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Category: Member News

Learn who’s growing, changing, moving and more! Stay on top of what’s new with your neighboring businesses. We share news releases and announcements from your peers in the Madison area. Want to toot your own horn? Use our Submit Member News form to share your own stories.

Photo by Richard Hurd

Bank of Sun Prairie’s Customer Just for Me Family Center Awarded $25,000 Grant

FOR IMMEDIATE RELEASE
January 19, 2024

Contact: Jimmy Kauffman, President and CEO
608.837.4511 ● jimmy.kauffman@bankofsunprairie.com

Bank of Sun Prairie’s Customer Just for Me Family Center Awarded $25,000 Grant
FHLBank of Chicago’s Community First Accelerate Grant Benefits Local Small Business

Sun Prairie, Wis. bankofsunprairie.com — Just for Me Family Center based in Sun Prairie was awarded a $25,000 Community First Accelerate Grant for Small Business by the Federal Home Loan Bank (FHLBank) of Chicago offered to Bank of Sun Prairie small business customers.

Established in 2005, Just for Me Family Center is a family-oriented childcare center and pre-school with specialization in early childhood and infant care. Just for Me Family Center Owner Melissa Wayland intends to use the funds for building new fencing structures in the outdoor play area and making additional upgrades and repairs inside the building constructed in 1974. Wayland shared, “Bank of Sun Prairie is a real partner who stands by your side. This grant award would not have happened without them. We are eternally grateful to Bank of Sun Prairie and FHLBank for these critically needed dollars. Our kids will benefit in the end.”

“It is wonderful Just for Me Family Center received this grant award from FHLBank of Chicago,” shared Chris Cox, Bank of Sun Prairie’s senior vice president, chief business banking officer. “Bank of Sun Prairie values our membership in the FHLBank of Chicago. Their focus on strengthening small businesses and lifting up our local communities directly aligns with our tireless work to do the same right here in our backyard.”

About the Federal Home Loan Bank of Chicago

FHLBank Chicago is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions, with a focus on providing solutions that support the housing and community development needs of members’ customers. FHLBank Chicago is a self-capitalizing cooperative, owned by its Illinois and Wisconsin members, including commercial banks, credit unions, insurance companies, savings institutions, and community development financial institutions. To learn more about FHLBank Chicago, please visit fhlbc.com.

About Bank of Sun Prairie

Bank of Sun Prairie is a locally owned, full-service community bank with $719.3 million in assets and five locations in Sun Prairie and Cottage Grove, Wis. Its mission is to be trusted advisor for families, businesses and communities offering a complete range of services, while delivering fair returns for stockholders. Member FDIC. Equal Opportunity Lender.

Photograph: Bank of Sun Prairie’s Rob Stelzer and son; and Just for Me Family Center Owner Melissa Wayland.

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Photo by Richard Hurd

Level Set by StartingBlock: Validate Your Business Model

Don’t navigate the startup world alone. StartingBlock’s Level Set program is an intense 6 week program designed to help you explore and validate a business model.  Offered 6x per year, we help you explore the pros and cons of different business models, model revenue and get real world feedback on your business ideas.

This program is for you if you:
— want to explore a business idea
— are thinking about starting a company
— have a side hustle you want to take full time
— are thinking about quitting your day job and going out on your own
— are a student with a great business idea
— a faculty member who has never thought about running a business

SCHEDULE FOR 2024
— February 21 – Mar 27 StartingBlock Wednesday 6pm – 7:30pm
— April 10 – May 15 Virtual Wednesday 6pm – 7.30pm
— June 1 – July 6 StartingBlock Saturday 9am – 10:30am
— July 24 – Aug 28 StartingBlock Wednesday 1pm – 2.30pm
— Sept 7 – Oct 12 StartingBlock Saturday 6pm – 7:30pm
— Nov 6 – Dec 18 StartingBlock Wednesday 6pm – 7:30pm

PROGRAM BENEFITS
— Tolls and techniques to rapidly validate your business model
— Access to StartingBlock member benefits, including 90% discount on Hubspot CRM and over $1m in pre-negotiated discounts
— Regular access to StartingBlock staff and connections to their network of mentors and experts

Apply here

Photo by Richard Hurd

Lake Ridge Bank: 2024 Crop Insurance Info Meetings Help Local Farmers Understand Coverage Options

FOR IMMEDIATE RELEASE

2024 Crop Insurance Info Meetings Help Local Farmers Understand Coverage Options
Meetings Held January 24 and February 9

January 17, 2024, EVANSVILLE, Wisconsin— The deadline to purchase or make changes to crop insurance for the 2024 growing season is March 15. To help local farmers fully understand their options, Lake Ridge Bank invites farmers to attend one of two Crop Insurance Info Meetings held in late January and early February.

Wednesday, January 24 at 10:00 AM

Rex’s Innkeeper, 301 N. Century Ave.

Waunakee

Friday, February 9 at 10:00 AM

Red Barn Tavern & Banquet Hall, 7530 N. County Rd M

Evansville

This is a FREE public event and includes lunch. You do not need to be a customer of Lake Ridge Bank to participate. Each info meeting begins at 10:00 AM, with a complimentary lunch served after the presentation. Space is limited, so anyone interested should email kklitzman@lakeridge.bank or call 608-490-2225 to reserve a spot.

The meetings will be hosted by the Lake Ridge Bank Agricultural Team. Topics covered at each meeting include:

  • FSA Updates: Local FSA staff will share what’s new in government programs
  • 2024 Crop Insurance Updates: Tips for evaluating your coverage as the cost to grow a crop continues to rise, with information on how to customize your policy to fit the specific needs of your operation

In addition, each meeting will feature a local expert to provide a commodity update:

“Like most business owners, farmers appreciate guidance on how to best tailor benefits to fit their unique needs,” says Jessica Sarbacker, who leads the bank’s crop insurance team. “The program options can be overwhelming, so we are here to answer questions, share insights, and help farmers determine the best path forward for their farm business.”

Disclosures:  This entity is an equal opportunity provider. Insurance contracts are products of the Insurance Agency and are:

— Not FDIC Insured
— Not Bank Guaranteed
— Not a Deposit
— Not Insured by any Federal Government Agency

# # #

Lake Ridge Bank’s mission is to “create extraordinary banking experiences where everyone prospers.” For more than 100 years, this has meant getting to know each of our clients to offer personalized services to meet their specific financial goals. Lake Ridge Bank offers a full line of financial products and services. We focus on offering products and services to make your banking easy. Our business banking and mortgage lenders are trusted leaders in their field with the expertise to provide the right loan at the best rate possible for our clients. As a community bank, we are dedicated to reinvesting in, and making our communities great places to live, work and raise a family. Visit lakeridge.bank to learn more about how we can help you. Member FDIC

Lake Ridge Bank. Go Far. Go Together!

For additional information, please contact Mark Schellpfeffer at mschellpfeffer@lakeridge.bank.

Photo by Richard Hurd

StartingBlock Madison: Madworks Winter 2024 Applications Close FRIDAY!

January 17, 2024

There only 2 days left to apply for the Madworks Winter 2024 Cohort.

  • Applications are open through January 19th
  • We help founders create a strong, sustainable foundation for their growing companies
  • Get your strategic financials in order, learn to run an effective board meeting, tackle legal issues, build strategic financial acumen – all while working with experienced mentors and Madworks + StartingBlock staff
  • Companies must be based in WI

SCHEDULE FOR WINTER 2024

  • February 14 – April 25 (10 weeks of programming)
  • Weekly group meeting on Wednesday afternoons
  • Individual team meetings on Thursday afternoons

PROGRAM BENEFITS

  • $6,500 in grant funding per participating team
  • 1 year membership to StartingBlock (24×7 access), with an exclusive space at StartingBlock dedicated to Madworks companies
  • Access to StartingBlock member benefits, including 90% discount on Hubspot CRM and over $1m in pre-negotiated discounts
  • Regular access to Madworks & StartingBlock staff and connections to their network of mentors and experts

LOCATION

StartingBlock, 821 East Washington, Madison

MORE INFORMATION 

Expectations and further details are available on our website at startingblockmadison.org. Contact the StartingBlock Program staff with questions or to learn more: programs@startingblockmadison.org

Photo by Richard Hurd

Midwest Mujeres: Empowering Dreams and Forging Connections

At “Roscas y Reynas,” our recent event held at StartingBlock Madison, the air was inspiring as over 50 entrepreneurs of color gathered to connect, share their stories, and celebrate successes. The event was a unique blend of cultural tradition and networking and provided a platform for these vibrant entrepreneurs to showcase their achievements and discuss the challenges they’ve overcome on their journey.

Latina and Black women entrepreneurs from Wisconsin

Networking Beyond Boundaries

The heartbeat of “Roscas y Reynas” was in the vibrant exchange of ideas and experiences among entrepreneurs from diverse backgrounds. Attendees engaged in meaningful conversations, fostering connections that extended beyond the event itself. The room was filled with the energy of collaboration as entrepreneurs shared insights, advice, and resources, creating a supportive network that transcended industries and backgrounds.

Stories of Triumph and Resilience: Latina and Black women entrepreneurs

The highlight of the evening was the compelling stories shared by entrepreneurs of color who took the stage to talk about their challenges and triumphs. From navigating the complexities of entrepreneurship to overcoming systemic barriers, each narrative resonated with authenticity and resilience.

our speaker flyer highlight each speaker at our event

Gloria Reyes, the first Latina to run for City Mayor, shared her journey of breaking glass ceilings, while Shibon Evans, a Hip Hop artist and entrepreneur, spoke passionately about the power of creativity in business.

Sarah Branch talked about the evolution of her business and gave us a call to action for more unity between Black and Latinas in the community. Duha Jamal discussed how the war in Gaza provoked people to cancel orders for her catering business. Despite these challenges, she is determined to continue in her business.

A Spotlight on Success

Dean Health Care, and FoodFight, our event sponsors, played a crucial role in sweetening the evening. UNIDOS, a local non-profit organization working against domestic violence in the Latino community in Wisconsin, Melanie Hernandez, a local Latina author, and Alkeme Brand held space as community supporters. Photography was provided by Talia Photography.

The Hot Chocolate Bar with Roscas provided a tasty and cultural networking backdrop, adding warmth to the gathering. As entrepreneurs savored the delicious Kings Cake, connections flourished, and the room echoed with the spirit of celebration. We are thankful to Dulce from Paradise Ice Cream for making the chapurrado.

Roscas
Latina women pouring champurrado

Dream Board: Aspirations Shared

our dream board

The Dream Board activity offered a unique opportunity for entrepreneurs to visualize their dreams and articulate how they could contribute to others’ success. It became a collaborative space where dreams were shared, supported, and reinforced the sense of community that defines “Roscas y Reynas.”

Capturing the Moment

The event concluded with a group picture, immortalizing the shared moments of inspiration, collaboration, and connection.

We are very grateful for local media support like La Comunidad News and Madison365.

Conclusion: A Celebration of Diversity and Resilience

“Roscas y Reynas” transcended the traditional networking event, becoming a celebration of diversity, resilience, and shared dreams. The event’s success lies in the lasting connections formed and the stories that will continue to inspire future generations of entrepreneurs of color.

As we reflect on this unforgettable evening, we extend our gratitude to all the Brown, Black, International, Latina, immigrant, and new women entrepreneurs, sponsors, and supporters who made “Roscas y Reynas” a resounding success.

Together, we continue to build bridges, break barriers, and celebrate the richness of entrepreneurship in all its forms.