SBTDC-West Plains
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The Small Business & Technology Development Center (SBTDC) in Missouri aims to support small business growth and entrepreneurship by providing assistance, training, and resources. Small businesses represent a significant portion of the U.S. economy, contributing to job creation and output, with a diverse demographic of business owners. The SBTDC's mission includes enhancing the competitiveness of small businesses in Missouri through various educational and technical services.
SBTDC-West Plains
- 1. Small Business & Technology Development Center (SBTDC) Transforming Missouri Businesses
- 2. Small Businesses Makeup • 99.7% of U.S. employer firms • 63% of net new private-sector jobs • 48.5% of private-sector employment • 42% of private-sector payroll • 46 % of private-sector output • 37% of high-tech employment • 98% of firms exporting goods • 33% of exporting value
- 3. Small Business Facts • Over ¾ of small businesses are non-employers • 60% of net new jobs created are from existing businesses; 40% from churn of startups minus closures • 10-12% firms with employees open & close each yr. • ½ new establishments survive 5 yrs; ⅓ survive 10+ yrs • 52% home-based (24% employers; 63% non- employers) • 22.3% federal contracting dollars to small businesses • Of high patenting firms, small businesses produce 16 times more patents per employee
- 4. Small Business Demographics • 36% women business owners • 15% non-white business owners • 10% Hispanic business owners • 9.1% veteran business owners • Self employment of individuals under age 25 decreased 23% while those age 65+ increased over 66% from 2002 to 2013
- 5. Small Business Administration (SBA) Local Resource Partners • Service Corps of Retired Executives (SCORE) • Small Business Development Centers (SBDCs) • Women’s Business Centers • Export Assistance Centers • Veteran Business Outreach Centers • Procurement Technical Assistance Centers • Minority Business Development Centers • Small Manufacturing Businesses-Training & Assistance Program (Manufacturing Extension Partnership)
- 6. SBA Office of Small Business Development Centers’ Mission The Mission of the Office of Small Business Development Centers is to promote entrepreneurship, small business growth and the US economy by providing the critical funding, oversight and support needed by the nationwide network of Small Business Development Centers.
- 7. SBTDC Structure • Most states have one “Lead Center” per state • The Lead Center for Missouri is MU Extension; our state SBTDC office is located in Columbia, MO • Missouri State University is a SBTDC Host Institution • The Missouri SBTDC statewide network is an accredited member of the America’s SBDC network
- 8. Missouri Business Development Program Mission The SBTDC contributes to the growth of Missouri’s economy by improving the competitiveness of small businesses through education, technical assistance and coaching. http://missouribusiness.net
- 9. MBDP Regional Offices • Howell County Extension SBTDC/PTAC Willis Mushrush, Business Development Specialist & Procurement Specialist 217 S. Aid Ave, West Plains, MO 65775 417-256-2391 | mushrushw@missouri.edu http://missouribusiness.net/ptac • MSU West Plains SBTDC Bronwen Madden, SBTDC Coordinator & Business Development Specialist 110 Saint Louis Street, West Plains, MO 65775 417-255-7966 | BronwenMadden@missouristate.edu http://wp.missouristate.edu/ucp/sbtdc.htm
- 10. SBTDC-West Plains Service Area • Douglas County • Howell County • Oregon County • Ozark County • Shannon County • Texas County • Wright County
- 11. SBTDC Client Process Existing Client in our Neoserra SBTDC client database? YES Schedule Appointment(s) Register for Training Seminars Complete Client Statistical Updates NO Recommend Start-Ups Attend Start-up Business Training Event Schedule Appointment(s) Register for Training Seminars Complete Client Statistical Updates Clients remain active 3 years from last appointment. Receive Welcome Folder; Fill out Client Assessment & SBA Form 641
- 12. Small Business & Technology Development Centers (SBTDC) • What We Do: Provide management assistance to small business owners in the form of one-on-one counseling, training seminars, assistance with SBA loans and technical assistance. • Who We Serve: Anyone who is interested in starting a small business or in expanding an already existing business (for profit) is eligible to use SBTDC services. • What We Don't Do: No financing, tax or legal advice.
- 13. Electronic SBA Form 641 (eCenter)
- 14. SBTDC Annual Impact Goals • Fiscal Year: October 1st to September 30th • SBTDC Program Metrics: – Total Clients Served (including long-term clients/5+ hours) – Number of New Business Starts – Capital Injection (business loans and investments) – Sales Increase – Jobs Created and Retained – Number of Training Events – Number of Training Attendees – Program Income – Third Party Endorsements
- 15. Contact Us! Small Business & Technology Development Center (SBTDC) University/Community Programs Missouri State University – West Plains Bronwen Madden, Coordinator Naomi Minahan, Business Assistant Located at the West Plains Civic Center, 2nd Floor 110 Saint Louis Street, West Plains, MO 65775 Phone (417) 255-7966 | Fax (417) 255-8799 wpsbdc@missouristate.edu http://wp.missouristate.edu/ucp/sbtdc.htm