OzSBI October Newsletter

October News & Events

Midwest Mobile Imaging Graduates

OzSBI graduated another small business from its program! After 21/2 years incubating at OzSBI, Dan Taylor, owner of Midwest Mobile Imaging, has moved into his own storefront office space. MMI provides mobile x-ray and ultrasound services.

When Dan first joined the progam he was the only employee. Today he employs 3 full-time, 1 part-time and 3 PRNs. He operates 2 mobile vans and services a 7 county region.

"OzSBI was integral in the success of my company," said Dan. MMI utilized OzSB's microloan program to purchase equimpment and a van. OzSBI's mentors helped Dan become Medicare certified, maket his business, and gain new clients.

Midwest Mobile Imaging is now located at 1422 8th Street, West Plains and is availabe by phone at 1-888-426-9210.

http://www.midwestmobileimaging.com/

New OzSBI Team Member

Ila Sloan is the newest employee at OzSBI, hired as the Financial Administrator. Ila has moved from San Antonio,TX and brings with her over 25 years of banking experience. She will be a great asset to small businesses, helping them understand their finances.

We will put Ila's skills to use managing our microloan programs, mentoring clients and teaching workshops. Be sure to stop by and introduce yourself, if you haven't already met. Ila can be reached at ilasloan@ozsbi.com or at 256-9724.

Thank you Ozark Independent Living

Ozark Independent Living (OIL), a leading provider of resources for the disabled, recently made a donation to OzSBI to benefit the disabled community. The proceeds are being used to install an elevator making the newly renovated second floor more easily accessible to individuals with disabilities.

Ozark Independent Living is celebrating 20 years of providing services and programs to the disabled in Howell, Oregon, Ozark, Wright, Douglas, Texas and Shannon counties. OIL is a Founding member of OzSBI. Heather Fisher, Executive Director of OzSBI added, "OIL's continued support has enabled us to provide workspaces, workshops and business services that are accessible to people of all abilities in the communities we serve. We are grateful their support and partnership."

Tax Credits Available

We have been awarded $50,000 in 50% Missouri tax credits for 2016. Donations will enable us to further expand OzSBI by remodeling our second floor providing larger spaces for sustainable growth in the future.

In just over 4 years OzSBI has helped start over 70 new business, creating 235 new jobs; hosted over 125 business trainings, attended by over 1,150 people; and loaned $259,000 to small businesses. Our tenant clients create a monthly payroll of $301,050. Our goal is to continue this success by incubating more businesses and larger companies.

We hope you consider a donation again in 2016 to help us remodel our second floor. Any individual or business with a Missouri tax liability is eligible to receive the 2016 tax credits by making a donation to Downtown West Plains, Inc. (a 501(c)3 nonprofit). Donors recover 50% of their donation as a direct reduction in their Missouri taxes and the donations may be taken as a charitable deduction against federal income tax. Please talk with your account about your personal savings.

If you are interested in receiving tax credits please email Heather Fisher at heatherfisher@ozsbi.com or call 417-256-9724. Donations must be made by Dec. 31.

Construction Update

Changes are happening fast on the second floor remodel! We have walls and sheet rock going up!