Initiatives & Incubators: Innovative Ideas for Supporting Small Businesses in Alton

Metrics

Community Size
14,142
Years
2018/2019
Course Title
Course Letter Acronym
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Project Lead Faculty

Alton, Illinois is seated in the heart of the United States on the Mississippi River. This modest city is rich
with history, beautiful sights, as well as unique potential. Even though the population is on a slight
decline, there are still plenty of opportunities for economic growth. Small business entrepreneurs can
utilize mentoring, training, and professional development resources that are available locally. Another
way to stimulate economic development is through the use of incubators. Business incubators assist
small business start-ups by providing crucial administrative support. They can also provide advice and
guidance. By utilizing incubators, small business owners can get their organization off to a cost-efficient
start. A few types of incubators that would benefit Alton are business, technology, kitchen, farm, and
healthcare. Funding for these kinds of spaces are also available on several different levels. If the City of
Alton, entrepreneurs, and locals are mindful of the demographics and the needs of the residents then
small business start-ups and incubator spaces could help the city flourish.

Read the final student report delivered to the local gov/community partner.

SIUE Successful Communities Collaborative Contact Info

University Faculty Contact
Kristine Jarden
School of Business
Director of Executive Education
kjarden@siue.edu
618) 650-2668

Local Government / Community Contact
Greg Caffey

Director of Planning and Development for the City of Alton

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