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Columbia Business Monthly

Celebration Of SBDC Day Set For March 20

Mar 19, 2019 10:38AM

Businesses have always celebrated ribbon cuttings, grand openings, and company anniversaries, and for a third year they'll be able to celebrate the organization which helps them turn their dreams into reality: Small Business Development Centers. America's SBDC Day is set for March 20th, a day that will unite nearly 1,000 SBDCs across the country and the hundreds of thousands of clients they've served in their 38-year history.

A proclamation issued by South Carolina Governor Henry McMaster formally recognized the third Wednesday in March "SBDC Day" in the State of South Carolina.

In 2018, the SC SBDC assisted 5,009 businesses, which accounted for 188 business starts, 996 jobs created/retained, $32.4 million in new sales, and $56 million in capital investments.

“Here in South Carolina, small businesses represent 97 percent of the state’s employers,” said SC SBDC State Director Michele Abraham. “By supporting their formation and growth, the SC SBDC plays a vital role in driving economic recovery and reducing unemployment.”

With nearly 1,000 locations across the country, SBDCs provide local businesses and entrepreneurs with the resources needed to succeed. In 2017, America’s SBDC clients experienced annual sales growth of 18.1 percent, almost 4.5 times more than the national average. SBDC assistance resulted in 93,471 jobs created, $7 billion in sales growth, $5.9 billion in capital investments, and 14,716 new businesses started.

"SBDC clients give their SBDCs 4.5 out of 5 stars and 92 percent of SBDC clients recommend their SBDCs to other small businesses. With nearly 40 years of expertise, proven ROI and stellar client ratings, it’s clear that America’s SBDCs are the nation’s most trusted small business resourc," said Charles "Tee" Rowe, president and CEO of America's SBDC.

Small businesses, partners, and advocates are invited to help spread the word about SBDC Day using the hashtag #SBDCDay. On March 20, participants are encouraged to share how their local SBDC has created a difference in their life and community.

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.

To learn more about SBDC Day, visit www.AmericasSBDC.org/SBDCDay.