March at the Colorado District Office

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March 2013

Colorado District Office Newsletter

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

Recruiting now!

The Colorado District Office is recruiting for the Emerging Leaders Initiative Class of 2013

SBA’s Emerging Leaders Initiative is the only federal training initiative that specifically focuses on executives of established businesses, currently poised for growth, from communities across the country and provides them the organizational framework, resource network, and motivation required to build a sustainable business of size and scale.  SBA’s continued outreach in historically challenged areas has resulted in entrepreneurial success that generates new jobs, attracts investment, and provides a more sustainable economic base in distressed areas.

Register now!

Win up to $10,000 with SBA's Export Video Contest!

SBA-Visa Export Challenge Flyer

The U.S. Small Business Administration and Visa U.S.A. are cosponsoring a video contest that seeks to inform small businesses about the advantages of exporting and increase awareness of government assistance available to support small business exporters.  We are looking for creative videos from small businesses that show how they became successful exporters. Videos must highlight the small business’ best accounting practices that help ensure prompt payments from customers and at least one of the following: important lessons learned; factors that influenced the decision to become an exporter; advice for small businesses considering exporting; or a favorite exporting story.

Learn more now!


SBA to Expand Access to Loan Programs

SBA has proposed to revise OCA regulations for the 504 and 7(a) loan programs.  The goal of these regulation changes is to expand the accessibility of SBA loan programs, to streamline the loan application process and to ensure program integrity through effective, proper oversight.

The SBA proposed rule resulted from extensive consultations with lenders and borrowers to identify the greatest challenges they face and find ways to reduce those barriers and make loans more accessible while reducing waste, fraud and abuse.

Among the proposed changes are:

•           Eliminating the personal resource test

•           Revising the rule on affiliation

•           Eliminating the nine-month rule for the 504 loan program

•           Increasing accountability of the CDCs’ Board of Directors

•           Removing unnecessary CDC operational requirements,

•           Other provisions to refocus CDC operational and
             organizational requirements

For more information, click here.

                                     Alert!                                                

We have been notified that small business owners are receiving a call from the number 889-777-1117, which is a company claiming to be with the State of Colorado Small Business Development.

This group is asking companies if they are moving, are persistent and rude. We have learned that this group is selling small business information to realtors, office supply companies etc.

Please be aware that if you receive any calls similar to the description above, they are not connected to the State of Colorado SBDC Network.

Thank you and please forward this message to help keep other small businesses up to date and on alert!

Regards,

The Colorado Small Business Development Center Network 


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UPCOMING EVENTS

Doing business with the Federal Government and Federal Certifications

March 12, 9am-11:30am

This class covers the 8(a), HubZone, and Women Owned Small Business (WOSB) federal contracting certifications. Topics include the eligibility, requirements and benefits of each certification program.

Where:                                 Colorado District Office                 

721 19th St. Ste. 426 Denver, CO 80202

RSVP: call 303-844-2607 ext. 205 or email leon.koyama@sba.gov

Our experts host workshops on a monthly basis, check out our other workshop dates

SBA Training at the Evergreen Chamber of Commerce Breakfast

March 18, 8:30am-10am

This workshop will help you gain a better understanding of the various U.S. Small Business Administration programs available to prospective or current entrepreneurs who need assistance in starting or expanding their businesses. General information will be provided on various programs and services 

Click here for more information

 

Town of Evans Business to Business Event

March 28, 10am-2pm 

An event designed to help support our local businesses by giving them tools and resource connections, information, and support to grow and expand their business.  . 

Where:                                 Evans Community Complex

1100 37th St.

Evans, CO 80620 

WEBINARS:

Banking Services Available for Small Business:

March 21, 2013 9-10am

A training done by our Lending Relations Specialists who are certified instructors for Smart Money by FDIC, a comprehensive financial education program.

Topics Covered Include: Checking accounts, savings accounts, merchant services, wealth managment, and retirement planning. 

Email Will.Hardina@sba.gov to RSVP and receive webinar details.

Credit Report Training:

March 28, 2013 9-10am

A training done by our Lending Relations Specialists who are certified instructors for Smart Money by FDIC, a comprehensive financial education program.

Topics Covered Include: Business Credit Reporting, Consumer Reporting Agency, Fair Credit Reporting Act and last Personal Guarantor.

Email Gia.Vu@sba.gov to RSVP and receive webinar details.

 

SBA hosts a variety of webinars that allow you to learn without leaving your house or office. Go to our Events Calendar to see upcoming webinars.