South Dakota District Office Updates

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South Dakota District Office  

u s small business administration

Community Navigators Grant Activities

costarters

 

SBA South Dakota District Director, Jaime Wood, recently attended the graduation for the Immigrant/New American CO.STARTERS cohort, hosted by Lutheran Social Services of South Dakota and Startup Sioux Falls, an SBA Community Navigator partner. Participants who immigrated from 12 different countries participated in the cohort. Self-employment through business ownership is often the pathway to prosperity for New Americans.  


 

bryson

 L-R: Selene Zamorano-Ochoa, Instructor; Edelmira Kafka; Rebeca Viana; Ofelia Melgoza; and Bryson Patterson,

SBA South Dakota Deputy District Director, Bryson Patterson, recently visited with Selene Zamorano-Ochoa and her Spanish Language CO.STARTERS cohorts. CO.STARTERS is a program designed to provide entrepreneurs with the insights, relationships, and tools to create a sustainable business through a ten-week series. The program is offered by Lutheran Social Services of South Dakota and Startup Sioux Falls through the Small Business Administration’s Community Navigators Grant. This SBA grant seeks to connect communities to SBA resources and services by engaging entrepreneurs through a hub and spoke system of community navigator institutions.  


 

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


 

We're now on LinkedIn!

You follow our Twitter account. You check our Website for events. Now you can follow us on LinkedIn! Interact with us, get great content and more!

Like Our Page!

SBA Upcoming Events 

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 


 

8 people sitting & standing indoors, laptops & desks with text, Celebrating Disability Employment Awareness Month webinar on Oct. 27 at 1pm EDT

 

Join SBA on October 27, 2022 for a webinar in recognition of National Disability Employment Awareness Month to learn about disability awareness, inclusion, hiring employees with disabilities, and the importance of equity and opportunity to help uplift and support entrepreneurs with disabilities. Speakers include:

  • Shari L. Thomas, Chief Diversity Officer, Office of Diversity, Inclusion and Civil Rights
  • Suzanne Foley, Owner, Port City Pretzels, Portsmouth, New Hampshire
  • Gregory Modica, President and CEO, Government Supply Services, El Dorado, Arkansas

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

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


 

creation

 

Join SD CEO West Women's Business Center on Thursday, November 3, 2022, 1:00 PM - 3:00 PM (MDT) at The Joy Center in Spearfish for this presentation on how to create business content.

Do you ever feel lost on how to create content for your business or company? What even is content? Where should I post? How often? 

Ellen Pustejovsky, content creator specialist, will share her tried and true formulas to help you cultivate a strong online community that naturally converts followers into customers. Discover what your audience wants to see and hear from you, learn simple and unique ways to create content that’s engaging and valuable, and build workflows that keep you relevant and consistent no matter your brand or niche. 

Register


 

coffee

 

Get together with SD CEO West for coffee and connecting on Tuesday, November at 8:30 am - 9:30 am at Sturgis Coffee Company in Sturgis! Early networking starts at 8:00 am.

Meet other women in business in the Northern Hills area and start your day off right with some powerful connections, inspiration, and great conversation.

Entrepreneurs, aspiring entrepreneurs, business owners, students, intrapreneurs - those who work for a company, municipality, higher Ed or nonprofit - all women are welcome.

There is no cost to attend and the SD CEO West Women's Business Center will provide coffee. Specialty drinks are available for purchase. Please register so we know you are coming.

Register


 

agri

 

AGRITOURISM WORKSHOP

SDSU Extension and the South Department of Tourism will host an Agritourism Workshop on Thursday, November 17 at the Sturgis Community Center (1401 Lazelle St., Sturgis, SD 57785) from 9:00 a.m. - 5:00 p.m. MT.

This workshop will focus on what you can do to enhance your visitor experience. Topics that will be addressed include visitor expectations, collaborations, developing a tour, communications with visitors, and other important action steps. This conference is scheduled immediately prior to the South Dakota Local Foods Conference. 

Please register by November 9. The cost to attend is $35, which includes lunch and snacks. No refunds will be issued after November 9. If you have any questions or for more information, contact Peggy Schlechter, SDSU Extension Community Vitality Field Specialist.

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