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​​This program is an initiative of DSI’s Economic Vitality volunteer committee to help educate and empower the next generation of entrepreneurs, investors and property developers. The Momentum on Main Street task force meets regularly to plan new strategies and activities to accomplish this goal.

 

We work with Innovate Springfield, the City of Springfield, Illinois SBDC at LLCC, Illinois Stewardship Alliance and other partners to show you the way to realize your passion project with networking and free workshops to demystify the resources that are available, right here in Springfield.

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SUPPORT FOR MOMENTUM

This program is generously sponsored by the City of Springfield and US Bank. In addition, attendees to DSI’s Annual Dinner raised $30,000 for the program in January 2020.

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YEAR ONE

  • Seven entrepreneurs received US Bank/Momentum scholarships to attend a Co.Starters cohort

  • One realtor was given a US Bank/Momentum scholarship to attend an Incremental Development Alliance workshop to learn how to take on a property redevelopment without using subsidies

  • Momentum hosted a kick-off event featuring five entrepreneurs who are succeeding in downtown Springfield currently with 100 attendees. See photos.

  • Momentum hosted six free, networking/educational sessions on a variety of issues including how to start your food business by selling at the Farmers Market; demystifying the process of permits and licensing at city hall; an interactive walking tour to help participants discern what is needed when one buys a downtown building, and financing for a business start-up

  • Co.Starters participant Patrick Russell opened a brick and mortar business, Reverie Apparel

  • Co.Starters participant Sarah Stahly started DSI on a path of exploring the barriers for food entrepreneurs in Springfield

  • Nearly 250 people are now connected for property and investment opportunities

  • Annual Dinner attendees raised $30k for the growth of the Momentum program
     

CURRENT ACTIVITIES

  • Momentum committee members are hosting Virtual Cash Mob online events to boost sales for downtown mom and pops

  • DSI summer interns implemented low-dollar improvements to brighten the Outdoor Downtown seating areas (necessitated by state COVID requirements) and to attract more patrons

  • Committee is exploring updating development reports from 2012 Committee is exploring hosting free online property development classes

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