Arkansas State University Small Business and

Technology Development Center

ASU Small Business and Technology Development Center

• Arkansas SBTDC network began in 1979• ASU office opened in 1983• Statewide network of seven university-based offices and

over 950 nationwide• Nationally accredited by the Association of Small Business

Development Centers• Services to new and existing businesses in 15 counties in

Northeast and North Central Arkansas

Services• Business Consulting• Market Research• Training• Innovation-Based Business Assistance

Business Consulting• Business Planning and Financial Projections• Financial Analysis• Loan Packaging• Online and Traditional Marketing• Growth and Expansion• Management and Profitability

Market Research• GIS Mapping• Tapestry Market Segmentation• Demographic Reports• Financial Benchmark Reports• Specialized Industry Research

Training• Starting a Business• Financing• Accounting & Recordkeeping (QuickBooks)• Marketing– Traditional– Online (website and social media)

• Business and Financial Planning• Technology and Innovation

Innovation-Based Business Assistance

• Business Plan Reviews• New Product Development and

Commercialization• SBIR/STTR Outreach and Assistance• Advice on Alternative Capital Sources• Access to Federal Research and Development

ImpactSince 2010:• 89 business starts• $30,334,403 capital raised• 539 jobs created• 646 jobs saved• 304 training events• 3,903 training attendees• 82 student/faculty projects involving 386 students• 30 interns

Partnering with Banks and Lenders• Partnership

– Help each other reach goals– CRA opportunities

• Assist Your Customers– Market research– Reviewing business plans– Financial projections– Preparation and documentation for loan packages

• Referrals– Vetting prospects

Sponsorship and CRA• Sponsor/Host Seminars• Teach Seminars• Marketing Opportunities• Community Reinvestment Act (CRA)

eligible

Contact UsArkansas State University

Small Business and Technology Development Center

(870) 972-3517asusbtdc@astate.edu

www.astate.edu/a/sbtdcwww.facebook.com/ASU.SBTDC

www.twitter.com/asbtdc_asu