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Regional Development, Small Business Support Take Center Stage at Palmyra Chamber Meeting

By Ella Aguilar
PALMYRA, MO — The Chamber of Commerce met on May 12, 2026, in the Coles Hearth Room, where members heard presentations on small business support, entrepreneurship, and regional
development efforts across the tri-state area.
Chris Miller, Business Counselor with the Hannibal Regional Economic Development Council (HREDC) and America’s SBDC Missouri Small Business Development Center, spoke about the
services available to local businesses and entrepreneurs throughout the region.
Miller explained that the SBDC at HREDC serves clients in Clark, Lewis, Marion, Monroe, Ralls, Shelby, and Pike counties by providing no-cost, one-on-one counseling for businesses with fewer than 500 employees.
“We help entrepreneurs starting new businesses and existing business owners planning for growth or transition,” Miller said.
The organization offers assistance in several areas, including business plans, financial projections, business valuation, succession planning, e-commerce, start-up assistance, market research, and digital marketing.
In addition to counseling, the SBDC also provides training opportunities on topics such as financial projections and loan readiness, utilizing marketing channels, and goal setting and execution.
The meeting also included a presentation from Shawn Freeman of Culver-Stockton College regarding the Tri-State Development Council’s “1 Million Cups” project.
Freeman explained the concept behind the program, saying that starting a business can feel like it takes “one million cups of coffee,” and the initiative’s goal is to help shorten that process by connecting entrepreneurs with community support and resources.
The group plans to meet weekly while rotating locations throughout the region. During meetings, entrepreneurs discuss their businesses, challenges, and results while community members collaborate to help solve problems and build connections.
Freeman said the next meeting will feature a local collegiate baseball team seeking ideas to make games more family-friendly.
The Tri-State Development Council continues to focus on bringing people together across 42 counties spanning Northeast Missouri, Southeast Iowa, and Southwest Illinois. Representatives
discussed how multiple communities and committees are working together to strengthen the region and improve the quality of life.
One area of discussion focused on childcare and education. Representatives noted that Iowa is moving toward placing four-year-olds into public school programs, while Illinois has already
implemented similar initiatives.
The organization also highlighted several active committees, including the Policies and Regulation Committee, the Road and Rail Committee, which is currently discussing the Hannibal Expressway, and the Rural and Attraction Committee, which focuses on attracting
people to rural communities.
One example shared involved encouraging university students in the region to consider living and working locally after graduation.
The Tri-State Development Summit is scheduled for Oct. 7-8 in Macomb, Illinois.