SBDC Network

1. SBDC Network

2. Business support Network

3. 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 Network websites

4. Overview Contents History Core Services SBDC Overview

5. 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 History

6. 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

7. Overview Contents History Objectives Services Offered Enterprise institute Overview

8. 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 History & Objectives

9. 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 EI Services Offered

10. Overview Contents History Core Services SBIR Overview

11. 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 Sbir History & Objectives

12. 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

13. 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 SBIR & STTR operate in 3 Phases

14. 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 SD SBIR Alerting Service

15. Overview Contents Core Services – Contracting Client Composite PTAC Overview

16. 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

17. Overview Contents Core Services – Contracting Client Composite MTS Overview

18. Strategic Objectives Expertise, Resources, Services and More Whether 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-time Fix quality issues Cut costs Develop leadership Develop new customers Expand into new markets Create new products  Increase your profitability and competitiveness Streamline your processes through lean manufacturing techniques Grow your business

19. Dona Leavens 525 University Loop Ste. 102 Rapid City, SD 57701 605-716-0015 dleavens@tie.net South dakota sbdc