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Local Entrepreneur Receives Grant To Grow Their Small Business

Sheila Wyne of Anchorage Will Use Grant For Marketing

Washington, D.C., October 15, 2010 – The National Association for the Self-Employed (NASE) is proud to announce that Sheila Wyne of Anchorage, Alaska, has been awarded a grant through the NASE’s Business Development Grant Program. Wyne, owner of Sheila Wyne Studios, a visual art studio, will use the grant for marketing.

Founded in 1993, Sheila Wyne Studios creates unique works of art for art exhibitions and collectors, public art commissions, art installations as well as set design for theater productions. Wyne plans to use the grant for marketing efforts, including professional photographs and a series of videos about the creation of particular pieces, to complement her exhibition at the ArtPrize art event.

With the Business Development Grant program, NASE Members can apply for up to $5,000 for a specific business need such as the purchase of new equipment or software, or the funding of advertising, marketing materials and training. Since the program began in 2006, the association has awarded over $450,000 to member businesses.

The NASE Business Development Grant Program offers access to capital for micro-business owners who have a specific business need – but lack the finances to carry out that goal. The program was designed after an online NASE Member poll found that a majority of micro-business owners (57 percent) initially fund their businesses using personal savings, and many (40 percent) continue to use personal savings for ongoing financing.

“Over the past four years, we’ve seen how just a small amount of capital can get a business off the ground,” said NASE President Robert Hughes. “When a retailer can suddenly sell products online or a contractor can buy a piece of equipment instead of renting it—those small changes to the way a business operates can generate huge profits.”

To learn more about the NASE Business Development Grant program, click here. Benefit availability dependent upon membership level.

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