One of the things that I love doing is helping businesses and individuals see new possibilities and reach their potential. In February 2013, Lindsey Stapay of the Northwest Colorado Small Business Development Center (SBDC) reached out to me about becoming one of their Consultants. A year later, I am still learning about new programs for both the SBDC clients and my own private clients.

Here is a program with three levels that you may find of interest. These are currently specific to Colorado, but your local SBDC may have similar programs available.

Small Business Development Center advanced business development programSBDC ADVANCED is a new business development program administered by the Colorado SBDC Network. It is an economic gardening program, focused on helping our Colorado companies to grow by providing custom-fit market research and corporate-level tools that might otherwise be out of reach for small to mid-sized businesses. These businesses can then use this data to make informed strategic growth decisions.

The SBDC ADVANCED program is open to Colorado businesses at three levels: Gold, Silver, and Copper (see details below). Deliverables provided may include specialized reports in market research, geographic information systems (GIS), financial analysis, marketing and search engine optimization (SEO). The SBDC ADVANCED program taps into corporate-level tools, experienced consultants and their strategic plans. Businesses can apply to be involved in the SBDC ADVANCED program beginning January 1, 2014.

GOLD LEVEL Small BusinessThe SBDC Advanced Gold level is the choice for premier growth-oriented businesses. The full suite of high-end tools and sophisticated databases are utilized. The consulting team dedicates their time to the businesses unique needs.

After a comprehensive discovery meeting, the consulting team (with agreement from the business owner or leaders) focuses in on issues that the business has identified as opportunities or hurdles for growth. These will also be focus areas where research, information and insights may help the business make more informed decisions.

The research, deliverables, and outcomes are customized to the companies’ priorities and strategic growth initiatives. The experienced consulting team assists businesses with everything from refining core strategies and business models to identifying and prioritizing sales leads and business opportunities.

The Gold level is unique in both the amount of dedicated consulting time a company receives and the suite of customized tools made available to the business. The core consulting team in the Gold level is comprised of researchers and consultants with deep experience working specifically with second stage companies – industry experts are brought in to accommodate various industries and business niches, when possible.

Qualifications:

  • Be a privately held business Employ 6-99 employees full-time
  • Have maintained its principal place of business and a majority of its employees in Colorado for at least the previous 2 years
  • Have a gross revenue or working capital between $500,000 and $50,000,000
  • Have a product or service that is, or has the potential to be, sold outside the company’s local area or state

Cost: $750

SILVER LEVEL Small BusinessThe SBDC Advanced Silver level program provides businesses with the tools they need to grow in their respective markets and customize their strategic growth plans.

The SBDC Advanced Silver level provides companies with market research, industry concentration and financial benchmark data.

The specialized consulting teams are unique to the businesses’ regional SBDC office and vary with location and business industry. The focus is on strategic growth, refining business models, and identifying industry opportunities.

Qualifications: None

Cost: $250

BRONZE LEVEL Small BusinessThe SBDC Advanced Copper level program provides businesses with tools and consulting to customize their strategic growth plans.

The SBDC Advanced Copper level provides companies with market research and financial benchmark data.

The specialized consulting teams are unique to the businesses’ regional SBDC office and vary with location and business industry. The focus is on strategic growth, refining business models, and identifying industry opportunities.

Qualifications: None

Cost: $150

 

» Apply to one of the three levels at SBDC-Advanced Program.

» Contact Joey Jenkins at joey.jenkins@state.co.us or 303-892-3840 with questions.