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EPA's Small Business Innovation Research (SBIR)

Wednesday, October 12, 2016


The U.S. Environmental Protection Agency announces the release of its Small Business Innovation Research (SBIR) Phase I Solicitation (https://www.epa.gov/sbir/sbir-funding-opportunities) to support the development and commercialization of innovative environmental technologies. The solicitation is posted on FedConnect, and all applications must be submitted through this electronic system.

EPA is one of 11 federal agencies that participates in the SBIR Program as a result of the Small Business Innovation Development Act of 1982. EPA is calling for small businesses to apply for Phase I awards up to $100,000 to demonstrate proof of concept in the following topic areas: air and climate, manufacturing, toxic chemicals, water, water and homeland security, and greener buildings. See the full solicitation for specific subtopics under each topic area and for details on how to apply. Successful Phase I companies are eligible to apply for Phase II funding, up to $300,000 for two years with a commercialization option of up to $100,000, to further develop and commercialize their technologies.

For general information on how to apply, visit https://www.epa.gov/sbir/how-apply-sbir-contract.


Missed the June 14, 2016, webinar on how to apply for the 2016 EPA SBIR Phase I Solicitation? Learn more: https://www.epa.gov/sbir/sbir-special-announcements

The EPA SBIR Program is part of EPA's Sustainable and Healthy (SHC) research program.

Key People to Add to Your Business Team

Monday, July 18, 2016
  By Kat Rico
  

You’re in business for yourself, yes, but you should never be in business by yourself. In order to be productive, you need a team of people behind you! Here are some key people we recommend that you have on your side for better and for worse while you’re in business (in no particular order).
  1. Accountant – You don’t have time to learn all of the tax and bookkeeping ins and outs, and you shouldn’t have to. Of course you should have a basic understanding of the concepts, but an accountant can help you figure out where your business might be hemorrhaging money, opportunities to save on taxes, and whether you have adequate cash flow to hire that first employee.

  2. Attorney – Things happen. Contracts go bad. Maybe you said something you shouldn’t have. Whatever the case, your attorney is there to help you and go to bat for you. They can also help you before you make a potentially bad decision by helping you select an entity type, review a lease, draw up a standard contract to use for jobs and more. Along with your accountant, your attorney can be a strong business ally. The best option is to have an attorney before you need one.

  3. Mentor – This is a person who has business experience, preferably in your industry, that you can bounce ideas off of and will give you constructive advice without sugarcoating reality. Your mentor needs to be someone who doesn’t have a stake in the business (so no investors), they only have a stake in your success. Meet them once in a while and catch up on the good, the bad and the ugly of how your business is doing. Don’t use your mentor just to vent or brag, but to learn about how you can do your business better. As a shameless plug for our services, this is the best area where the SBDC can help!

  4. Banker – Don’t just have a bank, but a banker. A real person you can call at your bank when you don’t understand a fee, need to buy some equipment or need to order checks. Communicate with them on a regular basis. Your banker is your friend and can alert you to potentially fraudulent activity, but only if they know how you normally spend your business money.

  5. Marketer - Your marketer should be able to help you identify who your customers are, how to reach them, and understand if you're reaching them. The best description we've heard comes courtesy of Larimer SBDC Social Media Specialist, Amy Alcorn, who told us, "Not having a marketing person for your business is like trying to flirt and winking in the dark." Don't invest money in advertising, online or otherwise, without talking to your marketer about your strategy.
Of course, there may be a couple of other people you want to regularly consult with about your business depending on your industry, but these are a good starting point to build a supportive network to help your business succeed.


10 Signs You Need Better a Better Understanding of Your Business Finances

Friday, September 04, 2015
      by Brian Cathcart, CPA, MS
Larimer SBDC Consultant
The Financial Lab

You are probably really good at providing the products and/or services of your business. But you might not feel so competent or confident about the accounting and financial analysis part of your business. Maybe you need to change your mindset regarding your financial reporting as something to get excited about. 

Don’t you get excited about things that make you money?  Financial reporting and analysis makes you money!

10 Signs You Need Better a Better Understanding of Your Business Finances
  1. You don’t know the role of accounting or what accounting means. 
  2. You are not using financial information regularly to make better business decisions.
  3. You don’t know how to calculate your break even or how to calculate sales necessary to achieve a desired level income.
  4. You don’t know what accounting infrastructure means.
  5. You don’t know what accrual based accounting means.
  6. You don’t understand why the balance sheet is the most important financial statement.
  7. You don’t understand why it is necessary or how to perform monthly reconciliations and close the books.
  8. You have a large accounting role without adequate training and education.
  9. You are a business owner or manager that would like to freshen up on all this accounting stuff.
  10. You are not excited about monthly financial analysis.
Do any of those strike a chord with you? The good news is the Larimer SBDC is here to help! We have free, confidential, individual business consulting with professionals like myself who understand the impact financials have on your business growth, as well as several upcoming training options. 

Check out the following helpful classes that are coming up soon:

Friday, October 2 9:00 AM - 11:30 AM
Quick Books Step 1 - Getting Started 
Brighton 
Friday October 9 9:00 AM - 11:30 AM
Quick Books Step 2 - Setting Preferences
Brighton
Tuesday, October 13 6:00 PM - 8:00 PM
Tax 101
Westminster
Monday, October 19 9:00 AM - 1:00 PM
Accounting Basics Designed for Entrepreneurs (2 Sessions)
Westminster

Need help sooner? Classes don't fit your schedule? 

Click here to request an appointment.