Archive for the ‘Business News’ Category

Jon Jackson, Centerville inventor, featured in Dayton Daily News

Check out the Dayton Daily News articles, Cradle of Creativity and Nature Zap, about SBDC client Jon Jackson, owner of Global Neighbor.  Staff writer Tom Gnau explored the strength of invention and creativity in the Miami Valley through two pieces on March 22 highlighting Jon’s Nature Zap Smart Spray in  his articles.

Jon has spent years designing and producing lawn care products that are environmentally friendly.  He has developed Nature Zap products that use three types of light to eliminate weeds down to the root. There are several Nature Zap products including cordless or corded wands and the newest product, Nature Zap Smart Spray, which attaches to the back of a lawn mower to kill weeds as you mow.  Visit his website  and his page for more information.


Your help is needed to understand the needs of local businesses

Karen Jackson and Sabre Price, two graduate students from Wright State University’s Masters of Public Administration Program, are eager to help support the growth and expansion of small businesses throughout the region. The students have partnered with your Better Business Bureau and the Dayton Area Chamber of Commerce to conduct research to assist them in meeting the needs of local businesses that keep this region thriving and growing. In particular, this study will help identify the barriers facing small businesses, especially women-owned businesses, and what is needed to overcome these barriers.

Ms. Jackson and Ms. Price are asking for your help either by participating in a focus group and/or completing a survey.  By participating, you will make sure your voice is heard.

Focus Group Dates

March 23 – 6-7:30 p.m. Business Solutions Center

March 27 – 8:30 -10:00 or 11:30 to 1 the Business Solutions Center

March 28 – 6-7:30 p.m. Kettering Library

Register:  ACCESS TO SUCCESS Focus Group


Below is your invitation to take part in the survey designed to identify and address the greatest barriers facing small businesses, especially women-owned businesses. This study may influence programs and services your Better Business Bureau and the Dayton Area Chamber of Commerce offer to minimize barriers for local businesses.

Take the Survey:  ACCESS TO SUCCESS Survey

Register Now for the 2017 Ohio Business Matchmaker!

2017 Ohio Matchmaker Logo

Wednesday, April 26, 2017

Time: 8:00 a.m. – 5:00 p.m.

Wright State University Nutter Center

3640 Colonel Glen Highway

Dayton, OH 45435

Register Now:

The 2017 Ohio Business Matchmaker is an event created to help Ohio and surrounding businesses to develop relationships with government buyers and large prime contractors. This event will feature one-on-one matchmaking with agencies and large prime contractors from local, state and federal organizations. The event will also host a small business counseling suite, pre-scheduled matchmaking, breakfast and lunch, and webinar matchmaker preparation series. The Ohio Business Matchmaker allows businesses to either pre-schedule appointments or create their own unscheduled matchmaking the day of the event.

Client Helps Others Deal with Loss

12/15/2016 Comments off

cover-picSBDC client, Patricia Acker, is expanding her business to include outreach through speaking engagements.  Pat, an author and artist, is a retired hospice social worker with a Masters in counseling who educates people on issues relating to grief, loss and coping with the process of losing a loved one.  She recently appeared on DATV’s Gospel for Today program which can be seen on her website.

Her book The Dying Teach Us How to Live is now in its second printing and available as an ebook as well.   The book is a touching collection of short stories that Pat gathered in her 17 years with hospice and beautifully illustrated with her own paintings.  These stories help guide and comfort patients and caregivers through their journey.

To learn more about Pat, her book and to reach her to arrange for her to speak to your group, go to her website  Pat also has a blog where she discusses many of the issues found in her book.

For more information about the Small Business Development Center at Wright State University’s Raj Soin College of Business call 937-775-3503 or visit

Categories: Business News

GALATUNE Reaches Kickstarter Funding Goals

09/12/2016 Comments off

galatuneAdam Wik, SBDC client and owner of Galatune, a table top battle card game company, used his considerable marketing skills to great advantage exceeding his Kickstarter funding goal, raising $20,841 from 138 backers. The Galatune game involves two to five players who each control a champion warrior. They fight each other at the same time and get points by defeating their opponents (see video).  Pre-orders are now being taken for the game on the Galatune website with a December 1st release date.

Wik is a Wright State University Marketing graduate and is currently pursuing his MBA.  Galatune is a game he developed as a child, perfected it through playing it with family and friends, and in 2015 he launched his business to bring the game to market.  He was the 2016 winner of the Wright Venture competition; a business competition for Wright State students which allows them to present their ideas to a panel of potential investors.

Wik has advice for those launching Kickstarter campaigns:

  1. Make the campaign page perfect. Search for similar campaigns in your category with top levels of funding and use them as a template.
  2. Know that Kickstarter isn’t a magical lead generation tool. Its first a platform to collect funds, and secondly a lead generation tool. Every campaign will be a bit different, but from my personal experience and research I’d say a strong project should only expect around 35% of its funding to be generated through Kickstarter leads. That means that the remaining 65% needs to come from a combination of your existing network of followers and 3rd party advertising.
  3. Build your network first. I mentioned that most of your funding will be coming from your existing fan-base, so spend at least 3-6 months building a solid audience first before launching the campaign. This can be done through trade shows, social media, and face-to-face networking.
  4. Start Day One strong. The way Kickstarter’s search algorithms work, it is VITAL that day one of your campaign gets a sizable chunk of donors and funding. How do you do this? Make sure you have a line of loyal family, friends, and fans ready and eagerly waiting for that Kickstarter page to open. Stay in good contact with them and let them know how important it is to give on day one
  5. MOST IMPORTANT TIP: Don’t make your Kickstarter too long. Only set your window open long enough to cover your planned networking. For instance, if you don’t have any events or ads or networking planned, your Kickstarter might as well only be one or two days long. People will not magically flock to your Kickstarter without promotion, so each day of the campaign should be justified by your active marketing schedule.

Congratulations to Adam Wik and Galatune, truly a Client on the Move!


Centerville Knit & Crochet Open for Business

08/23/2016 Comments off

Centerville Knit and Crochet LogoKnitters and yarn artists can celebrate!

Centerville Knit & Crochet opened their doors August 23rd at 8018 McEwan Road.  Owner and Navy veteran, Beth Thorowgood, had a vision to create an easy shopping experience for knitters and crocheters with a welcoming and relaxing space for them to interact with other knitters and crocheters when they have time to slow down.  This full service yarn shop features high quality yarns and notions, books and patterns, classes, a knowledgeable and enthusiastic staff and a robust online presence so clients will have all the information theCenterville Knit and Crochet yarn displayy need before they arrive at the store.

Centerville Knit & Crochet welcomes yarn artists of all skill levels and hopes to introduce the art to a new generation. Their current class roster includes classes in both beginning knitting and crocheting.

For more information about the shop and their hours go to their website at  or call 937-979-4130. For more information about the Small Business Development Center at Wright State University’s Raj Soin College of Business call 937-775-3503 or visit

Trade Finance Opportunities for Exporters: A Look at SBA and EXIM Export Loan Programs

04/29/2016 Comments off

Trade Finance Opportunities for Exporters: A Look at SBA and EXIM Export Loan Programs

This program is for anyone contemplating or involved in international trade. Trade finance programs enhances any company’s cash flow management by providing programs to help seize global opportunities. You can add these financing tools to your financial resources. Be the hero by increasing export sales and keeping the profits coming in by utilizing smart payment methods.

This program will review the SBA export loan program.  The knowledge you gain can be used to create a financial plan for short, medium and long-term export growth.  By strategically managing your business’s assets, your export sales will grow, you will minimize credit risks, and maximize profits.

You will learn more about:
SBA Trade Finance Programs
>  Export Express Loan Program offers financing up to $500,000. It is the simplest export loan product offered by the SBA and allows participating lenders to use their own forms and procedures. The SBA determines eligibility and provides a loan approval in 36 hours or less.
Export Working Capital Program loan provides advances for up to $5 million to fund export transactions from purchase order to collections. This loan has a low guaranty fee and quick processing time.

> International Trade Loan Program

offers loans up to $5 million for fixed assets and working capital for businesses that plan to start or continue exporting.
EXIM Programs
EXIM offers loan packages, such as loan guarantee, direct loans, finance lease guarantee, foreign buyer financing, export credit insurance, and more.
The Export Credit Insurance provides US businesses with solutions to protect against foreign buyer nonpayment in turn support the export of more American made goods and services.
> Working Capital Guarantee can help exporters lacking access to finance by working with your bank to help secure financing for export sales.  Your bank receives a loan “guarantee” from EXIM, guaranteeing repayment for a percentage of the bank’s loan if your borrower defaults. This loan can be used to pay for labor, materials, and other inputs required to fulfill sales.
> Foreign Buyer Financing can be offered   to your buyers which can provide you a competitive edge. US exporters of capital equipment and services face a special set of challenges when attempting to win global sales.  Foreign buyers who require extended term financing may face prohibitively expensive borrowing rates in their home country, blocking them from buying US products.  This loan guarantees support US exporting in securing competitive
financing for their creditworthy buyers.
By attending this program you can learn more about each program, find out eligibility terms, use of funds, and application process to utilize these loans and programs.  Start benefiting today!
Date:  June 22, 2016
Time:  8:30 am – 10:00 am
Place:  248 Rike Hall,    Wright State University
There is no fee for this program, but you must be register as space is limited.
TO register:
For additional information contact Kathy Marshalek or 937.775.3524
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