If you already have a business related to agriculture, click on "Create New Business" to add it to the Local Food Systems ecosystem. If you are developing an idea for a new buisness, click on or "Create New Business Case". You'll need to enter what the business or business case is about, and also the inputs and outputs needed. By matching your inputs with someone else's outputs you can find potential suppliers; by matching your outputs with someone else's inputs you can find potential customers. Those are potentially valuable connections! Your buisness connections will be listed in the Connections section and mapped in the Map section. When you are ready to get other people involved in developing your business, you can go to the Collaborative Business Networks section to start a group to coordinate your efforts.
Business Supporter Profile

Wooster Opportunity Loan Fund

The Wooster Opportunity Loan Fund supports early stage, high-potential technology companies located in or willing to move to Wayne County. The fund awards loans of up to $35,000 to companies with high potential to raise venture capital money and create new jobs. Loan proceeds must be used for a specific project or initiative that will bring the company closer to obtaining pre-seed funding; in addition, these loans are secured by the intellectual property and other assets of the company.

 

These loan payments are deferred for five years, or until:

 

    • Companies receive a significant financing event (greater than $1.5 million)

 

    • The company—or a substantial amount of its assets, greater than 51%—is sold

 

  • The company fails to comply with the terms of their agreement (e.g., leaving Wayne County)

This Fund was developed by the City of Wooster and the Wooster Growth Corporation, in collaboration with the JumpStart Entrepreneurial Network and with support from the Wooster Area Chamber of Commerce, Wooster Community Hospital, the Wayne Economic Development Council and Cascade Capital.

Support Organization Location: 

377 west liberty, wooster, ohio 44691
40° 47' 51.8316" N, 81° 56' 42.774" W
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