A-B Tech Honored with Regional Small Business Award
From left: Gordon Greenwood, member of the State Board of Community Colleges and a former A-B Tech Trustee; Lt. Gov. Beverly Purdue, member of the State Board of Community Colleges; Martin Lancaster, President of the North Carolina Community College System; Harry Ponder, former director of A-B Tech's Small Business Center; Russ Yelton, director of A-B Tech's Small Business Center and Small Business Incubator; James Woody, chair of the State Board of Community Colleges; and James Daniels, member of the State Board of Community Colleges and former member of the A-B Tech Foundation Board of Directors, celebrate the recognition of A-B Tech's Small Business Center as the Regional Small Business Center of Excellence.
A-B Tech's Small Business Center was one of three in the state recognized as Regional Small Business Centers of Excellence by the State Board of Community Colleges during its meeting March 18 in Raleigh.
Small Business Center Director Russ Yelton accepted the award for the Western Region from Willa Dickens, executive director of the North Carolina Community College System's Small Business Center Network.
"Our Small Business Centers are providing remarkable assistance all across the state," said Dickens. "These small businesses are the backbone of our economy, and the counseling and guidance they receive at the local SBC enable them to thrive."
A-B Tech's Small Business Center has seen 202 new clients since July 1, a 65 percent increase over the previous fiscal year. It also averages more than 50 direct one-to-one hours of counseling per month. Companies started include cleaning, restaurant, landscaping and newspapers. The Center assists with feasibility evaluation, business plan development and loan preparation.
"With the loss of many manufacturing jobs and facilities across Western North Carolina, small business are the ones who are creating the jobs of tomorrow," Yelton said. According to the North Carolina Rural Center, 92 percent of all new jobs in 2003 were created by small businesses.
"The Small Business Center is providing technical assistance for potential and existing business owners. We assist in evaluating current and possible business plans and assist in networking with other resources in the community," Yelton said. The Center also houses an incubator to help give small businesses a home for those first crucial years of operation.
Among the center's success stories is the home furnishings store Mobilia, located in downtown Asheville. Owner Cynthia Turner says resources from the Small Business Center helped her establish a business plan and find a lending institution for financing. Yelton continues to work with Turner providing plans for staff development and marketing.
The center was also recognized for "Jump Start Day," which brings together as many service providers as possible to share important and free business-related information to start-up companies and existing businesses. Information on many areas including bookkeeping, insurance, legal, and licensing is offered.
The Small Business Center Network is comprised of small business centers at each of the 58 community college in North Carolina. The centers provide counseling and other valuable services to budding entrepreneurs. They also assist companies with 25 employees or less that are already in business, but want to become more successful.
Water Heater Project Gets Presidential Recognition
A-B Tech Chair of Electronics Engineering Technology Frank Micelli and Aaron Ball, associate professor of engineering and technology at Western Carolina University, inspect the heat pump component of the Water Heating-Dehumidifier appliance recently built on campus.