1: Small Business Development Centers (SBDC)
Facilitate the creation of viable businesses and to sustain and grow established businesses. Other Information:
As SBA's largest non-finance program, SBDCs provide services to facilitate the creation of viable businesses and to sustain
and grow established businesses.
Stakeholder(s):
- Small Business Development Centers (SBDC): SBDCs deliver management and technical assistance to small businesses through an extensive business education network comprised
of 63 lead centers managing over 900 outreach locations throughout the U.S. and the insular territories. SBDCs deliver professional
business counseling and training that is focused on strategic planning, business development, financial planning and cash
flow management to approximately 590,000 business clients annually. Special emphasis areas of business counseling and training
include facilitating innovation and high-growth companies with small business innovative research (SBIR) grants, commercialization
and technology transfer services, and export tools and guidance. Seven SBDCs have specialized international trade centers
that will expand to 46 of the 63 networks. SBDCs also provide services related to disaster recovery, contracting, energy efficiency,
veterans' assistance, and manufacturing. SBA grant funding to small business development centers leverages a unique mix of
federal, state and private sector financial resources. This funding model enables SBDCs across the country to foster the economic
growth of small businesses, generating business revenue, job creation and job retention as well as enhancing local and regional
economies.
- Management Assistance (Performer)
- Technical Assistance (Performer)
- Business Counseling (Performer)
- Business Training (Performer)
Objective(s):
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