Vision & Heels

Vision & Heels: Blazing New Trails in Coworking Space for Women and Women Allies

Florida SBDC at Daytona State College Assists with Executive Roundtable Growth XChange Program and Consulting Support

September 30, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or HThayer@ucf.edu

Trecia Arrington, Sub-Center Director, FSBDC at DSC, 386.506.3317 or Trecia.Arrington@daytonastate.edu

Orlando, FL – Ask any small business owner or entrepreneur -regardless of their business’s size or industry- “Have you ever felt like you are ‘on your own’ while trying to manage everything?” and they will likely answer “Yes!” The cliche about it being “lonely at the top” is too often true. Jeannette Rodriguez, the CEO and founder of Vision & Heels, a female-forward co-working space located in the heart of downtown Deland, FL, was dealing just such aloneness as she worked to grow her business. She turned to the Florida Small Business Development Center at Daytona State College (FSBDC at DSC), a service center of the FSBDC at UCF, for assistance by utilizing its no-cost, expert consulting and a new specialty program called Growth XChange.

Vision & Heels is a coworking space built for women and women allies. Its space offers opportunities for Central Florida to experience a new way of working together and connecting. Through its memberships and space, the company offers a range of amenities to help clients do their best work. “What makes Vision & Heels different is community,” Jeannette Rodriguez explains proudly. “We’re not just space. Yes, we have offices and conference rooms, but we are also truly a community. I don’t want an empty, cold space. I want a space where folks can come in, feel like their home, and connect with everyone here.”

Research has shown that one remedy for the isolation that can come with building and leading an organization is connecting with and collaborating with like-minded and like-positioned executives to share challenges, experiences, solutions, and more. To that end, and borrowing from the FSBDC at UCF’s award-winning CEO XChange, the FSBDC at Daytona State launched its Growth XChange, a roundtable program serving progressive business owners in Volusia County. Growth XChange provides a confidential setting to discuss vital business issues, opportunities, and trends with a group of peers designed to assist its members with managing the solitary nature inherent in leading an enterprise.

“I sought out the assistance of the FSBDC because I felt I needed, as a new business owner, to learn the ins and outs of owning a business and to know I wasn’t alone,” recalls Rodriguez. “All the feelings, all the fears that come with owning a business, from starting a business, from self-funding that business, I needed help in all aspects and being part of Growth XChange has allowed me to get that help. I have also had access to the FSBDC team, specifically Trecia Arrington, the FSBDC at DSC director and consultant,” shares Rodriguez. “She was able to make it comfortable for me and it’s been a great journey working with her.”

“I had the wonderful opportunity to start with the Growth XChange program from the very beginning,” Rodriguez continued. “I was able to get the support of the group and the services of the FSBDC that I needed to make the right decision, to make those marketing-spend decisions, to make those hiring decisions to continue to run my business while trying to expand. All of these services were provided by the FSBDC and they were amazing for me.”

“The FSBDC at DSC helped Vision & Heels grow to where we are today,” concludes Rodriguez, noting that, after only two years in business, the company has increased its available space by 100% and projected revenues have increased 50%. “In an area that was in decline, we are growing and we’re still growing and I have the FSBDC to thank for that.”

For information about Vision & Heels, please visit https://www.visionandheels.com/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2023, the Florida SBDC Network delivered 111,720 hours of consulting to 14,808 small business clients – resulting in business owners securing $346 million in capital, $576 million in government contracting, impacting 19,263 jobs, increasing sales by over $3.9 billion, and creating 1,058 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Florida SBDC at UCF

Florida SBDC at UCF Announces Third Annual Small Business Excellence Awards

Business Assistance Center Serving Central Florida to Recognize 2024 Entrepreneur of the Year and 2024 Start-Ups to Watch

September 17, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Orlando, FL – The Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) announces its third annual Small Business Excellence Award program in celebration of the success, growth, business acumen, and community involvement of FSBDC at UCF clients across its 8-county region. New this year, in addition to honoring the nominees and winner of the FSBDC at UCF Entrepreneur of the Year award, the Center will recognize Start-Ups to Watch in Central Florida. This new category will highlight emerging and growing small businesses who are new to the Central Florida small business community.

The Small Business Excellence Awards Program honors local small business owners for their innovation, determination, and resilience as demonstrated in the growth of their business and by their contributions to their local communities. The FSBDC at UCF’s 2024 Entrepreneur of the Year nominees and award winner, as well Start-Ups to Watch, will be recognized at an invitation-only Awards Luncheon on November 14, 2024, at the Citrus Club in Orlando, FL. This event is sponsored by Orange County Government, Florida First Capital Finance Corporation, and SouthState Bank.

Nominations from across Central Florida will be made by FSBDC at UCF consultants to acknowledge their clients’ significant growth; their resourcefulness in overcoming the challenges presented by small business ownership; and their involvement in their communities. The 2024 Entrepreneur of the Year will be selected by the FSBDC at UCF’s Executive Board which is comprised of local small business leaders, educators, and stakeholders committed to supporting the FSBDC’s mission to help small businesses launch, grow, and thrive through expertise, resources, and advocacy.

“We are excited to shine a spotlight on our clients’ achievements through our Small Business Excellence Award program and to celebrate the nominees for the 2024 FSBDC at UCF Entrepreneur of the Year award,” shared Eunice Choi, FSBDC at UCF Regional Director. “Small businesses are the key drivers of our local economy, creating prosperity, generating jobs, and improving the quality of life in our communities. The companies and individuals we will honor deserve recognition for their important accomplishments in and contributions to the Central Florida economy and community. It is an honor to be able to celebrate them.”

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offerings, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com.

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2023, the Florida SBDC Network delivered 111,720 hours of consulting to 14,808 small business clients – resulting in business owners securing $346 million in capital, $576 million in government contracting, impacting 19,263 jobs, increasing sales by over $3.9 billion, and creating 1,058 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Sunbeam Mental Care

Sunbeam Mental Care Thriving Again

Florida SBDC at UCF – Osceola County Consulting and GROWTH XChange Program Assists Behavioral Health Practice

August 7, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or HThayer@ucf.edu

                  Rafael E. M. Pratts, Area Manager, FSBDC at UCF – Osceola County, 407.847.2458 or RPratts@ucf.edu

Orlando, FL – Entrepreneurs and small business owners often encounter a formidable sense of isolation that can stem from starting and leading a company. Whether as a start-up or while navigating through difficult times, too many try to handle everything alone thinking that they have no other choice if they are to realize their dreams and build the business they envision. For Stephanie Cruz, founder and owner of Sunbeam Mental Care, challenges were mounting in her behavior health, counseling, and consulting company but she found the guidance and support that she needed at the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) office in Osceola County, Fl.

Sunbeam Mental Care distinguishes itself by its unwavering attention to providing a ‘sunbeam’ of hope in the form of the highest and best possible quality care and service. “We really care about people, and we really care about serving the community,” explains Stephanie Cruz, “but most of all we care about focusing on achieving the individual goals of the children, adolescents and adults, as well as couples and families, that we support and treat.”

“Originally I sought assistance through the FSBDC because my strengths are all in counseling and therapy,” Cruz recalls. “I have a lot of knowledge and training on the clinical side, about how to work with and help clients. But the business side was where I really needed support. I was in a desperate moment about how to do things right for the growth and stability of the business. That’s when I reached out to the FSBDC and had the opportunity to participate in their amazing programs.”

“When I started the process of getting help through the FSBDC,” Cruz shares today, “I had a lot of support through my FSBDC consultant Rafael Pratts. He provided so many resources, so many ideas, so many options about how to do things better. It was really, really helpful and was not just business support but also human support that I needed at that time.”

Cruz admits that Sunbeam Mental Care was struggling when she first approached the FSBDC at UCF for its advice and consultation. Pratts assisted in mapping out a strategy for performing a successful turnaround by working with Cruz to develop a business and marketing plan, including methods for managing people, boosting morale, building a budget, and uncovering ways to save money. The results have been powerful; since beginning with the FSBDC, Cruz has hired 12 new employees, won a working capital business grant from the City of St. Cloud, and is growing once again.

The FSBDC’s support didn’t end there. Cruz currently participates in the FSBDC at UCF Osceola County’s GROWTH XChange which presents top executives with the opportunity to broaden their business perspective and gain new knowledge by engaging in collaborative thinking and problem-solving – giving them the ability to more effectively lead their companies.

“The Growth XChange has been a really, really good experience,” affirms Cruz, “learning from other people about their journey and their challenges and how they have been able to overcome them. It gives you the sense that you’re not the only one going through the struggles of business ownership. I have to confess that I felt lonely at times as a business owner even though I had a very good team. All of the pressures and all of the responsibility are on you. I’m really grateful that Rafael launched this initiative because the Growth XChange has been so encouraging and has given me the motivation to keep focused and keep building my business.”

For information about Sunbeam Mental Care, please visit www.sunbeammc.com.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Maple Street Inc

Maple Street, Inc.: A Small Business Success Story

Leveraging FSBDC at UCF Services, Support and Programs, Vendor Management Services Company Founders Achieve Lucrative Exit After Growing from Start-up to $20 Million

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Orlando, FL – Success in business often begins with a visionary idea and the relentless pursuit of excellence. For founder Michael Crofts and CEO Teresa Crofts of Maple Street, Inc., their journey from startup to industry leader exemplifies this entrepreneurial spirit. Today, they celebrate the profitable sale of Maple Street, marking a significant milestone and the completion of their 20-year history of growth and innovation.

Founded in 2003, Maple Street emerged as a pioneer in vendor management services, revolutionizing the industry with innovative solutions that not only ensured regulatory compliance but also optimized client expenses and enhanced vendor performance measurement. “We differentiated ourselves by focusing on service over software, providing unparalleled value to our clients,” explains Michael Crofts, reflecting on the company’s inception and strategic direction.

A pivotal moment for Maple Street came with the guidance of the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF). Recognizing the need for structured growth, the Crofts turned to the FSBDC’s consulting services which provided crucial insights and strategies. “The FSBDC’s advice was instrumental in our decision to expand our team and refine our operational focus,” noted Michael Crofts. “This strategic shift, including the decision to bring Teresa on board as my partner, marked a turning point for Maple Street.”

Under Teresa Crofts’ organizational prowess and Michael’s sales leadership, Maple Street’s annual revenues grew from $1 million to over $20 million through the course of a decade. Beyond benefiting from the FSBDC’s no-cost, expert consulting, the company’s success was further bolstered by ongoing FSBDC’s support including business education programs and participation in the Advisory Board Council (ABC). “The ABC program guided us through critical growth phases, instilling discipline in goal-setting and strategic planning,” remarked Teresa Crofts, emphasizing the program’s impact on Maple Street’s operational efficiency and market positioning.

Another key resource for the Crofts included the FSBDC’s CEO XChange program, which facilitated collaborative discussions with peers and executives facing similar challenges. “CEO XChange provided invaluable networking opportunities and strategic insights that enriched our decision-making process,” shared Michael Crofts, highlighting the program’s role in fostering continuous learning and innovation within Maple Street.

Through their determination, perseverance, wisdom and hard work, the Crofts created the success that Maple Street has become. A fact that was recognized when they were named the 2023 Florida SBDC at UCF Small Business Excellence Award Entrepreneurs of the Year, the FSBDC’s most prestigious and significant annual recognition.

With Maple Street’s growth trajectory firmly established, the Crofts began exploring strategic opportunities for the company’s future. The decision to sell Maple Street was met with careful consideration and strategic planning, culminating in a successful transaction in March 2024. “Navigating the sale process was a journey that reinforced the importance of perseverance and strategic alignment,” reflected Michael Crofts. “We are confident that Maple Street is in capable hands with Cornerstone Advisors, poised for continued success.”

Looking ahead, both Michael and Teresa Crofts express gratitude for the FSBDC’s unwavering support throughout their entrepreneurial journey. “The FSBDC provided us with the expertise and resources needed to navigate complex business challenges and achieve sustainable growth,” emphasized Teresa Crofts. “Their support and counsel were important contributors in transforming our entrepreneurial vision into a thriving $20 million enterprise.”

As they embark on new endeavors, the Crofts encourage fellow entrepreneurs to leverage FSBDC’s resources and expertise. “Working with the FSBDC was invaluable for us,” concludes Michael Crofts. “It enabled us to focus on strategic growth and innovation, laying a solid foundation for Maple Street’s success.”

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

LTG Engineering & Planning

LTG, Inc.: Prepared for More and Bigger Projects Ahead

Transportation Engineering and Planning Leader Solidifies Its Future by Leveraging Learning from FSBDC at DSC’s CEO XChange Program

June 26, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

               Trecia Arrington, Sub-Center Director/Consultant, FSBDC at DSC, 386-506-3317 or Trecia.Arrington@daytonastate.edu

Orlando, FL – Entrepreneurs and small business owners tend to be an independent sort of breed. From the beginning, they choose to become their own bosses and that decision most often proves to be the right choice for themselves and for their businesses, especially early on. As a company grows in revenue and head count however, the decision-making process becomes more complex and the stakes become higher. Even as employees and managers come on board, a business owner soon learns that the adage that says ‘it’s lonely at the top’ can be a truism.

Having built his transportation engineering and planning consultancy into a highly successful company boasting over 22 years of service, Sans Lassiter, founder and president of LTG, Inc., formerly Lassiter Transportation Group, was contemplating his retirement and preparing his organization for the transition to new leadership. Rather than tackle this alone, he sought counsel from the Florida Small Business Development Center at Daytona State College (FSBDC at DSC), a sub-center of the Florida SBDC at the University of Central Florida, and its peer-to-peer executive roundtable coaching program for senior business leaders, the CEO XChange.

LTG, Inc. specializes in transportation planning, traffic engineering design, future roadway projection analysis, urban area modeling, and much more planning work of many types. Projects that the firm has worked on include Daytona International Speedway, I-95 at LPGA Boulevard Exchange, Tanger Outlet Mall, and Trader Joe’s Distribution Center to name just a few. “What I believe sets LTG apart is its strong belief in customer service,” explains Lassiter. “We typically get most of our work by word of mouth. We maintain our client base because we believe in doing quality work, providing it on time and within budget.”

Overseen by FSBDC at DSC sub-center director Trecia Arrington, the CEO XChange is a unique program designed to connect chief executives and cultivate their leadership of established, second stage companies. In monthly professionally facilitated sessions, members are empowered to broaden their business perspective and gain knowledge through collaborative thinking and problem-solving with the leaders of other non-competing companies from a diverse set of industries. “The thing that attracted me to the FSBDC’s CEO XChange program is the fact that it brought together some of the CEOs of good-sized firms in the area to discuss issues impacting them, their companies, and their company growth,” recalls Lassiter. “It provided me with a forum to ask questions and an opportunity to share what I’d learned through my years leading LTG.”

“It came about at a time in our company progression that was very important, “Lassiter continued. “I was in the midst of development of an ownership transition plan. What we were able to discuss with other members, as well as with some of the speakers brought in to speak to us at the CEO XChange, was very helpful in allowing me to crystalize what I was looking to do in terms of eventually retiring from my firm and yet making sure the company continued on successfully.”

“The relationships that you’re able to develop with other CEOs on a personal level were invaluable, “Lassiter affirms. “We were rewarded by finding out we’re not the only ones going through whatever issues we’re having and there may be a whole myriad of potential solutions that we can arrive at or make use of in bettering our companies. I think any firm would benefit from being a member of the FSBDC’s CEO XChange.”

For information about LTG, Inc., please visit https://lassitertransportation.com/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Airway Management

Turning It Around: Airway Management Gets Back on Track

Home Medical Equipment Company Returns to Profitability with Florida SBDC at UCF Assistance

June 17, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or HThayer@ucf.edu

                 Jill Kaufman, Associate Director/ABC Program Manager, FSBDC at UCF, 407.420.4854 or Jill.Kaufman@ucf.edu

Orlando, FL – The ability of a small business to overcome adversity becomes the difference between success and failure in almost every case. There are times, however, when the market’s headwinds are so formidable that even the most resourceful and resilient business owner needs help. Such a time unfolded for Daniel Ramsaywack, owner and President of Airway Management, Inc., and he turned to the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) for support.

Kissimmee-based Airway Management, Inc. is a home medical equipment company serving Central Florida and a leader in the delivery of professional healthcare products and services. It offers an extensive inventory of medical equipment, healthcare solutions, and supplies ranging from advanced respiratory care devices to mobility aids, all carefully selected for quality and reliability and delivered directly to the client’s doorstep – ensuring comfort, convenience, and peace of mind.

“Airway Management is unique and special because we provide individual service to our clients,” Ramsaywack says proudly. “When they call us, we pick up the phone. Even if it’s in the middle of the night, our therapists are there. Airway’s approach contrasts significantly with the big multinationals where calls go to a call center which then tries to reach someone in Florida which can be tough.”

Despite its strong business model, Airway Management found itself wrestling with difficult market conditions and a challenging insurance and Medicaid reimbursement environment. “I originally sought out assistance from the FSBDC because we were on a downward slide in sales and in margin,” recalls Ramsaywack ruefully. “We were losing money every month and it was not sustainable. We were going to go bankrupt. I needed to turn the company around and asked the FSBDC for help.

The Florida SBDC extended a full complement of resources to assist Ramsaywack. He participated in its award-winning Advisory Board Council (ABC) program, led by program manager Jill Kaufman. The ABC is a customized, no-cost board of experts providing advice to help businesses grow. The FSBDC acts as a matchmaker between established local businesses like Airway Management and area professionals who volunteer their expertise and are purposefully selected to address the specific needs of the FSBDC client.

The FSBDC’s services didn’t stop there. Ramsaywack took advantage of its no-cost consulting; its CEO XChange program, a peer-to-peer coaching group for growth-minded business leaders; and its Small Business Institute® program in which UCF graduate students work as consultants focused on defined projects under FSBDC supervision.

“The Advisory Board Council, in particular, helped me see a future for my business,” explains Ramsaywack. “It was like taking a microscope to my business to see where we were losing money, how we could mitigate those losses and turn it around. They did strategy analysis and financial projections. They reviewed the staff and our approach to human resources. They evaluated our marketing plan. They looked at so many aspects of our business and those insights helped me grow the business and turn it around.”

Significant credit goes to Danial Ramsaywack himself for his determination and willingness to be a change agent, especially through his lobbying efforts, relationship building, and service in various state level health care organizations that turned the tide for his industry on the insurance and Medicaid reimbursement front.

At the same time, he is vocal about his gratitude to the FSBDC. “Since working with the FSBDC, we have seen a growth in sales, cost reductions, improvement in gross margin and net income growth that is very positive for us,” Ramsaywack states. “We have helped people in our community as we have increased our employee base by one-third.  One of our proudest accomplishments is to have our patient count grow 300% over the last four years.”

“I’m just very grateful for the support of so many people at the FSBDC and elsewhere that helped make that all possible. For me, the FSBDC was Airway Management’s ICU (Intensive Care Unit). We needed emergency help, and we got it. For that I say, ‘Thank You’.”

For information about Airway Management, please visit www.airwaymanagement.com.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2023, the FSBDC at UCF served more than 2,800 entrepreneurs in Central Florida with consulting services, resulting in more than 10,100 jobs created, retained or saved; $743.5 million in sales growth; $59.2 million in capital formation; $122.5 million in government contract awards; and 164 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

FSBDC at UCF, University of Central Florida, Small Business Assistance

Meeting the Challenge: Consult Nutrition Takes Control of its Rapid Growth

Florida SBDC at UCF Assists Dietician Services Company Manage Its Today and Plan for Its Tomorrow

May 29, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Sharon Smith, Consultant, FSBDC at UCF, 407.497.5933 or sharon.smith2@ucf.edu

Orlando, FL – Rapid revenue growth is the target that all small businesses dream of and aim for, until it happens and new problems arise. Then, while the challenges and growing pains are welcome, they can often feel overwhelming. Suddenly what was a small operation has become a big undertaking and new issues crop up almost everywhere. It was exactly that situation that Wendy Lombard, founder and president of Consult Nutrition, encountered. Her solution was to turn to the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) for assistance and guidance, and she is happy she did.

Consult Nutrition provides dietician services for geriatric facilities including long-term care, skilled rehabilitation, and assisted living. Comprised of a team of registered and licensed dietitian professionals, Consult Nutrition creates customized dietary programs focused on seniors. “We’re different from other consulting companies because we prefer to be a small company,” explains Lombard, “which enables us to really know our clients, to know what their needs are. Being small also allows us to be more of a team and work with each other to come up with creative solutions for the patients we are serving and for our clients who care for those patients.”

“We originally looked for help from the FSBDC because our company had grown so rapidly that my job was transitioning from working with our clients and our patients to actually running a company,” Lombard recalls, “and dealing with all sorts of issues that I just was not equipped to handle.” Enter FSBDC at UCF consultant Sharon Smith to assist by providing the FSBDC’s no-cost, expert consulting and guidance on a multitude of fronts, including business planning, financial forecasting, access to capital, marketing, and human resources.

“When we started working with Sharon, we were initially considering what we wanted to do with the company in the future,” says Lombard. At the same time, Consult Nutrition was growing so fast that cash flow was becoming a concern. “I was focused on getting financing to make sure that it wasn’t such a challenge to make sure our staff got paid on time,” Lombard shared. “Sharon was able to help us with that and to look at other things, important things like legal and human resources considerations and not being a tiny little business that is not subject to those regulations. She also helped with a business valuation that opened our eyes to opportunities we hadn’t before contemplated.”

At the same time, having helped Lombard master Consult Nutrition’s growing pains, Smith kept asking “where do you want the company to be in 5 – 10 years?” “I was so excited about having achieved what we had achieved, I really hadn’t thought about the future. Now we are looking at how do we help this company grow and what dreams do we have about what we can turn this company into,” Lombard states.

Lombard is now on a steady course and managing the company’s growth more effectively, with revenue having increased 50% year over year, necessary funding having been accessed, and additions made to her team. “I would advise anyone to absolutely reach out to the SBDC,” concludes Lombard. “There are so many resources – much more than I had been aware of – that are available to you at no cost and that support is just invaluable when you’re a small business.”

For information about Consult Nutrition, please visit https://www.consultnutritioninc.com/.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2022, the FSBDC at UCF served more than 2,700 entrepreneurs in Central Florida with consulting services, resulting in more than 10,600 jobs created, retained or saved; $793.9 million in sales growth; $66.7 million in capital formation; $103.8 million in government contract awards; and 160 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Candelaria Eatery & Cafe

Happy Together: Candelaria Eatery and Café Open and Thriving

Florida SBDC at UCF – Sumter County Assists Colombian Fusion Restaurant Start-up and Navigate New World

May 28, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Jamie Mead, Area Manager/Consultant, FSBDC at UCF Sumter County, 352.689.4698 or Jamie.mead@ucf.edu

Orlando, FL – Starting, owning, and growing a small business – and serving as the “chief decision maker” – does not have to be a lonesome or daunting endeavor. The most successful entrepreneurs and small business owners proactively seek resources and assistance that support and empower their efforts. When Javier Garcia and Angelica Moncada – owners of Candelaria Eatery & Café, a new Colombian fusion restaurant in Oxford, FL – were faced with the challenges that the hospitality industry often presents while starting a new restaurant, they quickly recognized that they needed guidance and turned to the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) office in Sumter County for help.

Garcia and Moncada came to the U.S. from Colombia on an investment visa with the plan to invest in a new restaurant and decided to start Candelaria Eatery & Café. It offers a fusion of Colombian and American cuisine in a brand-new, fresh, and modern space specializing in fresh ingredients that are cooked to order. They grind the beef for their burgers themselves daily and their classic rice & beans are homemade. “We want to introduce people to Colombian flavors and specialties in a unique space,” explains Angelica, “while offering familiar American dishes as well. Our lemonade is made to each individual’s taste; our coffee is 100% original Colombian; and we have Colombian bites that we make from scratch every day.”

While they owned restaurants and businesses in Colombia, this new venture was Garcia’s and Moncada’s first experience starting a business in the United States. “The restaurant industry is not an easy one,” states Javier, “so we didn’t hesitate to contact the FSBDC and its Sumter County consultant Jamie Mead because we needed as much information and help as we could get.” Continued Moncada, “we tried to do it ourselves at the beginning, searching the internet about how to start a business, but it was so difficult. The licenses, the permits, the taxes, the registrations were just so much that we needed guidance.”

Mead provided Garcia and Moncada with the FSBDC’s no cost consulting services and assisted them with navigating all of the necessary business start-up steps. This included discussion of state and county licensing requirements and applications; educating them about sales tax, workers compensation, payroll taxes, and income taxes; preparation of a business plan, conducting market research, and elements of human resources planning and hiring.

“It’s a long and hard path to walk through,” recalls Javier, “so thanks to Jamie everything was easier, and we can say that we made it because we have opened successfully and we are full of hope for the future. It’s good to have someone you can rely on and tell everything to, about your doubts and your fears,” he affirmed. “Maybe the hardest part as a business owner is the anxiety that you have when you are opening. At the SBDC you can ask as many questions as you have and visit as much as you need, all at no cost. It helps you build up your confidence and become sure that you’re doing everything the right way every day.”

“I want to say thank you again SBDC because everyone has been so nice and so helpful. Since the beginning, they have guided us every step of the way,” Angelica concluded. “We know we can keep counting on the SBDC as well, so we’re very happy to have found them and we will keep working with them as much as we can,” added Javier, thereby confirming that working together, not alone, is once again a proven path to success for a small business.

For information about Candelaria Eatery & Cafe, please visit https://order.toasttab.com/online/candelariaeaterycafe.

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2022, the FSBDC at UCF served more than 2,700 entrepreneurs in Central Florida with consulting services, resulting in more than 10,600 jobs created, retained or saved; $793.9 million in sales growth; $66.7 million in capital formation; $103.8 million in government contract awards; and 160 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

Small Business Institute, SBI

UCF College of Business Students Win Small Business Institute® National Honors in Florida SBDC at UCF Program

Student Team Assists Local Small Business with Award Winning Consulting

May 17, 2024

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Orlando, FL – A student team from the University of Central Florida’s College of Business recently won 1st Place honors in the 2023-24 ‘Graduate Feasibility – Comprehensive’ category of the Small Business Institute’s® (SBI®) annual Experiential Learning Project of the Year competition.

Competing against MBA teams from across the country, the UCF student team of Keith Bassett, Justin Pineiro, and Rachel Spencer won in the Graduate Feasibility – Comprehensive category on the strength of their consulting project for Trapline Pest Solutions, a locally based pest control company owned by Gladys and Wayne Salicrup.

This is the 19th time a UCF student team has won an award since 2009 when UCF and sponsor Florida Small Business Development Center at UCF (FSBDC at UCF) first participated in the SBI® national competition. SBI® is the premier provider of professional development for experiential student team consulting and entrepreneurship education, research, and activities.

The Small Business Institute® is featured as a graduate level class in the UCF College of Business’s Department of Management: ENT 5946 – Small Business Consulting. The course is led by faculty advisor and Department of Management instructor Dr. Carl Blencke as part of a management class. The Florida SBDC at UCF manages the program by recruiting its clients, evaluating the students’ skills, and then matching them to the clients’ needs. The student team is then guided through the process by an FSBDC consultant acting as the Case Supervisor.

“Congratulations go out to Mr. Bassett, Mr. Pineiro, and Ms. Spencer on their award-winning work,” said Rebecca Bennett, PhD., Professor and Chair of the Department of Management at UCF. “The SBI® program as part of our course offering is an important educational partnership between UCF and the FSBDC and a valuable experiential learning platform that contributes to the quality of the student educational opportunity at UCF.”

“Being recognized as 1st Place winners in the SBI®’s competitive awards program is an honor for UCF’s MBA students, the College of Business’s Department of Management, the College itself, and the University. It is wonderful recognition of the important assistance provided by the combination of UCF students, the FSBDC and by UCF itself to our client Trapline Pest Sotions,” commented Eunice Choi, Regional Director at the Florida SBDC at UCF. “We applaud the students who have contributed to a small business’s growth, to the FSBDC’s clients Gladys and Wayne Salicrup of Trapline Pest Solutions for their commitment to success, and to UCF’s College of Business for offering a class that so admirably serves its students and its Central Florida business community.”

In the winning project, the UCF team outlined a scope of work which included three parts: a financial analysis, a marketing plan (to include a detailed competitive analysis), and additional tools/deliverables including an operational plan, Action Plan & KRA (Key Result Areas) Tracker, and a Customer and Sales Tracker. These practical tools were designed to help Trapline operate more strategically and to boost visibility of the company amongst its target markets. The team provided a thoughtful and detailed competitive analysis of four of the client’s biggest competitors and included beneficial industry research focused on providing the clients with new insights into the pest control industry. A major and unexpected “value-added” for Trapline came out of the team’s financial analysis when it made a great discovery that Trapline was eligible for employee retention tax credits (ERTC), as it had actively remained open throughout the pandemic (keeping each of its employees).

— FSBDC —

About the Small Business Institute® Program in Central Florida

The Florida SBDC at UCF (FSBDC at UCF) sponsors the Small Business Institute® in Central Florida and, in conjunction with the Department of Management at the UCF College of Business Administration, manages the SBI® program locally. It recruits and evaluates FSBDC clients for the program, lends FSBDC consultants as SBI® case supervisors, and provides a range of guidance and support.

At the UCF College of Business Administration (UCF CBA), SBI® is a graduate‐level elective course. Students enrolled in the class provide management consulting services to local small businesses. Each student team has direct contact with the client and produces a professional case report. The report is the ultimate product of the program and is tailored to each business. Case study reports have included market research, marketing plans, competitive analysis, advertising strategy, customer surveys, strategic plans, financial analysis, human resource best practices, and business plans.

The SBI® Program is offered as a full-semester credit course through the CBA’s Department of Management. During the semester, the student teams complete extensive research and analysis to determine industry best practices; meet regularly to understand company processes and procedures; and perform wide-ranging analysis of business and industry strategies and performance. As a result of their efforts, the students are able to provide a comprehensive final report and set of recommendations.

SBI® is a nation‐wide program that provides high‐quality business assistance to companies in need while providing an extraordinary opportunity for university students to learn through field case studies. Each project is led and conducted by a group of students under the supervision of an SBI® Director or faculty member. The experience is often cited by students as being one of the most rewarding of their academic careers. In today’s collegiate environment there is a strong emphasis on experiential learning, and the SBI® has been at the forefront of this movement for over thirty years.

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2022, the FSBDC at UCF served more than 2,700 entrepreneurs in Central Florida with consulting services, resulting in more than 10,600 jobs created, retained or saved; $793.9 million in sales growth; $66.7 million in capital formation; $103.8 million in government contract awards; and 160 new businesses started. For more information, please visit www.sbdcorlando.com .

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com

FSBDC at UCF, University of Central Florida, Small Business Assistance

2024 National Small Business Week Celebrated by FSBDC at UCF

FSBDC at UCF Clients, Community Partners and Advocates Honored as U.S. Small Business Administration Award Winners

FOR IMMEDIATE RELEASE

Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or hthayer@ucf.edu

Orlando, FL – The Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is celebrating the US Small Business Administration’s (SBA) National Small Business Week with a luncheon and awards ceremony honoring local SBA award winners.

Florida SBDC at UCF clients, partners and advocates are being recognized by the SBA and FSBDC for their significant contributions to the economic health and wellbeing of Central Florida, the State of Florida and the nation as a whole. The 2024 state and district level SBA award winners being celebrated at the luncheon are:

 

Small Business Person of the Year

State of Florida and North Florida District

Yanet Herrero, Kings Service Solutions (Orlando, FL)

Woman Business Owner of the Year

South Florida District

Lizbeth Walker, CEO, Qwalifize, LLC (Kissimmee, FL)

 

Minority Business Owner of the Year

North Florida District

Naresh “Nanu” Manek, CEO, Worldwide Sportswear (Port Orange, FL)

Community Partner of the Year

State of Florida and North Florida District

Rafael Caamano, Veterans Entrepreneurship Initiative (Orlando, FL)

In addition, at the luncheon the SBA and Florida SBDC at UCF recognized leading supporters and lenders who contributed to the success and growth of Florida entrepreneurs and small businesses :

FSBDC at UCF Regional Volunteer of the Year

Albert Anderson, CFO, Nperspectives

SBA Fiscal Year 2022 Top Lenders for North Florida

Top Certified Development Company by Dollar Amount & Number of Loans

Florida First Capital Finance Corporation, Inc.

John Hanrahan, Vice President

Top Community Credit Union

Orlando Credit Union

Suzanne Weinstein, CEO

Top Micro-Lender

Black Business Investment Fund

Trey Alston, Director of Lending

The FSBDC at UCF’s National Small Business Week celebration will occur on Tuesday, May 14th at the 2024 Small Business Awards Luncheon, which will be held at the Citrus Club in downtown Orlando. The luncheon will feature remarks by representatives from the Florida SBDC and the U.S. Small Business Administration who will present the awards to the local FSBDC at UCF and state and district SBA awards recipients in attendance. The luncheon is generously sponsored by Orange County (Gold Sponsor), Bank of America and Florida First Capital Finance Corporation (Silver Sponsors).

“It is a privilege to be able to honor these amazing small business owners,” said Eunice Choi, Regional Director of the Florida SBDC at UCF. “Their vision, determination and commitment have made them stand out among our many, many successful clients and we applaud them as 2024 U.S. Small Business Administration Award winners. The FSBDC at UCF provides consulting, business training, and access to market research that enables companies like these to excel. We are gratified to have assisted them in their achievement in some small way.”

“We are also indeed pleased to be able to acknowledge our partners for the important roles they play in our community and in helping the FSBDC support our clients. It is especially gratifying to commemorate the SBA North District’s Fiscal Year 2022  Top Lenders,” Choi continues. “Access to capital is a major challenge for small businesses and critical to their success. These lenders have truly distinguished themselves by their willingness to support small businesses in Florida.”

“In sum, we are proud to be able to celebrate the success of some of our highest achievers – clients, partners and advocates alike – while also acknowledging all that our small businesses do to help make Florida the best state in the nation to work, live and play,” Choi concluded.

National Small Business Week is proclaimed by the President of the United States to recognize the critical contributions made by America’s small businesses and entrepreneurs to our economy. More than half of Americans either own or work for a small business, and they create about two of every three new jobs in the U.S. each year.

During National Small Business Week, the U.S. Small Business Administration highlights the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. Every day, they’re working to grow small businesses, create 21st Century jobs, drive innovation, and increase America’s global competitiveness. This year’s week-long celebration ran from April 28 to May 4 with events being held in multiple cities from coast-to-coast throughout the month of May that are designed to help small businesses start, grow, and succeed.

 

— FSBDC —

About the FSBDC at UCF

Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of part of UCF’s Office of the President and the Florida SBDC Network.

The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.

In 2022, the FSBDC at UCF served more than 2,700 entrepreneurs in Central Florida with consulting services, resulting in more than 10,600 jobs created, retained or saved; $793.9 million in sales growth; $66.7 million in capital formation; $103.8 million in government contract awards; and 160 new businesses started. For more information, please visit www.sbdcorlando.com .

 

About the Florida SBDC Network

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.

In 2022, the Florida SBDC Network delivered 117,750 hours of consulting to 14,758 small business clients – resulting in business owners securing $446 million in capital, $445 million in government contracting, impacting 23,515 jobs, increasing sales by over $4.5 billion, and creating 825 businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

FSBDC at UCF | 3201 E. Colonial Drive | Orlando, FL 32801 | p 407.420.4850 | f 407.420.4862
sbdc@ucf.edu | www.sbdcorlando.com