Hampsten named Missouri SBDC State Star
The University of Missouri Extension Business Development Program recently announced that Darrell Hampsten, director of the Moberly Area Community College Small Business & Technology Development Center (SBTDC), has been named 2015 Missouri State Star, or the state's outstanding business counselor, for his contributions to local business growth. The award is conferred by America's SBDC, the national association for all Small Business Development Center programs throughout the country.
Of Hampsten, an economic development partner wrote, "The team at Moberly Area Economic Development Corporation has complete confidence in Darrell's abilities. We routinely involve him in business development meetings with our prospects. The success of this relationship is largely due to Darrell's business acumen and his willingness to go the extra mile for his clients."
Another partner wrote: "While economic development is difficult in small, economically depressed counties, Darrell was able to make a big impact with his clients with very impressive numbers and in most cases, overwhelmingly, exceeded his goals."
Hampsten will receive official State Star recognition at the ASBDC national conference in San Francisco this September. The award is given annually to a small business and development counselor in Missouri who shows a strong commitment to small business and makes a significant contribution to the economic health of the region and state.
"Darrell is one of our very best counselors," said Chris Bouchard, MO SBTDC state director. "He has helped hundreds of companies and individuals surmount serious economic obstacles in the West Plains and now Moberly area. He's a beacon of hope and a true partner in community prosperity."
The MO SBTDC is a program of the University of Missouri Extension Business Development Program.
Hampsten, previously with Missouri State University (MSU) SBTDC, has counseled nearly 500 clients for whom he has secured investment of nearly $55 million in just five years. While at MSU, he received a MO SBTDC Award of Excellence for creating more jobs than any other SBTDC counselor in Missouri.
Hampsten has extensive business experience as a journalist, editor and publisher of newspapers in Troy and Millstadt, Ill.; as an alderman for the city of Troy, Ill.; as a supervisor for Federated Business Systems; and as a tax accountant and IRS enrolled agent representing clients on tax audits and appeals. He is also active in the community, serving on the Missouri Economic Development Council, Northeast Missouri Development Partnership, Rotary Club and others. He holds certification from the National Development Council and from Blue Mesa; has taught business courses at MSU; and routinely conducts business and entrepreneur- ship courses such as FastTrac New Venture, Growth Venture and Tech Venture, NxLevel and Operation Jump Start. He is also a founder and former president of the U.S. Senator Paul Simon Museum, Troy, Ill.
Hampsten holds a bachelor's degree in business administration with a specialization in entrepreneurship from SIU Edwardsville and is working toward an MBA.
The BDP works with Missouri companies to address diverse business issues, including rural business development. From 2012 through 2014, the BDP and its companion programs assisted clients in creating $2.1 billion in economic impact, including creating or retaining more than 27,000 jobs, increasing sales by $666 million, acquiring investments of $661 million and winning government contracts of $800 million. For more information, visit www.missouribusiness.net.