Station, Coffey Health System, Charloma (plastics manufacturing), Countertop Trends (laminate countertop manufacturing), Wheeler Lumber (wood truss manufacturer), and a thriving agricultural base.
Coffey County boasts a superior quality of life with abundant community resources including public transportation, comprehensive healthcare services, county-wide library system (a library in each community), outdoor fun, recreational facilities/programs, and unique shopping and art.
The mission of Coffey County Economic Development: To enrich the quality of life of citizens by enhancing the economic vitality of the county through the attraction, growth, and retention of business, industry, and talent in Coffey County.
At CCED we provide:• Business start-up assistance
• Assistance for existing businesses (expansion, workforce, etc.)
• Professional Development
• Community Engagement
• Marketing and attraction initiatives
• Tourism promotion