South Dakota District Office Updates

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South Dakota District Office  

u s small business administration
Illustration of main street businesses with the following text, National Farmers Market Week, August 7-13, 2022. The SBA logo is at the bottom.

Fresh fruits and vegetables, dairy products, baked goods, and handmade crafts: America’s farmers markets are certainly all of these things. But they’re also much more than meets the eye. Farmers markets nourish our communities by creating jobs, connecting producers directly with consumers, and cultivating strong local, regional, and national food systems. The U.S. Department of Agriculture reports that farmers markets contribute $9 billion to the U.S. economy each year. While farmers markets provide invaluable services to their communities, they, like any other business, require the proper nurturing to grow. That is where the SBA can lend a hand. This National Farmers Market Week, August 7-13, 2022, check out SBA's resources to help you start and grow your business.

Learn more


 

eidl

 

SBA Disaster Assistance Available to South Dakota Private Nonprofit Organizations

 

Low-interest federal disaster loans are now available to certain private nonprofit organizations in South Dakota following President Biden’s federal disaster declaration for Public Assistance as a result of the severe storm, straight-line winds, tornadoes and flooding that occurred June 11-14, 2022, announced Administrator Isabella Casillas Guzman of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for assistance.

These low-interest federal disaster loans are available in Butte, Haakon, Jackson, Jones, McPherson and Spink.

“Private nonprofit organizations should contact their local emergency manager of the South Dakota Office of Emergency Management by calling (605) 773-3231 or visiting their website https://dps.sd.gov/contact/online-form/emergency-management?agency=11#contact-agency-select to obtain information about applicant briefings,” said Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. “At the briefings, private nonprofit representatives will need to provide information about their organization,” continued Garfield. The Federal Emergency Management Agency will use that information to determine if the private nonprofit provides an “essential governmental service” and is a “critical facility” as defined by law. If so, FEMA may provide the private nonprofit with a Public Assistance grant for their eligible costs. If not, FEMA may refer the private nonprofit to SBA for disaster loan assistance.

SBA may lend private nonprofits up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

For certain private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help with meeting working capital needs caused by the disaster. Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Economic injury assistance is available regardless of whether the nonprofit suffered any property damage.

The interest rate is 1.875 percent with terms up to 30 years. The deadline to apply for property damage is Oct. 03, 2022. The deadline to apply for economic injury is May 02, 2023.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.


 

procurement

 

The small business procurement scorecard is out! In FY21, the federal government exceeded its small business contracting goal, awarding 27.2%, or $154.2B, in federal contract dollars to small businesses, a new record. View the first-ever digital scorecard.

Watch the announcement


 

Advocacy

 

FY22 Contract Opportunities Available For Economic Research On Small Business Issues

The Office of Advocacy is excited to announce new funding opportunities for economic research on small business issues. The research solicitations are available on SAM.gov at the links below. Research proposal submissions are open until Tuesday, August 16, 2022. 

As an independent office within the Small Business Administration, Advocacy’s mission includes researching the economic contributions and challenges of U.S. small businesses. To fulfill this task, Advocacy periodically funds research through the federal contracting process to produce reports that document the status of small businesses, increase knowledge and understanding of small business economic issues, and provide policymaking insight.

The following research solicitations are currently open until Tuesday, August 16, 2022:

Additional Information:

  • The proposal solicitation, synopsis, statement of work, instructions to offerors, and contact information are provided on SAM.gov. To access, click on the link above, or go to SAM.gov and search by the solicitation number or under Small Business Administration listings.
  • All solicitations are small business set-asides open to all small businesses eligible to compete. If you are a small business or independent researcher, you can register for eligibility or maintain your registration at SAM.gov.
  • The solicitation on “Research on Small Business Topics Using Economic Data” provides prospective researchers flexibility to propose a relevant research project on a topic not covered by the other solicitations.   
  • See Advocacy’s research reports here.

 

SBA Upcoming Events

invention

 

If you dream of being a successful innovator, get ready for the United States Patent and Trademark Office’s free, online conference, Invention-Con 2022 on August 10-12, 2022. Join successful inventors, accomplished entrepreneurs, and expert USPTO staff demonstrate how intellectual property protection is key to your success; share invaluable resources for innovators; offer tips on business strategy; and give insights into working with the USPTO to patent your invention or register your trademark.

Register


 

boots

Tuesday, August 30, 2022                                   9:00 AM - 12:30 PM  CDT

Owning a Veteran-Owned Small Business Veterans have the character, discipline and skills needed to succeed as small business owners and entrepreneurs. Wondering what it takes and how you can prepare? Enroll in Boots to Business Reboot.

Boots to Business Reboot is an entrepreneurial education and training program offered by the U.S. Small Business Administration (SBA). The course provides an overview of entrepreneurship and applicable business ownership fundamentals. Veterans of all eras, Active Duty Service members (including National Guard and Reserve), and spouses are eligible to participate.

During Reboot, participants are introduced to the skills, knowledge, and resources they need to launch a business, including steps for developing business concepts, how to develop a business plan, and information on SBA resources available to help. The program is facilitated by subject matter experts from the SBA and their extensive network of skilled business advisors.
Participants that complete an in-person or online B2B Reboot course can elect to further their study through one of many B2B online courses, offered at no cost to Service members, Veterans and military spouses. If you’ve already attended an in-person or online B2B Reboot course, visit https://sbavets.force.com/to sign up for one of the online B2B follow-on courses.

This will be offered via ZOOM. Login information will be provided after registration prior to the class.  For more information, contact Julie Hinker, julie.hinker@und.edu. 402-681-2542.

Register


 

 

Resource Partner News & Upcoming Events

Quickbooks

Wednesday, August 10, 2022                            9:00 AM – 11:00 AM CDT

This class gives a basic overview of what QuickBooks has to offer and how and where clients need to enter information. Training duration is usually 2 hours long with time for questions following the training. The class typically has a Zoom Q&A one week after the training event to allow participants to familiarize themselves with the program and then ask questions if necessary.

Complete the registration to receive meeting details.

Register


 

summit

 

Tuesday, August 30, 2022                                             9:00 AM - 3:00 PM (MDT)

SD CEO West is so excited to be back in person for their annual conference. AND, they are welcoming back 2017 keynote speakers: Leading Edge Founders, Carol Grannis and Cindy Maher to the SD CEO West stage!

Carol and Cindy will hit on tough topics like beating burnout and addressing the challenges of multiple generations in the workplace with a their signature blend of live improvisational comedy mixed with real actionable takeaways. 

Part of the full-day experience will include our popular business showcase, celebrating the graduation of our Women in Leadership classes of 2020, 2021, and 2022, the SD CEO awards presentation of our 2022 Celebrating Women in Business Awards; Enterprising Women Intrapreneur, Enterprising Women Entrepreneur, Enterprising Young Entrepreneur, and Friend of a Small Business and MORE!

They sure have missed everyone and look forward to a powerful day with great speakers, celebrating women making a difference in our communities, supporting women-owned small businesses all while connecting (and reconnecting!) with each other. 

Register


 

hear

 

How are we doing?? Take a moment to complete the South Dakota District Office Customer Experience Survey and let us know. Your feedback will help us improve the services we can provide you. Find the survey at: surveymonkey.com/r/SBACXSurvey