Opening a New Door to Small Business Success
The Entrepreneur District brings together 9 business owners from various industries, giving them access to both the office space they need and the collaboration they crave to create, work, and grow…at no charge!
Want to be an Entrepreneur District Resident in 2024?
Applications for the 2024 Resident cohort are due January 5, 2024. Download yours below!
Completed applications and any questions can be sent to Michaela Schell, Head of District, at email@example.com.
How It Works
1. Become a Resident
(This could be YOU!)
The Entrepreneur District is designed for business owners with one of the following two goals:
- The desire and potential to grow and scale their business
- The desire to maintain their business at its current level by creating a more robust, well-rounded business
2. Step Inside
(What's behind the door?)
The Entrepreneur District provides the following for Residents (all under one roof!):
- Office space
- Free or low cost services
- Education and Training
3. Create, Learn, and Grow
(We're all in this together!)
Together at the Entrepreneur District, Residents will:
- Have their own office space to get work done
- Benefit from idea generation and skill development from fellow Entrepreneurs in Residence
- Gain access to valuable business resources and partners
- Establish tangible ways to give back to their community
- Participate in problem solving discussions with like-minded entrepreneurs
4. Be Transformed
(It's about who you become.)
The Entrepreneur District transforms Residents with not only trackable and tangible growth, but with:
- Greater adaptability
- Sharper judgement
- Fresh perspectives
- Attunement to cultural values
- More developed instincts
Meet the 2023 Entrepreneur District Residents
We’d like to introduce you to the incredible business owners who are jumping headfirst into this new and exciting resource.
Andy is marketing and technology guru who helps businesses leverage technology to grow their organization through custom software, mobile apps, websites, integrations, digital marketing, and consulting.
Profit Potential Consulting, LLC
Ashley is a multi-passionate entrepreneur who enjoys light-hearted movies, friendly competition, and giving solid, tailored financial advice to help business owners reach their full potential.
Erick is life-long adventurer working to build an office on wheels so others can explore the world while working and become adventurers too.
Mental Fitness Guy
Glen is a former pastor turned entrepreneur who coaches business leaders and their teams to strengthen their revenue and growth while improving their relationships and well-being.
Sew It, Stitch It
Melissa is a nurse, entrepreneur, and life-long North Dakotan who creates handmade products such as aprons, kitchen sets, mugs/tumblers, and more.
Being Social with Stacie J
Stacie is a wife, mother, and creative, determined, fun-chasing individual making social media easier for businesses of all sizes, stages, and industries.
What is the Entrepreneur District?
The Entrepreneur District brings together 9 business owners from various industries, providing them with essential office space located at Dakota Business Lending. Through this physical community of Residents, the Entrepreneur District lessens common barriers for entrepreneurs to help them better generate ideas, create efficiencies, fill gaps, and serve the community with their talents – all while growing and sustaining their own businesses.
Who are the Residents?
The Entrepreneur District is for business owners who have one of the following two goals:
- The desire and potential to grow and scale their business (such as hire employees, own/rent their own office space, expand to other cities, go from part-time to full-time business owners, increase revenue, etc.)
- The desire to sustain their business at its current level by creating a more robust, well-rounded business (such as product development, service streamlining, etc.).
You must meet four qualifications in order to apply to become an Entrepreneur in Residence:
- Must own a for-profit small business in full operation and registered with your state.
- Must be a solopreneur working full-time on your business.
- Must be in need of a physical office space and able to work from Fargo, ND Entrepreneur District office no less than 8 hours a week.
- Must have a strong willingness to collaborate with other Residents.
How does the Entrepreneur District help?
As part of the Entrepreneur District, business owners who were once siloed now have the opportunity to expand by working in fellowship with other Entrepreneurs in Residence.
As neighbors under one roof, this residency encourages entrepreneurs to create partnerships that would have otherwise been unattainable.
The Entrepreneur District Provides:
- Office space
- Free or low cost needed services (i.e. marketing, accounting, etc.)
- Education and training
- Business coaching
The Residents Contribute:
- Volunteer hours donated back their community
- Ideas, advice, collaboration, and partnerships to help others grow and succeed
What do Residents gain?
The Entrepreneur District can provide support for each of the above listed needs in the following ways:
- Environment – A physical office space to better focus, host meetings, and connect with office neighbors in-person, fostering an atmosphere of ideas and collaboration
- Mentorship – The opportunity to develop wisdom and insight from seasoned professionals
- Education – Training to help Residents in subjects outside of their area of expertise, but critical for a high-functioning business
- Collaboration and Partnerships – Idea generation and skill development outside of their own perspectives by tapping into the talents of other Entrepreneurs in Residence
- Capital – Access to financing to expand their business if needed
Who do Entrepreneurs in Residence become?
By filling the above needs, the Entrepreneur District transforms Residents with not only tangible and trackable growth, but also with…
- Greater adaptability to ever changing conditions, trends, and environments
- Sharper judgement of how to handle situations, problems, and opportunities
- Fresh perspectives to better think outside of the box and uncover new ways of looking at old problems
- Attunement to cultural values and how to better understand and represent our community and our world
- More development instincts to quickly solve problems, act on opportunities, and enhance speed of doing business
Residents’ growth then ripples outward, having a multitude of effects on our community!
How do I apply to be a Resident?
Important Dates to Note:
November 6, 2023 – Applications open
January 5, 2024 – Applications due
March 2024 – Move-in to the Entrepreneur District begins