ASU SBTDC presents seminar with Liberty Bank on financing options under new act

May 6, 2009 -- The ASU Small Business and Technology Development Center and Liberty Bank of Arkansas will be offering a special seminar for small businesses in Jonesboro, on Tuesday, May 12, from 1-4 p.m. at the ASU Technical Center, 5504 Krueger Drive, in Jonesboro.

The seminar, “Small Business Financing Options with the American Recovery and Reinvestment Act (ARRA),” will address opportunities available to area small businesses under the Economic Recovery Plan. Topics will range from small business financing options under new U.S. Small Business Administration programs to government contracting and tax incentives.

“There is no question that the current recession has been tough on many small businesses throughout the region,” said Herb Lawrence, center director, ASU SBTDC, and with billions of dollars earmarked by Congress under the Economic Recovery Plan, small businesses want to know what is in it for them. At the seminar, start-up and existing business owners can learn about the features of the American Recovery and Reinvestment Act that may provide needed assistance to help these businesses. The Act includes a variety of programs from opportunities in government contracting and tax incentives to new small business financing options designed to loosen up access to needed capital as well as programs to encourage business growth.”

To pre-register for either of the sessions, go to http://asu.asbtdc.org and click on Training, call the ASU SBTDC at (870) 972-3517, or send e-mail registration to asusbtdc@astate.edu. The seminar fee is $35 per person or $20 for Jonesboro Regional Chamber of Commerce members. The seminar is co-sponsored by Liberty Bank of Arkansas, the Jonesboro Regional Chamber of Commerce and the East Arkansas Planning and Development District. For more information, contact Herb Lawrence, ASU SBTDC director, at (870) 972-3517, or e-mail hlawrenc@astate.edu.

A partner of the U.S. Small Business Administration, the Arkansas Small Business Technology and Development Center serves new, existing and innovation-based small businesses.  Through a statewide network of seven offices, ASBTDC provides free consulting and market research services plus affordable training to the business community. For more information, visit the ASBTDC Web site at http://asbdc.ualr.edu/.

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