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Media Contact:
Dianne Fazio
(850) 898-3486
dfazio@uwf.edu
Press Release
November 12, 2024
For Immediate Release |
Florida SBDC Network Bolsters State’s Economy
Florida SBDC Network State Office (Pensacola, Fla.) – The Florida Small Business Development Center (SBDC) Network, the state’s principal provider of small business assistance, has released its 2024 Annual Report, which highlights the achievements and impact of the network over the last fiscal year. |
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With more than 40 locations across the state, the Florida SBDC Network has been the first choice for businesses in critical need of more than just information but meaningful, results-driven professional guidance and expert advice. Their attributed success confirms that Florida SBDC services are cost-effective and deliver a significant return on investment.
The mission of the Florida SBDC Network and SBDCs nationally is to provide the strategies, resources, and education to help small businesses launch, grow and thrive. In addition to its core service offering of no-cost consulting, low-cost training, and research, the Florida SBDC Network also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, cybersecurity, disaster planning and recovery, and more.
“Our team has done an amazing job and this report honors their efforts, as well as the inspiring stories of small business heroes in our state,” said Greg Britton, Florida SBDC Network State Director. “We are very proud of our impact and remain steadfast in our commitment to fostering the growth and success of our state’s small businesses. I also want to express our gratitude to our partners and stakeholders, without whom our work would not be possible.”
Over the last year, the network delivered 111,720 consulting hours to 14,808 small businesses, resulting in more than $3.9 billion in sales generated, $575 million in government contracts acquired, $346 million in capital accessed, 19,263 jobs impacted, and 1,058 new businesses created.
To view the report, please click here. Learn more about the network’s services and find a Florida SBDC near you at: www.floridasbdc.org.
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About the Florida SBDC Network:
For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy. In 2023, the Florida SBDC Network delivered 111,720 hours of consulting to 14,808 small business clients - resulting in business owners securing $346 million in capital, $575 million in government contracting, impacting 19,263 jobs, increasing sales by over $3.9 billion, and creating 1058 businesses. With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org. |
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