Empowering Rural Entrepreneurs: The Driftless Makers Podcast Connects and Inspires

Kate Koziol’s Driftless Makers Podcast supports rural entrepreneurs by providing a platform for connection and inspiration in the challenging world of business.

Starting a business is a daunting task, and for rural entrepreneurs, the challenges can feel even more isolating. Kate Koziol, the executive director of the Platteville Business Incubator, understands this struggle all too well. In an effort to connect and empower rural entrepreneurs in the Driftless Area, Koziol launched the Driftless Makers Podcast. Through interviews with startup and business owners in the region, the podcast offers a sense of community and support to those who often feel alone in their entrepreneurial journey. In a recent interview on Wisconsin Public Radio’s “The Morning Show,” Koziol shed light on the challenges and opportunities for economic development in rural areas like the Driftless Area.

Overcoming Skill Gaps with the Platteville Business Incubator

One of the biggest challenges facing entrepreneurs, regardless of their location, is the need for expertise in multiple areas. Koziol explains that most entrepreneurs excel in two or three aspects of business but lack the necessary skills in other areas. The Platteville Business Incubator aims to bridge this gap by providing support and resources to help entrepreneurs develop a well-rounded skill set. By offering guidance and mentorship, the incubator ensures that businesses have the tools they need to thrive.

Balancing Work and Life as an Entrepreneur

The image of a startup founder working around the clock is a common one, but Koziol emphasizes the importance of maintaining a healthy work-life balance. While it’s true that entrepreneurs often carry their ideas with them outside of traditional working hours, setting boundaries and allowing for time away from work can actually lead to better solutions. Koziol encourages entrepreneurs to free up their time and embrace moments of relaxation and reflection, as they often spark new ideas and strategies.

Workforce Shortages and Entrepreneurship

Workforce shortages, lack of childcare, and limited affordable housing are challenges that many rural areas face. However, Koziol believes that starting a business in a rural area can actually make it easier to find employees initially. With smaller operations, entrepreneurs may only need a handful of employees, making it less daunting to find the necessary workforce. Additionally, the Platteville Business Incubator offers onsite childcare, providing a solution for entrepreneurs who may struggle to find reliable childcare options.

The Platteville Business Incubator: A Space for Growth

Koziol describes the Platteville Business Incubator as more than just a physical space. While it offers small offices and larger manufacturing spaces for rent, the true value lies in the community and mentorship it provides. In addition to the Driftless Makers Podcast, the incubator hosts mash-ups, where entrepreneurs can connect, share ideas, and seek advice from their peers. This sense of community and support is invaluable for rural entrepreneurs who often lack access to a network of like-minded individuals.

Funding and Access to Capital

Access to capital is a common hurdle for startups, but Koziol and her team have implemented several programs to address this issue. The incubator runs revolving loan programs, providing gap funding opportunities for businesses. With $1.8 million available, entrepreneurs have a chance to secure the funding they need to get their ideas off the ground. Additionally, the incubator works closely with the local accelerator, IDEA Hub, to connect entrepreneurs with investors and other interested parties. By facilitating these connections, Koziol ensures that good ideas have a chance to secure the necessary funding for success.

Conclusion:

Kate Koziol’s Driftless Makers Podcast and the Platteville Business Incubator are empowering rural entrepreneurs in the Driftless Area. By creating a sense of community and support, Koziol is bridging the gap between rural entrepreneurs and their urban counterparts. Through mentorship, resources, and networking opportunities, Koziol and her team are helping rural entrepreneurs overcome challenges and achieve success. The Driftless Makers Podcast serves as a reminder that no matter where you are, the entrepreneurial journey is one of continuous learning and growth, and with the right support, rural entrepreneurs can thrive.