DOING BUSINESS IN FORTUNA
The Fortuna Business Improvement District (FBID) and its Board of
Directors work hand in hand with the Chamber of Commerce to improve
business throughout the community. Fortuna welcomes entrepreneurs
considering locating in Fortuna and provides existing businesses with
a variety of assistance.
The City and businesses of Fortuna have maintained a partnership in
the Fortuna Business Improvement District (FBID) since 1990. The
district is a non-profit that markets the business community of
Fortuna through advertising and public relations, helps produce
community events, markets to fill available commercial space and
provides services to help strengthen existing businesses. The
district's activities are run a by a seven member Board of Directors
selected from the business community and a full time coordinator.
The FBID Office also acts as a "first stop" for new businesses and
businesses looking to expand.
The FBID coordinator directs entrepreneurs to sources of funding,
possible locations in Fortuna, government agencies and permitting
required for doing business and helps with ideas to begin promoting
the new or expanded venture
FBID has a number of programs designed to keep businesses healthy
including seminars, a citywide gift certificate, a business to
business guide and a cooperative TV ad program.
Merchants located in "Core Areas" of
Redwood Village and Downtown
have marketing associations that work with FBID to put on retail
events and do advertising for their own shopping and service
destinations.
For information on FBID or merchant groups call 725-9261 or visit
FortunaBusiness.com
The City of Fortuna, through its Redevelopment Agency, operates
economic development programs for the City. The agency has received
statewide recognition on ten occasions for excellence in its projects
since it began in 1989.
The agency has received over $3.7 million in grants to help fund
its economic development programs, has increased City revenues by over
$.4 million per year and helped create 390 new jobs.
The Redevelopment agency offers business loans to help businesses
expand and to assist new businesses in starting up. Projects must meet
qualifications and if a project is able to obtain a loan from a bank
it cannot qualify. Loans in the past have ranged from $5,000 to
$450,000. The borrower must provide security. For information on the
City Redevelopment Agency or the business loan program call (707)
725-7600.