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Established Businesses and Growth


  • Submitted on 15 March 2016

    Created on March 15, 2016
     

    As many of us know, Trade Shows can be a prime location to seal deals and make new connections. This is the first of a three part Tradeology blog series to help your business succeed at the next trade show. Stay tuned for part two.

    At the Show

    Anyone who has exhibited at one or more trade shows inevitably has a horror story to share: missing graphics, lost shipments, brochures lost in the mail, booths breaking during setup, etc.  While these are indeed terrible incidents, the real horror stories are those of companies from the United States traveling halfway around the world to exhibit at a trade show, spending $15,000 - $20,000 cash, plus countless employee hours…and then spending most of the show on their iPhone, or not taking the time after the show to properly follow-up on leads.

  • Submitted on 04 February 2016

    Created on February 4, 2016
     

    Seven-month intensive, executive entrepreneurship education series now available in 51 Cities and Communities Across the United States

    ONLY 3 WEEKS LEFT TO APPLY!

    The U.S. Small Business Administration’s Emerging Leaders executive-level training series is launching in 51 cities and communities across the country this year.

  • Submitted on 01 February 2016

    Created on February 1, 2016
     

    The U.S. Small Business Administration (SBA) increased small business size standards affecting businesses in 46 industries in North American Industry Classification System (NAICS) Sector 42, Wholesale Trade, and in one industry in Sector 44-45, Retail Trade.  SBA retained the current size standards for the remaining industries in those sectors.  The final rule was published in the Federal Register on January 25th and will be effective February 26, 2016.

    As part of the review of all size standards under the Small Business Jobs Act of 2010 (Jobs Act), SBA reviewed 73 employee based size standards in those sectors to determine whether they should be revised or retained. 

  • Submitted on 29 December 2015

    Created on December 29, 2015
     

    Small Business ScamsA small business or nonprofit gets what appears to be an invoice for a listing in an online yellow pages directory. On the face of it, it looks legit. It includes the name of an employee at the office, a copy of what the listing looks like, the “walking fingers” symbol associated with directories – and a demand for the $486.95 the business or nonprofit supposedly owes for the listing. What’s really going on? As an FTC case against Canadian scammers suggests, chances are it’s a fraud targeting small businesses, doctors’ offices, retirement homes, churches, etc. And your company or community group could be at risk.

    Earlier this year, the FTC sued Ivan Chernev, German Lebedev, American Yellow Corporation, and a host of Montreal-based entities for pulling a fast one on smaller offices. It was bad enough that they billed the businesses and nonprofits for unauthorized listings. But when the companies that got the phony invoices dared to fight back, the FTC says the defendants turned up the heat. Recipients who ignored the bogus bills were sent collection warnings demanding payment of more than $2,000. When they refused to knuckle under, the defendants masqueraded as third-party debt collectors. In March 2015, the court halted the operation and froze the defendants’ assets pending litigation. The defendants didn’t respond, so the court entered a default judgment. That order requires the defendants to pay more than $1.2 million and bans them for life from the directory business.

  • Submitted on 09 December 2015

    Created on December 9, 2015
     

    SEEKING 2016 NOMINATIONS Are you SBA’s Next Winner?

    Are you a small business owner with an amazing success story to tell?

    If so, submit your nomination today for the 2016 National Small Business Week Awards. Nominations are currently being accepted online at http://awards.sba.gov.

  • Submitted on 13 November 2015

    Created on November 13, 2015
     

    Digital ResourcesOn October 1 the Office of Small Business Utilization (OSBU) updated their web resources with a more diagnostic approach to helping companies understand the steps to working with GSA.  www.GSA.gov/osbu takes the information that small businesses need and provides it in bite-sized pieces that are easy to process. The landing page provides a virtual door for each business in every step of the process!

    For example, if a company is new to the government they are encouraged to watch a series of short videos to help them determine if working with GSA is the right next step.  If the business has worked with the government before, they may only be looking to pursue and win business or maybe how to maintain and renew their contract.

  • Submitted on 25 September 2015

    Created on September 25, 2015
     

    Types of crowdfundingThe U.S. Small Business Administration's Office of Advocacy has released a new issue brief entitled Peer-to-Peer Lending: A Financing Alternative for Small Businesses. Peer-to-peer lending (P2P) is an alternative funding model in which individual investors provide small sums as personal loans to individuals via Internet platforms.

    In this brief, Research Economist Miriam Segal builds upon existing research and discusses the emerging funding option by explaining the investment model, comparing it to traditional small business financing options, and presenting implications regarding the future of peer-to-peer lending.

    While the brief outlines scholarly research on various sources of capital, this report also gives the research economist, the potential investor, and the small business owner, the most up-to-date information on different opportunities for accessing capital in today’s economy.

    » Download Issue Brief

  • Submitted on 19 June 2015

    Created on June 19, 2015
     

    As part of the Initiative for a Competitive Inner City, ICCC helps small businesses in economically distressed areas access capital, achieve sustainable growth, and provides a forum where companies can connect with capital providers. Executive Education, led by top-tier professors from leading entrepreneurship institutions, covers a range of practical skills—from strategy and entrepreneurial finance to marketing and investor pitch presentations. Through intensive coaching sessions, small business owners connect with capital providers from an exclusive portfolio made available through our partners. The culminating program event is the national conference, where program participants put learning into practice and can market and pitch their businesses.

    » Apply

    » Nominate a Business

    » Frequently Asked Questions

  • Submitted on 03 March 2015

    Created on March 3, 2015
     

    Summit Comment on Small Business Mentor Protege Program;The U.S. Small Business Administration (SBA) recently published a proposed rule to amend its regulations to establish a government-wide Mentor-Protégé Program for all small businesses as directed by the Small Business Jobs Act of 2010 and the National Defense Authorization Act of 2013 (NDAA). As directed by the statute, the proposed small business mentor-protégé program is modeled on SBA’s existing 8(a) Business Development mentor-protégé program.

    The expansion of the program will increase opportunities for small businesses to enter the federal marketplace as well as to pursue larger and more complex requirements. The mentor protégé program is designed to pair up nascent firms that are facing potential development gaps with larger, more experienced firms that can assist in filling those gaps.

    Mentors typically provide support in areas such as managerial experience, past performance qualifications, project implementation know-how and the ability to manage larger and complex contracts.

  • Submitted on 06 February 2015

    Created on February 6, 2015
     

    American Supplier Initiative with matchmaking eventsThe U.S. Small Business Administration will expand the American Supplier Initiative with matchmaking events that will be held throughout 2015.  The matchmaking events will help provide small businesses with the tools and resources needed to become effective suppliers and connect with federal and commercial supply chain opportunities.

    “The American Supplier Initiative is part of a comprehensive plan to create jobs through growing small businesses while also ensuring that America has a strong, deep and diverse supply chain,” said SBA Administrator Maria Contreras-Sweet.  “Becoming a corporate supplier can be a true catalyst for business growth, but accessing those supply chains can be challenging for small businesses.  The American Supplier Initiative exists to help our nation’s small businesses find their footing in these supply chains.”

 

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