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Utah Small Business Development Centers Create and Retain Over 1,469 Utah Jobs

Release Date: 
Friday, October 26, 2012
Release Number: 
13-1
Advisory Date: 
Wednesday, November 14, 2012

 

SBDC Grassroots Services Assist over 2,669* Entrepreneurs FY 2012

 

SALT LAKE  –The Utah Small Business Development Center network (SBDC) consulted with 2,669* entrepreneurs in FY 2012, resulting in more than $41 million* in loans and private equity being injected into Utah’s economy.  In FY 2012, the network helped create or retain 1,469* Utah jobs. 

 

“These have been challenging economic times, and the SBDC has been a strategic partner helping small companies rebound,” said Stan Nakano, SBA Utah District Director.  “The network is committed to providing grassroots counseling and training services so that Utah small businesses earn a profit and hire more workers.”

 

Last year, the SBDC was awarded a grant of $365,000 from the Small Business Jobs Act Bill.  The network continues to utilize these funds to provide training and individual consulting for Utah businesses.  The grant funds resulted in the SBDC being able to offer additional services at no or low cost. 

 

Sherm Wilkinson, SBDC State Director says, “The SBDC advisors are excellent at determining what small businesses need and providing those services as the business grows.”

 

The SBDC collaborates with Salt Lake Community College in the Goldman Sachs 10,000 Small Businesses program in offering small business owners access to business and management education, business support services and access to capital.  The Goldman Sachs 10,000 Small Businesses targets existing companies who desire to expand their businesses.  The SBDC network also works with the Utah Governor’s Office of Economic Development in providing information to companies to prepare them to export their products to foreign countries.  Several information sessions have been held in urban and rural Utah to bring export professionals together with businesses who are considering exporting.     

 

The Utah SBDC has eleven locations throughout the state that assist current and prospective small business owners. The local centers offer a wide range of information designed to meet the needs of small businesses, including individual consulting, technical assistance, and training in areas related to business start-up, operations, and management. 

 

The SBDC is funded in part through a cooperative agreement with the U.S. Small Business Administration.  Additional support is provided by the Utah Governor’s Office of Economic Development. 

 

To find the SBDC office near you, please visit the Utah Small Business Development Center website http://www.utahsbdc.org/ or call the Utah Small Business Development Center Network at 801-957-5223.  Email us at: utsbdc@slcc.edu

Related State: 
Utah