October 2012 - Catonsville · 2012. 9. 28. · October 10, 2012 Rolling Road Golf Club...

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The Chamber A Newsletter from the V IEW INSIDE This Issue October 2012 President’s Message 2 Winners of 2012 Catonsville Business Awards 4 Welcome New Members 8 How the SBA Can Help Your Small Business 10 2012 Calendar 11 Working Together - A Vision for the Future T T he 2012 Catonsville Business Awards will be held on Wednesday, October 10, 2012 at Rolling Road Golf Club, 814 Hilltop Road at 5:00 pm. Each year the Chamber celebrates small businesses and the contributions they make to our community and the economy. With the 2012 theme “Working Together - A Vision for the Future,” we are excited to honor those chamber member businesses that help create a positive vision for Catonsville’s future. Todd Marks, CEO of Mindgrub Technologies, will be our guest speaker. Mindgrub fuses creative and technical expertise in mobile applications with web development and social media. Todd is an amazing spokesman for the latest in technological innovation and its impact on small business. This year's event will be dedicated to the memory of Thomas Booth who passed away on September 10, 2012. Tom was a prominent businessman, community leader and an active member of our chamber since 1989. continued on page 4 On Sunday, September 9th the Chamber hosted the 39th annual Catonsville Arts & Crafts Festival. Over 150 crafters and artisans along with civic groups, local businesses, our Sunday farmers market and food vendors filled the 256 spaces along Frederick Road. A record crowd enjoyed the glorious weather, great musical enter- tainment and an amazing day in Catonsville. Pictured here is photographer and artist Deanna Hayes of Art by Deanna Hayes who won our Best Booth award. See pages 6 & 7 for more photos of the day’s festivities. Photo by Nathaniel Corn, Balance Photography Catonsville Business Awards October 10, 2012 Rolling Road Golf Club IN REMEMBRANCE AND RECOGNITION

Transcript of October 2012 - Catonsville · 2012. 9. 28. · October 10, 2012 Rolling Road Golf Club...

Page 1: October 2012 - Catonsville · 2012. 9. 28. · October 10, 2012 Rolling Road Golf Club INREMEMBRANCEANDRECOGNITION. 2 Greater Catonsville Chamber Newsletter • ct wn. e s mber l

The ChamberA Newsletter from the

VIEWI N S I D E

This Issue

October2012

President’s Message 2

Winners of 2012 CatonsvilleBusiness Awards 4

Welcome New Members 8

How the SBA Can Help Your Small Business 10

2012 Calendar 11

Working Together - A Vision for the Future

TT he 2012 Catonsville Business Awards willbe held on Wednesday, October 10, 2012at Rolling Road Golf Club, 814 Hilltop

Road at 5:00 pm. Each year the Chamber celebrates small

businesses and the contributions they make toour community and the economy. With the2012 theme “Working Together - A Vision forthe Future,” we are excited to honor thosechamber member businesses that help create apositive vision for Catonsville’s future.

Todd Marks, CEO of Mindgrub Technologies,will be our guest speaker. Mindgrub fuses creative and technical expertise in mobile applications with web development and socialmedia. Todd is an amazing spokesman for thelatest in technological innovation and its impact on small business.This year's event will be dedicated to the

memory of Thomas Boothwho passed awayon September 10, 2012. Tom was a prominentbusinessman, community leader and an activemember of our chamber since 1989.

continued on page 4

On Sunday, September 9th the Chamber hosted the 39th annual Catonsville Arts & Crafts Festival. Over 150crafters and artisans along with civic groups, local businesses, our Sunday farmers market and food vendorsfilled the 256 spaces along Frederick Road. A record crowd enjoyed the glorious weather, great musical enter-tainment and an amazing day in Catonsville. Pictured here is photographer and artist Deanna Hayes of Art by Deanna Hayes who won our Best Booth award. See pages 6 & 7 for more photos of the day’s festivities.

Photo by Nathaniel Corn, Balance Photography

Catonsville Business AwardsOctober 10, 2012

Rolling Road Golf Club

IN REMEMBRANCE AND RECOGNITION

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2 Greater Catonsville Chamber Newsletter • www.catonsville.org

nize this individual who had a big impacton our town.I didn’t know Tom that well, I think he

was a quiet kind of guy, but easy to talk to asI encountered him at many of the chamberevents. He owned a lot of commercial realestate in town, not sure I even know all ofwhat and where (he was generous in allow-ing the chamber to hold their Sunday Farm-ers Market on one of his parking lots.) I sawhim at many of the chamber events, in fact,I can remember his wife Joanne runninginto the chamber office last year when theCrab Feast tickets became available andasked to buy a table for her, Tom andfriends, saying “we wouldn’t miss it, this issuch a great event, we come every year”. The one thing everyone knew about Tom

Booth was that his name was synonymouswith Catonsville. He truly lived, worked andplayed in Catonsville. He put his heart intoimproving our town and financially foundsuccess. He didn’t forget where he camefrom and always gave back. Well done TomBooth. Sorry I won’t be able to chat with youat the next meeting and see you aroundtown.

Editor,Design & Layout

Teal CaryGCCC Executive Director

410-719-9609

PURPOSEThe purpose of the Chamber of

Commerce is to have a strong voicewith the county government, business and local community;

to affect positive change in our area;to foster growth and expansion ofour members’ businesses; and toachieve the betterment of the Catonsville community.

Chamber Web Site:www.catonsville.org

ADVERTISING & PROMOTIONOPPORTUNITIES

One-Page Insert $75Get special attention for anevent, sale, etc. with a

8 1/2 “ x 11” insert (pdf file) in The View

provided by your business.

Event SponsorshipYour company can be

highlighted at one of our monthly events.(Costs vary)

Event HostInvite the Chamber to your

location for onsite promotion.(Costs vary)

WebsiteUpgrade your membership to

“Plus Status” and have your. logo appear on the Chamber’s website.

Contact Teal Cary for more information on this great online

marketing opportunity.

Call the Chamber Office410.719.9609for more information.

VIEWThe Chamber The Chamber Working for You

President’s Message

Sally Griffin2012 President

OO ne of the morechallengingparts of my role

as Chamber President isto write a monthly article for the Viewnewsletter. Usually it isabout the events that

are happening around town and how ourlocal businesses can benefit from them. Ican spend many hours agonizing over atopic, wondering if my delivery was anygood, did I forget to mention someone andthen do it again the next month. A writer, Iam not. But this month my topic is a little differ-

ent and I hope that my words serve thetopic with integrity, because I’d like to acknowledge Tom Booth, a prominent business owner and huge supporter ofCatonsville, who passed away too quickly in September. So, rather than the rah-rah article, I want to take a moment to recog-

The Chamber The CCF CornerBy Maureen Sweeney SmithCCF Executive Director

TT hanks to everyone whostopped by theCatonsville Community

Foundation (CCF) booth at theCatonsville Arts Festival. It was great to talkto so many residents who share our visionof honoring the history and maintaining thecharm of our community. Thanks to theChamber for organizing this event and raising $5,000 to assist local organizations.Many residents wanted to know more

about the CCF mission. The CCF supports local nonprofit organizations through bequests, grants, and gifts. As an IRS 501C3charitable foundation, the CCF is able to accept tax deductible donations to fundCatonsville activities that are used to makeour community flourish. We are able tospare many Catonsville organizations thecomplex and expensive headache of main-taining an IRS charitable designation.

In November we will be reminding residents to “donatelocally” when making end ofyear donations by giving towww.donatecatonsville.org.With a few clicks, residents candonate to the CCF or one of

our member organizations such as theCatonsville Historical Society, the LurmanTheatre, or the Friends of the Catonsville Library. Keep your money at home in theCatonsville community!The CCF added two new board members

in September. Joan Bender, will be repre-senting the Catonsville Historical Societyand filling her husband’s (Bill) position onthe board. Sadly, Bill passed away in May.Beverly Wright, owner of Sign-A-Rama, willbe added to the board as a representative ofthe Chamber. Bev is active in the severalCatonsville organizations including the July4th Committee. The CCF enthusiasticallywelcomes them!

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Greater Catonsville Chamber Newsletter • www.catonsville.org 3

Greater Catonsville Chamber of Commerce presents

The 2012 CatonsvilleBusiness Awards

Working Together - A Vision for the FutureGuest Speaker: Todd Marks, Mindgrub Technologies, LLC

October 10, 2012Rolling Road Golf Club, 814 Hilltop Road

Please join us as the Greater Catonsville Chamber of Commerce recognizes excellence in commerce. We invite your entire office staff, faculty, and family to enjoy this most prestigious night

for Catonsville businesses.

�5:00 pm Sponsor Displays/Cocktails6:00 pm Speaker, Business Awards & Remarks7:00 pm Dinner & Conversation

�Tickets-$65 for members, $75 for non-members

All tickets must be purchased in advance. No tickets will be sold at the door.

www.catonsville.org, 410-719-9609

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continued from page 1

Join us for this wonderful evening of remembrance and celebration honoringCatonsville's business community and itsfuture.

And the 2012 winners are!!!!!!

ENTREPRENEURIAL SPIRIT

YOU SCREAM ICE CREAM

What do you get when you combine arisk taker and visionary with that sweetfrozen dessert we all scream for? You getthe winner of this year’s entrepreneurialspirit award. Rhonda and Phillip Chase started their

family owned and operated business in2004 by purchasing The Sweet Shop, anice cream shop in the food court of thePatapsco Flea Market in Baltimore. Theyquickly recognized a unique opportunityand the dream of having their own store-front ice cream parlor took hold. In 2009they moved the business to downtownCatonsville and renamed it You ScreamIce Cream. Their idea of recreating an oldfashioned ice cream parlor at theCatonsville location fit perfectly with thehand dipped Hersheys Premium IceCream products they sell. Their shopquickly became a destination for manyvisitors to our town and an importantpart of the Village’s renaissance. Never without a smile and that conta-

gious positive attitude, Rhonda and Phil joined the chamber as soon as theyopened and quickly became active members, participating in the Taste ofCatonsville, Frederick Road Fridays andthe Arts Festival. Over the last three years,You Scream Ice Cream has reached out tothe community by including among theirservices ice cream socials and children’sparties. They also partner with other localbusinesses, like Ken’s Old FashionedCandy Shop or the Pottery Cove, to planevents that bring additional foot traffic to Frederick Road, boosting our localeconomy.The accolades for this Catonsville gem

haven’t just come from the communitythey serve. In 2010, You Scream IceCream was named Best Ice Cream Parlorin Maryland by USA Today and featuredon WJZ TV Morning Edition.The Chamber is pleased to honor,

You Scream Ice Cream, whose smallbusiness contributes to a positive visionfor our Catonsville village, with the 2012Entrepreneurial Spirit award.

COMMUNITY ENTHUSIAST

MCDONALD’S- CATONSVILLE

There is a McDonalds on every corneracross the world, but the CatonsvilleMcDonald’s is unique because it has acommunity enthusiast for an owner. Thenational chain boasts that 47 cents ofevery dollar earned goes back to localeconomies and thanks to Jim Bower’sthe owner of the Catonsville franchise,we know that statement is true. Shortly after taking ownership of the

McDonald’s on Frederick Road in 2000,Jim joined the chamber and began participating in our events. Whethersponsoring the Arts Festival and thisyear’s Outstanding Teacher Awards orparticipating in the Taste of Catonsville;Jim is always willing to help from giftsbag coupons to donations of food forour general meetings. Who could everforget the huge McCafe van pulled up atthe entrance to Rolling Road Golf Clubfor the Taste one year? But Jim’s love ofour local community goes far beyondhis work with the chamber. The fundraising nights at the

Catonsville McDonalds have helped numerous local schools and organiza-tions. In just the last 12 months $2,000was raised for Hillcrest Elementary, $700for the Hillcrest Teachers Court YardProject; $400 raised for Catonsville Middle School and $1,150 for the July4th Committee. Then there are thecountless food donations: dinner for 70 volunteers for the Hillcrest’s LiteracyNight and food items for the 5th gradepicnic. Donated breakfast items forCatonsville Middle School’s Honor Roll

Breakfasts and their Donuts for DadsEvent or apple pies for Catonsville Elementary School’s International Night. And for the non-profit organizations,

the Catonsville McDonald’s has sup-ported Lighthouse Incorporated’s Summer Stroll Event, St. Agnes Hospital’soncology fundraiser, the BaltimoreCounty West Side Men’s Shelter birthdayrecognition fundraiser and the RotaryClub’s mural project and Fall into FitnessEvent.For all of these reasons and more, the

Chamber is happy to present theCatonsville McDonald’s with this year’sCommunity Enthusiast award.

INNOVATION

JUSTRIGHT TECHNOLOGY

Today’s small businesses need to con-stantly keep pace with the latest technol-ogy. And if you are too small to have yourown I.T. department, where do you go forthe help you need in making your com-pany work more efficiently while pro-tecting it from data security threats? Thewinner of this year’s Innovation Awardanswers that question. JustRight Tech-nology has been helping businesses andnon-profits throughout the BaltimoreWashington area find the right balancebetween technology efficiency and security since 2005. JustRight's CEO, Ray Smith, gained a

wide range of business and technologyexperience in over 10 years as an I.T.Manager and Software Sales Engineerbefore starting JustRight Technology. Ray is a Microsoft Certified Professionaland holds degrees in Information Systems Management and Computer Applications. JustRight Technology hasdeveloped innovative solutions that involve relocating their customers emailservers, or entire networks, to climatecontrolled, secure data center facilitieswith redundant high speed internet connections and power generators. Inmany of these scenarios, Just Right alsouploads customer data from the data

IN REMEMBRANCE AND RECOGNITION

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OF CATONSVILLE BUSINESSES

Greater Catonsville Chamber Newsletter • www.catonsville.org 5

center back to the customer's office. This way, customers have the safety andredundancy of a data center along with acopy of the data stored in their own office. JustRight Technology guaranteesthat the server data stays online and protected while the small businessowner and their employees can easilywork from the office or home knowingthat their information is protected.JustRight Technology's mission is to

consistently offer outstanding customerservice combined with technical expert-ise. In today’s constantly changing technological age, JustRight Technologyprovides innovative solutions to help thesmall business owner and contributes to Catonsville’s reputation as a technologyhub. The Chamber is proud to presentJustRight Technology with our InnovationAward.

REVITALIZATIONCATONSVILLE MURAL PROJECT

A positive vision for Catonsville’s future must include collaboration between our local businesses and thecommunity, working together for a common goal. The Catonsville MuralProject is a perfect example of that jointeffort. Meg Tipper, well known for her“Who’s Behind the Counter” reportingfor the Catonsville Patch, was the catalyst for this project. She spent 8months in contract negotiations withM&T Bank to secure permission to usethe wall alongside their building as thecanvas for this first of its kind Catonsvillemural. Another 6 months of planningand designing and the mural was readyfor production. The 120ft mural sponsored by The

Catonsville Rotary involved dozens oflocal artists, both professionals and students. Applying paint to a concreteblock canvas required 3 months of artistic effort led by Catonsville artist Edward Williams. The finished paintingis a panoramic view of Catonsville’s history. It begins with a "Reflection on

the Past" with historic village streetscapesmoves to "Living in the Present" with resi-dents watching the 4th of July parade in-cluding the Ravens Marching Band andon to "Dreaming on the Future" with chil-dren watching fireworks. Lighting for the mural was donated by

chamber members 21st Century Electricand 701 Frederick Rd LLC. Over a dozenCatonsville restaurants and Chambermembers donated meals and snacks tothe painters during the murals creation.Sherwin Williams Paints and WhalenProperties were the largest contributorsdonating much of the needed materialsand funding. In the words of Jim Himel, owner of 701

Frederick Road, “This project has pro-vided what may be the single most oftenviewed aesthetic contribution toCatonsville celebrating Catonsville evermade!!” The chamber is proud to honorThe Catonsville Mural Project- Reflect onthe Past, Live in the Present, Dream onthe Future with this year’s RevitalizationAward.

LEGACY

CATONSVILLE PHARMACY

Our next award winner, Neil Leikach,owner of the Catonsville Pharmacy, beganhis career at age 16 working for theMaiden Choice Pharmacy in Catonsville.That position inspired Neil to go to earnhis Bachelor of Science in Pharmacy degree from the University Of MarylandBaltimore, School of Pharmacy. In 1992,he transferred to Maiden Choice’s sisterstore, Paradise Pharmacy at 6350 Freder-ick Road as the store's pharmacist manager. In 1998 the Paradise Pharmacy was

purchased by Rite Aid and closed. Wanting to keep that small communitypharmacy alive, in 1999 Neil openedCatonsville Pharmacy in the 6350 Frederick Road location. That same yearCatonsville Pharmacy joined the chamber.Neil has kept the EPIC pharmacy familyowned and operated for the last 13 years.If you're looking for personalized

pharmacy care with no long waits,Catonsville Pharmacy fits the bill. Alwayslooking for ways to serve their local community, the Catonsville Pharmacy offers free local delivery and the free “My Dose Alert System” which notifiesthe patient when to take their medica-tions.With the motto, A Forward Thinking

Pharmacy in Your Hometown, Neil expanded his services to include the Paradise Professional Pharmacy in 2006.This is a closed door pharmacy thatserves group homes and assisted livingcenters in the area and is run from theCatonsville Pharmacy location.Catonsville Pharmacy is one of two

pharmacies in Maryland recognized bythe American Association of DiabetesEducators. The Pharmacy completed the Diabetes Education AccreditationProgram, and offers free classes to ourcommunity held at Catonsville Presbyte-rian Church and the Catonsville SeniorCenter.Along with their support of our

chamber, Catonsville Pharmacy donatesto many non-profit organizations in ourarea whether it be a gift basket for asilent auction, backpacks for the elemen-tary schools, a cash donation, or a sponsorship. For their many years of healthcare

service to our community, the Chamberis happy to present Catonsville Pharmacywith the 2012 Legacy Award.

Don’t worry! There are still a numberof surprises left for the Catonsville Business Awards. We will announce therecipients of the President’s Award, andthe Businessperson of the Year on thenight of the 10th.

Tickets are available for $65 each andcan be purchased online atwww.catonsville.org.

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6 Greater Catonsville Chamber Newsletter • www.catonsville.org

The Chamber In Pictures

2012 Catonsville Arts & Crafts Festival

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Greater Catonsville Chamber Newsletter • www.catonsville.org 7

Photos by Nathaniel Corn, Balance Photography

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8 Greater Catonsville Chamber Newsletter • www.catonsville.org

The ChamberNew Members

The Chamber Member News

Member Level

Lighthouse AcupunctureMary Beth Dwyer606 Edmondson AvenueCatonsville, MD [email protected]

Lighthouse Acupuncture is an alternativeapproach to wellness that promotes thebody’s natural healing process. Theirfocus is on maintaining overall healthand wellness through nourishing a strongbody, mind and spirit.

RENDIAmanda Wyckoff9335 Bishopgate Drive Frederick, MD [email protected]

Rendi is a customizable home décor andgift company. They pride themselves onbeing all USA made and orders areshipped within 48 hours. All paints arewater based finishes, using only post consumer reclaimed wood.

T.M. EnterprisesEd Franz1208 Sterling CircleAnnapolis, MD [email protected]

T.M. Enterprises assists clients with propereyewear and headwear for maximumprotection from harmful UV Rays.

Avalon Yoga & Wellness CenterCelebrates Grand Opening withRibbon-Cutting, Free Classes,Demonstrations and More

ARibbon-Cutting Ceremony kickedoff the Grand Opening of theAvalon Yoga & Wellness Center on

Saturday, Sept. 15. Owner-Director LeslieCoombs, Chiropractor Janine Dinan andMassage Therapist Cassie Megarity cutthe ribbon and welcomed communitymembers in for tours of the new facility,free yoga classes, chair massage anddemonstrations of chiropractic tech-niques on Saturday and Sunday.The new Avalon Yoga & Wellness

Center is located at 10 Winters Lane(behind Ship’s Café). The new two-story building has been remodeled toinclude two yoga studios, areas formassage, and chiropractic services.

The Avalon Yoga & Wellness Center expanded from the Avalon Yoga Studio,where Catonsville-area residents have at-tended yoga classes since 2000. “For manyyears I nurtured the dream of having awellness center where our communitycan not only begin, grow and deepentheir yoga practice, but also find supportfor all aspects of their well-being,” saidOwner/Director Leslie Coombs. “NowChiropractor Dr. Janine Dinan, MassageTherapist Cassie Megarity and I will com-bine our resources at the new Center. I amexcited to work with such highly skilledand talented professionals, and we arereaching out to other practitioners to joinus as well.”

Surrounded by their staff, family andfriends, Chiropractor Janine Dinan,Massage Therapist Cassie Megarity andAvalon Yoga director Leslie Coombs , pictured center, officially cut the ribbonfor the opening of the new Avalon Yogaand Wellness Center along with Councilman Tom Quirk, Delegate JamesMalone and chamber executive directorTeal Cary.

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Greater Catonsville Chamber Newsletter • www.catonsville.org 9

Thomas E. Quirk, CFP®, CRPCRetirement & Investment Group, LLCContributing View Columnist

AA s summer wanes, we typically expect trading volume topick up in September, a historically tough month for equities. The actual outcomes remain to be seen as

investors anticipate economic reports that could push the marketsin either direction. For example, the markets seem to expect action from the European Central Bank (ECB) meeting scheduled for Thursday, September 6, afterECB chief Mario Draghi hinted last week that the central bank may take definitivesteps to help end the region’s debt woes. One option might be buying short-termgovernment bonds from countries struggling with borrowing costs.

Investors are also anticipating economic stimulation from the Federal Reserve,based on Chairman Ben Bernanke’s argument for action at the annual policy meet-ing in Jackson Hole, Wyoming, last week. His forceful speech cited “grave concern”over unemployment and indicated that lukewarm economic data – such as a slightimprovement in economic expansion and consumer confidence – wasn’t enough todeter the Fed from action. In fact, he acknowledged a clear need for action and saidthe benefits would likely outweigh the costs, perhaps setting the stage for when thecommittee meets again in mid-September.The markets’ optimism for quantitative easing was not shared by some CEOs and

small business owners who participated in a recent New York Stock Exchange survey.They indicated they’re less optimistic about the global economy than they have beenin the past two years and many expect no growth for the eurozone in 2013. On theother hand, these leaders anticipate growth in their businesses over the next threeyears and believe November’s election will impact jobs, as well as domestic andglobal economies. Bernanke’s speech coupled with possible stimulus in Europe helped boost U.S.

stocks at the end of August, with major indices gaining some ground for the month,as shown in the table below.

7/31/12 Close 8/31/12 Close Change Gain/LossDJIA 13,008.68 13,090.84 0.6% 82.16NASDAQ 2,939.52 3,066.97 4.3% 127.45S&P 500 1,379.32 1,406.58 1.9% 27.26

There’s still marked uncertainty while we wait for more economic data to come inand clearer political direction after November’s election. I’ll, of course, be monitor-ing the headlines and make myself available to you should you have any questions.If you’d like to discuss how to position your financial plan as we head into year-

end, please let me know. I look forward to speaking with you.

Sincerely,Thomas E. Quirk, CFP®, CRPCPresident - Retirement & Investment Group, LLCAn Independent CompanyRaymond James Financial Services, Inc. Member FINRA/SIPC806 Frederick Road, Suite CCatonsville, MD 21228410-744-8707

MARKETS’ IMPACT ON

SMALL BUSINESS UNCERTAINFAST FLU SHOTSAVAILABLE ATPATIENT FIRSTGet on the Fast Track to health this flu season

FF ight the flu before it gets here.Protect yourself and your family bybeing vaccinated against the virus

before flu season starts. You can get a seasonal flu shot with little or no waitwith the Patient First Fast Track AnytimeFlu Shot Program.Flu is contracted by inhaling respira-

tory droplets produced by coughing orsneezing. You can also become infectedby touching an object contaminated bythe flu virus (possible from a hand thatcovered a sneeze) and then touching yourmouth, nose or eyes. Flu symptoms in-clude a high fever, dry cough, sore throat,runny or stuffy nose, headache, extremefatigue, muscles aches and shortness ofbreath.The Patient First Fast Track Anytime Flu

Shot Program features:

8 am to 10 pm every day at all PatientFirst medical centers – walk in any-time.

Fast Track Flu shots are for patientswho are not allergic to eggs, who donot wish to see a physician, and whoare at least 4 years old.

If Patient First participates with yourinsurer, you will be responsible only foryour co-pay. The cost for self-pay is $27.

About Patient First

Patient First currently operates 41 centersin Virginia, Maryland, and Pennsylvania.It opened its first facility in Richmond,Virginia in 1981 and developed many au-tomation-based operating systems andpractices that were considered innovativeat the time and which have been continu-ally improved to meet the needs of today’spatients.

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10 Greater Catonsville Chamber Newsletter • www.catonsville.org

WW hat does SBA offer to smallbusiness owners? The programs are many and

varied, and the qualifications for each are specific. SBA can help facilitate aloan for you with a third party lender,guarantee a bond, or help you find venture capital. Understanding how SBAworks is the first step towards receivingassistance.

SBA’s Role

SBA provides a number of financial assistance programs for small busi-nesses that have been specifically de-signed to meet key financing needs,including debt financing, surety bonds,and equity financing.

Guaranteed Loan Programs (Debt Financing)SBA does not make direct loans to

small businesses. Rather, SBA sets theguidelines for loans, which are thenmade by its partners (lenders, commu-nity development organizations, andmicrolending institutions). The SBAguarantees that these loans will be re-paid, thus eliminating some of the riskto the lending partners. So when a busi-ness applies for an SBA loan, it is actu-ally applying for a commercial loan,structured according to SBA require-ments with an SBA guaranty. SBA-guar-anteed loans may not be made to asmall business if the borrower has ac-cess to other financing on reasonableterms.SBA loan guaranty requirements and

practices can change as the Governmentalters its fiscal policy and priorities tomeet current economic conditions.Therefore, you can’t rely on past policywhen seeking assistance in today's mar-ket.

Bonding Program (Surety Bonds)SBA’s Surety Bond Guarantee (SBG)

Program helps small business contrac-tors who cannot obtain surety bondsthrough regular commercial channels.A surety bond is a three-party instru-

ment between a surety (someone whoagrees to be responsible for the debt orobligation of another), a contractor anda project owner. The agreement bindsthe contractor to comply with the termsand conditions of a contract. If the con-tractor is unable to successfully performthe contract, the surety assumes the

WHAT SBA OFFERS TO HELP SMALL BUSINESSES GROWcontractor's responsibilities and ensuresthat the project is completed.Through the SBG Program, the SBA

makes an agreement with a surety guar-anteeing that SBA will assume a per-centage of loss in the event thecontractor should breach the terms ofthe contract. The SBA's guarantee givessureties an incentive to provide bonding for eligiblecontractors, thereby strengthening acontractor's ability to obtain bondingand greater access to contracting oppor-tunities for small businesses.SBA can guarantee bonds for con-

tracts up to $5 million, covering bid,performance and payment bonds, andin some cases up to $10 million for cer-tain contracts.

Venture Capital ProgramSBA’s Small Business Investment

Company (SBIC) Program is a public-

private investment partnership createdto help fill the gap between the avail-ability of growth capital and the needsof small businesses. The SBA does notinvest directly in small businesses, rely-ing instead on the expertise of qualifiedprivate investment funds. The SBA li-censes these funds as SBICs and supple-ments the capital they raise from privateinvestors with access to low-cost, gov-ernment-guaranteed debt.With these two sources of capital

backing them, SBICs search across theUnited States for promising businessesin need of debt or equity financing.SBICs are similar to other investmentfunds in terms of how they operate andtheir pursuit of high returns. However,unlike other funds, SBICs limit their in-vestments to qualified small businessconcerns as defined by SBA regulations.For more information visit SBA.gov.

NEED HELP TRAININGYOUR STAFF?

LL ocating and training a qualified workforce has become the number one issue forbusiness. Recognizing the importance of this issue, the Department of EconomicDevelopment in Baltimore County has dedicated a staff position to work with

businesses, educational and training institutions, and other County agencies to identifythe current and future workforce needs of employers in Baltimore County.The Department works with partners to develop new training programs, effectively

market existing programs and encourage links between business and education. Part-ners include the Workforce Development, Baltimore County Public Schools, the Com-munity College of Baltimore County (CCBC), the County Executive's Advisory Board onHigher Education, the Maryland Business Roundtable for Education and local four-yearinstitutions such as UMBC, Towson University, Villa Julie College, and Loyola College.Customized training and recruitment programs and training grants are available

through both Baltimore County and the State of Maryland.Workforce Development assists businesses in filling job openings. Services include:

• A dedicated Business Services staff to provide business with a streamlined point-of-contact system to coordinate customized solutions for workforce development need• Access to an active and diverse candidate pool throughout the state ranging frommanagement level professionals to skilled laborers with expertise in various industrysectors• Coordinated recruitment efforts on behalf of business, including pre-screening andassessment of candidates, provision of facilities for recruitment initiatives, advertise-ment, and staff assistance throughout your initiatives to ensure efficiency and goal at-tainment • Promotion of a company's recruitment initiatives to local educational institutions,partner agencies and other organizations to broaden your access to candidate popula-tion• On-going support for business Human Resources staff to assist with both start-up ef-forts and continual growth and fluctuations in your workforce need• Access to several training grant funding resources to assist business with training ex-isting workforce and any new hires. Workforce Development Business Services Staff willassist businesses through the application process to grant approval.For more information contact workforce development recruitment and training at

[email protected], or call 410-887- 8000.

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THIS MONTH’S EVENT

OCTOBEREvent: Catonsville Business Awards Diamond Sponsors:We Love Catonsville; Whalen PropertiesPlatinum Sponsors: CCBC - Catonsville;Catonsville Pharmacy

Gold Sponsors: Team 12 A: Senator Kasemeyer, Delegate DeBoy,Delegate Malone

Silver Sponsors: BB&T Bank; CCBC Enterprise Institute; Catonsville Cooperative Market; Coldwell Banker;Fairfield Systems, Inc.; Maryland Residential Realty; Mindgrub Technologies, LLC; TechGuard Security, LLCTom Quirk, Retirement & InvestmentGroup, LLC; bwtech@UMBC Research & TechnologyParkAwards Sponsor: Sign A Rama Date: Wednesday, October 10, 2012

Time: 5:00 pm

Place: Rolling Road Golf ClubCost: Tickets $65

Event: “Good for Business” BreakfastTopic– The Art of Networking

Sponsor: Edible Arrangements

Speakers: Susan Katz- Business Coach

Date: Friday, October 26, 2012

Time: 7:30 am

Place: Knights of Columbus

Cost: $10

NOVEMBEREvent: Legislative LuncheonSponsor: TBAGuest Speakers: Local LegislatorsDate: November 14, 2012Time: 12:00 noonPlace: Knights of Columbus

Frederick RoadCost: $20 pre-registered & pre-paid

$25 at the door$35 for non-members

NOVEMBEREvent: “Good for Business” BreakfastTopic– Saving on your 2012 Taxes

Sponsor: Edible Arrangements

Speakers: Bruchey Tax Service

Date: Friday, November 30, 2012

Time: 7:30 am

Place: Knights of Columbus

Cost: $10

DECEMBEREvent: Holiday Party

Date: Wednesday, December 5, 2012

Time: 12:00 noon

Place: Overhills MansionCost: $30 in advance with payment,

$40 at the door

Greater Catonsville Chamber Newsletter • www.catonsville.org 11

The Chamber 2012 Calendar

NOTE: Times, locations, and costs aresubject to change.

“GOOD FOR BUSINESS” BREAKFAST SERIES: THE ARTS OF SUCCESSFUL

NETWORKING

TT he chamber will host its seventh “Good for Business”breakfast meeting on Friday, October 26th at the Knights of Columbus, 1010Frederick Road, at 7:30 am.

FFeeling unsure and a little nervous when it comes to promoting your business at networking events? Need help with raising that confidence level? This breakfastmeeting is devoted to giving our small business owners tools to help identify, focusand build their business. The chamber is pleased to have Susan Katz, the GrowthCoach of Baltimore, as our guest speaker. Susan is a well-known and respected business coach who helps business owners discover the vision and confidence theyneed to be successful. The presentation will help our guests discover what it is withinthemselves that holds them back from networking effectively Susan provides thetools to help business owners become that confident and self-assured spokespersonfor their business they want to be.Cost is $10 and you can register online at catonsville.org or call the Chamber office

at 410-719-9609.This “Good for Business” breakfast series is sponsored by Edible Arrangements

Catonsville, who generously donates the delicious fruit and pastries for each meeting.

SUNDAY MARKET’S 3RD

SEASON

The SundayFarmersMarket

located at 730Frederick Road,in the parkinglot behindFriendly’s,opened for its third season on Sunday,May 6 and will run, rain or shine, untilSunday,November 4. Times for the market are 10:00 am until 1:30 pm.Our weekend market includes a

wonderful variety of foods from Mary-land farmers, from poultry, pork andeggs, to produce, fruits and herbs withFrench bread and crepes, baked goods,coffee, salsa, and sweets rounding outthe offerings. Visit our website,www.catonsville.org for a complete listof this year’s vendors and follow us onour market facebook page.

Page 12: October 2012 - Catonsville · 2012. 9. 28. · October 10, 2012 Rolling Road Golf Club INREMEMBRANCEANDRECOGNITION. 2 Greater Catonsville Chamber Newsletter • ct wn. e s mber l

12 Greater Catonsville Chamber Newsletter • www.catonsville.org

Quote for this Month Business opportunities are like buses, there’s always another one coming.

Sir Richard Branson, The Virgin Group

Follow us online

Like us onSee Our Taste ofCatonsvilleVideos on

The Commuity Baltimore County News

KAMENETZ ANNOUNCES NEW CATONSVILLEBICYCLE ROUTES- STATE GRANT MOVES

TRAILS FORWARD

Catonsville will have an expanded Short Line Trail and anew bike route from UMBC to the Frederick Road busi-ness district thanks to a $100,000 design grant awarded to

Baltimore County from the Maryland Bikeways Program, part ofthe Governor's Cycle Maryland Initiative. Catonsville Rails toTrails will be providing in-kind services to support the planningand engineering needed to extend the bike trails network.."In this era of high gas prices, traffic congestion and a re-

newed emphasis on physical fitness, bike trails really makesense," said Baltimore County Executive Kevin Kamenetz. "Wethank the State for its support of Catonsville's growing networkof trails and bicycle routes."

Short Line Trail to UMBC

With a new bike spur from the Short Line Trail to UMBC, thecommunity will have safe bicycle commuting, more recreationaloptions, and convenient connections to and from the universitycampus to the shops and restaurants along Frederick Road.“Catonsville’s bike trails are a wonderful way for neighbors

and families to connect with each other,” said Councilman TomQuirk. “we’re proud that Catonsville Rails to Trails has been aleader in bringing this wonderful amenity to ourcommunity.”The UMBC spur would tap into the existing ShortLine Trail, which serves as the backbone of a growing network oftrails and bicycle facilities that link educational, business andrecreational destinations in the greater Catonsville area.

Key destinations include:Charlestown Retirement CommunityWestern High SchoolBloomsbury Community CenterCatonsville and Paradise Village CentersMaidens Choice Shopping CenterCatonsville High SchoolLurman Woodland Theater

Rails to Trails"Catonsville Rails to Trails is pleased to partner with Balti-

more County and the State to build a network of trails to servethe residents of Catonsville and the entire county," said ThomasM. Ajluni, President, Catonsville Rails to Trails."We're pleased to be able to support Catonsville Rails to Trails

through the state's cycling program," said State Senator EdwardKasemeyer.

"Bike routes and trails truly add to our quality of life," saidDelegate Jimmy Malone."Catonsville bike trails and routes help bring our community

even closer together while gether while making our environ-ment cleaner and safer," said Delegate Steven DeBoy.

Other Regional ProjectsOther recently funded bicycle projects in the area include a

signed bicycle route from UMBC to the Halethorpe MARC railstation, and bike lanes and routes on Frederick Road and Edmondson Avenue. Together with the existing number eightStreetcar Path connecting Frederick Road and Edmondson Av-enue and the number nine Trolley Trail, which connects to historic Ellicott City, these projects will begin to establish acomprehensive bicycle network serving the region.