The Innovation Station will endeavor to make available a variety of support services and resources to its Members in furtherance of its mission. These support services and resources will be provided directly by the management of Innovation Station in most cases. Other support services and resources will require active participation from local training centers, schools, college, and local businesses leaders, economic development professionals, professional service providers, and others.
The following is an outline of the type of support services and resources that the Innovation Station intends to make available through its management team, partners, and local business/entrepreneurial community. This list is not exclusive and is subject to change at any time based on need.. The Innovation Station Management will determine to what extent the following support services and resources will be made available to members.
I. Assessment
The support services and resources provided to each member will depend on the particular individual/business needs. Innovation Station Management will try to learn as much as possible about each company represented through periodic meetings and reporting programs in additional to informal communications. Innovation Station personnel will evaluate the needs of each representative continually and work to provide appropriate support services and resources to meet those needs, as determined by Innovation Station management, its Advisory Board, and staff.
II General Business Consulting
Through either the Madisonville-Hopkins County Economic Development Corporation or its partners, a variety of support services and resources are available to Kentucky Innovation Station members. Such services and resources could include needs assessment, technical assistance or consultation in a range of areas:
III Technical Assistance
Innovation Station will offer assistance in developing the technical aspects of Members businesses through its relationship with Madisonville Community College and other local partners.
Innovation Station personnel will assist Members, and/or Tenants in analyzing their capital needs and advise them on best practices for attracting investment capital. Innovation Station will maintain a network of contacts in the venture capital.
Personnel will also direct Members to those who can provide assistance in applying for alternative forms of financing, such as SBA loans and other incentives. Innovation Station will provide direction and assistance on researching incentives that will best fit the business.
Innovation Station will provide access to network of professional service providers, including accountant, attorneys, and human resources, and marketing specialists.
For questions please contact:
Madisonville Hopkins County Economic Development Corporation
Ray Hagerman, President rhagerman@westcentralky.com
Ruthann Padgett, VP Operations rpadgett@westcentralky.com
The following is an outline of the type of support services and resources that the Innovation Station intends to make available through its management team, partners, and local business/entrepreneurial community. This list is not exclusive and is subject to change at any time based on need.. The Innovation Station Management will determine to what extent the following support services and resources will be made available to members.
I. Assessment
The support services and resources provided to each member will depend on the particular individual/business needs. Innovation Station Management will try to learn as much as possible about each company represented through periodic meetings and reporting programs in additional to informal communications. Innovation Station personnel will evaluate the needs of each representative continually and work to provide appropriate support services and resources to meet those needs, as determined by Innovation Station management, its Advisory Board, and staff.
II General Business Consulting
Through either the Madisonville-Hopkins County Economic Development Corporation or its partners, a variety of support services and resources are available to Kentucky Innovation Station members. Such services and resources could include needs assessment, technical assistance or consultation in a range of areas:
- Business plans
- Market analysis
- Budgeting and finance
- Management
- Presentations to business angels/venture capital groups
- Marketing plans
- Sales
- Accounting services
- Financial
- Human resources
- Educational service
- Recruitment assistance
- Capital raising
III Technical Assistance
Innovation Station will offer assistance in developing the technical aspects of Members businesses through its relationship with Madisonville Community College and other local partners.
- Raising Capital
Innovation Station personnel will assist Members, and/or Tenants in analyzing their capital needs and advise them on best practices for attracting investment capital. Innovation Station will maintain a network of contacts in the venture capital.
Personnel will also direct Members to those who can provide assistance in applying for alternative forms of financing, such as SBA loans and other incentives. Innovation Station will provide direction and assistance on researching incentives that will best fit the business.
- Professional Services
Innovation Station will provide access to network of professional service providers, including accountant, attorneys, and human resources, and marketing specialists.
For questions please contact:
Madisonville Hopkins County Economic Development Corporation
Ray Hagerman, President rhagerman@westcentralky.com
Ruthann Padgett, VP Operations rpadgett@westcentralky.com