Small Business Development Center at UW-Green Bay turns it into overdrive | All In Wisconsin

When local small businesses and entrepreneurs needed help navigating the pandemic, the Small Business Development Center (SBDC) of UW-Green Bay answered the call—literally—serving remotely, 591 distinct businesses with disaster consultation since March 15… the most of any state center (Madison was second with 163 businesses served).Wisconsin SBDCs have been the “go to” for the EIDL and PPP opportunities for small businesses. During the start of the pandemic, UW-Green Bay transferred three people from the Continuing Education and Community Engagement Staff to temporarily  the SBDC staff to help manage the overwhelming workload.

Source: Small Business Development Center at UW-Green Bay turns it into overdrive | All In Wisconsin

Resources and assistance for Sheboygan County small businesses

Sheboygan County, Wis. (WBAY) – The Sheboygan County Economic Development Corporation (SCEDC) has partnered with the Small Business Development Center (SBDC) at UW-Green Bay (UWGB) to provide timely guidance to Sheboygan County entrepreneurs on the various assistance programs related to the COVID-19 economic disaster.

Source: Resources and assistance for Sheboygan County small businesses

COVID-19 Business Guidance for Local Entrepreneurs through SCEDC/SBDC Partnership | Seehafer News

A key mission of the Sheboygan County Economic Development Corporation (SCEDC) is to provide opportunities to Sheboygan County entrepreneurs and help them make informed business decisions. The SCEDC has partnered with the Small Business Development Center (SBDC) at UW-Green Bay to provide timely guidance to Sheboygan County entrepreneurs on the various assistance programs related to the COVID-19 economic disaster. Source: OVID-19 Business Guidance for Local Entrepreneurs through SCEDC/SBDC Partnership | Seehafer News

Small Business Development Center at UW-Green Bay turns it into overdrive

UW-Green Bay responsiveness helped the local Center serve more clients than any in the state of Wisconsin

When local small businesses and entrepreneurs needed help navigating the pandemic, the Small Business Development Center (SBDC) of UW-Green Bay answered the call—literally—serving remotely, 591 distinct businesses with disaster consultation since March 15… the most of any state center (Madison was second with 163 businesses served).

Wisconsin SBDCs have been the “go to” for the EIDL and PPP opportunities for small businesses. During the start of the pandemic, UW-Green Bay transferred three people from the Continuing Education and Community Engagement Staff to temporarily  the SBDC staff to help manage the overwhelming workload.

“Our center has provided triage counseling to more businesses in three weeks, than we typically do in a year,” said director Tara Carr. “I am so very thankful for the support and commitment the University has taken to assist the SBDC in the recovery efforts with small businesses in our 12-county region. Once the administration was aware of the overwhelming workload the SBDC was experiencing, with no hesitation and within hours, additional temporary staff were assigned to the department. As I reflect on the timeline, these changes were made on a Saturday and the temporary staff began that Monday! Words cannot describe my gratitude and sense of pride to be a part of the UW-Green Bay family.”

The need is great.

“The majority of small business owners have been extremely concerned and scared of losing their business,” Carr said. “Scared in the sense of having the fear of ambiguity regarding the future and how long they will have to endure the economic slowdown. The other part of the concern is how long can the business financially endure the decreased or ceased revenue, while continuing to pay overhead expenses? To get funding for a startup, business owners collateralize their homes, retirement, savings, and/or use personal credit cards. As you can imagine, when the revenue comes to a halt for an extended time, the stress can be insurmountable.”

At the same time, the SBDC is getting calls from entrepreneurs who want to start a business or need advice.

“There are also many existing business that have been able to pivot their business model to accommodate the social distancing issues and changing consumer needs,” Carr said. “Entrepreneurs are amazingly creative people with tremendous problem-solving skills. They are able to identify a need and figure out how to take the resources they have and make it work for the consumer. It is truly impressive to watch!”

UW-Green Bay was proactive in its response to the COVID- 19 crisis. As a result, the Small Business Development Center at UW- Green Bay temporarily closed the center doors on March 11. The staff has been working at home since March 12 and continue to serve clients by phone, email, and virtual meetings.

“We were fortunate enough to have previously replaced all desktops with laptops and phone lines with cell phones,” Carr said of the quick transition. “The SBDC staff is mobile. Typically we meet with our clients face-to-face, and the social distancing can create some challenges for the non-technology clients, particularity in the rural areas. (Staff members) are highly skilled and their solution-oriented approach is the key to success.”

Over the past several weeks, triage outreach has been made by phone, email and social media, informing business owners and SBDC clients how to prepare for the economic crisis they are experiencing. Triage is the first line of contact provided to these businesses. For more advanced and customized consulting, appointments were made with the expert business consultants.

The current SBDC at UW-Green Bay team: Diane Welhouse, David Stauffacher, Ray York, Judy Price, Tammy Clausen, Melissa Schleicher and Tara Carr

Highlights of the SBDC community outreach:

  • Clients consulted since January 1, 2020: 350 (goal for 2020 = 351)
  • Non-clients consulted since March 15, 2020: 507
  • Total small businesses served since January 1, 2020: 857
  • Consulting hours for non-clients: 318.70
  • Consulting hours for clients: 608.90
  • Total consulting hours by SBDC since January 1, 2020: 927.60
  • In addition to consulting, the entire team attends multiple weekly federal and state webinars and trainings for consulting clients.
  • Disaster 2020 consulting: The Green Bay Center is #1 in the state by serving 591 distinct businesses since March 15th. (Madison is #2 at 163 businesses).

 

Small Business Development Center – Local Resource for Businesses in NE Wisconsin

The Small Business Development Center at UW-Green Bay is hard at work helping small businesses throughout Northeast Wisconsin with counseling, answering questions, providing resources of grants and loans, as well as scheduling one-on-one telephone conferences. Our assistance is free to all small businesses in the region. If you or someone you know has a small business and needs help at this time, please have them reach out to the SBDC at the website www.uwgb.edu/sbdc and click on the Request for Counseling action button. Someone will return the request within 24 hours. Email: sbdc@uwgb.edu

UW-Green Bay partners with Entrepreneurial Training Program – Door County Pulse

Whether your business is growing or new, a business plan is critical to building a profitable venture and attracting financing from lenders or investors. The Entrepreneurial Training Program, conducted by the Small Business Development Center and hosted by the Kewaunee County Economic Development Corporation, offers eight efficient sessions to help you develop a plan for a thriving, profitable business. Learn to identify customers, determine their needs and synthesize that information into a realistic plan for starting or growing your business. The cost is $250 if you complete an accepted business plan. The Wisconsin Economic Development Corporation provides the remaining $750 in tuition assistance. Call 920.366.9065 to obtain an application. You must register through both UW-Green Bay and the University of Wisconsin System to be fully registered for this course. To find out more and get links for registration, email sbdc@uwgb.edu or info@kcedc.org. Source: Enroll in the Entrepreneurial Training Program – Door County Pulse

Wisconsin SBDC celebrates 40 years of helping businesses

The Wisconsin Small Business Development (SBDC) Network is celebrating its 40th anniversary in 2020 as one of the first SBDCs in the country. U.S. Sen. Gaylord Nelson of Wisconsin paved the way for this critical assistance to new and existing businesses by spearheading the Small Business Development Act of 1980.

Today, the Wisconsin SBDC Network’s no-cost, confidential consulting and business education are accessible to anyone anywhere across 13 locations. In 2019, the SBDC served 4,658 clients, resulting in $91.3 million in capital investment, 300 new businesses and 19,717 jobs supported.

“Small businesses are the heart of our communities and economies,” said Bon Wikenheiser, state director. “We are grateful to be a trusted resource for business owners, whether they’re writing a business plan, looking for financing, exploring new markets, developing new products, ramping up their marketing or preparing to sell to the next generation.”

The University of Wisconsin System has hosted the Wisconsin SBDC since its inception, with the state’s first centers at UW-Eau Claire, UW-Green Bay, UW-La Crosse, UW-Madison, UW-Milwaukee, UW-Oshkosh, UW-Parkside, UW-Platteville, UW-Stevens Point, UW-Superior and UW-Whitewater. This partnership, a financial match to U.S. Small Business Administration funding, has been integral to its success throughout its 40-year history.

“Our universities are proud partners of the SBDC network and know what a vital service it provides to businesses in our communities,” said UW System President Ray Cross. “Collaborating with Wisconsin’s SBDCs to help the state’s most innovative and creative entrepreneurs find success reflects UW System’s longstanding commitment to the Wisconsin Idea and our mission to serve the people of Wisconsin.”

An anniversary highlight will be March 18, 2020, the fourth annual SBDC Day, which celebrates the collective impact and success of SBDCs across the nation and in local communities. Small businesses, partners and advocates are invited to use the hashtag #SBDCDay and #SBDCsCelebrate40.

With nearly 1,000 locations across the country, SBDCs provide local businesses and entrepreneurs with the resources needed to succeed. In 2018, America’s SBDC clients experienced annual sales growth of 17.7 percent, almost four and a half times more than the national average. SBDC assistance resulted in 99,194 jobs created, $7 billion in sales growth, $5.6 billion in capital investments, and 16,499 new businesses started.

“SBDC clients give their SBDCs 4.4 out of 5 stars, and 93 percent of SBDC clients recommend their SBDCs to other small businesses. With 40 years of expertise, proven ROI and stellar client ratings, it’s clear that America’s SBDCs are the nation’s most trusted small business resource,” said Charles “Tee” Rowe, President & CEO of America’s SBDC.

This release is reprinted from the SBDC

Reminder: Small Business Development Center has moved to Green Bay Campus, Open House, Feb. 25

The Small Business Development Center (SBDC) at the University of Wisconsin-Green Bay will be hosting an open house on Tuesday, Feb. 25, 2020 from 2 to 4 p.m. to celebrate its move to the Green Bay campus. Stop by and visit SBDC at its new location in Wood Hall Room 202 for some snacks and beverages, as well as getting to know some of the friendly faces of SBDC!