Cultivate your Business

Legal and Financial Management of your Business Workshop Now Forming

If you are a new or existing business owner who continues to have questions about the legal and financial aspects of running your business, you won't want to miss the SBDC's Legal and Financial Management Workshop (also known as Legal and Records Management). 

Examine the legal challenges each business faces and consider the various forms of business organization. Learn tax strategies for your business and understand basic financial statements, profit and loss statements, balance sheets and other accounting documents and terminology. An attorney will cover the legal issues and an accountant will present tax and accounting information. 

Part I: December 3, 2008
Part II: December 10, 2008 

Time: 5:00-7:30pm

Place: College of Southern Maryland, Prince Frederick, MD 

Cost: $60.00

To register for the workshop, call the SBDC main office at 301.934.7583

**********************************************************************************

Business Women: consider joining the American Business Women's Association

CLICK HERE for ABWA information. For local chapter information, contact Lyn Striegel Lyn@legalstriegel.com 

**********************************************************************************

Facility Preparedness for Continuity of Operations session available

The College of Southern Maryland (Room MCET TC001) is sponsoring a session on Facility Preparedness for Continuity of Operations on December 18th, 8:00 a.m. - 4:00 p.m. The cost is $98.00 and will present an overview of potential hazards and aid you in deciding if your organization prepared for Continuity of Operations Planning (COOP). The program is designed to help assure that the capability exists to continue essential functions/operations across a wide range of potential emergencies at all times. Topics will include planning requirements, template preparedness plans, how to develop COOP plans for your organization, the steps needed to make your plans compliant with the National Incident Management System, and lessons learned from previous events in the United States. Please call 301-934-7500 to register.

 

**********************************************************************************

Business Sponsorship Opportunity 

 

1st Annual Southern Maryland Youth in Technology Summit 2008 

The event will be held Tuesday, December 16, 2008 at the College of Southern Maryland at the Leonardtown Campus, between the hours of 4:00 pm and 9:00 pm .  Attending the event will be students, parents, educators, along with industry and government employers as we all commit to the process of “Connecting the dots for our youth toward a future in technology”.  This high impact summit will include:  technology demonstrations, STEM educational workshops, information on college preparation & planning, career development information, scholarship information, networking, games and more!  

We would be honored to have your company or organization share in this exciting event as one of our advertising corporate partners. As a partner your company or organization will receive numerous benefits including the VIP Reception where top Navy officials overseeing technology development will be present with federal, state and local government partners who support STEM education and business and industry from southern Maryland and beyond.  Most importantly corporate partners will receive a significant exposure to students who are the emerging workforce, leadership and primary focus of this summit.  

Questions? Contact: Wanda Fenwick Phone: 301-863-7113 wfenwick@cmsolutions3.com www.cmsolutions3.com

*********************************************************************************

The Maryland Technology Development Corporation (TEDCO) has established the Rural Business Innovation Program (RBI) to help companies achieve greater success and sustainability. 

Companies work with regional TEDCO Technical Assistance Specialists (TAS) who will provide an in-depth analysis of a company's business and/or technical needs. Based on the analysis, business consultants or technical experts will provide the assistance at no cost to the company. The value of the assistance is capped at $10,000 per company. Companies must meet certain eligibility requirements based on number of employees and amount of revenue, among other criteria.

Some of the kinds of companies that received assistance in the past include: agriculture technology, machine shop, software development, government contractors, sailing equipment, renewable energy, educational software, aquaculture, and others. 

For more information, including eligibility criteria, contact Ms. Robbie Melton, Program Director, at 410-715-4164 or Rmelton@marylandtedco.org 

 

**********************************************************************************

Does your business's trash weigh too much?

 

 

Did you know that if you work with Calvert Trash Systems and your trash weighs a lot, it will cost you more $$ to pick up than if you quickly sort out bottles and other heavy recyclables? 

 

If you are interested in having a quick visit from the folks at Calvert Trash Systems to find out how to maximize your trash/recycling effectiveness, email Paul Knight, Sales Manager at knightp@repsrv.com or call 1-888-MR-TRASH 

 

Calvert Trash Systems is devoted to making a more GREEN beach!

 

**********************************************************************************

Small Businesses, take advantage of opportunities to sell to government and large contractors 

Alliance Baltimore, November 13, 2008 at the Baltimore Convention Center. 

Learn what it takes to be successful in this arena.........and it can be very successful! Government contractors share their secrets. Discover what federal, state and local agencies are looking for both in quality and types of products and services. Expected attendance is 600. Attendees will be able to obtain more leads and contacts in one day than anywhere else. 

During Alliance Baltimore, small disadvantaged, women and minority-owned businesses, HubZone, 8(a), veteran and service-disabled owned businesses and small businesses in general have the opportunity to meet
and network with over 60 federal, state and local agencies, major purchasers of a wide range of products and services. The first day includes a trade show, MatchMaking Meetings, workshops and panel discussions presented by small business experts.

Small Businesses PRE-SCHEDULE one-on-one MatchMaking meetings with government agencies and prime contractors, setting Alliance Baltimore apart from other Small Business Procurement Fairs. Attendees schedule their own meetings BEFORE they step foot in the door. Small businesses will be able to talk with State and Federal government agencies about upcoming projects. Participating agencies are the US General Services Administration, US Army Corps of Engineers, The Department of Veterans Affairs, City of Baltimore, Defense Logistics Agency, Internal Revenues Service, Maryland Military Department, Maryland Transportation Authority, University of Baltimore and many others. A complete list of MatchMaking Hosts is available on the website at www.allianceforbiz.com 

On Friday, Nov 14th, an intense workshop "8(a) MARKETING WORKSHOP: A TEAM APPROACH TO YOUR SUCCESS". 

To receive further information on attending and exhibiting, call ShoWorks Inc., the Event Organizers at (509) 838-8755, fax (509) 838-2838, showorks@showorksinc.com. On-line registration and complete details can be found at www.allianceforbiz.com 

**********************************************************************************

The Maryland Minority Research & Development Initiative (MMRDI)

The Maryland Technology Development Corporation (TEDCO) recently announced the establishment of the Maryland Minority Research and Development Initiative (MMRDI).

The goal of this initiative is to help prepare minority- and women-owned businesses applying for early-stage research and development federal grants. Specifically, it will help minority entrepreneurs successfully compete for the highly selective Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) federal grant awards. MMRDI will provide qualified companies with targeted training and business assistance, pre-submission proposal reviews, and access to the equipment and expertise of the University of Maryland College Park and federal laboratories within the state.

Companies eligible for the MMRDI must be minority- or women-owned, American, for-profit enterprises interested in or actively conducting research on the problems relevant to the research solicitations issued by federal agencies participating in the SBIR/STTR program. Companies must be based in Maryland and have fewer than 500 employees.

The Maryland Technology Development Corporation (TEDCO), an independent entity, was established by the Maryland General Assembly in 1998 to facilitate the creation of businesses and foster their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for seed capital and entrepreneurial business assistance for technology transfer and development programs. TEDCO connects emerging technology companies with federal laboratories, research universities, business incubators and specialized technical assistance. 

For more information on TEDCO and its programs and resources, visit www.MarylandTEDCO.org 

**********************************************************************************

Health Insurance Partnership for Small Businesses


Maryland took another step forward in its efforts to expand health insurance to uninsured Marylanders on September 9 when enrollment began in the Health Insurance Partnership, an initiative to help very small businesses provide health insurance to their employees at about half the cost. 


The Health Insurance Partnership is a coordinated effort between the Department of Health and Mental Hygiene, the Maryland Health Care Commission (MHCC), participating insurance carriers and employers to lower the cost of health care insurance for small businesses. Eligible businesses include those who employ between two and nine full-time employees, have not offered health insurance to their employees during the previous 12 months, and pay an average wage below $50,000. Through the use of existing health care funds, the state will help eligible small businesses buy health care at about half the cost.


The Partnership is expected to enroll more than 1,500 businesses in its first year. Enrollment will be capped to stay within the approved annual budget. 


For additional information about the assistance available to small businesses, log on to MHCC or call 410-764-3460.
The partnership is part of the Working Families and Small Business Health Coverage Act of 2007, which when fully implemented will expand health care to more than 100,000 Marylanders. 

********************************************************************************************************************************************************************

Calvert County Small Businesses May Qualify for Health Insurance Premium Assistance

Beginning October 1 2008, small businesses in the State of Maryland may qualify for a health insurance subsidy to offset the cost of health insurance offered to their employees.  Small employers with two to nine employees, who currently do not provide health insurance coverage, may qualify for a premium subsidy to help defray the cost of coverage.  Rates vary, but subsidies typically range from three to four thousand dollars per year.

Beginning October 1 2008, the Health Partnership, through the Maryland Health Care Commission, will give out fifteen million dollars on a first come, first served basis.  To determine if your business qualifies, visit the Health Partnership website at www.mhcc.maryland.gov/ partnership.  Have your latest DLLR wage & tax report ready when accessing the subsidy calculations.

“In these challenging economic times we must press forward with creative solutions to offer health insurance to the 800,000 Marylanders who currently do not have health insurance” Delegate Kullen said. “The money will go quickly so I want to make sure that Calvert County businesses are standing in the front of the line”, she added.

The State of Maryland through HB 1057 is trying to help small businesses be able to afford health insurance for their employees.  This market-based, collaborative effort will cover more people who currently do not have access to health insurance. 

Please contact Delegate Sue Kullen’s Annapolis office (410) 841-3231 for more information.

**********************************************************************************

FREE Online Business Training Courses Available

The Small Business Administration offers over 25 FREE online training courses on a variety of topics including: Starting a Business; Business Planning, Management, Financing & Accounting; Marketing and Advertising; and Government Contracting. In general, the online courses are all self-paced and should take about 30 minutes to complete. For more information or to access the free online training courses visit www.sba.gov.

**********************************************************************************

Do you know about BNI?

BNI is a business and professional networking organization whose primary purpose is to exchange qualified business referrals. 

It is the largest networking organization of its kind. Currently, BNI has over 4,700 chapters internationally (www.bni.com) and 100 chapters in Maryland and DC. In 2006 the nearly 100,000 members of BNI worldwide passed almost 5 million referrals, which resulted in almost 2 billion dollars worth of business for each other.

Prince Frederick Tuesday Lunch
Our local chapter meets every Tuesday from 11:30-1:00 at the Crystal Place Buffet (Food Lion Shopping Center).

Leadership Team

President - Jamie West
Vice President - Adrienne LaGier
Sec/Treas - Stan Toney

**********************************************************************************

Gain access to Small Business assistance quick!

The Maryland Small Business Development Center has introduced a new intake process that will help small businesses gain access to a variety of tools and one-on-one assistance as appropriate. 

Go to www.mdsbdc.umd.edu and select your appropriate status: "Smart Start" for developmental businesses or "Grow Smart" for existing businesses. Go Check It Out!

**********************************************************************************

Maryland Business Works is a workforce training grant program through the Maryland Department of Labor, Licensing and Regulation designed to assist Maryland businesses by providing financial assistance for training existing workers. Employers receive a 50 percent reimbursement of training costs for approved projects. For more information on this program, contact a Southern Maryland Workforce Business Services representative, at 301.645.8712 Ext. 313.

 ********************************************************************************************************

ATTENTION WOMEN BUSINESS OWNERS!

At our monthly BBG meeting, BBG Member Pat Carpenter (Celebrate!) from the Calvert County Commission for Women shared great information about a new directory of Calvert County Women Business Owners that will be coming out soon.
 
The listing is free plus great and inexpensive advertising options are available!

The Calvert County Commission for Women is the County's volunteer agency charged with:

developing opportunities for women,
eliminating barriers that prevent women from realizing their full potential,
giving recognition to the contributions of women in Calvert County

The Commission meets each month on the third Thursday at 7 p.m. in the conference room at the Lusby Office Suites in Prince Frederick.  Meetings are open to the public. 

CLICK HERE for more information about the organization or get an application to join

COME JOIN US!

(Scroll down for more ways to Cultivate Your Business!)

******************************************************************************

Seeking a Few Good Stories

Do you have a newsworthy business or tourism story? Something unusual, ironic or outstanding that would make a great news story? If so, the Calvert County Department of Economic Development wants to know about it. Examples would be a major local business expansion, securing a lucrative new contract, a casual Calvert County visit that turned into a marriage proposal or a local business with philanthropic initiatives that are making a world of difference.

If your story is worth telling, please e-mail info@ecalvert.com with the story and contact information. The Department of Economic Development will randomly select one story a month to feature on their Web site, in a press release or in their quarterly newsletter.

For more information on the Calvert County, Md., Department of Economic Development and the many services the County offers the business community, call 410.535.4583, 800.331.9771 or 301.855.1880; e-mail info@ecalvert.com, or visit online at www.ecalvert.com.

(Scroll down for more ways to Cultivate Your Business!)

**********************************************************************************

Do you know about the Maryland Broadband Cooperative Initiative?

Ellen Flowers-Fields, Director of Regional Economic Development, Tri-County Council for Southern Maryland was our featured speaker at the February 2007 BBG Meeting. Ellen spoke to us about the Maryland Broadband Cooperative initiative.  

The Maryland Broadband Cooperative (MDBC) is a public/private partnership to promote economic development through the deployment of technology supporting infrastructures. Their mission is to drive economic development through universal, open access to broadband services via a fiber optic network that serves rural Maryland by building an advanced, world-class broadband network across the rural communities of Eastern, Southern and Western Maryland supported by its’ members who provide "Last Mile" services.

Visit their WEBSITE for more details!

(Scroll down for more ways to Cultivate Your Business!)

************************************************************************************

YOU should apply to become a Partner Site on the Southern Maryland Trails System!

The Southern Maryland Trails is a guidebook to sites throughout the Southern Maryland region that celebrate "earth, art and imagination." The Guidebook contains a wealth of information, including maps, directions and descriptions of each site, plus interesting tips and insight into our area's culture and natural history. This guide is free and available to residents and tourists at many sites across our region.

Several BBG Member Businesses are ALREADY Partners, like Sweet Sue's Bakeshop & Coffee Bar

(Scroll down for more ways to Cultivate Your Business!)

************************************************************************************

YOU should know about the Southern Maryland Small Business Development Center

The Southern Maryland Small Business Development Center can provide one-on-one confidential counseling not just for small start-ups but also for larger existing companies on topics such as expansion, strategic planning and financing. For more information, visit their website or call 301.934.7583.

(Scroll down for more ways to Cultivate Your Business!)

**********************************************************************************

YOU should know about Maryland Business Works

Maryland Business Works is a workforce training grant program through the Maryland Department of Labor, Licensing and Regulation designed to assist Maryland businesses by providing financial assistance for training existing workers. Employers receive a 50% reimbursement of training costs for approved projects. For more information on this program, contact the Calvert County Department of Economic Development at 410.535.4583.

http://www.ecalvert.com/content/businessdatabase/index.asp