Small Business Owners Utilize Free Funding Summit

Dothan, AL - The recession and company mergers had Beverly Cook and her business partners looking for new careers.

“All four of us were unemployed. We just put our talents together and opened on a shoestring. We’ve been doing really, really good,” said Cook, owner of OccMed Solutions.

She joined a room full of Wiregrass entrepreneurs at a business funding summit. They were able to learn more about different business funding resources like banks, government groups, and private lenders.

“I’ve already picked my building out, and I know what it takes to fund it. But I know now if I can give 20 percent then some banks will match me for 80 percent and I didn’t know that before,” said Que’Nona Guilford, independent Mary Kay consultant.

“I’m new to the area, so opportunities like this allow me to know who the banks are in the area, not just the big ones but the small ones who are really geared to small businesses. Just to network and meet different people,” said Charlita Key, owner of Top Drawer Lingerie.

That’s what leaders had in mind.

“Small businesses are basically the foundation of our country. We as a small community tend to support small businesses. It will not only benefit them, it will also benefit the community,” said Mackroyce Corbitt, Jr., Entrepreneurship Committee Chair at Economic Summit on Jobs.

Cook sure hopes so. She is thinking about adding an X-ray to the services at OccMed Solutions, but she isn’t stopping there.

She said, “I can see us having multiple locations in the Wiregrass area. Possibly even the Panhandle.”

Free events like this will help her get there.

The event was organized by the Small Business Development Center at Troy University and the Center for International Business and Economic Development. It was also co-sponsored by the Dothan Area Chamber of Commerce.

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