America's SBDCs Showcase Clients in the Nation's Capital

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Feb 13, 2019, 10:00 ET

WASHINGTON, Feb. 13, 2019 /PRNewswire/ -- America's Small Business Development Centers (SBDC), SBDC leaders, advisors, clients, partners and stakeholders gathered for the fifth annual 2019 Client Showcase and Reception on Tuesday, February 12th on Capitol Hill. Representative Steve Chabot of Ohio, Ranking Member of the Committee on Small Business, addressed the reception guests. Several of his colleagues also visited the reception in which America's SBDC Network showcased 11 SBDC clients from across the country. The SBDC clients were Butter Cloth (California), Atlantic Models, Inc. (Florida), Nymbl Systems (Kentucky), Jordan Research and Development, LLC (Maryland), Inductive Intelligence LLC (Michigan), DogSpot (New York), Whites Energy Services, LLC (Oklahoma), Extremiti3D (South Carolina), Port City Brewing Company (Virginia), FLEXHIBIT (Washington), and JesterLine (West Virginia).

"America's SBDCs is proud to play a critical role in the health of small businesses. The success of our clients is a sign of the shared hard work of our advisers and our clients. For almost 40 years, small businesses have been going to their local SBDCs, building relationships and getting the training, financing and expertise they need to thrive," said Charles "Tee" Rowe, President & CEO of America's SBDC.

The 62 state and regional Small Business Development Center Networks provide free one-on-one consulting to small businesses through nearly 1,000 locations. Job growth for SBDC clients is nearly 15.3% versus the national average of 1.3% and SBDC client sales growth is nearly 4.3 times greater than sales growth for businesses in general.

According to data provided by the Small Business Administration (SBA), every federal dollar spent on the SBDC network helped small businesses access $47.98 in new capital. In 2017, SBDC clients started a new business every 35.7 minutes, created a new job every 5.6 minutes and generated $100,000 in new sales every 7.5 minutes. America's SBDCs are the nation's proven, cost effective, and accredited infrastructure focused on small businesses.

About America's SBDC Program: America's SBDC (Small Business Development Center) Network is a partnership uniting private enterprise, government, higher education and local nonprofit economic development organizations. 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.

Press Contacts:
April Youngblut, America's SBDC, (703) 764-9850

SOURCE America's SBDC