South Dakota District Office Updates

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South Dakota District Office  

u s small business administration

October is Cybersecurity Month

Illustration of a person in front of a laptop with the following text, Cybersecurity Awareness Month. The SBA logo is at the bottom.


Since 2004, the President of the United States and Congress have declared October to be Cybersecurity Awareness Month, helping individuals and businesses protect themselves online as threats to technology and confidential data become more commonplace. The Cybersecurity and Infrastructure Security Agency (CISA) and the National Cybersecurity Alliance (NCA) lead a
collaborative effort between government and industry to raise cybersecurity awareness nationally and internationally.


 

Illustration of a trophy with text, 2023 National Small Business Week Awards. Now accepting nominations. The SBA logo is included.

National Small Business Week Awards

The National Small Business Week Awards are back! SBA is now accepting nominations for its 2023 National Small Business Week Awards, including the Small Business Person of the Year. Could you be our next winner? If you’re a small business owner or know a small business owner with an inspiring story to tell, it’s time to submit a nomination!

A complete nomination package must be received electronically via BOX by December 8, 2022, 3pm ET. You answers should be in detail on forms 3301 and 3315 – it’s very important when it comes to judging the business! Our SBA Resource Partners can help assist, at no-cost, in writing your BEST nomination. You can locate a Resource Partner at https://www.sba.gov/local-assistance/resource-partners.  

Below is the list of requirements and forms, for your convenience:

  1. Review the National guidelines and instructions
  1. All nominees are required to complete SBA Background Form 3300
  2. Complete the Small Business Person of the Year Application Form 3301
  3. A digital photo– at least 300 dpi is required
  4. Review the South Dakota District Office Guidelines (this is where you will find the criteria for district awards)
  5. Complete the District Office Award Application Form 3315 (identify the district award category)
  6. Complete  Release of Materials Form
  7. Attach any other significant documentation (such as a nomination letter, letters of recommendation, etc.) not to exceed 10 pages
  8. Upload everything to our South Dakota District Office Box Account

Submit your nomination today!!  

Learn more


 

disability

 

October is Disability Employment Awareness Month! Now more than ever, small businesses are finding it challenging to hire talented workers. Hiring disabled workers can help businesses meet their talent needs while strengthening their competitive edge. By hiring individuals with disabilities, businesses can:

  • Expand their pool of talent
  • Create a culture of diversity
  • Meet their workforce needs
  • Foster creative business solutions
  • Generate goodwill among customers

Learn more


 

Illustration of a business with the SBA logo and the following text, Save the Date, National Veterans Small Business Week, 10/31-11/ 4/2022.

 

We’re excited to announce that this year’s National Veterans Small Business Week (NVSBW) will take place on October 31-November 4!  Each year the SBA during NVSBW celebrates, connects, and empowers service member, veteran, National Guard and Reserve, and military spouse entrepreneurs all week long. This year marks the ninth annual NVSBW.


 

Reboot


SBA Upcoming Events 

record keeping

 

 

The Record Keeping for a Small Business module provides an overview of record keeping and is designed to help participants to understand how record keeping can benefit their business.

After completing this training, you will be able to:

• Explain the concept of record keeping and why record keeping is important to a small business.

• Identify record keeping practices, rules, and tools which are commonly available to a small business.

• Explain how these record keeping practices, rules, and tools work.

• Identify benefits a small business derives from proper record keeping.

• Explain record keeping basics for a small business.

• Identify software products available for small business record keeping.

Money Smart introduces core skills for successful small business management, and participants can chose a topic of their choice or to attend the entire series.

Looking for help starting or managing your small business? We are teaming up with the SBA District Offices in North and South Dakota to offer Money Smart, a small business management series.

The Money Smart Series for Small Business provides a practical introduction to topics related to starting and managing a business. Developed jointly by SBA and the Federal Deposit Insurance Corporation, the curriculum consists of 13 modules.

Register


 

take

 

Small Businesses: Grow Your Sales Through Trade

 

Wednesday, October 19, 2022                            1:00 PM – 2:00 PM CT

Are you a small business looking to expand? Did you know that the best way to boost your bottom line is to look outside of our US borders. Selling internationally can help protect your bottom line from the ebbs and flows of one domestic market, while granting you access to more buyers. Learn about access to markets, access to grants, and access to capital to help your business enter the global marketplace!

Join experts from the U.S Small Business Administration's Office of International Trade to hear how you can:

  • access export resources
  • find international buyers
  • obtain financing
  • protect your foreign receivables

Register


 

export

 

Long Term Financing for Exporters

Wednesday, October 26, 2022                          2:00 PM – 3:00 PM ET

The U.S. Small Business Administration (SBA) prioritizes assistance for those small businesses that are starting to export, already exporting or in the export supply chain. These small businesses may need additional funding to acquire equipment, retool, new facilities, refinance debt on unreasonable terms or acquired another business to achieve their export sales potential. International expansion can provide small business with substantial growth opportunities, but it can also present additional risk factors for their lenders. The SBA has designed programs for these development opportunities and at the same time minimize lender risk by providing a 90% guarantee.

Please join us to learn how your bank can participate in these programs. The International Trade Loan and Export Express programs that provide lenders the opportunity to assist direct and indirect exporters with long term financing. This training will cover the following topics:

• Program benefits

• Eligibility criteria

• Credit standards

• Application process

• Servicing requirements

Register


 

export

 

FROM LOCAL TO GLOBAL: CELEBRATING DIVERSITY

Wednesday, October 26, 2022                                           11:00 AM PT

In celebration of National Disability Employment Awareness Month, we will feature a dynamic panel of founders & leaders from Southern California-based companies, fostering disability inclusion & equity, who will share how they have successfully grown their businesses internationally.

Hear from these leaders as they speak about their respective journeys of selling & promoting their brands globally.

Learn about the opportunities to seek out, as well as the challenges to avoid as you launch or expand your international business.

Receive information & resources that will help you chart your path to global sales & expansion success.

We look forward to having you join us on Wednesday, October 26, 2022 at 11am PDT!

Register


 

building

Wednesday, October 26, 2022    

The U.S. Small Business Administration (SBA) and Public Private Strategies Institute (PPSI) will host webinars as part of their Building a Better America: A Small Business Resource Community (BBA Resource Community) series.

The goal of these webinars will be to connect small businesses with critical resources and information about the Biden-Harris Administration’s policy agenda, including how the Inflation Reduction Act, Bipartisan Infrastructure Law and American Rescue Plan create opportunities for small businesses.

Additionally, these webinars will feature training to help small businesses access and utilize these resources to grow their business and create great jobs. Through the BBA Resource Community, the SBA and PPSI will convene respected leaders from across business, government, advocacy, and economic development, to provide these briefings and training.

Webinars will discuss:

  • Steps you can take now to learn and take advantage of existing programs that are available at the U.S. Small Business Administration & other agencies;
  • Updates regarding programs and recent policy announcements, including the Inflation Reduction Act, the Bipartisan Infrastructure Law, American Rescue Plan and Made in America;
  • Discussion on important, timely policy issues, including paid leave, the earned income tax credit, the child tax credit, access to affordable childcare, hiring and retaining workers, and health care access and cost; 
  •  Your questions answered by SBA Leadership & small business experts.

Register


 

Illustration with a lock and circuits.  Text: Free virtual event SBA cyber summit

 

Looking for resources and tips to protect your small business against cyber threats? Join SBA for its first-ever National Cyber Summit on October 26, 2022 at Noon ET. The free event will highlight tools, tips, and resources to help strengthen small business cybersecurity.  

Register


strong

 

 

After completing this training, participants will understand the following:

  • How the personal and business credit reporting landscape relates to their business
  • What goes into the personal and business credit reports and scores used to assess credit profiles
  • How to establish and build strong personal and business credit histories to support the growth and sustainability of their business
  • How lenders and other businesses may use personal and business credit reports and scores to assess lending risk or evaluate other business-to-business opportunities
  • How the use of credit reporting services can help small business owners make sound decisions
  • How to leverage strong personal and business credit histories to obtain satisfactory financing terms
  • How to recognize when business and personal credit history may become a bigger factor in seeking larger financing options

Register 


 

financing

 

Financing Manufacturing Exports

 

Thursday, October 27, 2022                             2:00 PM – 3:00 PM ET

Trade remains an engine of growth for America. Manufacturers need capital to take advantage of these opportunities.

Join us for an intimate conversation with a fellow manufacturer and their banker as we discuss challenges, opportunities, and lessons learned for financing global sales growth.

Calling all manufacturers: Whether you are new to export or currently exporting and looking to grow your sales, this webinar is must see!

There is no cost for the webinar, but advance registration is required.

Register 


 

export

 

Revolving Credit for Exporters

 

Thursday, October 27, 2022                            2:00 PM – 3:00 PM ET

The U.S. Small Business Administration (SBA) prioritizes assistance for those small businesses that are selling their goods and services in the international marketplace or are in the export supply chain. SBA’s goal is to make sure that small businesses with bona fide export sales opportunities have the necessary working capital to capture all those sales. SBA has specific programs designed to provide small businesses in the export supply chain with access to lines of credit and at the same time minimize lender risk by providing a 90% guarantee.

Please join us to learn how your bank can participate in these programs. The Export Express and the Export Working Capital Program (EWCP) provide lenders the opportunity to assist exporters with revolving lines of credit and standby letters of credit. This training is designed for lenders and will be interactive in nature. The training will cover the following topics:

• Program benefits

• Eligibility criteria

• Credit standards

• Application process

• Servicing requirements

Register 


 

Resource Partner News & Upcoming Events

win

Tuesday, October 18, 2022                                      11:30 AM - 1:00 PM

The Holiday Inn Convention Center, Spearfish

Join SD CEO West for their Women In Networking with spotlight speakers, owners of the 2BrokeGirls Boutique, Kelly Gould & Ashley Kurtenbach!

Interested in promoting your business or organization? Bring a door prize! 

Register


 

holiday

Tuesday, October 25, 2022                               12:00 PM - 1:00 PM (MT)

Is your digital presence on the NAUGHTY or NICE list? 

Make your business cybersecurity part of your checklist as you prepare for the holiday season! 

Join SD CEO East & SD CEO West for a FREE one-hour virtual workshop with Dakota State University Vice President Research & Economic Development – Dr. Ashley Podhradsky.  

The first 30 minutes includes a presentation about: Phishing, Cybersecurity, Social Media protection, Backups, and more! 

The rest of the 30 minutes is YOURS! Bring your questions or issues to help solve together.

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