2010 sau state summary1


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2010 sau state summary1

  1. 1. Arkansas Small Business and Technology Development Center2010 State Summary<br />
  2. 2. Arkansas Small Business and Technology Development Center<br />ASBTDC began in 1979<br />Statewide network of 7 university-based offices<br />Services to new and existing businesses<br />National network of more than 1,000 SBDC offices<br />Nationally accredited by the Association of Small Business Development Centers<br />Jason Sessions<br />Triple J Flying Service<br />
  3. 3. ASBTDC Statewide Network<br />
  4. 4. ASBTDC Statewide Network<br />UAF ASBTDC<br />ATU ASBTDC<br />HSU ASBTDC<br />ASU ASBTDC<br />UAM ASBTDC<br />SAU ASBTDC<br />UALR ASBTDC – Lead Center<br />Office Location<br />
  5. 5. ASBTDC Services<br />Services:<br /><ul><li>Consulting
  6. 6. Training
  7. 7. Market Research and GIS
  8. 8. Technology and Innovation</li></ul>Businesses Served:<br />Established Businesses<br />New Businesses<br />Business Purchases<br />Innovation-Based Businesses<br />Ann Martin<br />Ann’s Trendy Kidz<br />
  9. 9. Economic Impact<br />ASBTDC clients in the last five years . . .<br />Created 5,564 new jobs<br />Retained 3,465 existing jobs<br />Increased sales more than $521 M<br />Generated tax revenues<br />$27.2 million in state tax revenues<br />$16.1 million in federal tax revenues<br />Obtained more than $246 million in financing Based on results of annual economic impact studies of ASBTDC clients conducted by Dr. James Chrisman, Mississippi State University from 2006 – 2010.<br />Kenneth Robinson<br />Balboa Marina<br />
  10. 10. Consulting Services<br />Services Provided:<br />Operating Challenges<br />Business and Financial Plans<br />Financing Requests<br />Marketing Strategies(coordinating online and offline efforts)<br />ProfitCents™ and Fintel Analysis<br />Jana Brandt<br />Eden Spa & Boutique<br />
  11. 11. Consulting – 2010 State Summary1,290 Consulting Cases by business type<br />
  12. 12. Consulting – 2010 State Summary$32,998,750 Total Capital by business type<br /><ul><li> Loans (123) $ 27,748,384
  13. 13. Owner Injection $4,193,103
  14. 14. Other Capital $1,057,263</li></li></ul><li>Training<br />Live Classes<br /><ul><li>Taught by business professionals and ASBTDC staff</li></ul>Online Training<br /><ul><li>20 classes focusing on Money, Marketing, and Management
  15. 15. 350 tools and resources</li></li></ul><li>2010 Training Summary<br />2010 State Summary<br />468 Seminars<br />4,268 Attendees<br />63 Volunteer Speakers<br />136 Sponsors & Partners<br />$41,138 of “In-Kind” Contributions<br />2010 Southwest Arkansas Rural Business Development Conference: Sharpening Your Competitive Edge<br />Nashville, AR<br />
  16. 16. Sample Seminar Topics<br />5 Small Business Strategies for Social Media<br />Inbox Impact<br />Understanding Financial Statements and Credit Reports<br />Search Engine Optimization<br />Cutting Edge Marketing for Small Business<br />Facebook: Profiles, Pages & Privacy<br />QuickBooksTM<br />Paul Bax of Bax & Associates facilitates a QuickBooks™ Forum at UALR.<br />
  17. 17. Market Research<br />Industry profiles<br />Demographic reports for trade areas<br />Market potential reports for local markets<br />Industry benchmark data<br />Custom GIS maps<br />Define customer base<br />Consumer buying behavior and lifestyles<br />Conduct market penetration analysis<br />Create models to forecast potential sales at new store locations<br />Perform drive-time analysis<br />Alison Miller and Partners<br />All Aboard Pediatric Therapy<br />
  18. 18. Market Research Tools<br />Geographic Information Systems (GIS)<br />First Research Reports<br />infoUSA<br />Dun & Bradstreet<br />Literature Searches<br />Datamonitor SWOT and Profile<br />BizMiner<br />RMA Online<br />Market Research Academic<br />
  19. 19. Search Engine Optimization<br />Consulting Assistance<br />Analysis Tools<br />Detailed Reports<br />Keyword Search Analysis<br />Google AdWords<br />Training<br />eCommerce<br />Web Page Design<br />Web Optimization<br />Josh Hines<br />Extreme Image Fitness<br />
  20. 20. Social Media Marketing<br />Consulting<br />One-on-one Assistance<br />Training<br />Social Media Marketing for Small Businesses<br />Facebook, Twitter, YouTube<br />Google Tools<br />Target Market Research<br />Antonio Zamora<br />Tarasco’s<br />
  21. 21. ASBTDC Web Site<br />2010 Visitor Information<br />Visitors: 1,056,714<br />Page Views: 3,286,564<br />Most Popular Downloads<br />Sample Business Plan: 50,915<br />New Business Guide: 8,832<br />Spanish New Venture Guide: 4,233<br />
  22. 22. Veterans Grant Project<br />Created ArkansasVeteran.com<br />Participation in National Guard reintegration briefings<br />Showcased by SBA nationally as a model program<br />Expecting 3rd round of funding in 2011<br />
  23. 23. ENews – Biz Bytes<br />Biz Bytes<br />Tips on marketing, financing, and business management<br />Training announcements<br />Regulatory agency news and updates<br />Join our E-Mail List at: <br />http://asbtdc.org<br />
  24. 24. ENews – Tech Track<br />Tech Track<br />SBIR/STTR grant solicitation information and deadlines<br />Educational training announcements<br />Information for Arkansas’ growing high-tech firms<br />Join our E-Mail List at: <br />http://asbtdc.org<br />
  25. 25. Innovation-Based Business Assistance<br />SBIR/STTR Assistance & Education<br />SBIR/STTR Mentoring Program<br />R&D Partners and Resources<br />New Product Development & Commercialization<br />Alternative Capital Sources<br />Market Research<br />Business Plan Reviews<br />Patents in Commerce™<br />Advanced Invention to Venture (AI2V) participants <br />work on an in-class exercise<br />
  26. 26. Specialty Training<br />Programs<br />SBIR/STTR Phase I Proposal Writing Workshop<br />SBIR/STTR Phase II Proposal Writing Workshop<br />FastTrac® TechVenture™<br />Advanced Invention to Venture (AI2V)<br />Supercoach® Entrepreneurial Training Preview<br />Sharon Ballard, instructor for Advanced Invention to Venture, <br />listens and takes notes as a participant gives an elevator pitch.<br />
  27. 27. Southern Arkansas University<br />Arkansas Small Business and <br />Technology Development Center<br /> 100 E University Ave<br />Magnolia, AR 71753<br />(870) 235-5033<br />asbtdc.ualr.edu<br />