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MBDA’s Assistance Leads to 90% Increase in Revenue for Manufacturing Company
Tue, 2012-11-20 13:45

Company Name: Sirius Chemical Group

Industry Sector: Chemicals and Water

Results of MBDA Assistance: $6.6 Million Contract
23 Jobs Created and/or Retained

MBDA Support: Access to Contracts
Access to Capital
Access to Markets
Strategic Business Consulting

Jesse Storr, founder and CEO of Sirius Chemical Group, dba Global Water, LLC, has big plans – he wants to improve the quality of drinking water in every American home while at the same time increasing employment opportunities across the country. But, first he has to take his company to the next level. He came to the MBDA Business Center in Atlanta looking for assistance in developing a business strategy that would support his company’s growth and bring him closer to realizing his vision.

The business development specialists in the Atlanta MBDA Business Center researched non-traditional sources of capital. They provided introductions to other minority business owners, along with access to opportunities through B2Bs, client networking programs and open events. The Atlanta MBDA Business Center also assisted in developing presentations and the collateral material necessary for the company’s minority vendor certification. As a result, Sirius Chemical was able to secure $6.6 million in capital, which represents a 90% increase in revenue, and will directly and indirectly create and retain 23 jobs.

“The Atlanta MBDA Business Center staff have skills that fit our business model perfectly. Our account manager’s strong business development & chemical background has been a tremendous asset, and her understanding of financial and manufacturing needs helped in developing strategies for securing non-traditional financing. This opened the door to establishing additional resources necessary for our company to move to the next levels.”----Jesse Starr, CEO