Brattleboro, Vermont – Are you a maker or artisan considering selling your creative business, looking to acquire one, or planning for its future? Join the Brattleboro Development Credit Corporation (BDCC) and HatchSpace for a focused one-hour event addressing the unique challenges and opportunities of business transitions in the creative sector. This session will explore the complexities of selling, buying, or transitioning a maker or artisan business, providing an overview of topics such as valuation, financing, legal considerations, and succession planning. We’ll delve into the specific needs and hurdles faced by creative entrepreneurs, offering practical tips and resources to help you navigate these crucial stages. This event takes place at HatchSpace on Wednesday, March 26th, from 4:00 PM to 5:00 PM.
This series is part of BDCC’s commitment to fostering a resilient and diverse business community. It renews our focus on addressing the avoidable job losses caused by business closures due to owner retirement. Funded in part by a 2024 Rural Cooperative Development Grant (RCDG) from the U.S. Department of Agriculture (USDA), the series will cover a wide range of transition strategies to identify businesses at risk of closure or transition, while providing targeted technical assistance to prevent closures and promote cooperative formation as a key aspect of our business transition mission.
HatchSpace, a vibrant community workshop and woodworking school in downtown Brattleboro, offers classes, workshops, workforce development programs, youth summer camps and a fully-equipped woodshop for makers of every level. This joint BDCC and HatchSpace event provides a valuable opportunity to meet others facing similar challenges in deciding how to take over or find a successor for their business. It’s a chance to discover how the resources and connections fostered at HatchSpace and the BDCC can be a valuable addition to your business transition planning.
Registration is encouraged but not required and can be completed HERE.
The workshop will be followed by BDCC’s popular BizConnect networking series at 5pm in partnership with Hatchspace’s Meetup Series. Both events are free, and refreshments will be provided. Registration is encouraged and can be completed HERE.
About BDCC
The Brattleboro Development Credit Corporation (BDCC) is a private, nonprofit economic development organization with the mission of investing in the drivers of the regional economy so that people, businesses, and communities in Southern Vermont can thrive. BDCC serves as the State of Vermont’s certified Regional Development Corporation (RDC) for the greater Windham County area (including Windham County and the towns of Readsboro, Searsburg, Winhall and Weston). BDCC is one of 12 RDCs throughout Vermont. BDCC activity is made possible in part by a grant from the State of Vermont through the Agency of Commerce and Community Development. For more information visit https://brattleborodevelopment.com/.
About HatchSpace
HatchSpace is a private, nonprofit community workshop and woodworking school in downtown Brattleboro, Vermont whose mission is to provide access to the tools and training that help people develop creative confidence and build the things they love, including careers in the trades and crafts. Since its founding in 2019, HatchSpace has enrolled more than 1,400 students and supports a member community of over 150 people at our 9,000 square foot facility in the heart of Brattleboro. HatchSpace serves the growing call for the return of industrial arts training to our rural communities, and for expanding Vermont’s strong tradition of craft and forestry product innovations to new audiences. For more information, visit www.hatchspace.org.
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