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From North Iowa Area Community College, www.niacc.edu John Pappajohn Entrepreneurial Center News Ref. 2851 Martinez has 29 years of restaurant experience in the Mason City area. The carryout businesses will be located 1625 Federal Avenue North in Mason City with a planned April 1 open date. NIACC’s NanoLoan program targets a specific, underserved segment of the entrepreneurial community; businesses in the ‘pre-bankable’ phase. NanoLoans up to $2,500 can be used to move a business model farther along in its development by paying for prototype development, patents, equipment, working capital and other start up costs. NanoLoan applicants are required to successfully complete the FastTrac® New Venture™ course; a 10 week ‘business boot camp’ that exposes entrepreneurs to key aspects of being a small business owner and helps them put together a business plan. FastTrac® graduates from NIACC have enjoyed significantly better business survival rates with over 200 businesses founded since 1997 and 78% still in business today. For more information on the NIACC JPEC NanoLoan program, call (641) 422-4342 or visit www.niacc.edu/pappajohn. The John Pappajohn Entrepreneurial Center is located on the North Iowa Area Community College campus in Mason City, Iowa and provides college level courses and degree programs in entrepreneurship, as well as consulting services for business start-ups and existing industries in the North Iowa region. Space is available in the new North Iowa Business Incubator for start-up businesses. For more information, contact the NIACC JPEC at 641-422-4342. #####
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