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1.6.Encourage and support programs engaged in employee skills training and <br />displaced worker retraining <br />1.7.Grow the convention and tourism activities and programs operating within St. <br />Joseph County. <br />1.8.Encourage and support international trade activities. <br />2. Targeted Businesses <br />Since the objectives are very broad, there are no common characteristics of the <br />businesses targeted by the business development strategy. Size, age, ownership, <br />management, products, markets, competitiveness, production capacities, and <br />capital are all variable, Characteristics of businesses the IRF may be approached by <br />are, however, more definable, <br />2. I.Existing or new local companies with fewer than 100 employees <br />2.2.Not entirely served or denied by conventional lenders (e.g., lack of adequate <br />collateral, negative net worth, poor or untested management, lack of project <br />equity, unproven market, or lack of a sufficient track record due to the <br />company's age) <br />2.3.Companies relocating their business to South Bend or retaining an existing <br />business. <br />2.4.Start-up firms needing funds for such activities as proving the technology for <br />final product development, proof of commercialization, and initial market <br />targeting that will allow the firms to move on to venture capital financing and <br />eventually to standard bank financing. <br />3. BusinessNeeds <br />3. I.Access to information on markets, government contracts, legislative changes, <br />manufacturing processes, and new technology <br />3.2.Access to capital <br />3.3.Access to management expertise <br />3A.Access to information on available sites and development of new sites <br />3.5.Training and retraining services <br />3.6.Adequate infrastructure <br />7 <br />