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Who We Are - PowerPoint PPT Presentation

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Who We Are

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  1. WV Development Office Business & Industrial Development Community Development Research & Strategic Planning International Small Business Division Schools, cities and counties WV Small Business Development Centers Other Service Providers Other State Agencies Other States Lenders Federal Agencies Who We Are

  2. What We Do • Financial Packaging • Specialized Consulting and Information • Training Programs

  3. Financial Packaging • Loan Applications • Develop a loan package to take to bank • Work with bank to determine SBA –backed product • Partnership with EDA/SBA 504 • T-Soft program • Financial Analysis • Inmatrix Program • Compares company to industry • Indicates problem areas • “What If” scenarios

  4. Specialized Consulting • For start-up and established clients Marketplan and research Manufacturing assistance Contracting assistance – HUB Zone certification, 8A certification, Veteran owned certification *SBDC Counseling Tip: Coachlink.net reports that a recent Dun and Bradstreet study determined that 90% of small businesses that fail do so because of a lack of skills and knowledge on the part of the owner. Another D&B study showed that more than 90% of small businesses were still in business after five years IF they had the help of a Small Business Development Center (SBDC) or other expert assistance.

  5. Training Programs • Governor's Guaranteed Workforce Program • Must be pre-approved training • Up to $5,000 – reimbursable • Company in business at least 1 year • Going Into Business Workshop • Thriving in a Challenged Economy Workshop

  6. Entrepreneurial Development FAST Entrepreneurs High Growth, Technology-Based, Research, Wealth Growth Rate Small Business Retail, Food, Personal Services SLOW SMALL LARGE Business Size

  7. ABOUT SBIR AND STTR PROGRAMS GRANTS.gov Administered through U.S. Small Business Administration (SBA) Office of Technology - the Small Business Innovation Research (SBIR) Program 11 federal agencies Small Business Technology Transfer (STTR) Program. 5 federal agencies Assisted state-wide through WVDO – Jamie Gaucher WVHTC Foundation, INNOVA Commercialization – Guy Peduto

  8. Current Entrepreneurial Examples • microgravity-based biomanufacturing • “green” data center • robotic pipeline/ tank inspections • nuclear engineering services • biofuels • green building: windmills, solar, geo-thermal • cryogenic-enabled communications systems • stirling engine-based energy systems

  9. Our Regional Approach HANCOCK HIGH TECH CORRIDOR Sharon Stratton West Virginia University Deana Keener Vicki Karickhoff Pierpont CTC at FSU BROOKE Donna Schramm Ed Powell WV Northern CTC Greg Hill WVU-Parkersburg OHIO MARSHALL MONONGALIA WETZEL MORGAN MARION TYLER CAPITOL GROWTH PRESTON BERKELEY PLEASANTS MINERAL TAYLOR JEFFERSON HARRISON HAMPSHIRE DODDRIDGE WOOD Amber Wilson Kathleen Thornton Marshall CTC Kevin Twohig Lisa Gasper Anne Lane Jamie Gaucher Program Lead/ Charleston Center Harold Patterson Southern WV CTC Robin Morgan Stephanie Allen Region 1 Workforce - Beckley GRANT RITCHIE BARBOUR TUCKER WIRT HARDY LEWIS GILMER JACKSON UPSHUR CALHOUN RANDOLPH GATEWAY GROWTH MASON ROANE BRAXTON PENDLETON PUTNAM Chris Lundberg Nancy Ferner Blue Ridge CTC Beth Ludewig Eastern WV CTC WEBSTER CLAY CABELL KANAWHA NICHOLAS POCAHONTAS LINCOLN WAYNE FAYETTE BOONE GREENBRIER MINGO LOGAN WHITEWATER REGION RALEIGH WYOMING SUMMERS MONROE Jim Epling Region 1 Workforce Summersville MCDOWELL MERCER

  10. Business Ask Me! Line 888.982.7232

  11. Contact Information: WV Small Business Development Centers West Virginia Development Office, Small Business Division 888.982.7232 AskMe@WV.Gov