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HomeMy WebLinkAbout07282025 SBDC 2025 Presentation1 2025 Annual Report Cliff Cochran Kenai Peninsula Center Director KellyAnn Cavaretta Seward Business Advisor Kayak Adventures, Seward 2 ●Since 1986, the Alaska SBDC has grown into a network of centers across the state, including specialized business assistance programs. ●Alaska SBDC is federally funded, in part, by the U.S. Small Business Administration (SBA), with matching funds from the State of Alaska and contributions from partner boroughs, cities, and other supporters. ●The Alaska SBDC is a statewide program hosted by the University of Alaska Anchorage (UAA) Business Enterprise Institute (BEI) and is accredited by the America’s Small Business Development Centers (ASBDC). About the Alaska SBDC Providing business guidance, services, and resources to Alaskans Fireweed Veterinary Clinic, Anchorage 3 SBDC Statewide Services No -Cost Business Advising No -Cost and Low-Cost Business Workshops No -Cost Business Tools and Resources 4Business Advising CY 2024 SEWARD TOPICS AlaSkins, Kenai Peninsula 55Business Advising CY 2024 SEWARD INDUSTRIES 66Business Advising CY 2024 SEWARD CLIENT MEETING TYPES 7 Seward Yoga, Seward Resources PROPRIETARY BUSINESS TOOLS ●Financial Projection models ●Business plan guides ●Focused industry toolkits ●Business valuation guide ●Small business FAQs Plus Over 80 Workshops No cost or low cost 8 B Body Butter, LLC, Rural Resources ●1400+ industry benchmarks ●Ratio analysis and business valuation capabilities ●$2,750 value per report ●700+ industry benchmarks ●Updated 6 -12 months based on federal tax data ●$995 value per report 9 1559.9 Hours With clients 186 Clients Advised 36 New Businesses Started or Bought 566 Jobs Supported LAST 3 YEARS -SEWARD ONLY Results $18,818,334 Capital Infusion $6,290,897 Increase in Sales 100% Positive Survey Responses 1010Results CLIENT FEEDBACK “This was a very informative and top notch service that I received from KellyAnn during our meeting. It was super helpful and this is a outstanding service the state offers its residents. Thank you so much for the help.” —Morgan Shepard “She had a ton of information and tools to help me. She was very knowledgeable of our industry and area. She has made a huge difference in helping my business to get on back on track.” —Cristina Rolfe “I learned everything I needed to know about starting up my small business, plus the resources I need to make it happen. I'm grateful for this awesome resource and plan on using it as I move forward for more tips, tricks, information, and advice.” —Jenn Haugh “She was amazing and very informative, very professional and friendly! I wish I would have done this years ago. I really appreciate all the knowledge and expertise! With her help I am headed in the direction I need to be, better prepared on all fronts. I am thankful for all of the assistance. It’s like having a reliable friend with all the knowledge of business to lean on.” —Raymond Smith “Outstanding support with a treasure trove of relevant and insightful information readily available. Tons of resources offered, and the SBDC representative was exceptionally friendly and helpful.” —Kirk Dooley “KellyAnn helped me find a place to start when I felt a little lost. She gave me so much insight and direction. Excited to see where my business will take me because of her guidance.” —Morgan Dean 11 02 Turkish Delight, Anchorage Seward Metrics YEAR OVER YEAR COMPARISON 12AEW Week FORMERLY STARTUP WEEK AlaSkins, Kenai Peninsula Most events outside of Anchorage and Fairbanks 13 “KellyAnn was amazing to work with. She helped us understand the value of the business and, more importantly, helped the bank understand. The projections that KellyAnn provided were instrumental in convincing the bank that we were worth taking a risk on for a significant loan.” —Nicole Lawrence SUCCESS STORY SUCCESS STORY “Kelly Ann’s advice was invaluable. Remarkably, our loan was granted in record time, and everything fell into place perfectly. Our experience with the Alaska SBDC was incredibly positive. Kelly Ann’s guidance was key to making our dream a reality. We couldn’t have done it without her.” —Supaluck Fraad 141 4Projected Budget CY 2025: $120,000 15 HOW CAN WE HELP? Shearwater Cove, Seward Let’s Connect! Cliff Cochran, MBA Kenai Peninsula Director cliff.cochran@aksbdc.org KellyAnn Cavaretta Seward Business Advisor kellyann.cavaretta@aksbdc.org Join us on Socials @AlaskaSBDC #AlaskaSBDC Join our Newsletter Scan QR code with phone camera