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SE Minnesota Small Business Development Center (SBDC)


June 2, 2014
Southeast MN Small Business Development Center (SBDC) attends State Annual Knowledge Exchange Program

Members of Minnesota and North Dakota Small Business Development Centers (MnSBDC, ND SBDC) gathered May 14-15 in Barry Auditorium, Concordia College, for a two-day conference, organized by the West Central Minnesota Small Business Development Center (WC MN SBDC), focused on sharing experience and knowledge.

MnSBDC State Director, Bruce Strong, led the attendees in a celebration of the progress made in the previous year. The MnSBDC provided 31,672 consulting hours to their 3,036 clients, and provided 300 training events attended by 2,433 clients. The MnSBDC surpassed the Small Business Association’s (SBA) goals with $116,119,347 in capital infusion (goal –$100M) and 205 new businesses created (goal – 160).

The Knowledge Exchange Program (KEP) took place during several sessions throughout the conference. Southeastern MN SBDC Regional Director, Julie Kiehne, and Consultant, Rick Indrelie, learned about the legal aspects of patenting, family succession planning, financial analysis, determining the value of a business, and were given a tutorial of the SBDC’s new database, “Neoserra.” KEP’s featured speakers Alyssa Greve and Brianne Carlsrud from Sundog Marketing and Technology provided insight into how social media can benefit small businesses, Ryan Pesch from the University of Minnesota addressed Minnesota’s change in demographics, and Teresa Lewis facilitated a workshop on leadership.

Throughout the conference, attendees were encouraged to connect with members from other SBDC’s in Minnesota and North Dakota in order to share experience and innovations made in their own work through SBDC.

The SBDC provides confidential, no cost professional consultation services including business planning, Small Business Administration (SBA) and commercial loan packaging, marketing, business operation and management assistance.

The SE Minnesota SBDC is operated by the Rochester Community and Technical College with support from the Small Business Administration, the Department of Employment and Economic Development, multiple regional partners and local funding sources.