1. Indiana Small Business Development Center Central ISBDC Krista Tevebaugh, Business Advisor

2. What is the ISBDC? Partners with SBA and the newly established Office of Small Business & Entrepreneurship(OSBE). Statewide in coverage with 10 regions based in chambers of commerce, economic development organizations, universities and units of government. Part of a national network of 1,000 centers.

3. Our Mission The ISBDC creates a positive and measurable impact on the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and a comprehensive network of resources. Serving small businesses & entrepreneurs since 1985.

4. Central ISBDC The central Indiana region of the Indiana SBDC Network serves Marion, Hamilton, Boone, Hendricks, Morgan, Johnson, Shelby, and Hancock Counties. Our Regional Host is: Indy Chamber Benefits: B.O.I Micro Loan Program Hispanic Business Counsel Central Indiana Women’s Business Center

5. ISBDC Startup Services Confidential, One-on-One No Charge Consulting Feasibility Analysis Market Research Business Plan Assistance Referral assistance Financing Strategy –Bank Loan Packaging –Alternative Investment Options

6. ISBDC Established Business Services Strategic Planning –Simplex Creative Problem Solving Process Expansion Financing Assistance –Bank Loan Packaging Marketing/Sales Plan Development Business Acquisition Assistance Referral Assistance Financial Diagnostics/Benchmarking –Profit Cents Operations Assessments

7. Market Research Business Information/Reports –Consumer Spending Reports –Demographic Reports –Market Potential Reports –Maps –Traffic Counts and more! Prospect/Competition List & Industry Data –Reference USA Industry Reports –IBIS World

8. ISBDC’s Additional Services PTAC (Procurement Technical Assistance Center) Partnership –Free one-on-one confidential counseling –Help to obtain certification –Help to obtain government contracts Small Biz Navigator (smallbiznavigator.com) –Created by business advisors and other professionals. –Walks you through entire plan step by step. –Advisor can work on your plan with you in real time. –Feasibility Plan Edition $29 –Business Plan Edition $59 –Marketing Plan Edition $59 Educational Workshops –Launch Your Own Business –Business Legal Matters –How to write a business plan

9. ISBDC’s Additional Services (cont.) Business Valuation –Licensed Valuation Program recognized by the SBA –Only $59 Launch Indiana – Innovation-Driven Entrepreneurs Small Business Ombudsman –OSBE staff member there to assist advisor with State Information LINK Indiana –Online Business Resource Catalog –Free to add your Business (service industry only) –Located on the ISBDC website Export Development Assistance –Free consulting with Export Specialist at Foreign Targets

10. ISBDC 2014 State Impact Numbers Total investments in small businesses: $111,375,246 One on one counseling hours: 16,205 New business starts: 215 Fulltime Employee jobs created: 1,393 *Client Verified Information

11.  BOI has been proving direct access to capital for small business owners since 2011  Have 5 loan capital sources (Glick Foundation, IHCDA, City of Indianapolis, JP Morgan Chase & the Small Business Administration – Microloan Intermediary)  Loans ranging from $1,000 - $50,000 generally Micro Loan Program

12.  Lending – smaller loan amounts for early stage companies, larger loans for existing businesses, believe in phased funding  Available for start-ups or existing businesses  No minimum personal credit score required, however we do look at credit issues  ITIN accepted in place of SSN (making loans available to immigrant entrepreneurs)

13.  Interest Rate = Prime + 3% to 8%  Applicant must be at least 18 years old, reside and operate a business in Central Indiana  Application fee is based on the size of loan and can be discussed with your Business Coach/Advisor  We have received SBA Microloan Intermediary Status, we are expanding into the full Indy Chamber footprint – 9 counties

14. Start Working With the ISBDC Business Owners: Take the Online Assessment @ www.isbdc.orgwww.isbdc.org Referral Partners Such as: Bankers and business to business resources. Contact me directly at ktevebaugh@isbdc.orgktevebaugh@isbdc.org QUESTIONS??

15. If you have additional questions on this topic, please contact: Krista Tevebaugh Business Advisor Central ISBDC 317-250-1181 ktevebaugh@isbdc.org 111 Monument Circle, Suite 1950 Indianapolis, IN 46204 www.isbdc.org The Small Business Development Center (SBDC) is partially funded by the U.S. Small Business Administration under cooperative agreement number 4- 603001-Z-0015-19. The support given by the U.S. Small Business Administration through such funding does not constitute an expressed or implied endorsement of co-sponsor(s) or participants’ opinions, products or services. Any opinions, findings and conclusions or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the U.S. Small Business Administration. SBDC programs are nondiscriminatory and available to individuals with disabilities.