Introduction to Programs at the Guam SBDC

Introduction to ProgramsIntroduction to Programsat the Guam SBDCat the Guam SBDC

The University of Guam Pacific Islands Small Business Development Center Network is The University of Guam Pacific Islands Small Business Development Center Network is sponsored and partially funded by the U.S. Small Business Administration (SBA) under sponsored and partially funded by the U.S. Small Business Administration (SBA) under

a Cooperative Agreement. SBA’s funding is not an endorsement of any products, a Cooperative Agreement. SBA’s funding is not an endorsement of any products, opinions, or services. All SBA funded programs are extended to the public on a non-opinions, or services. All SBA funded programs are extended to the public on a non-

discriminatory basis.discriminatory basis.Guam SBDCGuam SBDC 11

At the University of Guam School of Business & Public At the University of Guam School of Business & Public AdministratiAdministration

Our MissionOur Mission

• To support the growth and To support the growth and economic economic

development development

• of the of the U.S. affiliated Pacific Islands U.S. affiliated Pacific Islands in the in the

western pacific region western pacific region

• by providing by providing high quality training high quality training and one-to-and one-to-

one one confidential counselingconfidential counseling

• to existing and prospective to existing and prospective small businessessmall businesses..

Guam SBDCGuam SBDC 22

How we got How we got herehere

• Funded by U.S. SBA & Host AgenciesFunded by U.S. SBA & Host Agencies

• PISBDCN (Guam) opened May 1995PISBDCN (Guam) opened May 1995

• National SBDC established July 1980National SBDC established July 1980

• Nationwide 63 Networks, 900+ service Nationwide 63 Networks, 900+ service

centerscenters

Guam SBDCGuam SBDC 33

What we doWhat we do

Business Counseling ServicesBusiness Counseling Services

Small Business Training ProgramsSmall Business Training Programs

Small Business Assistance CenterSmall Business Assistance Center

Community / Village Outreach ProgramsCommunity / Village Outreach Programs

Guam SBDCGuam SBDC 44

Our Training Our Training Programs Programs Include:Include:

HOW TO START A BUSINESSHOW TO START A BUSINESS

HOW TO WRITE A BUSINESS HOW TO WRITE A BUSINESS

PLANPLAN

HOW TO MANAGE A BUSINESSHOW TO MANAGE A BUSINESS

HOW TO MARKET YOUR BUSINESSHOW TO MARKET YOUR BUSINESS

HOW TO PREPARE A MARKETING HOW TO PREPARE A MARKETING

PLANPLAN

INTRODUCTION TO MICRO CREDITINTRODUCTION TO MICRO CREDIT

Guam SBDCGuam SBDC 55

INTRODUCTION TO FINANCIAL INTRODUCTION TO FINANCIAL STATEMENTSSTATEMENTS

HOW TO PREPARE A FINANCIAL PLANHOW TO PREPARE A FINANCIAL PLAN

QUICKBOOKS SOFTWARE TRAININGQUICKBOOKS SOFTWARE TRAINING

CASHFLOW BUDGET & ANALYSISCASHFLOW BUDGET & ANALYSIS

PROFIT MASTERY SERIESPROFIT MASTERY SERIES

SMALL BUSINESS TAX REQUREMENTSSMALL BUSINESS TAX REQUREMENTS

Our Location:Our Location:UOG -Leon Guerrero UOG -Leon Guerrero

SBPA Building SBPA Building Room 148Room 148

Guam SBDCGuam SBDC 66

Our NetworkOur Network

Guam SBDCGuam SBDC 77www.pacificsbdc.com

Our ResourcesOur Resources

Small Business ComputersSmall Business Computers

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Internet provided by:

Our ResourcesOur Resources

Assistive Technology Computer Assistive Technology Computer

StationStation

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Internet provided by:

More More ResourcesResources

Small Business LibrarySmall Business Library

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More Online More Online TrainingTraining

• Go to Go to www.pacificsbdc.com

• Click on Click on

• Select a courseSelect a course

• Complete your registrationComplete your registration

• More than 20 small business courses More than 20 small business courses – ALL FREE– ALL FREE

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PartnersPartners

• U.S. Small Business Administration-Guam BranchU.S. Small Business Administration-Guam Branch– Kenneth Lujan, Branch Manager, 671-472-7277Kenneth Lujan, Branch Manager, 671-472-7277– Email: Email: kenneth.lujan@sba.gov ; Website: ; Website: www.sba.gov

• UOG Guam Procurement Technical Assistance Center (PTAC)UOG Guam Procurement Technical Assistance Center (PTAC)– Vera Topasna, Program Manager, Ph:   671-735-2596Vera Topasna, Program Manager, Ph:   671-735-2596– Email: Email: vtopasna@guamptac.com ; Website: ; Website: www.guamptac.com

• Guam Veterans Business Outreach Center (VBOC)Guam Veterans Business Outreach Center (VBOC)– Frank Crisostomo-Kaaihue, Director, Ph:   671-475-4900Frank Crisostomo-Kaaihue, Director, Ph:   671-475-4900– Email: Email: frank@guamvboc.com ; Website: ; Website: www.guamvboc.com

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PartnersPartners

• Pacific Islands Microcredit Institute (PIMI)Pacific Islands Microcredit Institute (PIMI)– Marie Mesa, President or Denise Hertslet, E.D., Ph:   671-483-7325Marie Mesa, President or Denise Hertslet, E.D., Ph:   671-483-7325– Email: Email: pimiguam@gmail.com

• UOG Pacific Center for Economic Initiatives (PCEI)UOG Pacific Center for Economic Initiatives (PCEI)– Dr. Anita B. Enriquez, Executive Director, Ph:   671-735-2553Dr. Anita B. Enriquez, Executive Director, Ph:   671-735-2553– Email: Email: abe@uguam.uog.edu

• Guam Economic Development Authority (GEDA)Guam Economic Development Authority (GEDA)– Greg Sablan, Industry Development Specialist, Ph:   671-647-4332 ext .112Greg Sablan, Industry Development Specialist, Ph:   671-647-4332 ext .112– Email: Email: rgsablan@investguam.com ; Internet: ; Internet: www. investguam.com

• U.S. Department of Agriculture Rural Development (USDA RD)U.S. Department of Agriculture Rural Development (USDA RD)– Joe Diego, Area II Director, Ph: 671-300-8560Joe Diego, Area II Director, Ph: 671-300-8560– Email: Email: joseph.diego@pb.usda.gov

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PartnersPartners

• Guam Chamber of CommerceGuam Chamber of Commerce– David Leddy, Executive Director, Ph: 671-472-6311David Leddy, Executive Director, Ph: 671-472-6311– Email: Email: info@guamchamber.com.gu

• Department of Chamorro Affairs, Chamorro VillageDepartment of Chamorro Affairs, Chamorro Village– Joseph Cameron, President or Jeffrey San Nicolas, CV General Manager, Joseph Cameron, President or Jeffrey San Nicolas, CV General Manager,

Ph:   475-0378Ph:   475-0378– Email: Email: jeffrey.sannicolas@dca.guam.gov

• UOG Guam CEDDERS: Get Guam Teleworking Loan ProgramUOG Guam CEDDERS: Get Guam Teleworking Loan Program– Carla Torres, Program Coordinator, Ph:   671-735-2491Carla Torres, Program Coordinator, Ph:   671-735-2491– Email: Email: carla.torres@guamcedders.org

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PartnersPartners

• Guam Contractors Association Guam Contractors Association – James Martinez, President, Ph:   671-647-4840James Martinez, President, Ph:   671-647-4840– Email: www.guamcontractors.org Email: www.guamcontractors.org

• Bank of GuamBank of Guam– Lou Leon Guerrero, President and CEO, 671-472-5300Lou Leon Guerrero, President and CEO, 671-472-5300– www.bankofguam.com www.bankofguam.com

• DISID-Department of Vocational RehabilitationDISID-Department of Vocational Rehabilitation– Ben Servino, Director of DISID, Ph: 671-475-5744Ben Servino, Director of DISID, Ph: 671-475-5744– Email: benito.servino@disid.guam.gov Email: benito.servino@disid.guam.gov

• Oasis Empowerment Center for WomenOasis Empowerment Center for Women– Holly Rustick, Program Manager, Ph: 671-646-4601Holly Rustick, Program Manager, Ph: 671-646-4601– Email: holly.rustick@elimpacific.net Email: holly.rustick@elimpacific.net

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SBA LoanSBA LoanGuarantee Guarantee ProgramsPrograms

SBA works in partnership with local commercial SBA works in partnership with local commercial banks - preferred lending partners – to offer:banks - preferred lending partners – to offer:

• SBA ExpressSBA Express

• SBA Small Loan AdvantageSBA Small Loan Advantage

• SBA Patriot ExpressSBA Patriot Express

• Regular SBA 7(a) Program LoansRegular SBA 7(a) Program Loans

• CDC/504 Loan ProgramCDC/504 Loan Program

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SBA Preferred SBA Preferred Banking PartnersBanking Partners

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ANZANZ Bank of GuamBank of Guam Bank of Hawaii Bank of Hawaii BankPacificBankPacific Coast 360 Federal Credit UnionCoast 360 Federal Credit Union Community First Federal Credit Community First Federal Credit

UnionUnion First Hawaiian BankFirst Hawaiian Bank

Other Loan Other Loan ProgramsPrograms

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PIMIPIMI: : Microcredit Loan ProgramMicrocredit Loan Program

GEDAGEDA: : Microloan Program, Agriculture, Guarantee Microloan Program, Agriculture, Guarantee

Loan ProgramLoan Program

PIDBPIDB: : Development Loan ProgramsDevelopment Loan Programs

USDAUSDA: Guarantee Loan Programs: Guarantee Loan Programs

USDA FSAUSDA FSA: : Agriculture, Aquaculture, Value-Added Agriculture, Aquaculture, Value-Added

Businesses-Operating Capital, Youth, Farm OwnershipBusinesses-Operating Capital, Youth, Farm Ownership

GGTGGT: : Disability Business Loan ProgramDisability Business Loan Program

Funding Funding ProgramsPrograms

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Guam Soup StockGuam Soup Stock: : Grass Roots Community-funded Grass Roots Community-funded

business micro-grantsbusiness micro-grants

DVRDVR: : Federal Funds for small business start-up for Federal Funds for small business start-up for

people with disabilitiespeople with disabilities

U.S. Veterans AffairsU.S. Veterans Affairs: : Federal Funds for small Federal Funds for small

business start-up for Veterans with disabilitiesbusiness start-up for Veterans with disabilities

GOAL-AT Loan ProgramGOAL-AT Loan Program: Assistive Equipment and : Assistive Equipment and

Devices for people with disabilitiesDevices for people with disabilities

Funding Funding ProgramsPrograms

2020

Guam Soup StockGuam Soup Stock: : Grass Roots Community-funded Grass Roots Community-funded

business micro-grantsbusiness micro-grants

DVRDVR: : Federal Funds for small business start-up for Federal Funds for small business start-up for

people with disabilitiespeople with disabilities

U.S. Veterans AffairsU.S. Veterans Affairs: : Federal Funds for small Federal Funds for small

business start-up for Veterans with disabilitiesbusiness start-up for Veterans with disabilities

GOAL-AT Loan ProgramGOAL-AT Loan Program: Assistive Equipment and : Assistive Equipment and

Devices for people with disabilitiesDevices for people with disabilities

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““Get Guam Teleworking” (GGT)Get Guam Teleworking” (GGT)

•Eligible to persons with disabilitiesEligible to persons with disabilities

•Provides low interest loans for self-Provides low interest loans for self-employmentemployment

•Individuals are able to create a new Individuals are able to create a new business or work for an existing one.business or work for an existing one.

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““Get Guam Teleworking” (GGT)Get Guam Teleworking” (GGT)

•Business PlanBusiness Plan

•Loan Application Loan Application

•Loan Review CommitteeLoan Review Committee

•Funding through PIMI and Bank of Funding through PIMI and Bank of GuamGuam

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““Guam Options for Alternative Loans – Guam Options for Alternative Loans – AT” (GOAL-AT)AT” (GOAL-AT)

•Eligible to persons with disabilitiesEligible to persons with disabilities

•Focuses on providing low interest loans to Focuses on providing low interest loans to purchase AT only.purchase AT only.

•Individuals have an alternative means in Individuals have an alternative means in purchasing AT and establish credit history.purchasing AT and establish credit history.

Certified Certified Business Business

CounselorsCounselors• Denise Mendiola Hertslet Denise Mendiola Hertslet

– Certified Senior Business CounselorCertified Senior Business Counselor• Bank of Guam Women In Business Program CoordinatorBank of Guam Women In Business Program Coordinator

• Microcredit Training CoordinatorMicrocredit Training Coordinator

• Fred GranilloFred Granillo– Certified Business CounselorCertified Business Counselor

• Guam SBDC Training CoordinatorGuam SBDC Training Coordinator

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In summaryIn summary

We can help with:We can help with: Start-Up AssistanceStart-Up Assistance

Business PlansBusiness Plans

Financing/CapitalFinancing/Capital

Managing a BusinessManaging a Business

Business ExpansionBusiness Expansion

Buying/Selling a BusinessBuying/Selling a Business2525

Si Yu’os Ma’ase!Si Yu’os Ma’ase!

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Contact us for an appointment TODAY:

PH: 671-735-2590FAX: 671-734-2002

www.pacificsbdc.com

Network Director: Casey JeszenkaPh: 671-735-2593Email: casey@pacificsbdc.com

Associate Network Director: Georgette Reyes Administrative Assistant: Laurine SablanPh: 671-735-2591 Ph: 671-735-2590Email: g.reyes@pacificsbdc.com Email: laurine@pacificsbdc.com

Support Small Support Small Businesses!Businesses!

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Toni Tainatongo, Familia Lawn Service

Kurten Orichiro, Great Cleaning

ServiceFrancia Reyes, FR

Laundromat