Busy Baby LLC is SBA’s Minnesota Veteran-Owned Small Business of the Year
At the age of 40, Army Veteran Beth Fynbo had her first child and came up with an idea for a product to solve a problem all new parents have, a silicone placemat to keep baby's toys in place. The patented design allows caregivers to suction the mat to a smooth surface and use the tether system to attach baby's favorite toys, keeping them within arms' reach and off the ground.
Fynbo has benefited from SBA’s programs and services through her relationships with the Small Business Development Center, which provided technical assistance, Southern Minnesota Initiative Foundation, which provided funding and technical assistance, and SCORE, which helped with the patents and trademarks needed to protect her investment. Read the full release here.
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Ian Roback is SBA’s Minnesota Young Entrepreneur of the Year
Ian Roback, founder of Clear Water Nitrate Reduction, is the 2022 SBA Minnesota Young Entrepreneur of the Year.
CWNR works to decrease agricultural runoff pollutants in waterways and educate the public on pollution threats. Following up on research done during his graduate studies at St. Olaf College and Rutgers, Roback, created and patented a constructed wetland that reduces more than 70% of nitrates in agricultural runoff with a small land footprint through natural processes.
Roback received assistance from the SBA through our partners SCORE and the Small Business Development Center, which supported him with business planning and marketing help. Read the full release here.
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Soyko International Inc. is SBA’s Minnesota Minority-Owned Small Business of the Year
Jade In, owner of Soyko International, visited Gary, Minn. on a business trip and saw how large, rich and beautiful the region was. In 2000, she established J&J Corporation, a company working with the domestic growth, sales and export of domestic grains. Seeing the potential in the Gary area, in 2009 her corporation took over Circle C Seeds, renaming it to Soyko International Inc.
The Small Business Development Center, which nominated Soyko for the award, worked with to help the company with a $3.8 million expansion that began in 2019. The company has also benefited from SBA-backed financing.
Read the full release here.
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7 Reasons You May Have Been Denied Business Financing
SBA's resource partner, the SBDC recently posted a helpful blog on the topic of business financing and why you might be denied by a lender.
Check it out here and then connect with your local Minn. SBDC to get more help turning that no into a yes!
We are hosting free training webinars to help entrepreneurs and small business owners start, grow, expand, and recover.
To learn more and register today, visit the links below:
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SADBOC Procurement Fair (with multiple partners)
April 25; Learn More
!Sign up for SADBOC Matchmaking Separately Here!
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SBA Funding for Your Business - with the IRS and WHD
Apr 26, 11 a.m.; Register
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Resources for Small Businesses (with PTAC)
May 2, 9 a.m.; Register
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Steps to Starting a Small Business
May 2, 10 a.m.; Register
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SBA Federal Certification - 8(a) Business Development Program Info (with PTAC)
May 3, 9 a.m.; Register
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SBA Federal Certification - Intro to the HUBZone Program (with PTAC)
May 4, 9 a.m.; Register
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Pasos simples para iniciar un negocio en Minnesota
May 5, 9 a.m.; Register
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SBA Federal Certification - Women-owned focused (with PTAC)
May 5; 9 a.m.; Register
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Veteran's Certification (with PTAC)
May 6; 9 a.m.; Register
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Veteran's Brief
May 6, 10 a.m.; Register
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Employee vs. Independent Contractor - What is the difference? (NDC)
April 24, Learn More
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HR Basics: When Growing from Start-Up to 20+ Employees (SCORE)
April 26; Learn More
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Search Engine Optimization (SCORE)
April 26; Learn More
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WomenVenture Overview
April 27 & 29; Learn More
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Exit Planning (SBDC)
April 28; Learn More
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Child Care Provider Training: Start Up Boot Camp (First Children's Finance)
April 28; Learn More
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Neighborhood Development Center Information Session
April 28; Learn More
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The Future of Small Business (NDC)
April 29; Learn More
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Grow Your Business With Video & YouTube (SCORE)
April 26; Learn More
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Non-Traditional Financing Options Training (Multiple Partners)
May 4, Courtyard by Marriott, 185 Radio Drive, Woodbury, MN 55125
Email events@mccdmn.org for details.
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Export Week Training from the US Commercial Service
May 3, Mexico & Brazil: Medical Device and Diagnostic Market Opps
May 4, Healthcare Tech Market Snapshot: Ethiopia, Nigeria, South Africa
May 5, Port Infrastructure to support World Trade and Global Supply Chain
Learn More
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Native American Entrepreneurial Empowerment Workshop (SBDC)
May 16 & May 17; Learn More
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Google Analytics 2.0 - Beyond The Basics (SCORE)
May 24; Learn More
If this newsletter was forwarded to you, sign up to get it directly via sba.gov/updates. Be sure to add your MN zip code to receive this Minnesota-specific information.
Join us on Twitter (@SBA_Minnesota) for information as it becomes available too.
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