Lead Center Region
Senior Business Specialist- Retail and Restaurant
Training and Marketing
Lead Center Region
Russell C. Teter III has been with the SBDC for 14 years as of this July. He was promoted to Director of the Northern Maryland Small Business Development Center Network in 2003. Russell has personally aided over 13,000 entrepreneurs in improving their economic situation; his assistance has led to the acquisition of tens of millions in equity/debt financing as well as the creation and retention of thousands of jobs. Three of the last seven "Maryland Small Business Person of the Year" were his clients. In 2008, he received the U.S. Small Business Administration "Innovator & Excellence" Award for Maryland. In 2006 he was officially recognized by Maryland’s Governor and Lieutenant Governor for "[creating] legacy wealth for the minority community by encouraging minority entrepreneurs to be stronger leaders and advocates within their community.” He is also the 2010 Maryland Minority Business Advocate of the Year. Prior to the SBDC, he worked in Chamber management, served in the first class of Americorps, as a legislative aid on Capitol Hill, staff accountant at a CPA firm, consultant on various economic development projects and assisted in the development of leadership material for a non-profit.
Articles Russell has written for small business owners include The 8 Attitudes to Be a Successful Entrepreneur, Lessons on Entrepreneurism from Martin Luther King, Jr., and Do you own your business or does your business own you?. Mr. Teter has an M.B.A. in Technology Management and is certified by the Kauffmann Foundation (the world’s largest foundation for entrepreneurship) as a TechVenture instructor, certified NxLevel trainer and trained FrankinCovey facilitator. He has been adjunct faculty at Harford Community College and Baltimore Christian College.
Steven Colella is an experienced economic and community development professional, currently serving as the Business Consultant for Carroll County with the Small Business Development Center. Prior to joining Maryland’s SBDC, Steven served as the Director of Economic Development for the town of Sykesville, where he and his team worked diligently to revitalize the historic commercial district. Under his leadership, the team achieved a landmark success, launching dozens of new events and coordinating a successful campaign to win the title of "Coolest Small Town in America" in Budget Travel Magazine's 2016 contest. Steven's educational background is in strategic marketing and communications; he holds a B.A. in English with a concentration in Technical Writing from James Madison University in Harrisonburg, VA.