Please take a moment to learn a bit about the following North Carolina businesses and how the SBTDC’s Technology Commercialization team has help innovative businesses in North Carolina. These businesses have been featured in our SBIR/STTR newsletter and the SBTDC Annual Report.
ASI has already grown to 40 employees since working with the SBTDC, a 33% increase. Revenues are up 15%, and in the machinist division, they are up 50%. They added the new metal bonded wheel in January, and they are now in 26 countries.
The SBTDC takes the fear away. Now I look at my financials and I understand them. Similar to my kayaking analogy, I can now hit my roll and plot my downriver course with confidence. I’m by no means a pro, and I still have a lot of questions. But I’m in there every month, and I know where I’m going to be at the end of the year. We’ve already hit our projections for the end of 2016; our gross revenues are up 20%. And we’ve just added two new employees.
Sanesco International, Inc
The SBTDC is a great program with a fantastic vision for helping small businesses succeed. We have a wonderful relationship with our mentor and advisory. She always keeps us in mind and regularly informs us about opportunities or partnerships that could positively impact and grow our business.
Sales are up by 15% compared to last year, and we’ve expanded into two new countries.
JB Media Group
Probably the biggest impact on the business I’ve seen as a result of working with the SBTDC is the funding for the new office. With the help of my counselor I was able to borrow $201,000 and open up $35,000 in new credit lines. The new space is a much better fit and will allow for future growth.
Transylvania Vocational Services
PTAC assistance dates back to 2003, and has included early-stage assistance with locating target agencies and relevant contract opportunities, advice on strategies for marketing and outreach to potential agency customers, and more.
Most recently, TVS has continued its success with dry bakery flour mixes for domestic food distribution programs. In November and December 2014, TVS won two contracts for dry mixes totaling more than $3.7 million.