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Local entrepreneur gets a boost from Small Business Development Center

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On an average day, Trina Worrell Benjamin handles invoices, returns calls and emails, directs a team of nearly a dozen employees and manages a client roster that has included big names like Rite Aid and Toys“R”Us. She admits her first steps into entrepreneurship were not easy. But with the help of…

Local entrepreneur gets a boost from Small Business Development Center

  • SBDC: Temple University SBDC
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Companies Assisted by the Pennsylvania SBDC Among Inc. 500|5000 Winners

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Every year, Inc. Magazine publishes a list of the 500 fastest-growing private companies in the U.S. The list has expanded to include the top 5000 fastest-growing businesses, and achieving any spot on the list has become a significant benchmark of entrepreneurial success. Two Pennsylvania SBDC clients, Swain Techs and Fun and Function, who have received help from the Temple University SBDC and the Wharton School SBDC respectively, have both received spots on this year’s list.

Ranked 718 on Inc’s list with a 628% growth rate, Swain Techs is an award winning, IT and engineering services company with over a decade of providing strategic technology solutions. Their services include: Engineering, Management Support and IT Services providing disaster recovery, cloud computing, business continuity services, security consultancy, website design and development, IT Strategy, Project Management and Staffing. The company needed to find new markets to support its plan for growth and came to the Temple University SBDC for assistance in government marketing. The Procurement Technology Assistance Center (PTAC) gave Swain Techs guidance to better understand the government arena so the business could grow by marketing effectively to the government. The company is located in Horsham, PA.

Ranked 2645 on Inc’s list with a 139% growth rate, Fun and Function launched the business to its “next level” in 2014. Fun and Function provides versions of occupational therapy toys and learning aids for special needs kids. The company’s products − which “help kids of all abilities learn through play” − have been adopted by parents, therapists, teachers, and schools nationwide. Fun and Function products and programs have enabled many students to learn to regulate themselves and have academic success. This small business worked with the Wharton SBDC to analyze their current business model, identify its strengths, and model a plan for reducing costs and successfully growing. The CEO also engaged an experienced sales consultant to help redefine products, positioning, and sales approaches. The company is based in Merion Station, PA.

The Inc. 5000 is ranked according to percentage revenue growth over a four-year period. To qualify, companies must have been founded and generating revenue by the first week of the starting calendar year and able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, and independent as of December 31 of the last year measured. Revenue in the initial year must have been at least $200,000, and revenue in the most recent year must have been at least $2 million.

The Inc. 500|5000 Conference & Awards Ceremony is an annual event that celebrates Inc. 500|5000 honorees and alumni’s remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. This year the conference will be held Wednesday, October 21, 2015 through Friday, October 23, 2015 in Orlando, Florida.

To view the full list of winners and to find out more about the annual conference, visit http://www.inc.com/inc5000/list/2015/.