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 dleavens@tie.net