Tuesday, December 17, 2013

#LoveMyChamber --- Return on Investment from my Annual Chamber Membership - The Michigan Small Business and Technology Development Center (SBTDC)

Confidential Business Consulting with Michigan Small Business & Technology Development Center business plans, small business loan assistance and financial packaging.

The Michigan Small Business and Technology Development Center (SBTDC) has four teams of consultants to provide services to Michigan’s existing, growing, technology-based and start-up companies. These teams are:

The Small Business Team
Our expert staff of experienced small business consultants is available in each of our 11 regions covering all 83 counties in Michigan. Every consultant is certified in small business counseling and has years of success working with small businesses. Our small business team is dedicated to assisting our clients with one-on-one counseling sessions, training and market research assistance.

The Business Growth Team - A statewide team of award winning specialists with extensive business experience
  • Diversifying markets
  • Increasing profitable sales
  • Conduct industry and market research
  • Improve management and operational effectiveness
  • Complete long-term strategic plan
  • Implementing and accountability support
  • Specialized consulting

The Export Specialist Team

The statewide SBTDC Export Specialist Team includes experienced business counselors with international business expertise. The team assists companies in a number of crucial areas targeting increase in export sales:
  • Export diversification planning focusing on identifying and penetrating new markets
  • Fiscal fitness analysis to ensure financial strength in order to pursue exports
  • Loan packaging for submission to banks
  • Management and operational effectiveness assessment
  • Strategic plan preparation
  • International search engine optimization (SEO) report for qualifying clients

The Technology Commercialization Team -
Advanced Tech Companies

The Michigan Small Business and Technology Development Center offers commercialization services to technology companies across the state. This is an initiative funded by the Michigan Economic Development Corporation that enables entrepreneurs to bridge the gap between technology development and commercialization.
Tech Team

The Michigan Small Business and Technology Development Center Tech Team is a state funded initiative that enables entrepreneurs to bridge the gap between technology development and commercialization. Our statewide team consists of nine consultants with proven track records of technology commercialization.

We focus our efforts in three key areas:
  • Access to capital
  • Access to resources
  • Strategic planning and execution
The Tech Team served over 300 clients in 2011 who attribute MI-SBTDC consulting to playing an important role in the $53,232,960 capital they raised, and the 169 new jobs they created.
Business Accelerator Fund

The Business Accelerator Fund is a 2 year, $3 million fund that may be accessed by participating business accelerators statewide to provide specialized business acceleration services to companies commercializing advanced technology. The services are provided by specialists that are recruited based on the company needs and help companies achieve important milestones such as raising capital or securing a first customer.
Emerging Technologies Fund

Managed by the MI-SBTDC, the Michigan ETF provides commercialization funding to match federal Small Business Innovation Research and Small Business Technology Transfer awards for technology-based Michigan companies. The Michigan ETF matches 25 percent of phase I awards up to $25,000, and 25 percent of phase II awards up to $125,000. The ETF awards are grants and award dollars must be used to help bring Michigan projects to commercialization.
Do you have a Technology Company?

A business in which research and development brings forth an innovative product or process. The innovation typically involves intellectual property that contributes to a strong competitive advantage in the marketplace, and serves as a foundation for a high rate of growth. More on the Definition of a Tech Company

The Michigan 21st Century Jobs Fund Initiative focuses on these categories of competitive edge technologies:
  • Advanced Automotive, Manufacturing, and Materials Technology
  • Agricultural Processing
  • Alternative Energy Technology
  • Homeland Security and Defense Technology
  • Information Technology
  • Life Sciences Technology -
Specializing in Growth Company AssistanceThe SBTDC provides a full range of services to growing businesses that includes not only strategic needs assessment (SNA) and market analysis but also ongoing strategy development, financial analysis and access to capital.

For more information, contact Michigan Small Business & Technology Development Center State Headquarters at Grand Valley State University - 1020 L William Seidman Center
50 Front Avenue SW - Grand Rapids, MI 49504
Phone: 616.331.7480
Fax: 616.331.7485
Email: sbtdchq@gvsu.edu

Source: Multiple Sources, including Michigan SBTDC website

Reasons to #LoveMyChamber: The Chamber Membership Value Proposition - Chamber of Commerce annual dues: Around $250. Value of the Chamber of Commerce benefit #15 - Teams of Michigan consultants to assist your technology or start-up company; $2500 - Return On Investment Features #1-#15 = $9300; Total Return On Investment for Annual Chamber Membership - 3720%.











The Michigan Small Business and Technology Development Center (SBTDC) has four teams of consultants to provide services to Michigan’s existing, growing, technology-based and start-up companies.  These teams are: 

Specializing in Growth Company Assistance

The SBTDC provides a full range of services to growing businesses that includes not only strategic needs assessment (SNA) and market analysis but also ongoing strategy development, financial analysis and access to capital.
- See more at: http://misbtdc.org/#sthash.lAScNth6.dpuf

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