America's SBDC Praises President-Elect's SBA Administrator Nomination

BURKE, Va., Dec. 8, 2016 /PRNewswire-USNewswire/ -- America's SBDC, the association representing America's nationwide network of SBDCs, congratulates President-elect Donald J. Trump on his selection of Linda McMahon, former CEO of World Wrestling Entertainment (WWE), as Administrator of the U.S. Small Business Administration (SBA).

As the largest business assistance program of the SBA representing nearly 1,000 centers nationwide, America's SBDC looks forward to working with McMahon to expand opportunities for the country's small businesses, which comprise 99.7 percent of all businesses in the country.

"America's SBDC congratulates President-elect Donald Trump on his nomination of Linda McMahon for SBA Administrator," said Charles "Tee" Rowe, President and CEO of America's SBDC. "Not only does his choice of Linda McMahon show an understanding of the need for an entrepreneurial advocate, the early timing of the pick shows a real understanding of the importance of small business. We've never seen an Administrator pick this early, it's usually an afterthought rather than a priority."

"America's SBDC is excited by President-elect Trump's selection of Linda McMahon to be SBA Administrator," said Michael Myhre, Chairman of the America's SBDC Board of Directors and President and CEO of the Florida SBDC Network. "Mrs. McMahon brings experience and empathy to her role of the challenges and needs America's businesses face and the critical role SBDCs play in their growth and success."

Founded in 1980, America's SBDC is a nonpartisan partnership program uniting universities, colleges, and economic development organizations. Funded in part by the U.S. Congress through a partnership with the SBA, SBDCs serve emerging and aspiring entrepreneurs and small businesses through no-cost consulting, training, and resources. 

In 2015, America's SBDCs provided 1.3 million hours of consulting to 196,330 client businesses, resulting in 98,660 jobs created; $7.1 billion in sales growth; $4.85 billion in capital investments; and 17,207 new businesses started.

About America's SBDC and Small Business Development Centers: America's SBDC represents the Nation's 63 Small Business Development Centers, a national network of partnerships uniting higher education, state and local nonprofit economic development organizations, private enterprise and government. It is the Small Business Administration's largest partnership program, providing management and technical assistance to help Americans start, run and grow their own businesses. Learn more at www.AmericasSBDC.org

Media Contact: 
April Youngblut
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SOURCE America's SBDC

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http://www.AmericasSBDC.org