TSBDC names Blue Slip Winery as its 2017 ‘Rising Star’

Tennessee Small Business Development Center Knoxville Director Bruce Hayes, left, with Blue Slip Winery owner Linn Slocum, center, and Pellissippi State Community College President L. Anthony Wise Jr.

The Knoxville office of the Tennessee Small Business Development Center has named Blue Slip Winery as its 2017 Rising Star winner.

The Rising Star award is the highest honor TSBDC has to recognize growing small businesses in the Knoxville area. The award honors business owners who have achieved sustainability and success and who contribute to the growth and development of Tennessee’s economy.

“The Blue Slip Winery has come so far from its beginnings as a hobby for Linn Slocum,” said Bruce Hayes, director of Knoxville TSBDC. “Originally housed in only a small basement in the Old City, Blue Slip Winery expanded to become Knoxville’s first urban winery in 2014.”

“The restoration of an iconic landmark in the Southern Railway Station, mixed with Blue Slip Winery’s advancements in the wine industry has created a commodity for historic downtown Knoxville that locals and visitors can enjoy and watch grow,” Hayes said. “In recognition of her achievements and of the passion that allowed her to pursue her dreams, we’re honored to name Linn and the Blue Slip Winery as winner of the Rising Star Award.”

Pellissippi State’s Small Business Development Center serves Blount, Claiborne, Cocke, Jefferson, Knox, Sevier and Union counties. In 2016, it served 454 clients for a total of 1673 counseling hours. The TSBDC helped 28 new businesses start up, create 107 new jobs and retain 183 jobs. The firms TSBDC aided went on to create more than $11 million in new capital investment into the local economy.

The Small Business Development Center is affiliated with Pellissippi State and partners with the College on training opportunities and workforce development. TSBDC is a network of professional business consultants with 13 centers throughout Tennessee. For more information, visit www.tsbdc.org.

For more information about Pellissippi State, call 865-694-6400 or visit www.pstcc.edu.

TSBDC names Bruce Hayes as new executive director

Bruce Hayes, new executive director of the Tennessee Small Business Development Center in Knoxville
Bruce Hayes, new executive director of the Tennessee Small Business Development Center in Knoxville

Knoxville’s Tennessee Small Business Development Center, an affiliate of Pellissippi State Community College, has named Bruce Hayes as its new executive director.

Hayes has worked for the TSBDC for nine years as a small business counselor. He steps into his new position following the retirement earlier this year of former executive director Larry Rossini.

“I’m looking forward to the opportunities of this new position,” said Hayes, who before coming to work at TSBDC was a custom homebuilder. “I’m planning to build on the work TSBDC has been doing for years now, and add a new focus on small businesses that are already up and operating.”

Hayes has worked with numerous startup businesses like The Flower Pot and Blue Slip Winery through his work at TSBDC.

“Our mission is to encourage economic growth in Tennessee. It’s those small businesses that contribute to the economic development of the state because it’s those business owners who are hiring people and expanding,” Hayes said.

“However, current small-business owners are focused on running their business. They don’t necessarily know who to go to if they need help. We want to expand the direction of TSBDC so that we can ensure existing small business owners know we have the resources to help them. We’re not just here for startups.”

Pellissippi State’s Small Business Development Center serves Blount, Claiborne, Cocke, Jefferson, Knox, Sevier and Union counties. In 2015, it served 466 clients for a total of 2,135 counseling hours. The TSBDC helped 30 new businesses start up, create 183 new jobs and retain 1,280 jobs. The firms TSBDC aided went on to create more than $11 million in new capital investment into the local economy.

The Small Business Development Center is affiliated with Pellissippi State and partners with the college on training opportunities and workforce development.

For more information about Pellissippi State’s Small Business Development Center, visit www.tsbdc.org or call 865-246-2663. For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400.

 

Download this press release: TSBDC Hayes New Director

TSBDC earns Eagle Award for small business loans

TSBDC director Larry Rossini, left, with Walter N Perry of the U.S. Small Business Association and L. Anthony Wise Jr., president of Pellissippi State Community College.
TSBDC director Larry Rossini, left, with Walter N. Perry of the U.S. Small Business Administration and L. Anthony Wise Jr., president of Pellissippi State Community College.

Knoxville’s Tennessee Small Business Development Center and Pellissippi State Community College have been recognized for their excellence in facilitating working capital loans to small businesses.

The TSBDC and Pellissippi State recently received the Eagle Award from the U.S. Small Business Administration’s Tennessee District, in recognition of the TSBDC having the highest number of clients assisted with small business loans among all 14 regions within the TSBDC network. The Eagle Award launched in 2013; Pellissippi State’s TSBDC has won the award two of the past three years.

In 2015, TSBDC Knoxville directly assisted seven clients who obtained a cumulative total of more than $4 million in Small Business Administration loans. As reported by the small businesses receiving funding, a cumulative total of 13 jobs were created and 32 jobs retained as a result of the firms receiving SBA loans to finance their capital needs. Four businesses were started with the loans.

“Pellissippi State’s leadership is evident to identify sources of capital for small business owners” said Walter Perry, District Director of SBA’s Tennessee District Office. “And it is through their relationships with East Tennessee lenders that dollars are available to start or expand a small business.” 

 “Pellissippi State’s Small Business Development Center has always been committed to helping businesses in our community find the resources they need in order to be successful” said L. Anthony Wise Jr., president of Pellissippi State Community College. “This recognition by the Small Business Administration is an affirmation of that good work.”

The SBA guarantees small business loans and through a cooperative agreement with Pellissippi State and the TSBDC, provides counseling and training to small business owners. A key component of this assistance is helping small business owners acquire capital through SBA-guaranteed loans made by area lenders. 

 A number of small businesses benefited from this funding, including a veterinarian, winery, restaurant, retail store, transportation services firm, research and development firm and a temporary services agency. Participating East Tennessee lenders assisting Pellissippi State clients included Commercial Bank, Pathway Lending, Peoples Bank, Renaissance Bank and UT Federal Credit Union.

Pellissippi State’s Small Business Development Center serves Blount, Claiborne, Cocke, Jefferson, Knox, Sevier and Union counties.  In 2015, it served 466 clients for a total of 2,135 counseling hours. The TSBDC helped 30 new businesses start up, create 183 new jobs and retain 1,280 jobs. The firms TSBDC aided went on to create more than $11 million in new capital investment into the local economy.

For more information about Pellissippi State’s Small Business Development Center, visit www.tsbdc.org or call 865-246-2663. For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400.

 

Download this press release: TSBDC Eagle Award 2016