Helping small businesses start, grow, succeed

Tuesday, June 03, 2014

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Small businesses are the backbone of the nation’s economy. Yet many fail in the first two to three years because they are undercapitalized and their owners don’t know how to run a business.

Deardra G. Campbell, director of the Gary Department of Commerce, delivered that message to lead off the small business seminar Tuesday in celebration of Indiana Small Business Week.

“We are committed to offering opportunities to Gary residents who start and run, or who have current businesses. Those businesses need to fit with our vision for the future,” Campbell told the dozens of current and potential business owners who attended the seminar at City of Gary Annex, 839 Broadway.

The seminar organized by the U.S. Small Business Administration Indiana District Office in Indianapolis brought together speakers to explain how lenders provide business loans, how to get help writing a business plan and how to sell products to government agencies such as the Indiana Department of Transportation.

Regional director of the Northwest Indiana Small Business Development Center Lorri Feldt said the agency serves Lake, Porter, LaPorte, Starke, Pulaski, Jasper and Newton counties and works with small business owners and startup entrepreneurs.

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