America’s SBDC Day Scheduled for March 21

Businesses have always celebrated ribbon cuttings, grand openings and company anniversaries, and for a second year they’ll be able to celebrate the people who help them turn their dreams into reality – Small Business Development Centers.

America’s SBDC Day is set for March 21, 2018, a day that will unite nearly 1,000 SBDCs across the country and the hundreds of thousands of clients they’ve served in their near 40-year history.

SBDC Day is a national proclamation of the success of America’s Small Business Development Centers (SBDCs) on the success of the nation’s dreamers, innovators and doers – America’s small businesses.

“It’s great to see SBDCs, their clients and supporters come together to celebrate SBDCs and their amazing clients. With SBDC support small businesses around the country raised over $5 billion in capital and created nearly 100,000 jobs,” said Charles “Tee” Rowe, President & CEO of America’s SBDC.

Since 1980, 63 state and regional Small Business Development Center networks have provided free one-on-one consulting to small businesses at nearly 1,000 locations throughout the nation.

A new business is opened with the assistance of the SBDC around the country every 30 minutes; a new job is created every 5.5 minutes; more than $100,000 in new sales are generated every 8.2 minutes, and small businesses are able to obtain more than $100,000 in capital every 10 minutes.

Below are some of the facts and figures associated with the Arkansas Small Business and Technology Development Center regional office at Arkansas Tech University in 2017:

  • Entrepreneurs Consulted: 210
  • Total Case Hours: 1,687
  • Student Projects: 5
  • Business Start-Ups: 23
  • Capital Raised: $17.5 million 
  • New Sales: $19.8 million
  • New Jobs Created: 147
  • Events Held/Attendees: 47 and 697

“Our ASBTDC staff is proud to be of service to our nine county Arkansas River Valley citizens,” said Nathan George, center director at ATU. “We invite all business owners and prospective entrepreneurs to contact our center for free confidential business consultation.”

America’s SBDC network is a partnership that includes the U.S. Congress, SBA, the private sector, and the colleges, universities and state governments that manage SBDCs across the nation. SBDCs provide management and technical assistance to an estimated one million small business owners and aspiring entrepreneurs each year. Small business owners and aspiring entrepreneurs can go to their local SBDCs for free, face-to-face business consulting and at-cost training on writing business plans, accessing capital, marketing, regulatory compliance, international trade and more.

Small businesses, partners, and advocates are invited to help spread the word about SBDC Day using the hashtag #SBDCDay. On March 21, participants are encouraged to share how their local SBDC has created a difference in their life and community. SBDCs nationwide will collectively share, in real time, the success stories and notable impacts SBDCs collectively have on the small business community at large. This special day will also be celebrated through public relations initiates, campaigns, and online and in-person events.

The ASBTDC regional office at Arkansas Tech University is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock and the ATU College of Business. It serves new, existing and innovation-based businesses in the Arkansas River Valley.

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