e200 Class of 2012 Graduates | SBA Year-end Loan Numbers | DDD Announced | SBDC Expands Expertise | SBW Nominations

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November 2012

Montana District Office Newsletter

Brought to you by the U.S. Small Business Administration

SBA Honors Emerging 200 Initiative Graduates

The Montana District Office of the U.S. Small Business Administration recognized 17 small businesses in a graduation ceremony on October 26th.  The goal of the SBA Emerging (e200) initiative is to identify inner-city and Native American businesses across the country that show a high potential for growth - and to provide them the network, resources and motiviation requried to build a sustainable business. 

The cornerstone of the e200 included an in-depth 100 hour educational program which ran from April through October, 2012 focusing on topics such as organization management, growth strategies and management, market development, and strategic planning. 

e200 graduates

Graduating business recognized for completing the program include:

Anna Kazmierowski - A2Z Staffing Solutions | Ashley Moran - Fort Peck Tech Services | Charles Archambault - Archambault & Co. | Eleanor Yellow Robe - Native Assets Accounting and Consulting,LLC | Heather Knutson - Country Foods | John Elliot - The Dealership Alternative | Larry Lambert - Lambert Hotels | Mari Jean Bellander - All Mechanical Services of Montana, LLC | Michelle Fox - Island Mountain Development Group | Nathan Chandler - Nate’s Gonna Fix It, Inc. | Richard Ruonavaara - American Electric, Inc. | Shannon Benser - Promotions West, Inc. | Shawn Gilbert - Silver Wolf Enterprises | Sidney Fitzpatrick - Apsaalooke Contracting, LLC | Wease Bollman - Rhithron Associates, Inc. | Yvette Worman - Helena Sleep Diagnostics | Jenny Trinder - Trinder Enterprises

Montana SBA Announces Fiscal Year End Stats

The Montana District Office of the U.S. Small Business Administration (SBA) released its fiscal year-end loan figures for Fiscal Year 2012, (October 1, 2011 to September 30, 2012).  During FY12, SBA guaranteed 338 loans totaling $90,204,000.  Of these loans, 297 for $70,061,000 were made through SBA’s 7(a) Guaranty Loan Program which provides short or long term financing for small business start-up or expansion needs.  Forty-one loans totaling $20,143,000 were made through SBA’s 504 Certified Development Company program which provides long term fixed rates financing for land, buildings and equipment.

Dentists offices, snack and nonalcoholic beverage bars, restaurants, specialty trade contractors, site preparation contractors, general freight trucking, hotels, veterinary clinics, commercial and industrial machinery and equipment, and chiropractic offices were among the most frequently financed businesses during FY 2012.  Of the 338 Loans, 76 loans totaling $15,335,300 were made to women owned businesses, 13 loans totaling $4,216,000 were made to veterans, and 27 loans totaling $6,034,500 were made to minority business owners.  Additionally, 128 new businesses received $28,946,000 in SBA guaranteed funding.

> Read more

New Deputy District Director to Join the Montana District Office

Roger Hopkins has been selected and accepted the position of Deputy District Director for the Montana District Office.  Hopkin's first day will be on Monday, November 19th. 

Hopkins had a degree in journalism from the University of Montana and has worked in Montana as a newspaper reporter, television news anchor, radio deejay, sole proprietor, mayor, and city manager.  In  1998 Roger began his career with the U.S. Small Business Administration at the Las Vegas District Office in Nevada.  In 2000, he was promoted to the SBA Office of Communications and Public Liaison in Washington, D.C., and transferred to the SBA Seattle District Office where he has worked in business and economic development in the rural communities of Wester Washington. 

Montana Small Business Development Center Network Expands Counseling Expertise

SBDC's Earn Certification in Exporting Counseling and Participate in Technology-Based Economic Development Training Program

The Montana Small Business Development Center (SBDC) Network spent over 4,900 hours counseling 939 small business owners and entrepreneurs in federal fiscal year 2012, resulting in the creation of 58 new businesses, $84,338,077 million in capital infusion, and the creation and retention of over 642 jobs throughout the state.  

“These have been challenging economic times for Montana and the SBDC has been a strategic partner helping small companies grow,” said Steve Price, Acting SBA Montana District Director.  “The network is committed to providing grassroots counseling and training services so that Montana small businesses earn a profit and hire more workers.”  

Over the past year, two SBDC Directors became certified as Export and Trade Counselors as part of the National Export Initiative.  The certification training was created by the U.S. Commercial Service and the U.S. Small Business Administration to help achieve the initiative’s goal of doubling U.S. exports.  Dan Anderson, Director of the SBDC at Montana Business Assistance Connection in Helena, and Rebecca Engum, Director of the SBDC at Great Falls Development Authority in Great Falls, were certified during the summer.

> Read more

Big Changes to the SBA's 2013 Small Business Award Nomination Process

Nomination Guidelines - Coming Soon!

SBA Awards given in celebration of National Small Business Week include the following awards: (for public nominations) 

  • Small Business Person of the Year
  • Phoenix Awards (for disaster recovery): Phoenix Award for Small Business Disaster Recovery, and Phoenix Award for Outstanding Contributions to Disaster Recovery.
  • Federal Procurement Awards: Small Business Prime Contractor of the Year, Small Business Subcontractor of the Year, Dwight D. Eisenhower Awards for Excellence (for large prime contractors who use small businesses as suppliers and contractors), and 8(a) Graduate of the Year.
  • Awards to SBA Resource Partners:  Small Business Development Center (SBDC) Excellence and Innovation Center Award, Women's Business Center of Excellence Award, and Veterans Business Development Center of the Year.

All nominations are due no later than January 3, 2013.

Additional details will be available soon in the 2013 Nomination Guidelines.  There will also be an optional online portal for nomination submission.  Watch for more information!

Questions - Please Contact Crystal Baker at 406.441.1089 or crystal.baker@sba.gov.

Save the Date!  2013 SBDC Invest in Success | Butte, MT April 24-25

2013 SBDC Invest in Success logo