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Stories written by Matt Verilek

Matt Varilek is the newly appointed administrator of the U.S. Small Business Administration Region VIII, a six-state region that includes Colorado. Reach him at (303) 844-2607.

SBA reaching out to innovation generation

Millennials, the cohort of Americans born between 1980 and the mid-2000s, constitute the largest generation in the United States and represent about a third of the total population. Members of this generation tend to be more technologically savvy, connected and diverse in their thinking. Their unprecedented enthusiasm for technology has the potential to spark change […]

Need help with business? Find a mentor

One of the smartest moves an entrepreneur can make in the new year is finding and using a smart and savvy business mentor. If one of your New Year’s resolutions involves following through on dreams of starting a small business or growing an existing one, take advantage of the mentorship resources offered by the U.S. […]

Resolved to do better in 2015? Consider these tips

Like personal resolutions to eat healthy or get fit, New Year’s resolutions for small business owners can lead to good things. A survey conducted by Constant Contact found that 53 percent of small business owners make New Year’s resolutions to boost their operations. Consider the following ideas from the U.S. Small Business Administration network of […]

Overcoming hurdles critical during busy holiday season

Locally owned small retailers can earn 50 percent or more of their total annual sales during the critical holiday shopping months of November and December. The business choices made during this important period can have devastating effects on cash flow for the entire year. The U.S. Small Business Administration surveyed several business counselors from the […]

Thinking small for holidays could make a big difference

The old adage “small business is big business” holds true in Colorado. With more than 550,000 small firms that employ nearly 50 percent of all employees, a robust small business sector drives the state economy. Most small retailers generate 50 percent or more of their annual revenues during the key holiday shopping months of November […]

SBA out to assist women entrepreneurs

Women-owned small businesses are changing the face of entrepreneurship in America. According to the National Association of Women Business Owners (NAWBO), women own more than 9.1 million businesses that generate a total of $1.4 billion in sales. These businesses collectively represent one of the fastest growing sectors of our economy. The U.S. Small Business Administration […]

SBA out to bolster small business lending

Helping lenders “get to yes” on small business loans remains critical to America’s economic health and prosperity. Small firms employ half the country’s work force and create nearly two-thirds of all private-sector jobs. Federal Reserve Chairwoman Janet Yellen recently said small businesses deserve a “considerable share of the credit for the investment and hiring” that […]

Help available to land federal contracts

Maria Contreras-Sweet, administrator of the U.S. Small Business Administration, recently announced that for the first time since 2005, the federal government has met and exceeded its goal of awarding 23 percent of its contracts to small businesses. For the 2013 fiscal year, the federal government awarded 23.39 percent of contracts to small businesses. That represents […]

Take six steps to make the best of the worst situations

One of the most costly disasters in the region unfolded the night of Sept. 9, 2013, when more than 10 inches of rain fell in a 24-hour period, devastating Boulder and other Colorado communities with flash flooding that damaged nearly 20,000 homes and hundreds of small businesses. Unfortunately, our region is prone to a variety […]

SBA loan program designed to help veterans go into business

Our veterans have served our country proudly and bravely. They’re true American heroes, and we must make sure we’re doing everything possible to support them once they re-enter civilian life.  That’s why for the 2014 fiscal year, the U.S. Small Business Administration has set the borrower upfront guaranty fee to zero for all veteran loans […]

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