Business has changed a lot in 35 years, from the introduction of new technologies to the expansion of global trade. Small Business Development Centers (SBDCs) have been there throughout — helping small businesses succeed through every stage, no matter the industry. Small business owners represent the backbone of the American economy and make the American entrepreneurial spirit a reality every day. Alabama is fortunate to have been selected as one of the first states to host the SBDC program after legislation was passed in 1980.
Today, a new business is opened by an SBDC long term client every 33 minutes; a new job is created in the U.S. by an SBDC long term client every 7 minutes; $100,000 in new sales are generated by SBDC long term clients every 4 minutes; and $100,000 in capital is obtained by SBDC long term clients every 15 minutes.
In celebration of the big birthday, SBA created a commemorative medal and certificate which SBA Administrator Ms. Maria Contreras-Sweet presented to a representative from each network at a ceremony on September 11th in San Francisco at the America’s SBDC National Conference.
For more information on America’s SBDC and the 35th Anniversary Celebration click on the ASBDC logo:
The Alabama SBDC Network celebrated its 35th Anniversary at the Barber Vintage Motorsports Museum, in conjunction with its advisory board meeting. Governor Bentley, a strong supporter of Alabama’s small business community, welcomed the group via video to congratulate the Alabama SBDC Network on 35 years of tangible economic impact for the state of Alabama.
Eddie Postell, Manager of the Office of Small Business Advocacy at the Alabama Department of Commerce, presented the Alabama SBDC Network with a commemorative plaque on behalf of Governor Bentley.