youtube.JPGfacebook.JPGtwitter.JPGgoogleplus.jpg

800-348-5194 (Toll Free in WY)
email:WSBDC@uwyo.edu

Blog Search

How to pitch an idea to potential investors

Cindy explains how a compelling pitch deck presentation can sketch out the details of your business and capture the attention of investors.
Copyright © 2013 University of Wyoming   The first big question before creating a pitch  - Have you completed a full business plan yet?  Lots of press about successful… http://www.wyomingsbdc.org/blog1/2017/11/how-pitch-idea-potential-investors/

SBIR Funds for Product Development

Research and development (R&D) activity is risky since there is no guarantee that your idea will become a viable product. Early stage innovations are unlikely to attract venture or angel funds. So, where can you look for funding? One possibility may be t…
Copyright © 2013 University of Wyoming I have a product idea and need money to pay for research and development.  Where can I find funding?  Mandy, Riverton.   Great… http://www.wyomingsbdc.org/blog1/2017/05/sbir-funds-product-development/

CROWDFUNDING UPDATE - 2017

Update on crowdfunding trends.
Copyright © 2013 University of Wyoming   What do these dogs have to do with Crowdfunding?  Nothing that I can think of, but I did get your attention, right? “Reward… http://www.wyomingsbdc.org/blog1/2017/04/crowdfunding-update-2017/

Online Loans: The Pros and Cons

Advantages and Disadvantages of Online Loans
Copyright © 2013 University of Wyoming Online lenders, marketplace lenders, and alternative lenders are all terms that describe a category of unregulated, nonbank lenders who… http://www.wyomingsbdc.org/blog1/2016/11/online-loans-pros-and-cons/

What You Need to Know Before Applying for a Business Loan

A list of things to know before approaching the bank for a small business loan.
Copyright © 2013 University of Wyoming By Rob Condie Southwest Regional Director  Photo credit: Pixabay.com   Securing small business financing can be… http://www.wyomingsbdc.org/blog1/2016/08/what-you-need-know-applying-business-loan/

Valuing a Pre-Revenue Startup Business

Many new business owners need to raise capital but are not sure how to value their business. This post covers a couple valuation methods for startup companies seeking to sell equity in their business
Copyright © 2013 University of Wyoming By Lisa daCosta   Valuing a private company is similar to valuing a publicly-traded one.  The method is based on evaluating the… http://www.wyomingsbdc.org/blog1/2016/07/valuing-pre-revenue-startup-business/

Is Venture Capital a Good Option for My Business?

Understand where venture capital comes from and the pros and cons of utilizing this financing resource.
Copyright © 2013 University of Wyoming Often, the greatest obstacle between a great idea and a profitable business is cash.  Venture capital can be a viable… http://www.wyomingsbdc.org/blog1/2016/04/venture-capital-good-option-my-business/

Equity Crowdfunding Arrives for Small Investors

Now your grandmother can own shares of your new business!! At long last, the SEC has issued the final rules on equity crowdfunding for nonaccredited investors for public comment.
Copyright © 2013 University of Wyoming On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law.  A set of draft rules covering equity… http://www.wyomingsbdc.org/blog1/2015/11/equity-crowdfunding-arrives-small-investors/

How are those "magic" credit scores created?

Everyone hears about their own mysterious "credit score" but, until an individual is applying for credit or starts getting emails from their credit card company encouraging them to check their score, most of us don't think much about the topic. Read more…
Copyright © 2013 University of Wyoming One of my credit card companies keeps encouraging me to check my credit score “for free” as one of the benefits of owning their card. … http://www.wyomingsbdc.org/blog1/2015/07/how-are-those-magic-credit-scores-created/

But I only need a little bit of money to start my business, where can I find it? Navigating the sources of small funding

This blog describes some of the sources of start-up funding when the dollar amount needed is small.
Copyright © 2013 University of Wyoming You’ve taken the time to write a business plan and create a budget for the first twelve months of operating your new business, and you… http://www.wyomingsbdc.org/blog1/2015/03/i-only-need-little-bit-money-start-my-business-where-can-i-find-it-navigating-sources-small-funding/

I only need to borrow $5,000 to get my cleaning business up and running. My credit isn’t great and the banks aren’t interested in loaning me that small of an amount. Are there any other sources of financing that I could contact?

A microloan may be your answer. Microlending originated in the 1970’s with Grameen Bank in Bangladesh. The philosophy was to eliminate poverty through entrepreneurship. Since that time, the concept has expanded worldwide, operating through a number of …
Copyright © 2013 University of Wyoming A microloan may be your answer.  Microlending originated in the 1970’s with Grameen Bank in Bangladesh.  The philosophy was to… http://www.wyomingsbdc.org/blog1/i-only-need-borrow-5000-get-my-cleaning-business-and-running-my-credit-isnt-great-and-banks-arent-interested-loaning-me-small-am/

I missed the “Free Money” Workshop in Riverton last month. Can you tell me if there really is “Free Money” in the State? M. Dollars, Dubois, WY.

There is “Free Money” in the State and it is fairly easy to obtain. A terrific opportunity to business owners (with or without employees) is the Wyoming Department of Workforce Services, Workforce Development Training Fund program.
Copyright © 2013 University of Wyoming Sorry you missed the workshop Ms. Dollars, but it’s true. There is “Free Money” in the State and it is fairly easy to obtain. A… http://www.wyomingsbdc.org/blog1/i-missed-free-money-workshop-riverton-last-month-can-you-tell-me-if-there-really-free-money-state-m-dollars-dubois-wy/