Capital Opportunities for Small Businesses - sbtdc

More documents

Recommendations

Info

C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S urban areas. Eligible activities under this program include developing, maintaining and implementing a Comprehensive Economic Development Strategy (CEDS) and related short-term planning activities. University Center Economic Development Institutions of higher education have extensive resources, including specialized research, outreach and technology transfer and commercialization capabilities, as well as recognized faculty expertise and sophisticated laboratories. The EDA-supported University Center (UC) program is specifically designed to marshal the resources located within colleges and universities to support regional economic development strategies in regions of chronic and acute economic distress. The UCs, which EDA considers long-term partners in economic development, are required to devote the majority of their funding to respond to technical assistance requests originating from organizations located in the economically distressed portions of their service regions. The UCs have a long history of promoting and facilitating economic development in their service regions. They have been among the first to recognize emerging technical assistance needs. For example, as early as FY 1980, EDA-funded UCs recognized and responded to the needs of small-and medium-sized manufacturers and processors for technology transfer and commercialization assistance. Research and Development Through the Research and Evaluation program, EDA builds the knowledge base for sound marketdriven regional and local economic development. This work is critical to ensure that EDA’s initiatives and investments are consistent with current best practices in economic development. Program evaluations ascertain EDA’s impact on measures such as return on taxpayer investment, private capital investment leveraged and the creation of higher-skill, higher-wage jobs. Projects under the Research and Evaluation program may be carried out through grants or cooperative agreements, as well as through studies conducted in-house, to maximize the impact of this modestly funded program. Trade Adjustment Assistance for Firms (TAAF) Program The goal of the TAAF program is to help economically distressed U.S. businesses develop strategies to compete in the global economy. Administered by EDA through a nationwide network of eleven EDAfunded Trade Adjustment Assistance Centers (TAACs), the program provides assistance to eligible firms in the development and implementation of customized business recovery plans. The TAACs, which are either non-profits or university-affiliated, provide cost-sharing technical assistance to eligible businesses to create targeted business recovery plans called Adjustment Proposals (APs). Firms contribute a matching share to create the APs and implement the strategic projects using consultants or industry-specific experts. In FY 2011, the TAAF program certified 317 petitions for certification of eligibility, and approved 183 adjustment proposals. Through Both the in-depth analysis of each firm and the execution of AP projects, distressed firms are given the opportunity to adjust to import pressures and become more competitive. Eastern NC Regional Office U.S. Dept. of Commerce - EDA POB 1707, Lugoff, SC 29078 803.408.2513 | www.eda.gov Western NC Regional Office U.S. Dept. of Commerce - EDA 771 Corp Dr, Ste 200, Lexington, KY 40503 859.224.7426 / www.eda.gov 54
C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S EDA Revolving Loan Fund Administrators in NC Albemarle Commission 512 South Church Street / POB 646 Hertford, NC 27944 252.426.5753 Counties: Camden, Chowan, Currituck, Dare, Gates, Hyde, Pasquotank, Perquimans, Tyrell, and Washington Loan Range: up to $100,000 Kerr-Tar Regional Council of Governments 1724 Graham Avenue / POB 709 Henderson, NC 27536 252.436.2040 | www.kerrtarcog.org Counties: Franklin, Granville, Person, Vance, Warren Loan Range: $25,000 to $200,000 Loan Program details: www.kerrtarcog.org/economicdevelopment/rev olvingloans.php Mid-East Commission 1385 John Small Avenue / POB 1787 Washington, NC 27889 252.946.8043 | www.mideastcom.org Counties: Beaufort, Bertie, Hertford, Martin, Pitt Loan Range: $20,000 to $100,000 Neuse River Development Authority 233 Middle Street, Suite 206 / POB 1111 New Bern, NC 28563-1111 252.638.6724 | www.nrda.org Counties: Carteret, Craven, Duplin, Greene, Jones, Johnston, Lenoir, Onslow, Pamlico, Wayne Loan Range: $35,000 to $150,000 Loan Program details: www.nrda.org/html/loan_programs.htm Southwestern Commission Post Office Drawer 850 125 Bonnie Lane Sylva, North Carolina 28779 828.586.1962 | www.regiona.org vicki@regiona.org Counties: Cherokee, Clay, Graham, Haywood, Jackson, Macon, and Swain Loan Range: $25,000 to $200,000 Loan Program details: www.regiona.org/econdev/revolving-loanfund.htm United Durham, Inc. Community Development Corp. (UDI/CDC) POB 1349 Durham, NC 27702 919.544.4597 kenturner@mindspring.com County: N/A- 12 specific census tracks from Durham City Loan Range: up to $60,000 Upper Coastal Plain Council of Governments 1309 South Wesleyan Boulevard P.O. Drawer 2748 Rocky Mount, NC 27802-2748 252.446.0411 | www.ucpcog.org ggodard@ucpcog.org Counties: Edgecombe, Halifax, Nash, Northampton, and Wilson Loan Range: $25,000 to $150,000 Loan Program details: www.ucpcog.org/index.phppage=381 55
Page 1 and 2:
C A P I T A L O P P O R T U N I T I
Page 3 and 4: C A P I T A L O P P O R T U N I T I
Page 53: C A P I T A L O P P O R T U N I T I
Page 63 and 64: APPENDIX A: QUICK REFERENCE TO SBA
Page 65 and 66: PROGRAM AMOUNT % GUARANTEE (MAX) US
Page 97 and 98: PROFILES: VENTURE CAPITAL FUNDS ACT
Page 105 and 106:
PROFILES: VENTURE CAPITAL FUNDS ACT
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149:
show all

Capital Opportunities for Small Businesses - sbtdc

Create successful ePaper yourself

Delete template?

Save as template?