Looking for financing for your business?

The Small Business Resource Network (SBRN) Presents: Bagels & Bankers June 3, 20108:30 am to 10:30 amBeaver Street Enterprise Center1225 W. Beaver St.$10 per person – includes bagels! Looking for financing for your business? Need a loan? Ever wonder how SBA loan programs can help your business? Want to know more about the financing options […]

Starting a nonprofit?

The Small Business Development Center will offer a workshop by Kevin Monahan titled “Starting A Successful Nonprofit” from 9 a.m. to noon Friday, May 21, in the University Center. The process of transforming your idea into an operating organization can be complicated. This workshop will provide the information you need to start a nonprofit organization […]

SBDC program a national success

We are proud to report that new research shows the Small Business Development Center/SBDC program generates more revenue — as a result of economic growth — than it costs the government to fund the program. SBDC clients generated $2.72 in federal tax revenues for every $1 the federal government spent. SBDC clients also started 12,000 […]

Michigan credit unions and SBDC partner to help small business.

In cooperation with the Michigan Economic Development Corporation (MEDC) and the Michigan Small Business and Technology Development Centers (MI-SBTDC), more than 30 Michigan credit unions have committed an initial $43 million for small business loans that will benefit more than 2,000 new businesses – and more are expected to join throughout the year. The program […]

Warren Brown from CakeLove and food network’s Sugar Rush coming to UNF!

May 13, 2010UNF University CenterJacksonville, FL This annual luncheon event includes the presentation of the prestigious U.S. Small Business Administration’s Small Business Week and Top Lender awards. The luncheon will be topped off with the amazing story of keynote speaker Warren Brown. Warren Brown is the owner of the Washington, DC-based CakeLove and the host […]

Why small banks are not lending

We had been hearing that banks were not lending because they are under very tight government scrutiny. That seems to be the case based on a great article from USA Today called “Small banks say they can’t win in small-business lending”. According to the article, while Washington continues to urge banks to lend, Bank examiners […]

Small business incentives move to Senate for consideration

There appears to be more small business incentive legislation afoot. It is called the Small Business Infrastructure Jobs Tax Act, which just passed the house on Wednesday. Highlights of the Small Business and Infrastructure Jobs Tax Act include: · Extension of successful Build America Bonds (BABs) · 100 percent exclusion of small business capital gains […]

Startup’s looking to sources other than banks for funding

A recent USA Today article discusses people using their 401K’s to finance their new business. This has always been an option some people have used, but with the paralysis of local banks courting start up enterprises, 401k’s have become an even more important and frequently used option. Along with finding an investor, borrowing from relatives, […]

SBDC’s get their funding…

The Small Business Administration will provide more assistance and capital to small businesses. The FY 2010 Appropriations Bill shows the SBA will receive $824 million which is $212 million above 2009 and $45 million above the request. Highlights include:· Overall Lending: Supports $28 billion in new lending to small businesses· Microlending: $25 million in new […]

Banks Continue to Decrease Small Business Lending

This news came out mid-December, but some of you may have missed it due to the holidays. This article from CNNMoney.com points out that “the 22 banks that got the most help from the Treasury’s bailout programs have decreased their small business lending by a collective $11.6 billion since April, when the Treasury began requiring […]

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