Many people have ideas for small businesses, but not many of them quit their day jobs to try something unique, especially when it’s something they know little about. But that’s exactly what the Pollockfamily of Casper did in starting Backwards Distilling Company.
“My son’s an absinth drinker and absinth is hard to come by and he and she were talking… why don’t we just make some make some… and then we all looked at each other and we all stopped and went hmmm.”
Small businesses that received help from the University of Wyoming-based Small Business Development Center brought $22.6 million into the state in 2013.The SBDC provides small business owners and people wanting to start a business with free services, including planning expansions, putting together loan requests, and marketing. State Director of the SBDC, Jill Kline, says 2013 was a good year.
“It does vary from year to year,  is a little bit of an exception. We did have some larger loans that individuals received, but they all are from small businesses,” says Kline.
It has never been easy to start a small business or to keep it going. Acquiring startup money is always one of the challenges. In Wyoming, officials say they want to develop more businesses, but unless you are a technology company, it can be difficult to find the necessary support. Wyoming Public Radio’s Bob Beck reports.
BOB BECK: Laramie Economic Development Director Dan Furphy says funding small businesses is scary for lenders.