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Business has changed dramatically over the last 37 years, and the America’s Small Business Development Center (SBDC) Network has been there throughout. Since 1980, American’s SBDCs – the nation’s largest business assistance network – have helped aspiring and emerging small business owners achieve the American dream of entrepreneurship.
With nearly 1,000 locations across the country, SBDCs provide local businesses and entrepreneurs with the resources to succeed. In 2016, SBDCs provided 1.3 million hours of consulting to 192,205 client businesses, resulting in 100,233 jobs created; $6.9 billion in sales growth; $4.6 billion in capital investments; and 17,864 new businesses started.
To celebrate the collective impact and success SBDCs have across the nation and in local communities each year, America’s SBDCs will hold the first SBDC Day on March 22. SBDC Day is a national movement to help share the small business success stories and notable impact SBDCs have fostered in communities nationwide.
“We are thrilled to see the SBDCs around the country working together to celebrate their clients and showcase the work they do for America’s small businesses,” said Charles “Tee” Rowe, America’s SBDC President & CEO. “SBDC clients see an average job growth of 15.5 percent versus the national job growth average of just 1.9 percent. There is no denying the impact the SBDCs have on the success of the small businesses in their communities and their local economies.”
The Massachusetts Small Business Development Center (MSBDC) Network is a partnership of the U.S. Small Business Administration, the Massachusetts Office of Business Development, and host universities led by UMASS Amherst Isenberg School of Management.
In 2016, the MSBDC provided over 19,865 hours of consulting to 2,625 entrepreneurs resulting in the creation and retention of over 3,550 jobs; generating $98.3 million in new sales growth; and $51 million in capital investments.
“We are proud that the Massachusetts SBDC has had a profound impact on small business,” said Georgianna Parkin, MSBDC State Director. “By celebrating small businesses and supporting SBDCs on SMDC Day and year-round, everyone can play a part in strengthening our nation’s economy and celebrating the success of it.”
Social media will play a central role in the promotion and celebration of SBDC Day. Small businesses, partners and advocates are invited to help spread the word about SBDC Day using the hashtag #SBDCDay. On March 22, participants are encouraged to share how their local SBDC has created in a difference in their life and community.