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In this episode of the Living in McKenzie County podcast, host Meghan Taunton, McKenzie County Economic Development Director, welcomes Cyrena Weeks (Tri-County Regional Development Council), Keith Olson (Small Business Development Center), and Susan Granrud (Job Service Workforce Center) to preview Small Business Month and explain regional resources for entrepreneurs and employers. They discuss western North Dakota's dynamic business culture, business startup challenges, and how SBDC provides no-cost advising on plans, cash flow, and lender readiness. The group also explores practical uses and cautions around AI in small business, highlights workforce support, and reviews financing options such as revolving loan funds and Bank of North Dakota's Flex PACE interest buydown.
Tri-County Regional Development Council: https://tricountyrdc.com
Small Business Development Center: https://willistonstate.edu/about/Community/Small-Business-Development-Center
Job Service Workforce Center: https://www.jobsnd.com/job-seeker/workforce-centers/williston
00:00 Welcome
00:46 Introductions
02:37 Business Culture Today
04:15 Where to Start
05:24 Small Business Development Center
08:57 AI in Small Business
13:39 Practical uses of AI
18:01 Beyond Oil and Gas
20:12 Outsourcing
22:50 Training and Funding Programs
25:39 Gap Financing Options
26:09 Flex PACE Interest Buydown
27:23 Grant Myths and Reality
28:43 Personal vs Business Credit
29:51 Bank of North Dakota
32:20 What Regional Councils Do
34:28 Grants and Programs
38:55 SBDC Funding and Structure
40:02 Business Needs
43:05 Bowling Alley in McKenzie County
46:51 Workforce Center Services
49:53 Rural Health Transformation Program
51:50 Wrap-Up
By The City of Watford City, North DakotaIn this episode of the Living in McKenzie County podcast, host Meghan Taunton, McKenzie County Economic Development Director, welcomes Cyrena Weeks (Tri-County Regional Development Council), Keith Olson (Small Business Development Center), and Susan Granrud (Job Service Workforce Center) to preview Small Business Month and explain regional resources for entrepreneurs and employers. They discuss western North Dakota's dynamic business culture, business startup challenges, and how SBDC provides no-cost advising on plans, cash flow, and lender readiness. The group also explores practical uses and cautions around AI in small business, highlights workforce support, and reviews financing options such as revolving loan funds and Bank of North Dakota's Flex PACE interest buydown.
Tri-County Regional Development Council: https://tricountyrdc.com
Small Business Development Center: https://willistonstate.edu/about/Community/Small-Business-Development-Center
Job Service Workforce Center: https://www.jobsnd.com/job-seeker/workforce-centers/williston
00:00 Welcome
00:46 Introductions
02:37 Business Culture Today
04:15 Where to Start
05:24 Small Business Development Center
08:57 AI in Small Business
13:39 Practical uses of AI
18:01 Beyond Oil and Gas
20:12 Outsourcing
22:50 Training and Funding Programs
25:39 Gap Financing Options
26:09 Flex PACE Interest Buydown
27:23 Grant Myths and Reality
28:43 Personal vs Business Credit
29:51 Bank of North Dakota
32:20 What Regional Councils Do
34:28 Grants and Programs
38:55 SBDC Funding and Structure
40:02 Business Needs
43:05 Bowling Alley in McKenzie County
46:51 Workforce Center Services
49:53 Rural Health Transformation Program
51:50 Wrap-Up