The Small Business Institute Program provides onsite management assistance to small business owners while providing senior-level and graduate students with valuable practical assistance. A community development lender, credit union and real estate developer that works with individuals, organizations and communities traditionally underserved by conventional markets. Sign up for free to unlock access to capital, helpful tools and resources, and to build sustainable growth for your small business. MN-SBIR serves as the state’s focal point to help technology-based entrepreneurs and innovators successfully access federal funding through the Small Business Innovation Research and Small Business Technology Transfer Programs. Learn more about how FundThrough works and why business owners chose invoice factoring to finance their businesseshere.
The Missouri SBDC and BDP is a statewide network which helps businesses succeed in every stage from concept to startup, growth to renewal, maturity to succession. Massachusetts is an attractive and competitive home for a diverse set of industries. By focusing on competitiveness and offering dedicated supports for small businesses, the Baker-Polito Administration seeks to enable robust economic growth across communities, businesses, and sectors. Older entrepreneurs are the majority of small business owners, yet they faced outsized challenges this year, including business closures, depletion of personal assets, and weakened revenue streams.
Why is working capital management important for SMBs?
Taught MBA and undergraduate courses in international trade and marketing research. Over 20 years of senior level management responsibility in a higher education management consulting group. Douglas brings over 35 years of managing international business development activities for various multinational heavy industrial manufacturing companies. Douglas is experienced in strategizing and spearheading new market development initiatives in the industrial sector with a strong focus on leading new strategic initiatives to extend a company’s reach in the global market.
- Commercial loans allow you to spread the cost of a large, expensive piece of equipment, for example, over several years of business operations.
- It’s always a good idea to reach out to one of our Regional Development Officers to talk through your needs and how we could help.
- SBIR Target Technologies Program – Helps high growth companies expand local employment opportunities, promote local manufacturing and commercialization, and stimulate innovation across the Commonwealth.
- Invoice factoring is an effective, inexpensive method of improving liquidity by speeding up your invoice collection cycle and putting money you’ve already earned to work for you sooner.
- A vibrant small and medium-sized enterprise sector is a vital ingredient for a healthy market economy.
Phase II is to expand on the results of and further pursue the development of Phase I. Awards are for periods of up to two years in amounts up to $1,000,000. Phase III is for the commercialization of the results of Phase II and requires the use of private sector or non-SBIR Federal funding. Many small companies are working in areas of technology and conducting research but do not view themselves as being part of the high technology industry. The Pennsylvania Small Business Development Centers have developed a definition of technology, along with a listing of North American Industrial Classification Codes, to assist small businesses in determining their technology niche. Val is a well rounded graphic and web designer who is passionate about user experience and inclusivity in design. Beyond aesthetics, Val believes that great design involves research, critical thinking, and an understanding of who she is designing for.
Traditional lenders will likely want to evaluate your personal credit score as well, while alternative lenders are looking at other factors in evaluating your application. Traditional funders generally want to see that you are an established business with a lengthy, positive business and personal credit history. Alternative funders are open to evaluating your fundability using different criteria. With FundThrough’s invoice factoring service, you are not accumulating new debt. Ourfee structure is simple, with a single 0.5% fee and no interest charges. The repayment schedule spans 12 weeks, and you have the option of reducing the fee with early repayment.
Where can I get emergency funding in a hurry?
Rachael studied Sociology at Kutztown University and then continued to earn a Master’s Degree in Education focusing on Higher Education. She believes in the transformative opportunities that higher education provides to all students but also the impact students leave on the professionals they meet during their college career. At the Pennsylvania SBDC she is able to connect with clients throughout the network to capture special moments in their entrepreneurship journey and works on marketing campaigns utilizing photography, graphic design, and videography. Rachael identifies as a crazy plant lady, Twitter enthusiast, thrifting queen, and lover of adventure. In her free time, you will always find her camera in her hand, and chances are you’ll spot her a mile away in her little yellow Volkswagen Beetle. Lenin Agudo the Director of Widener SBDC. Lenin is a high performance motivator with experience in supporting economic growth for small businesses, government administrations and economic development organizations.