Wake Tech Holds Small Business Resource Summit

November 19th, 2010


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RALEIGH, N.C. (November 18, 2010) - Hundreds of small business owners, and those who want to start their own businesses, got some valuable information today at the Small Business Resource Summit at Wake Technical Community College. The Wake Tech/Wachovia Wells Fargo Center for Entrepreneurship hosted the event, in cooperation with the Wake Tech Small Business Center and the Federal Deposit Insurance Corporation.

The Summit offered a "one-stop shop" for tools and resources to help would-be entrepreneurs succeed. Federal, state, and local government agencies, as well as nonprofit organizations and financial institutions, answered questions and provided valuable advice. These experts shared information on tax issues, small business loans, grants, government and military contracting opportunities, technical and educational services, and other resources available to small business owners.

A special session focused on the North Carolina Capital Access Program, designed to boost small business by encouraging financial institutions to make loans that fall outside conventional guidelines. Representatives from the U.S. Small Business Administration and the N.C. Rural Center explained how the program, which is administered in all 100 NC counties, works.

The free Summit was held on Wake Tech's Main Campus in conjunction with Global Entrepreneurship Week. About the Wake Tech/Wachovia Wells Fargo Center for Entrepreneurship Thanks to a grant from Wachovia, A Wells Fargo Company, Wake Technical Community College created the Wake Tech/Wachovia Wells Fargo Center for Entrepreneurship as a centralized resource, that unites all aspects of the development and delivery of education, support, and resources for present and future small businesses and entrepreneurs in the Wake County area.

About the Wake Tech Small Business Center The Small Business Center (SBC) provides small business owners with information they need for starting or expanding their small business. The SBC Center offers confidential, one-on-one counseling as well as various seminars, workshops, and classes at no cost or minimum cost.

About the Federal Deposit Insurance Corporation The FDIC is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships.

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