Small businesses learn how to access hard-to-get capital

Seventeen small businesses participate in an Urban League small business conference in Avondale.

Seventeen small businesses participate in an Urban League small business conference in Avondale.

The Ohio Small Business Development Center (SBDC), part of the Urban League of Greater Southwestern Ohio, held another event in its series on access to capital.

Gaining access to capital is one of most challenging and often needed resources for start-up, emerging and established small businesses. The workshop presented a range of capital resources for small business to explore. Participants discussed the importance of developing a business plan to bring business ideas to reality. Post workshop, Ayanna Terry, SBDC business advisor invited her clients and will be working with businesses owners who participated in the workshop.

Seventeen small businesses, ranging from brand new to 2 years old, participated. They represented daycare, home-based wellness, construction, business services and consulting ventures.

Seven featured speakers presented to the group in late June.

The U.S. Small Business Administration (SBA) is a primary funder of the SBDC at the Urban League of Greater Southwestern Ohio.

The recent event is just one of many held throughout Ohio to help small businesses.

July 31, 2015 – The Warren County SBDC is hosting Making the Perfect Pitch in Lebanon. This FREE event will cover a variety of topics including creative presentations, understanding your client’s profile, talking to the right person, getting a yes, and much more. To register, please visit here.

August 4, 2015 – The Small Business Hub at the Wright Brothers Institute will be hosting a Collider event on Technical Data Rights in Dayton. This workshop will cover intellectual property rights as they relate to government contracts, including the various types of rights the government acquires and when it acquires them. To register, please visit here.

August 5-6, 2015 – The SBDC at Wright State will be hosting Boots to Business – Military Veteran and Spouse Entrepreneur Class in Fairborn. This FREE workshop will educate attendees on the details of small business ownership as a key opportunity for service members, veterans, and their spouses. To learn more and to register, please visit here.

August 6, 2015 – Women Impacting Public Policy and the Small Business Administration (SBA) will be hosting ChallengeHER Cincinnati in Cincinnati. This event assists woman business owners in understanding the Women Owned Small Business (WOSB) Federal Procurement Program. To register, please visit here.

August 12, 2015 – The Small Business Hub at the Wright Brothers Institute will be hosting a Collider event on Corporate Innovation Strategies in Dayton. This FREE event will present effective techniques for companies wanting to improve their own new product/service development performance. To register, please visit here.

August 13, 2015 – TechGrowth Ohio will be hosting Trade Show Training in Athens. This FREE workshop will cover various topics including setting measurable objectives, preparing for the show, selecting and training booth staff, and following up on leads. To register for this FREE event, please contact Trenia Twyman.

August 24, 2015 – The U.S. Small Business Administration (SBA) will be conducting a HUBZone Bootcamp in Hamilton. This FREE event is designed to introduce businesses to the program, help determine eligibility, and support participation in the program. To register, please contact Jill Nagy-Reynolds at 614-469-6860 ext. 247.

August 25-27, 2015 – The U.S. EPA in cooperation with the Association of State Drinking Water Administrators (ASDWA) will be hosting the 12th Annual Workshop on Drinking Water Compliance Challenges and Solutions in Cincinnati. This FREE event provides timely information on a variety of drinking water topics including drinking water regulations, compliance issues, emerging contaminants, and treatment technologies. Registration details are forthcoming.

August 25-26, 2015 – The Dayton Development Coalition and the Association for Unmanned Vehicle Systems International (AUVSI) will be hosting the Ohio UAS Conference in Dayton. This event is a forum to establish UAS community partnerships between representatives from government, industry and academia. To learn more and to register, please visit here.

August 28, 2015 – The Office of Business and Community Services at Kent State – Tuscarawas will be hosting Lean Strategies and Tools in New Philadelphia. This FREE workshop will educate attendees on lean strategies and tools that can save an organization money. To learn more and to register, please visit here.

September 1, 2015 – The U.S. Small Business Administration (SBA) will be conducting a HUBZone Bootcamp in Wilmington. This FREE event is designed to introduce businesses to the program, help determine eligibility, and support participation in the program. To register, please contact Jill Nagy-Reynolds at 614-469-6860 ext. 247.

September 9-11, 2015 – The SBDC at Wright State will be hosting Lean Six Sigma Green Belt for Small Business in Fairborn. This FREE event will educate attendees on the vocabulary, methods, and tools used to drive faster and better processes. To learn more and to register, please visit here.

September 10, 2015 – The Women’s Business Center of Ohio will be hosting an In the Company of Women Lunch in Columbus. The topic for this luncheon is Lessons In Leadership: The Business Imperative of Brand and will feature a marketing executive with over twenty years of industry experience. To learn more and to register, please visit www.wbcohio.org.

September 14, 2015 – The U.S. Small Business Administration (SBA) will be conducting a HUBZone Bootcamp in Milford. This event is designed to introduce businesses to the program, help determine eligibility, and support participation in the program. To register, please contact Jill Nagy-Reynolds at 614-469-6860 ext. 247.

September 18, 2015 – The ITAC at Wright State will be hosting US EAR and ITAR-related Control Requirements for Commodities and Defense Articles in Fairborn. This program will discuss the ruls and regulations enforced by ITAR, EAR, and OFAC, with examples of real-life compliance situations. To learn more and to register, please visit here.

September 21, 2015 – The U.S. Small Business Administration (SBA) will be conducting a HUBZone Bootcamp in Georgetown. This FREE event is designed to introduce businesses to the program, help determine eligibility, and support participation in the program. To register, please contact Jill Nagy-Reynolds at 614-469-6860 ext. 247.

September 23, 2015 – The SBDC at Wright State will be hosting Franchising 101 in Fairborn. This workshop will cover various topics including benefits of franchising, finding the right franchise, and concept options. To learn more and to register, please visit here.

September 24, 2015 – The District Export Councils of Ohio will be hosting Export Controls: Awareness and Application in Independence. This one-day program will the cover information exporters need to know to comply with US export control requirements on commercial goods. To learn more and to register, please visit www.ohiodec.org/events.aspx.

Small Business Development Series

The Small Business Administration (SBA) in conjunction with the Ohio Small Business Development Centers (SBDC), SCORE, Ohio’s Minority Business Enterprise Division, and other local partners are offering a FREE 6 month resource training seminar series. Each individual seminar is designed to enhance the setup and/or growth of your small business concern. These seminar series will be offered in Cincinnati, Columbus, Lima, and Zanesville. To register, please contact:
• Cincinnati – https://clients.ohiosbdc.ohio.gov/center.aspx?center=17052&subloc=0
• Columbus – Robin Wotring at (614) 469-6860 ext. 282
• Lima – Beth Sanders or (419) 995-8464
• Zanesville –Beth Hampp at (740) 588-1207

USDA Rural Development Business & Cooperative Programs

As the economy continues to improve and drive capital investment by companies, the USDA Rural Development Business & Industry (B&I) Loan Guarantee should be considered as an option when looking to assist rural businesses with their long term business investments. The B&I loan guarantee program can offer attractive long term financing options for real estate purchases and improvements, machinery & equipment purchases, term working capital and debt refinancing. Loan guarantee funding is currently available for these projects. The Ohio Rural Development Business Program staff can help you walk through the benefits and the requirements for this loan guarantee program should you have questions.

Michael Rutherford, michael.rutherford@oh.usda.gov 740-373-7113 ext. 206
Debbie Rausch, deborah.rausch@oh.usda.gov 614-255-2425
Randy Monhemius, randy.monhemius@oh.usda.gov 614-255-2424
Christie Hooks, christie.hooks@oh.usda.gov 614-255-2397
Cindy Musshel, cindy.musshel@oh.usda.gov 614-255-2427
Jennifer Brown, Jennifer.Brown@oh.usda.gov 614-255-2423
Jeremy Laws, Jeremy.Laws@oh.usda.gov 614-255-2426

SBA webinars and events: For an updated list of SBA webinars and events for Ohio, please visit here. Topics include healthcare, contracting, financing, and more.

Small Business Seminars: The Ohio Small Business Development Centers (SBDC) offer many seminars and workshops to small businesses throughout Ohio. Topics include certifications, mentoring, social media, business strategy, finance, and more! To learn more about these events, please visit here.

Upcoming International Trade Missions and Webinars: The Ohio Development Services Agency and the U.S. Department of Commerce provide numerous opportunities to companies interested in participating in international trade missions. To see a list of upcoming missions through the State of Ohio, please visit here. To see a list of upcoming trade missions through Commerce, please visit here and for upcoming webinars, please visit here.


These Companies are Transformational Supporters of the Urban League’s Corporate Heritage Annual Giving Program.