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Create Your Business

A truly prosperous community will not only attract new businesses and retain existing ones, but it will foster business creation. The Chamber & Economic Partnership (CEP) continues to expand current business creation efforts through our entrepreneurial programming, technical assistance, capital access initiatives, and the Power Plant Business Incubator.  We are committed to assisting existing and prospective entrepreneurs by providing the tools and resource to support them throughout the process from start-up through expansion.

The CEP provides technical assistance to entrepreneurs to guide them in their efforts. This assistance includes areas such as business planning, market research, and financial analysis. Additionally, the CEP provides an ongoing program of training sessions to help entrepreneurs at every level. For more information on programs and assistance, please contact the Business Creation staff

 

 

 

 

Are you working on an idea for an innovative new company? Are you open to receiving coaching and mentorship in a supportive environment? Then keep reading and see how the Power Plant Business Incubator can help!

Located: 405 SE Osceola Ave. Ocala, FL 34471

Energizing Entrepreneurial Excellence

The Chamber & Economic Partnership (CEP) believes in entrepreneurs. We believe in their ability to change the world and in the importance of their drive, vision, ambition, and success. The goal of Power Plant Business Incubator is to power these entrepreneurs: help them raise capital; hire great employees; gain access to strategic partners, customers, and mentors; provide them resources; help mitigate risks; and cultivate results.

The Power Plant Incubator offers early stage companies decisive advantages & differentiating solutions each step of the way. We power Entrepreneurship!

The Power Plant offers a wide array of programs to benefit everyone from first-time entrepreneurs to seasoned executives and savvy investors. Residents of the Power Plant work on a campus in the heart of downtown, adjacent to the CEP, a few blocks from the Institute of Human Machine Cognition on Innovation Way, and walking distance to a thriving downtown and a National Historic District.

The three building campus offers multiple office shapes and sizes, lends itself to flexibility and increased space as the firms grow.  

Mission & Vision

POWER PLANT MISSION: To provide a nurturing climate and a sustainable system that successfully attracts, grows and graduates early-stage companies with innovative ideas and scalable business models.

POWER PLANT VISION: The Power Plant will embody and serve as the hub for entrepreneurial activity in the region. It will be a lead contributor to the job creation goals as a key part of the CEP.

Residents

Currently, the Power Plant Business Incubator has eleven resident companies. These companies have all gone through the Power Plant acceptance process which includes a presentation to a committee demonstrating 1) how they are innovative and 2) how they are scaleable. The current resident mix includes a strong emphasis on medical/health care, communications, and technology. 

Current Residents

  • Biznct
  • Brick City Creative Group
  • Elistars
  • How Did We Serve You?
  • OwnYourReviews
  • Pap's Art Venture
  • Sonic Analytics
  • Synalgic Studios

Graduates

To date, twenty-six companies have graduated from the Power Plant Business Incubator and twenty-three continue to operate in the Ocala Metro. These companies have created more than 350 direct jobs.

More Information

To learn more about the Power Plant Business Incubator or to schedule a tour, please contact Ryan LillyVice President, Business Creation. 

Impact is the newest initiative of the CEP. It is based on the belief that one of the best ways to impact communities is through entrepreneurship. Helping residents create their own jobs and wealth generators will have the most impact long-term and aligns with the CEP mission of creating a prosperous community. This initiative seeks to impact the communities of West Ocala, Marion Oaks, and Silver Springs Shores through onsite business assistance, a Certified Diverse Small Business Enterprise program, multi-language training events, and a supplier matching program. To learn more about this initiative, please contact Cherrietta Prince, Director of Entrepreneurship Services.

The CEP has partnered with Marion County to offer a microenterprise loan program. This program is for businesses with 5 or fewer employees who have been negatively impacted by the COVID-19 pandemic. Businesses can borrow up to $25,000 at 0% interest over 48 months and no payments for the first year. The loan may be forgiven if the business meets all requirements after the first 12 months. Each loan applicant will be required to receive 3 hours of pre-loan technical assistance and all loan recipients will receive 7 hours of post-loan technical assistance.

To start the process and see if your business qualifies, please click here

As a program of the Kauffman Foundation, 1 Million Cups works with entrepreneurs, empowering them with the tools and resources to break down barriers that stand in the way of starting and growing their businesses. Mr. Kauffman believed it was a fundamental right for anyone who had a big idea to be able to bring it to life—and we're here to fulfill that mission.

Visit www.1MillionCups.com/Ocala to learn more.

Launching a new company in the Ocala area? Enroll in our Kauffman FastTrac course for new entrepreneurs. Classes are held 4-5 times each year. Classes are once a week for 8 weeks, meeting for 3 hours each time. In addition to the course material, successful area entrepreneurs and business service providers (banking, insurance, etc.) speak during the course.

To find out when the next class is starting contact Cherrietta Prince, Director of Entrepreneurial Services: Cherrietta@OcalaCEP.com

2020 Marion County Youth Business Plan Competition

We are excited to once again open entries for the 7th Annual Marion County Youth Business Plan Competition. This “shark tank” style contest encourages local public, private, and home-schooled 9-12th grade students to submit their ideas for new businesses.

Last year, we had a record 144 entries from 8 area high schools.This year, our prizes are larger than ever!

Click HERE for the Application Packet

Click HERE for the Entry Form (Closes on Monday, November 30, 2020 @ 5pm EST)

Thank you to our 2020 Youth Business Plan Competition Sponsors.

Presenting Sponsor:

Sponsors:

   

The Chamber & Economic Partnership’s Business Services area provides a variety of Networking, Leadership Development, Training Workshops, and Marketing Opportunities designed to help small businesses succeed. In addition, we have pooled information from a variety of resources to provide you with advice and best practices.

U.S. Chamber of Commerce

Small Business Tools

Ready-to-use business tools to help you get the job done faster and easier, including: model business documents, financial spreadsheet templates, checklists, and official government forms.

U.S. Small Business Administration

Starting & Managing a Business

Resource center that features sections on starting and managing a business: Choosing Your Business Structure; Exploring Loans, Grants & Funding; Choose Your Location & Equipment; Hire & Retain Employees; Exporting; Running a Business; Healthcare; and Business Guides by Industry.

Internal Revenue Service (IRS)

Small Business and Self-Employed Tax Center

Enterprise Florida

Start up a Florida Business

Small Business Assistance Programs, Financial Assistance, Assistance for High Tech Start Ups and Contracting Opportunities.

Florida Department of Financial Services

Small Business Owners’ Insurance: a guide for consumers

Florida Department of Revenue

Business Owners Guide to Sales & Use Tax

Start Up Kit for New Business Owners

Florida Trend

Florida Small Business: New Business Start-Up Guide

A small business toolbox featuring: 5 Tips for Creating Your Best Business Plan; Labor Laws: What You Should Know; Forms, Permits & Licenses; Patents, Trademarks & Copyrights; Financing Your Business; Taxes; Insurance; and Selling to the Government.