NORTH CREEK Jim Murphy’s job of boosting economic development in the Adirondack region leads him to all 14 counties in the North Country, and he made a stop here in Warren County last week to offer special assistance for small business owners and budding entrepreneurs.
In the summer of 2011, Murphy left his position as economic developer of the village of Potsdam to become the new executive director of the Adirondack Economic Development Corp. (AEDC), based in Saranac Lake. And he’s spending a lot of time on the road promoting his organization’s small business education and loan programs.
“We’re in a lot of places, and we focus on two main things — we do small business lending and small business training, and they go hand-in-hand pretty well,” Murphy said.
Murphy met with members of the North Creek Business Alliance Thursday, Feb. 9 at barVino to see if there was any interest in holding a 12-week Entrepreneurial Assistance Program course in North Creek. And based on the initial reaction from Alliance members — including the Gore Mountain Regional Chamber of Commerce — an AEDC class may be coming to town soon.
Throughout the course, participants will learn the basics of small business — including financing, marketing and sales — and will write a business plan. At the end of the course, they will have the opportunity to use their business plans to apply for a loan with the AEDC.
“When I first got started in business, I thought that the biggest thing that businesses needed was cash. If you had just a bag of cash, everybody would be fine,” Murphy said. “What I find, though, is people need help as well, they need answers. And so we’re trying to do both, and hopefully we give you the answers before we give you the cash.”