SBDC NETWORK
BUSINESS SUPPORT NETWORK
NETWORK WEBSITES
Updated – Separated - Linked www.usd.edu/sbdc www.usd.edu/sbir www.usd.edu/ptac www.usd.edu/mts www.sdei.org
One-stop business consulting
SBDC OVERVIEW
Overview Contents•History•Core Services
SBDC HISTORY
Small Business Development Centers (Accredited) A grant program in existence since 1979, with approximately 1,100
offices throughout the 50 states, D.C., Guam, Puerto Rico and other US Territories.
Provides free and confidential consulting to existing and start-up businesses
Provides free or low cost training
South Dakota Small Business Development Center Partnership since 1985 between the SBA, the University of South
Dakota and the South Governor’s Office of Economic Development 8 offices state-wide with 12 consultants (Sioux Falls, Rapid City,
Aberdeen, Watertown, Yankton, Pierre, Brookings and Vermillion) Over 8,000 hours of consulting to more than 1,500 entrepreneurs
every year. Clients have injected over $654 Million in Capital into businesses in
the last 10 years, creating or retaining over 800 jobs annually
SBDC CORE SERVICES
Assistance with research, planning and budgeting Developing & reviewing business plans Providing research information & sources
of information Developing financial projections based on
clients information and industry standards Facilitating contact with other resource
providers & other agencies
ENTERPRISE INSTITUTE OVERVIEW
Overview Contents•History•Objectives•Services Offered
EI HISTORY & OBJECTIVES
The Institute was started in 2001 and has offices in Brookings and Sioux Falls.
The Enterprise Institute is a private, non-profit 501(c)3 corporation that provides business development and commercialization services to researchers, inventors and start-up companies in the region.
The Institute provides confidential and free consulting through the Small Business Development Center and offers specialized fee-based services to entrepreneurs seeking equity financing and to researchers and inventors that need preliminary commercialization assistance.
EI SERVICES OFFERED
Inventors Feasibility Analysis Preliminary Competitive Analysis Preliminary Patent Search
Entrepreneurs Seeking Equity Financing Business plan review & scrub Presentation preparation Assistance navigating equity process
Equity Financing Defined Equity = Ownership (vs debt) Types of equity investors Founders Angel investors (solo & groups) Venture capital
SBIR OVERVIEW
Overview Contents•History•Core Services
SBIR HISTORY & OBJECTIVES
The SBIR program was created by congress in 1982
South Dakota SBIR program assists small businesses and entrepreneurs to identify and apply for federal grant opportunities to develop innovative new products and processes. Reserves 2.5% of Federal research dollars for small businesses
State Technology Transfer (STTR) Reserves .3% of federal research dollars
Supports high tech entrepreneurs with early seed-stage capital
Protects intellectual property rights
Enhances the research needs of our country
PARTICIPATING DEPARTMENTS & AGENCIES
Departments Defense Health & Human
Services Energy Homeland Security Agriculture Commerce Education Transportation
Agencies Environmental
Protection Agency National Aeronautics
Space Agency National Science
Foundation
SBIR & STTR OPERATE IN 3 PHASES
Research Funds Available
Phase I – ($70,000 - $150,000) Concept Feasibility Study
Phase II – ($275,000 - $750,000) Prototype development and testing
Phase III – ($50,000 - $500,000 match) Commercialization Assistance Programs
SD SBIR ALERTING SERVICE
SDSBIR e–Newsletter (monthly) Upcoming solicitations, SBIR granting writing workshops,
and SBIR seminars with Agency Program Managers
SDSBIR Website Links to Agency Solicitations, Sample proposals, Seminars,
Workshops, and Business Assistance Organizations
One-on-One Assistance Proposal Coaching Proposal Review Service
PTAC OVERVIEW
Overview Contents•Core Services – Contracting•Client Composite
CORE SERVICES-GOVERNMENT CONTRACTING
One-on-One counseling Starting in Contracting
Assisting with registrations Locating potential opportunities
Assisting with proposals/bids Identifying
specs/drawings/compliance Contract clauses and
requirements. Assisting during award
Identifying potential subcontractors
Review & assist w/modifications Post Award Assistance
Invoicing - Wide Area Workflow ARRA and FFATA reporting Getting paid!!
Training Working with State,
Local and Federal Government Agencies Procurement Fair
Specific issues (i.e. Quality, WAWF, RFID, CCR, etc.) Quality workshop Webinars on WAWF and
RFID
MTS OVERVIEW
Overview Contents•Core Services – Contracting•Client Composite
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STRATEGIC OBJECTIVES Expertise, Resources, Services and MoreWhether you want to transform your organization from a traditional manufacturing environment to a world-class enterprise or just tackle a specific opportunity, MTS can provide real-world knowledge and expertise to get the job done. MTS helps you:Customize solutions to become more productive or deliver on-timeFix quality issuesCut costsDevelop leadershipDevelop new customersExpand into new marketsCreate new products Increase your profitability and competitivenessStreamline your processes through lean manufacturing techniquesGrow your business
SOUTH DAKOTA SBDC
Dona Leavens 525 University Loop Ste. 102 Rapid City, SD 57701 605-716-0015 [email protected]