IMPACT BY NETWORK

New York

Ward Lumber Company, Worker-Owner Cooperative

With assistance from the Canton SBDC, the employees of Ward Lumber made history when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract in the North Country region. The lumber products and hardware store, which has locations in Jay and Malone and employs 50 local people, has been in Jay Ward’s family for four generations. The successful conversion of Ward Lumber Company to a worker-owner cooperative was achieved through the collaborative efforts of the Cooperative Development Institute, Adirondack North Country Association, SBDC and funding partners Cooperative Fund of New England, Capital Impact Partners, and Empire State Development.

Ward Lumber Company, Worker-Owner Cooperative

With assistance from the Canton SBDC, the employees of Ward Lumber made history when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract in the North Country region. The lumber products and hardware store, which has locations in Jay and Malone and employs 50 local people, has been in Jay Ward’s family for four generations. The successful conversion of Ward Lumber Company to a worker-owner cooperative was achieved through the collaborative efforts of the Cooperative Development Institute, Adirondack North Country Association, SBDC and funding partners Cooperative Fund of New England, Capital Impact Partners, and Empire State Development.

Ward Lumber Company, Worker-Owner Cooperative

With assistance from the Canton SBDC, the employees of Ward Lumber made history when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract in the North Country region. The lumber products and hardware store, which has locations in Jay and Malone and employs 50 local people, has been in Jay Ward’s family for four generations. The successful conversion of Ward Lumber Company to a worker-owner cooperative was achieved through the collaborative efforts of the Cooperative Development Institute, Adirondack North Country Association, SBDC and funding partners Cooperative Fund of New England, Capital Impact Partners, and Empire State Development.

Ward Lumber Company, Worker-Owner Cooperative

With assistance from the Canton SBDC, the employees of Ward Lumber made history when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract in the North Country region. The lumber products and hardware store, which has locations in Jay and Malone and employs 50 local people, has been in Jay Ward’s family for four generations. The successful conversion of Ward Lumber Company to a worker-owner cooperative was achieved through the collaborative efforts of the Cooperative Development Institute, Adirondack North Country Association, SBDC and funding partners Cooperative Fund of New England, Capital Impact Partners, and Empire State Development.

North Carolina

Mojotone Expands Business Through Increased International Presence and New Products

Mojotone builds, modifies, and repairs vintage and reproduction musical electronics, speaker cabinets, and parts out of a 46,000 sq. ft. building in rural Burgaw. The company relocated to Burgaw from Winston-Salem in 2005 and currently employs 67 people. CEO Michael McWhorter turned to the SBTDC in 2019 to help diversify and grow the business. The SBTDC helped expand Mojotone’s international business by entering the German, Indonesian and Russian markets in 2020 and 2021. Mojotone brought in $768K in exporting revenue in 2020, a 23% increase from 2019. In addition, the company partnered with the SBTDC and UNC Wilmington MBA Learning Alliance students to create a value proposition for a new acoustic pick up, which launched in January 2021.

Mojotone Expands Business Through Increased International Presence and New Products

Mojotone builds, modifies, and repairs vintage and reproduction musical electronics, speaker cabinets, and parts out of a 46,000 sq. ft. building in rural Burgaw. The company relocated to Burgaw from Winston-Salem in 2005 and currently employs 67 people. CEO Michael McWhorter turned to the SBTDC in 2019 to help diversify and grow the business. The SBTDC helped expand Mojotone’s international business by entering the German, Indonesian and Russian markets in 2020 and 2021. Mojotone brought in $768K in exporting revenue in 2020, a 23% increase from 2019. In addition, the company partnered with the SBTDC and UNC Wilmington MBA Learning Alliance students to create a value proposition for a new acoustic pick up, which launched in January 2021.

Mojotone Expands Business Through Increased International Presence and New Products

Mojotone builds, modifies, and repairs vintage and reproduction musical electronics, speaker cabinets, and parts out of a 46,000 sq. ft. building in rural Burgaw. The company relocated to Burgaw from Winston-Salem in 2005 and currently employs 67 people. CEO Michael McWhorter turned to the SBTDC in 2019 to help diversify and grow the business. The SBTDC helped expand Mojotone’s international business by entering the German, Indonesian and Russian markets in 2020 and 2021. Mojotone brought in $768K in exporting revenue in 2020, a 23% increase from 2019. In addition, the company partnered with the SBTDC and UNC Wilmington MBA Learning Alliance students to create a value proposition for a new acoustic pick up, which launched in January 2021.

Mojotone Expands Business Through Increased International Presence and New Products

Mojotone builds, modifies, and repairs vintage and reproduction musical electronics, speaker cabinets, and parts out of a 46,000 sq. ft. building in rural Burgaw. The company relocated to Burgaw from Winston-Salem in 2005 and currently employs 67 people. CEO Michael McWhorter turned to the SBTDC in 2019 to help diversify and grow the business. The SBTDC helped expand Mojotone’s international business by entering the German, Indonesian and Russian markets in 2020 and 2021. Mojotone brought in $768K in exporting revenue in 2020, a 23% increase from 2019. In addition, the company partnered with the SBTDC and UNC Wilmington MBA Learning Alliance students to create a value proposition for a new acoustic pick up, which launched in January 2021.

North Dakota

Long Standing Pizza Restaurant Thrives Under New Owner

Seth Bercier, owner of D&B Pizza in the rural community of Rolla, North Dakota, worked for the business for several years before buying it and taking over. He knew all the processes in the kitchen but needed help with the business side of things — business planning, payroll, accounting, and operations. He's thankful the ND SBDC was there to assist.

Long Standing Pizza Restaurant Thrives Under New Owner

Seth Bercier, owner of D&B Pizza in the rural community of Rolla, North Dakota, worked for the business for several years before buying it and taking over. He knew all the processes in the kitchen but needed help with the business side of things — business planning, payroll, accounting, and operations. He's thankful the ND SBDC was there to assist.

Long Standing Pizza Restaurant Thrives Under New Owner

Seth Bercier, owner of D&B Pizza in the rural community of Rolla, North Dakota, worked for the business for several years before buying it and taking over. He knew all the processes in the kitchen but needed help with the business side of things — business planning, payroll, accounting, and operations. He's thankful the ND SBDC was there to assist.

Long Standing Pizza Restaurant Thrives Under New Owner

Seth Bercier, owner of D&B Pizza in the rural community of Rolla, North Dakota, worked for the business for several years before buying it and taking over. He knew all the processes in the kitchen but needed help with the business side of things — business planning, payroll, accounting, and operations. He's thankful the ND SBDC was there to assist.

Ohio

RL Valley Ranch — Success and Community Support with SBDC Help

Ohio SBDC supports small businesses and entrepreneurs in rural communities across Ohio. With the Support of the Ohio SBDC at Ohio University, RL Valley Ranch was able to pivot and succeed during the coronavirus pandemic. With this success, RL valley gave back and supported thousands of meals for needy children at the height of the pandemic. Ohio SBDC has worked with RL Valley to ensure the family business will remain for many generations to come.

RL Valley Ranch — Success and Community Support with SBDC Help

Ohio SBDC supports small businesses and entrepreneurs in rural communities across Ohio. With the Support of the Ohio SBDC at Ohio University, RL Valley Ranch was able to pivot and succeed during the coronavirus pandemic. With this success, RL valley gave back and supported thousands of meals for needy children at the height of the pandemic. Ohio SBDC has worked with RL Valley to ensure the family business will remain for many generations to come.

RL Valley Ranch — Success and Community Support with SBDC Help

Ohio SBDC supports small businesses and entrepreneurs in rural communities across Ohio. With the Support of the Ohio SBDC at Ohio University, RL Valley Ranch was able to pivot and succeed during the coronavirus pandemic. With this success, RL valley gave back and supported thousands of meals for needy children at the height of the pandemic. Ohio SBDC has worked with RL Valley to ensure the family business will remain for many generations to come.

RL Valley Ranch — Success and Community Support with SBDC Help

Ohio SBDC supports small businesses and entrepreneurs in rural communities across Ohio. With the Support of the Ohio SBDC at Ohio University, RL Valley Ranch was able to pivot and succeed during the coronavirus pandemic. With this success, RL valley gave back and supported thousands of meals for needy children at the height of the pandemic. Ohio SBDC has worked with RL Valley to ensure the family business will remain for many generations to come.

Oklahoma

I was not aware of all the COVID relief options prior to meeting SBDC Advisor Ben Evans. Our initial meeting focused on other topics, but Ben made sure I was informed of all programs. The SBA COVID Relief loan helped my business tremendously.

Kenny Wheeler Insurance Farmers Insurance Agent in Ponca City, OK

I was not aware of all the COVID relief options prior to meeting SBDC Advisor Ben Evans. Our initial meeting focused on other topics, but Ben made sure I was informed of all programs. The SBA COVID Relief loan helped my business tremendously.

Kenny Wheeler Insurance Farmers Insurance Agent in Ponca City, OK

I was not aware of all the COVID relief options prior to meeting SBDC Advisor Ben Evans. Our initial meeting focused on other topics, but Ben made sure I was informed of all programs. The SBA COVID Relief loan helped my business tremendously.

Kenny Wheeler Insurance Farmers Insurance Agent in Ponca City, OK

I was not aware of all the COVID relief options prior to meeting SBDC Advisor Ben Evans. Our initial meeting focused on other topics, but Ben made sure I was informed of all programs. The SBA COVID Relief loan helped my business tremendously.

Kenny Wheeler Insurance Farmers Insurance Agent in Ponca City, OK