2017 Hurricane Recovery: Get information about disaster assistance, or find out how you can help.
LEARN MORE Close

Error message

The file could not be created.

Minnesota Small Business Development Center of the Year Located in Brainerd, Covers 11 Counties in North Central Minnesota

Release Date: 
Tuesday, March 28, 2017
Release Number: 
17.03.MN
Contact: 
Sarah Swenty, 530-669-3585

MINNEAPOLIS – The North Central Regional Small Business Development Center at Central Lakes College (SBDC) in Brainerd was chosen as Minnesota’s SBDC Excellence and Innovation Center of the Year. In 2016, the Center helped 24 new businesses open and assisted businesses in the northcentral part of Minnesota in raising nearly $24 million in start-up and expansion financing.

The current director, Greg Bergman, came to the SBDC in 2001 with an extensive background in business and economic development. He manages the SBDC’s consulting programs, which provide one-on-one services to business start-ups and existing businesses focusing on a large variety of topics. In addition to their main location, Bergman also manages 4 satellite centers to provide accessibility throughout the 11-county north Central Minnesota region. “The quality of the consultants that work with our clients has been key to our success,” says Bergman, “they have experience and knowledge to share that is some the best in the state.”

One of the experienced consultants at the SBDC is Julie Anderholm. Since 1992 she has provided over 20,000 hours of consultation to help local businesses succeed. Anderholm is known for her ability to work with clients to identify and obtain funding to start or expand their small business. In the last 15 years, she has helped clients raise over $157 million in financing for their businesses. One business that knows firsthand the value of her advice is Danlure, LLC.

Danlure, LLC, a fishing jig manufacturer in Wadena, Minn. was founded by Lee (Ivan) Lorentz and his late father Dan Lorentz in 2011. Dan designed and developed a fishing jig with a swivel hook, which gave the bait a more natural presentation to the fish. Dan passed away in 2012 after a four year battle with cancer. Since then, Ivan has made it his mission to ensure the success of the Danlure fishing jig.

To do that, Lorentz turned to the SBDC for assistance with business planning, financial analysis and more. Anderholm worked with Lorentz on his business plans and financial projections to help ensure his finances would not get overextended. "Julie was great to work with," says Lorentz. "Her down-to-earth advice was really valuable to our business."

While the company continued to grow through sales at a variety of small retail outlets and its online store, a huge break came in early 2015 when a major sporting goods retailer decided to feature Danlure products in select stores throughout the Midwest.

The help Ivan received from the SBDC truly helped him to land the big fish!

Each year the SBDC in Brainerd provides approximately 3,500 consulting hours to more than 400 clients in eleven counties. To promote growth in their area, they help small businesses access SBA loan products, microloans, local incentive programs, investor groups and more.

The SBA, along with the SCORE Association and the Minnesota State Small Business Development Center, will honor all the 2017 winners at the Minnesota Small Business Week Awards Luncheon on May 4, 2017, at the Marriot Minneapolis Northwest in Brooklyn Park, Minn.

Registration is open for the event until April 30 at http://conta.cc/2ns07WA.

For more information on Small Business Week, please visit www.sba.gov/NSBW.