Contact us in 2016!
2015 ended with a slow, steady economic expansion. We hope that extended to our clients and all of the businesses in our state. Did your business benefit? Would you like to benefit more?
Here are some of the reasons to contact the MU Extension Business Development Program in 2016.
- Proven results. In the past three years, fiscal years 2013-2015, the MU Extension Business Development Program helped Missouri firms create or retain 24,180 jobs, increased sales by $439 million, attract $419.6 million in new investment and win $1.4 billion in government contracts.
- The power of partnerships. The BDP leverages the strengths of numerous partners every day to deliver the best possible services to new and growing businesses in Missouri. These public/private partnerships include banks and financing agencies, government services, economic development agencies and such groups as the:
- Missouri Chamber of Commerce and Industry, with whom the BDP has forged a new partnership to deliver specialized services to our state’s growing businesses.
- The Missouri Innovation Center, which helps high-growth potential mid-Missouri businesses navigate the often daunting maze of commercialization through mentoring, securing financial support and providing the resources to conduct real R&D. The BDP routinely shares clients and resources to help these innovative companies succeed.
- The Faculty Entrepreneurship Bootcamp, a collaboration of UM’s four campuses, an eight-week course beginning at the end of January to help faculty members move bright ideas from concept to commercialization. The boot camp will use the National Science Foundation’s acclaimed Innovation Corps (I-Corps) curriculum. Contact Greg Tucker, associate state director of the Missouri Small Business & Technology Development Centers (SBTDC), at firstname.lastname@example.org for more.
- The Mizzou Venture Mentoring Service (VMS), which connects tech clients with a valuable, renewable resource — experienced Mizzou alumni-entrepreneurs. The VMS selects at least two rigorously vetted alumni entrepreneurs to act as mentors for up-and-coming ventures. Contact Tucker at email@example.com for more.
- Exports. Why export? More than 95 percent of the world’s economic activity is outside the United States. And the BDP’s International Trade Center can help Missouri businesses like yours export goods and services. Here are other good reasons to export. Or how about a skilled researcher who will help you zero in on your best markets? Try the Student Internship Program, a collaboration between the center and the MU Trulaske College of Business. Contact Larry Dill, director of the International Trade Center, at firstname.lastname@example.org for more.
- Find new customers with the BDP’s Business Growth Service team, who can provide the sort of top-level market information and strategies to expand revenue usually associated with large corporations.
- Compare your business’ financial performance to your industry and the competition.
- Prepare to sell your business or leave it to the next generation.
- Learn from other business owners in a robust roundtable through Peerspectives or in an energized presentation (1 Million Cups); or with MU student entrepreneurs (1 Million Slices), all sponsored or partially sponsored by the BDP.
- Grown so much it’s getting more difficult to do it all yourself? Maybe it’s time to create supervisory opportunities for your employees.
- Are you ready for the sharks? Our savvy, industry-experienced technology development and commercialization specialists can help take your intellectual property from the idea stage to commercialization. Some of the services available include patent searches, proposal preparation, application assistance for SBIR/STTR and other funding programs, post-award planning, introductions to investors, helping build your management team and evaluating the commercial feasibility of your technology. Contact Paul Bateson at BatesonP@missouri.edu.
- Obtain federal, state and local government contracts with the Missouri Procurement Technical Assistance Centers (MO PTAC), which helps hundreds of Missouri businesses — including small, disadvantaged and women owned firms — find, successfully bid on and obtain contracts. Maj. Timothy Kohls, U.S. Property and Fiscal Office, which manages federal property and funds for both the Army and Air National Guard, said MO PTAC is indispensable: “They (MO PTAC specialists) are the No. 1 resource for information on how to do business with the government,” he said.
- Fight back against foreign competition with the BDP’s Mid-America Trade Adjustment Assistance for Firms (TAAF) program, which provides funding and assistance to U.S. manufacturers and some service firms affected by changes in international markets, offshoring and other threats to competitiveness. The TAAF center is located in Independence but helps companies throughout Missouri, Kansas and Arkansas.
- A great partner in the MU College of Engineering.
The MU College of Engineering, which administratively hosts the BDP, is a wonderful partner for clients needing technical expertise in a variety of disciplines. The college is under new leadership as Dr. Elizabeth G. Loboa came to us as the new dean. She announced Dr. Sheila Grant, professor of bioengineering, as the new associate dean of research and Dr. Hani Salim as the new dean of academic programs. She also confirmed Steve Devlin, BDP director, as assistant dean of industrial relations and entrepreneurship to further the college’s relationship with industry, establish strong corporate partnerships, work to translate the amazing work being done at the College of Engineering to outside constituents and assist faculty in engaging industry in bringing products to commercialization. It’s a winning team!
- We can help. Contact us soon for your new beginning in 2016!
We wish you peace, prosperity and continued success in 2016. Drop us a line today!
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