From Serving His Country to Changing the Landscape of Broadband Doug Tate Utilizes SBA Resources to Grow Small Business

Situation

Alpha Technologies, LLC is a business technology focused company providing comprehensive solutions that allow clients to focus on growing their business while Alpha manages their technology. The company was created by Douglas Tate, Army Veteran, who has lead Alpha to serve ten states within the United States and 17 countries internationally.

Alpha was ready to take on a large game changing project to install a 35 mile high-capacity fiber ring around the community of Charleston, WV with the purpose of delivering high speed internet and data center connectivity to the area.

Local banks had a difficult time understanding the risks and rewards of such a high technology project and were reluctant to assist with funding.

Solution

Doug turned to his trusted West Virginia Small Business Development Center Business Coach Terry Cyfers. The West Virginia Small Business Development Center is a resource partner of the U.S. Small Business Administration who provides the SBDC with partial funding.

Cyfers connected Alpha with SBA’s West Virginia District Office Lender Relations Specialist Leo Lopez. Within a matter of days Lopez had lenders lined up to look at the project. Since Alpha was serving international customers, the SBA determined Alpha was eligible for a $ 4.8 million SBA Export Loan. This was the first SBA Exporting Loan made to a West Virginia business and is the largest loan made in the Mid-Atlantic District in recent years.

Impact

The project is currently underway and will provide faster data transfer speeds starting at 1 Gigabit Per second between businesses and to the internet.  Alpha’s goal is to revitalize the business community in Charleston and South Charleston paving the way for economic stability and growth through business expansion and job creation.

Doug Tate was the 2018 West Virginia Small Business Person of the Year and the First Runner Up National Small Business Person of the Year. He recently had the honor of giving SBA Administrator Linda McMahon a tour of his company and explained the fiber project funded by the SBA.

Company Name: 
Alpha Technologies, LLC
Location: 
Charleston, WV