NASE Member Receives $20,000 Award For Business Growth

Self Made: NASE's Blog

Blog With Us

Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

NASE Member Receives $20,000 Award For Business Growth

May 26, 2010

Posted by Maureen Petron -- Meet Doug. 

He’s an NASE Member just like you. He runs a gymnastics center in Maine. He took advantage of an NASE benefit and applied for a business development grant.

And he received one: $4,193 to purchase equipment.

That’s where Doug’s story becomes extraordinary.

Doug didn’t buy just any equipment. He purchased men’s training equipment. He felt he needed to introduce the sport to more boys in his community. And, based on his current client demographics, he knew that men’s gymnastics was an untapped market that could bring in a steady source of revenue.

Doug’s grant was part of the more than $450,000 in grants given by the NASE in the last four years in response to members’ needs for access to capital. Members have done incredible things with that grant money, including starting Web sites; building trailers and greenhouses and exhibit booths; hiring help; printing marketing materials; and purchasing cameras, software, furniture and more. The NASE applauds each and every one of them for growing their business.

With the $4,000 grant, Doug purchased a second set of rings, a miniature pommel horse, a second high bar as well as training aids for the pommel horse and parallel bars. That smart planning increased the center’s enrollment of male gymnasts by 10% in just a few months – a new and continuous source of income for his business.

The tremendous impact Doug made on his business with the small grant prompted the NASE to select him out of 19 other grant recipients for a further financial award of $20,000. The NASE believes in his mission, his support of healthy lifestyles for children, and his business savvy, and that's why Doug Springer is the 2010 NASE Achievement Award recipient.

I’ll get to meet Doug personally in a month to present him with the $20,000 check, to see first-hand how his grant was put to use, and to hear the plans he has for this additional award – including purchasing mobile equipment he can take to schools and fairs and expanding his hospitality room for larger birthday parties. If you’re in Ellsworth, Maine, on June 24th, stop by Springers Gymnastics Center and offer Doug your congratulations.

Starting a Bridal Gown Business: Key Considerations and Strategies

As a business that combines elegance, romance, and celebration, the bridal gown industry appeals to those who want to pursue their entrepreneurial dreams. But breaking into this cutthroat market demands careful preparation, ingenuity, and a deep grasp of the workings of the industry. This essay examines crucial factors and practical tactics for starting and expanding

Written By Delilah (@delilah-a) - Best Practices | Tips and Tricks

Overcoming Common Challenges Faced by Online Entrepreneurs

Starting a successful online business is like starting a tug-of-war between your time and money. For early-stage entrepreneurs, you constantly have to ask yourself if you should invest your hours into learning new skills, like web design and video editing, or if you’re better off hiring experts. And then there’s the question of how you’ll

Written By Joseph Muscente (@lendingtree123) - Best Practices

How To Start a Reselling Business

Online reselling is a compelling opportunity for entrepreneurs who want to launch a business quickly and with minimal capital. A reseller forms relationships with product manufacturers to sell their goods online. Responsibilities can be broken down in various ways, but fundamentally, the reseller brings in the customer and makes the sale, while the manufacturer provides

Written By Scott (@wesellcellular) - How-To Guides / Tutorials

Utilizing Social Media Advertising to Boost Small Business Visibility

Marketing is the backbone of small business and today’s business landscape requires businesses to have social media presence in order to stay competitive. Prior to social media, businesses often relied on traditional marketing channels like newspapers, billboards etc. Although those worked before, the cost-effectiveness and ROI is small in comparison to social media advertising. In

Written By Delilah (@delilah-a) - Best Practices

Power-Ups for Profit: Integrating Loyalty Programs with Gaming Elements in Small Businesses

In today’s competitive market, small businesses must find innovative ways to attract and retain customers. One emerging trend is the integration of gamification elements into loyalty programs. By incorporating game-like features, businesses can create engaging and rewarding experiences that encourage repeat visits and increased spending. This article explores how small businesses can leverage gamification to

Written By Anthony Lucas (@anthonylucas) - Best Practices

Want More?


See our latest Self Made content by clicking here.  Want to see our archives, click here.

Courtesy of NASE.org
https://www.nase.org/business-help/self-made-nase-blog/self-made/2010/05/26/NASE_Member_Receives_20_000_Award_For_Business_Growth