Business News Updates

We share information from the KSBDC and from our resource partners to keep you current on events, services, information, and assistance to help you start and grow your business.

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Do you know a successful business owner?
Nominate them for a 2015 Small Business Week Award!

The U.S. Small Business Administration Wichita District Office has announced that SBA’s online portal is ready to accept nominations for its 2015 Small Business Week Awards, including the annual Small Business Person of the Year award. 

Read more about the awards on the SBA website and nominate on the SBA portal.

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Tuesday, November 4, 2014 9:00 AM - 4:00 PM
Kansas Leadership Center, 325 E. Douglas Ave. Wichita

If your firm is a current government contract recipient, or if you have bid and never won, this one-day training will provide valuable information to help your business grow.

For more information or to register, please contact:
Wichita District Business Opportunity Specialist Teri Taylor
teri.taylor@sba.gov (316) 269-6426, Ext. 223 

JPEG ImageJoin us 10:00-5:00 on Thursday, September 25 at Century II

Stop by KSBDC booth # 411 at Exposure, the Wichita Metro Chamber's premier networking event, 10:00 AM - 5:00 PM on September 25 at Century II Expo Hall. Our staff will be available to talk with you about our consulting services and training.

JPEG Image USPTO and MBDA Offer Webinars on Filing a Copyright, Patent and Trademark

The United States Patent and Trademark Office (USPTO) and the Minority Business Development Agency (MBDA) will co-host a complementary three part webinar series to help business owners understand the intellectual property process12:00-1:00 Tuesday, August 12-Thursday, August 14. 

The webinar series will teach attendees how to electronically file a copyright, patent, and trademark application.
Series on electronic filing includes:
• Tuesday, August 12th – A Copyright Application
• Wednesday, August 13th – A Trademark Application
• Thursday, August 14th – A Patent Application

This series will provide minority business owners and innovators with a wealth of information, resources, and tools to protect and promote their intellectual property.

JPEG Image      GPCC Offers Business Owners Opportunity to Present to Investors

The 11th Annual Great Plains Capital Conference will be held on Thursday, September 25. Applications from emerging businesses seeking funding who would like to present to angel investors will be accepted through Tuesday, August 15. A select group of business owners will be given the opportunity to present to a large number of investors during the conference. For more information see the website: http://www.greatplainscc.com.

JPEG Image  Registration for the Wichita Ice House is Now Open

The Ice House Entrepreneurship Program, offered by the Wichita Entrepreneurship (E-) Community, is for people of all ages and backgrounds from the inner city of Wichita who are interested in learning more about how to position themselves to see challenges, not as hindrances, but as an opportunities. This revolutionary new learning program is designed to inspire and engage participants in the fundamental concepts of an entrepreneurial mindset and the unlimited opportunities it can provide

The Kansas Ice House Course consists of 8 weekly sessions of two hours each. Each participant receives a copy of the book, Who Owns the Ice House, a course workbook, and a license to complete the assignments and course work from home.

This will be the first offering of the course in Wichita, and the E-Community Board members feel it is important to achieve diversity in terms of background and current occupation among participants. Therefore, the Board will review each application individually. If you are not selected for the initial training, we will contact you when the series will be offered again.

Class begins September 24th 5:30-7:30 PM
Wichita Workforce Center
2021 N. Amidon, Suite 1100
Wichita, KS 67203

 Click to apply for the Wichita Ice House.

WSU Will Assist Innovators with New Funding From SBA Federal and State Technology (FAST) partnership program

The U.S. Small Business Administration (SBA) awarded Wichita State University $90,000 to strengthen the technological competitiveness of Kansas’ technology-based small businesses in the innovation and commercialization of new technology. WSU will use the funding to support small business participation in the Small Business Innovation Research (SBIR) program.

WSU’s Office of Research and Technology Transfer received the award and will utilize the resources of the university’s Kansas Small Business Development Center (KSBDC) and Center for Entrepreneurship to conduct a series of workshops, training, classes and outreach to provide information to businesses that have an interest in submitting applications for SBA funding.

JPEG Image     Manufacturing Competitiveness Workshop Scheduled for August 14

The Wichita Manufacturer’s Association (WMA) and Wichita State University (WSU) Office of Research and Technology Transfer have partnered with the Federal Reserve Bank of Kansas City to host a workshop on Midwest Manufacturing Competitiveness 8:00 AM - 11:00 AM on Thursday, August 14 at the National Center for Aviation Training in Wichita. Registration is $10. To register, call 316-268-1113.


JPEG Image   Exposure Scheduled for September 25

Exposure, the Wichita Metro Chamber's premier networking event, is scheduled for 10:00 AM - 5:00 PM on September 25, 2014 at Century II Expo Hall. Exhibitors can meet hundreds of prospects face-to-face while showcasing their products or service.

Why Exhibit?
•Expand your brand recognition and build your network
•Meet key decision-makers while visiting with more than 180 exhibitors
•Launch new products and services
•Generate multiple contacts in one day while interacting with 1,700 attendees
•Promote your business in a target-rich environment
Exhibit space begins at $150.  Standard booths begin $325.

For more information and to register call 316-268-1129 or click Exposure.

GIF Image   SBA & AARP Webinar: Q&A Session to Help You Start Your Business

This is your chance to get your small business questions answered by those in the know! Join AARP and SBA on Tuesday, August 12 at 2pm ET to ask about developing your business plan, securing financing, accounting, marketing, bookkeeping and more.
Submit questions and register now at SBA & AARP Webinar.


GIF Image  SBA Offers Free Webinars for National Small Business Week

The Small Business Administration will host free training webinars and online events May 12-15 during
National Small Business Week.

May 12 (3-4pm): Small Business Travel: Strategic Ways to Increase Your Return on Travel 
May 12 (5-6pm): Growing Your Business with Direct Mail
May 13 (3-4pm): Small Business: Big Benefits
May 14 (8-10am): Making It Big: Small Biz Success in a Mobile World
To learn more: click HERE.

JPEG ImageWichita Score Chapter Offers Starting and Growing Your Own Small Business

The Wichita SCORE Chapter will offer a Starting and Growing Your Own Small Business workshop 9:00-12:00 on Saturday, May 17. The workshop will cover Business Plan, Marketing Plan, Financing Strategies, and Recordkeeping / Licenses. The cost is $20. To register, call 316-269-6273.

JPEG Image   Steven Koprince, Small Business and Government Contracts Attorney

Dealing with Government Contracting Officials: What Can You Really Say and Do?

Kansas businesses have an opportunity to learn the do's and don'ts of dealing with government contracting officials on April 29 at a free seminar offered by Wichita State University's Kansas Procurement Technical Assistance Center (PTAC) and Kansas Small Business Development Center (KSBDC).

The seminar will be held from 9 a.m.-noon at the WSU Marcus Welcome Center and will feature small business and government contracts attorney Steven Koprince, who will cover proposal discussions and negotiations; change orders and directives; ethical rules and restrictions; real-life scenarios and practical tips. For more information, call 978-6788. Registration is available on the Kansas PTAC website.

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Payments to Independent Contractors Webinar
The IRS will offer a free webinar addressing payments to independent contractors 1:00-2:00 on Tuesday, May 13. Topics will include form 1099 filing requirement, backup withholding an dhow to avoid being liable for it, and CP2100 notices for payee name/TIN mismatches. The broadcast will include a live Q&A session.

Click on the link below to register for the session

If you miss the original broadcast, the event will be archived on the IRS Video Portal http://www.irsvideos.gov for later viewing approximately three weeks after the date of the event.

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KSBDC Blog: Market Research

Click on the link to learn about KSBDC market research as applied to a real-world client case.  This blog provides the scenario of an entrepreneur that has approached the KSBDC for assistance for help exploring the opportunity around an assisted living facility in Hays, Kansas. 

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KSBDC Blog: Developing Accurate Job Descriptions and Success Profiles

What is the difference between a job description and a success profile? Click on the link for a blog that answers this question and provides tips for developing job descriptions and success profiles to help you hire the best for your company.

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KSBDC will be at the Unconference in Wichita on Tuesday, April 22. Will you?

Exciting things are taking place in Wichita, KS. Entrepreneurs, innovators and companies are converging to build a strong entrepreneurial ecosystem. It's time for less talk and more action. Now, community leaders are coming together to create Wichita's newest entrepreneurship event, ICT Unconference. The Unconference will take place on April 22, 2014 at Wichita Marriott Hotel in Wichita.

The mission of the first annual ICT Unconference is to set Wichita's innovative and entrepreneurial scenes into motion through collisions of like-minded thinkers. This is about embracing peer-to-peer learning through the exchange of ideas. Through unexpected conversations, the unconference model allows you to grow your business, yourself and your community. At the end of the Unconference, attendees will not only leave with a strong desire to innovative, create and motivate but with a roadmap that will turn ideas into action. 

JPEG Image      After Hours Auto Repair Wins Award for Emerging Business

Read about Summer and Mark Guerrero's success with After Hours Auto Repair in this Wichita Eagle article.

JPEG Image   KSBDC to Recognize 16 Successful Kansas Small Businesses

The Kansas Small Business Development Center statewide network has announced the 2014 Existing and Emerging Businesses of the Year. Each of the eight KSBDC regional centers has selected one emerging and one existing business for the award.

In total, 16 successful Kansas small businesses will be recognized at a ceremony in Topeka on Tuesday, March 11. The businesses were selected from more than 2,458 businesses that received KSBDC services in 2013.

For more information, view KSBDC Emerging and Existing Businesses of the Year Awards

JPEG Image  SBA Offers Affordable Care Act 101 Webinars

The SBA will offer Affordable Care Act Webinars every Thursday at 1:00 PM.

Small business owners can learn the basics of the Affordable Care Act and how they can enroll in small business health insurance marketplaces. Other topics discussed include insurance reforms, the small business health care tax credit, and employer shared responsibility provisions. 

For details and to register, view http://www.sba.gov/healthcare.

JPEG Image   SBA Eliminates Fees on 7(A) Loans of $150,000 and Less

SBA eliminated both the on-going servicing fee paid by the lender and the upfront guaranty fee paid by the borrower on all 7(a) loans of $150,000 and less, regarding of the loan program used.  This fee waiver makes smaller SBA loans more affordable and is authorized through September 30, 2014.

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2014 Emerging Leaders Program to Start in April

The SBA's Wichita District Office will host the 2014 Emerging Leaders training initiative starting in late April. The Emerging Leaders Initiative is a 26 week intensive training course that specifically focuses on the professional development of executives of '2nd stage' businesses poised for growth in Kansas.

The initiative is scheduled to start in April, and the Wichita District Office is seeking a diverse group of 15 business owners or chief executives from varied industries, such as: retail, professional services, manufacturing, technology, etc., including family-owned businesses going through a leadership transition.

If you are interested in learning more about the program, attend the informational meeting on Friday, February 21st at 2:00 PM. Please call Michael Aumack (316) 269-6275 or Michael.Aumack@sba.gov to reserve your seat today! If you cannot attend but would like more information, contact Michael.

The application deadline is March 21.

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IRS Services Guide
Publication 5136, IRS Services Guide, is now available online.  This two page publication has helpful links to help Individual Taxpayers, Small Businesses, and Tax Pros.

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IRS Issues 2014 Standard Mileage Rates for Business

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
• 56 cents per mile for business miles driven
• 23.5 cents per mile driven for medical or moving purposes
• 14 cents per mile driven in service of charitable organizations

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Virtual Town Hall Meeting Site Offers You the Chance to Shape the South Central Kansas Prosperity Plan

The Regional Economic Area Partnership (REAP) of South Central Kansas received a grant from the U.S. Department of Housing and Urban Development (HUD) to develop a plan for prosperity for South Central Kansas - Butler, Harvey, Reno, Sedgwick and Sumner counties.

You can give input about what you want for the future of the region at http://www.letstalkprosperity.com