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March-April 2023
Florida SBDC at FAU Recognized for Innovation and Excellence

The Florida SBDC at FAU recently received the NASBITE International 2023 Program Excellence Award for assisting to develop and promote international trade. This award recognizes innovation and excellence in international trade instruction, curriculum development, research, program development and/or advocacy of international business issues.

Flooding Recovery Assistance Available

The Florida SBDC at FAU is here to help those affected by the flooding in Broward county.

The Florida Department of Economic Opportunity has activated the Florida Small Business Emergency Bridge Loan (EBL) Program. The loan program provides short-term, zero-interest loans to small businesses who experienced economic injury or physical damage due to the Broward County Flooring.

Loans approved through the Emergency Bridge Loan Program are intended to bridge the gap between the time a disaster impacts a business and when a business has secured longer term recovery funding, such as federally or commercially available loans, insurance claims, or other resources. 

Eligible small businesses with two to 100 employees may apply for loans of up to $50,000 through the program. Businesses must also be located in Florida, have been established prior to April 13, 2023, be located in Broward County, must have been economically or physically damaged by the Broward County Flooding, have a credit score of 600 or above, and must have repaid all outstanding EBLs.

Visit www.FloridaJobs.org/EBL to learn more about the program, as well as to view the lending guidelines and required documentation and to complete an application by the June 19, 2023, deadline. 

Questions?
For questions and those seeking assistance, please complete a request for consulting.
Business Continuation Services

The Florida SBDC at FAU provides education, training and assistance to prepare for and recover from natural and man-made disasters.

Business Damage Assessment Survey

Due to the declared emergency regarding the recent flooding event in Broward County, the Business Damage Assessment Survey has been activated to help state and federal officials determine the level of need for assistance.

Visit the survey here.
Consultants at FAU

Check out business consultant Tony Lasi as he explains what a small business means to him and the importance of supporting business owners.

Small Business Success Summit

The Florida SBDC Network will host the Small Business Success Summit, Aug. 2 and 3 in Fort Lauderdale, Fla.

The summit features keynote speakers, breakout sessions and networking opportunities that gives small businesses strategies and connections to help further their business.

Register here.
Grow your business with virtual marketing, business valuation, live content and back office management tools, power of intelligence, or digital transformation. Register today.
All sessions are virtual and between noon to 1 p.m., E.T.
Growth Acceleration Plans 

Acceleration consultants deliver in-depth consulting in the areas of cash flow management, financial analysis and capital access, marketing and strategic business planning. Businesses are provided the tools, strategies and expertise needed to accelerate business growth and success in today’s competitive market. Participate in one or more sessions of direct consulting to receive a professional growth acceleration Phase I Report that includes:

  • Description of the methodology of the report and the company background
  • Market and industry analysis and data for decision making
  • Financial statement analysis
  • Report Recommendations

Virtual Marketing Plan

Participate in one or more sessions of direct consulting to define the scope of the virtual marketing plan. Receive a comprehensive plan that includes an analysis of the current state of your business with strategies to address the new business environment:

  • Current and recommended marketing strategy
  • Target markets, marketing channels, advertising
  • Analysis of competitors, brands, social media, website, email marketing, e-commerce platforms and customer segment
  • Action plan and priorities to address the new-normal and re-opening strategies
Still have questions? As always the SBDC at FAU is here for you, contact your lead consultant directly, or set up a consultation with a consultant here.
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The Florida SBDC at Florida Atlantic University is a member of the Florida SBDC Network, a statewide service network funded in part through cooperative agreements with the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners; with the University of West Florida serving as the network's lead host institution; and nationally accredited by the Association of SBDCs. SBA's funding is not an endorsement of any products, opinions or services. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the Florida SBDC at FAU: sbdc@fau.edu.