America's Small Business Development Center (SBDC) Network is the most productive Federal management and technical assistance program for small business. It is a Unique partnership that includes Congress, the SBA and the private sector, and the colleges, universities and state government that manage the SBDC network. Nationwide , the SBDCs provide management and technical assistance to more than 1.3 million small business owners and aspiring entrepreneurs each year. The federal investment in America's SBDC network is a cost-effective way to grow the economy, fulfill the American dream of owning a successful business and achieve economic prosperity for all Americans.
According to Association of Small Business Development Centers & Small Business Adminstration
· SBDCs Help Create and save Jobs. In the recession of 2001, as big business downsized, SBDC in depth counseling for small businesses generated 46,688 new full time jobs and helped save an additional 34,215 jobs
· SBDC counseling clients create more jobs than other businesses. Businesses that received in-depth counseling experienced 10 times the job growth of average business (8.4% compared to 0.85 for U.S businesses in general in 2001)
· SBDCs help small businesses increase sales. In-depth counseling helped small businesses Generate $3.98 billion in additional sales and save an additional $4.3 billion in sales in 2001.
· SBDC clients ' sales grow faster than other businesses sales. Established businesses that received in depth SBDC counseling experienced sales growth of 12.15 in 2001- -compared to 3.1% for business in general.
· SBDC clients created new businesses. 50% of pre-venture SBDC in-depth counseling clients start businesses within one year of receiving assistance. In 2001, SBDC in-depth counseling clients started 12,872 new businesses.
Joi Eubanks is the Program Coordinator For the CCSBDC.