The South Metro Denver SBDC is part of the Colorado SBDC network, a statewide network of 14 Small Business Development Centers. A cooperative venture between the state of Colorado, the United States Small Business Administration and local communities, the Program has a significant impact on the state’s economy and is responsible for generating $30 million in capital formation each year.
Last year the South Metro Denver SBDC served more than 500 entrepreneurs with over 1,000 hours of consulting, resulting in the following:
2009 Impact Goal Actual % of goal Attained
Jobs Created 50 226 452
Jobs Retained 50 116 232
Business Starts 45 79 176
Capital Formation 2 million 7.5 million 378
The SBDC has far surpassed both the SBA’s and its own goals of creating more jobs and boosting the local and state economy. Through workshops featuring expert speakers, no cost one-on-one consulting, and other outreach and training efforts, the SBDC is dedicated to assisting small businesses throughout the south metro Denver in achieving their goals of growth, management improvement, and financial success.
In less than three years at its helm, Marcia McGilley, South Metro Denver area SBDC Director, has taken a successful SBDC and made it extraordinary. She is a champion for small business and the local economy. Under her leadership, this SBDC has expanded capital formation from $1 million and now created and retained over 500 jobs and helped businesses raise nearly $11 million in capital formation.
Under Marcia’s supervision, the South Metro Denver SBDC has added in-depth programs such as the Colorado Leading Edge business planning program using the NXleveL for Entrepreneurs curriculum and the Cleantech Open pilot project. Her team also developed new programs aimed at taking existing businesses to the next level such as Success Tracks, a 6 months coaching program designed around the Rockefeller Habits.
Marcia has also taken the leadership role in the Chamber’s Annual Small Business of the Year Leadership Awards. She has a passion for small business and is continually seeking innovative programs or developing new programs within the SBDC to help its businesses grow and become more successful. Though her passion for small businesses, she has sparked a fire in consultants, sponsors and the community!
The South Metro Denver Small Business Development Center and Director Marcia Mcgilley exemplify and personify the small business development Center Service Excellence and Innovation Award. This SBDC is a true champion for small businesses. It has not only surpassed milestones, and become known as an advocate for small business, they have been innovative in creating programs and taking SBDCs into new territory.
Reynolds Polymer Technology, Inc. started out as a division of a larger company in the early 1980s focused on manufacturing acrylic windows for aquariums and honing their material's capabilities. The success of this endeavor allowed them to eventually set out on their own and in May 1987 we received our incorporation status. Starting out, their primary focus remained in the water-retaining business. Over the years, though, as their product offerings grew, the focus expanded greatly to include scientific, medical, and architectural industries. By 2000, the strength of the growing Asian market was hard to ignore, so they opened the RPT Asia office to better serve that region. Their 43,700 ft2 (4,060 m2) facility in the Rayong province is now a Thailand Board of Investment (BOI) promoted company. Their adaptation to the changing market conditions and their drive to constantly develop new and better products propelled them into what they are today - one of the world's leading acrylic and resin designers.
With almost 30 years' experience, RPT is constantly reinventing the definition of what can be done with acrylic, resins, and composites. Chances are that if you can dream it, they can build it. This is one of many reasons why Reynolds Polymer Technology has grown to revenues averaging over 14 million over the past 3 years. Even during these harsh economic times, RPT has maintained strong financial stability and international presence.
RPT currently serves on more than 1500 projects in more than 60 countries over six continents (Antarctica is the only exception). They export to various countries throughout Europe, North, Central, and South Americas, the Caribbean, Asia/Pacific, Australia, Africa, The middle-East, and others.
Mark Miller, CFO of Reynolds Polymer Technology, Inc, has been employed by RPT for eleven years. Mr. Miller graduated from Mesa State College in 1989 with a BS in Accounting and worked in public accounting for four years, obtaining his CPA certification during that time. Over the following six years, Mr. Miller then worked in private industry for two other Western Colorado businesses before beginning with RPT in 1999. During his tenure with RPT, Mr. Miller was promoted from Controller to CFO and has assisted with the considerable growth and expansion of RPT’s acrylic products and markets worldwide.
RPT is a strong supporter of going green and going back to the basics of clean air and water. The environment and our impact on it has become a primary focus. A panel of dedicated employees developed internal manufacturing goals and then implemented methods to reduce waste and consumption of natural resources. RPT now has a water reclamation process that reduced their water consumption by 41.3%, as well as a companywide recycling program that ensures they’re keeping recyclable materials out of landfills. Additionally, they continue to look for new or better ways to improve their energy efficiencies in the office, in the plant, and in their products.
Summit Technical Solutions
Kelly Terrien, President and CEO
Summit Technical Solutions, LLC (STS) is an 8(a), women owned, veteran, small disadvantaged business that offers professional technical services to assist other small businesses enhance their own business practices. Kelly Terrien is the President and CEO of Summit Technical Solutions, LLC. After serving in the Army and Air Force for 10 years, Kelly decided to start her own business. In 2001, with only one employee, kelly started STS, LLC. Today she employs over 350 people.
In additional to being a successful business owner, she continues to remain an active advocate for other women owned businesses. She currently chairs the “Successful Small Business Panel” for Pikes Peak Small Business Outreach. She also is a member in the Women in Defense organization, A National Security Organization, an affiliate of the National Defense Industrial Association, which cultivates and supports the advancement and recognition of women in all aspects of national security. Also, each year STS donates to the Peterson Air Force Base Air Show annually for military members and their families and continues to sponsor local events such as the March of Dimes in Colorado Springs Colorado and in Lee’s Summit Missouri, as well as participates in the local United Way Chapters. They also support the USO in Germany. Lastly, she leads her own in house company effort called “Dress for Success”. This effort is to advance low-income women and encourage self-sufficiency through career development and employment retention.
Ms. Terrien holds a Master of Business Administration with an emphasis in Telecommunications from Webster University. She received her Bachelor of Schience degree in Mangement Information Systems from the University of Maryland. She also holds an Associate’s in Arts degree from the Community College of the Air Force in Electronics Systems Technology.
“Kelly Terrien embodies what a small business entrepreneur is all about," said SBA District Director Greg Lopez. "Not only does she run a successful company in a competitive field during difficult times, but she advocates on behalf of her community."
About Summit Technical Solutions
The company was initially funded from her own personal savings and credit cards. It took Kelly two years before she had sufficient revenues to generate enough cash flow directly from the business to support operations. STS entered into the SBA 8(a) program on January 10, 2006 with 21 full time employees. Since the start of the company and with the assistance and knowledge gained from the 8a program, STS currently holds 18 contracts and has grown in every direction.
Summit Technical Solutions, LLC (STS) has not only grown in size of employees but also has expanded in sales trends exponentially. STS’s sales trends averaged $5 million in 2006, and grown to an average estimated $30 million in 2010. Kelly’s dependable growth has paid great dividends and has materialized into a thriving company in the face of the current economic trends.
Ms. Terrien and STS continually look for opportunities to increase business and financial stability and also ways to assist their local community. Ms. Terrien takes her role very seriously as a leader by forging new paths for small businesses especially women owned businesses. Her role in the federal government contracting community has clearly demonstrated that women owned businesses can not only do the job, but do it successfully, in any environment.