NewBo City Market updates: FLO Business Hub, expanded hours, small business award

NewBo City Market
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The NewBo City Market in Cedar Rapids has announced a number of updates, including a new FLO Business Hub, expanded hours and a small business award.

FLO Business Hub provides Fellowship for Launching Opportunities

Launching and sustaining a small business can be a daunting journey, filled with challenges and uncertainties.

As a result, the NewBo City Market is announcing the FLO Business Hub program.

FLO, an acronym for โ€œFellowship for Launching Opportunities,โ€ epitomizes the Marketโ€™s commitment to nurturing entrepreneurial spirit and fostering sustainable business growth. According to a release, the comprehensive six-month program is specifically crafted to equip participants with the knowledge, skills, and resources necessary to thrive in the competitive business landscape.

The program will feature a series of classes led by seasoned professionals, coupled with immersive workshops aimed at refining individual business strategies. Participants can anticipate delving into critical areas such as:

  • Writing an Effective Business Plan: Learn the art of crafting a robust business plan that serves as a roadmap for success.
  • Establishing Banking Relationships and Business Accounts: Navigate the intricacies of financial management and secure vital banking partnerships.
  • Building Brand Identity and Crafting Marketing Strategies: Harness the power of branding and marketing to enhance visibility and attract customers.
  • Developing Pricing Models and Conducting Competitor Analysis: Master the art of strategic pricing and gain insights into competitive positioning.
  • Business Budgeting and Forecasting: Acquire essential skills for financial planning and forecasting to ensure sustainable growth.
  • Navigating Business Licensing Requirements: Navigate the regulatory landscape with confidence and compliance.

In addition to knowledge and skill development, participants of the FLO Business Hub will enjoy an array of exclusive benefits, including:

  • Access to Insider Information: Gain access to invaluable insights and resources from industry experts.
  • Priority Consideration for NewBo City Market Shopkeeper Opportunities: Seize the opportunity to showcase your products at one of Cedar Rapidsโ€™ premier destinations.
  • $20 Discounts on Saturday Guest Vendor Rates: Enjoy reduced rates for showcasing your products and services on Saturdays.
  • Discounted Costs for Culinary Kitchen Use: Access culinary facilities at discounted rates for food-based business entrepreneurs.
  • Monthly Networking Events: Forge meaningful connections and collaborations with fellow entrepreneurs and industry professionals.

The cost to join the cohort is $249 and the first session begins Wednesday, May 8. If cost is a concern, a limited number of scholarships are available upon request.  To sign up, contact Director of Equitable Business Development Matt McGrane at matt@newbocitymarket.com

Market expanding its hours

The NewBo City Market is expanding its hours of operation, beginning May 1.

According to a release, the Market is extending shopkeeper operating hours to better accommodate patronsโ€™ schedules and offer more opportunities for enjoyment.

Starting May 1, NewBo City Market will be open on Wednesdays from 10 a.m. to 8 p.m., and Saturday hours will be expanded until 8 p.m., allowing visitors to explore shopkeepersโ€™ food and shopping offerings well into the evening.

New Market hours as of May 1 are as follows:

  • Monday โ€“ Tuesday: Closed
  • Wednesday โ€“ Saturday: 10 a.m. โ€“ 8 p.m.
  • Sunday: 10 a.m. โ€“ 4 p.m.

The Market is also offering additional bingo dates throughout the month of May, on Wednesdays from 6 p.m. to 7:30 p.m. The bingo events are free to attend, bingo cards will be supplied, and prizes are available to winners.

Luncheon set June 4 for Rooted in Resilience award

The NewBo City Market will host the Rooted In Resilience luncheon Tuesday, June 4 from 11:30 a.m. to 1 p.m. at the Market.

According to Market officials, the luncheon will provide โ€œan afternoon of inspiration and connection as we come together to celebrate our strength and perseverance.โ€

The event will include food, speakers, and a supportive community โ€œas we reflect on our resilience and look towards a bright future.โ€

The annual Rooted in Reslience award will also be presented.

Donโ€™t miss this opportunity to honor resilience in our community with the presentation of our annual Rooted In Resilience Award. We canโ€™t wait to see you there!

Tickets are available at eventbrite.com/e/863252370077 No refunds or exchanges. Ticket sales support the instructor, as well as the nonprofit mission of the NewBo City Market as a small business incubator.