Small Business News

Apply for value-added producer grants by January 2018, read about success stories

“Creating and marketing value-added products has the potential to significantly enhance our farm's profitability, but this is no easy task. Our value-added funds will help pay for processing, marketing, distribution, and sales of our pasture-raised chickens and eggs, as well as microgreens that we grow,” said Alex McKiernan, co-owner of Robinette Farms near Lincoln, Nebraska. The farm received a working capital grant in 2015.

Latino Business Center: We’re having a good time

We are happy to announce our new loan initiative, the New American Loan Fund Credit Builder Loan Program.

This product will help create credit history and make our clients bankable so they may expand their businesses in the future.

The New American Loan Fund creates a financial path for individuals who are looking to start a business but do not qualify for government loans or loans through traditional lenders.

To date, $800,000 has been loaned to individuals through the New American Loan Fund.

REAP Women's Business Center: Eight trainings recently completed, more planned

Rural Enterprise Assistance Project (REAP) Women’s Business Center continues to partner with local organizations to offer “Online Marketing Strategies.”

In June, training sessions were held in O’Neill, Valentine, Ainsworth, and Alma.

We also offered a “Facebook for Business” session in Sidney.

One key to business success is accurate and timely recordkeeping. QuickBooks trainings were held in O’Neill and Hartington this spring.

A “Business Plan Basics” course was offered in Walthill in cooperation with the City of Walthill.

From the desk of the executive director: people powered capital

Almost weekly, I read surprising new statistics about capital concentration.

The eight richest people in the world now control as much capital as half of the world’s population. The richest 158 families in the United States were the source of more than 50 percent of early cash in the last presidential campaign cycle. The world’s largest company is worth half a trillion dollars.

Female catheterization product wins Nebraska InnovateHER 2017 Challenge

Problem: The anatomy of the female pelvic region makes women particularly susceptible to inappropriate urethral catheterization. To date, there are no devices that block the vaginal entrance, expose the urethral opening, and guide the catheter.

Solution: Sonia Rocha-Sanchez and Michael Feloney have designed and obtained a full non-provisional patent on a female catheterization assisting device that blocks the vaginal entrance, exposes the urethral opening, and guides the catheter into the female urethra.

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