Transcript Small Business Development Center

Small Business
Development Center
“Your source for Business Assistance”
ORIGINS
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Established in 1980 with Federal legislation “The
Small Business Development Center Act”
Responsible for developing programs and
providing services that effectively meet the
economic development goals and initiatives of the
Small Business Administration and local partners
such as the City of Los Angeles
Hosted by Community Colleges, Non-Profits, and
Universities.
VEDC has hosted the NLA SBDC for over 14
years with sustainable growth and performance.
SBDC Structure
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National Program of the SBA
Has a National Association
Technical assistance arm of the SBA
Matching program leveraging federal
funds with local funding sources.
Regional network serves LA, Ventura
and Santa Barbara counties
Regional Network
 Four main SBDC Centers:
 East L.A. – Mt. San Antonio College
 Satellite: Pasadena
 Southeast L.A. – Rio Hondo College
 North L.A. – VEDC
 Satellites: South LA, Glendale/NE LA,
Van Nuys, Downtown and Central LA,
West LA, Ventura, Santa Barbara
 Southwest L.A. – El Camino College
 Each main center has a network of outreach
locations servicing communities directly.
Target Market
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All small businesses regardless of ethnicity,
gender, location, or income level that have
a potential for positive economic impact.
Our focus is on existing businesses with
growth potential.
With marketing to low to moderate census
areas and identified empowerment zones.
Core Services
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One on One Consulting
Training
Information & Referral Services
Specialized Services
Access to Capital, Consulting
and Loan Packaging
2004 Regional Results
 Total Clients Served
16,033
 Jobs Created
580
 Jobs Saved
398
 Sales Increase (of)
 Access to Capital
$7,088,497
$16,314,622
2005 Regional Goals
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Total Clients to be Served
18,000
Jobs to created
800
Jobs to be Saved
500
Sales Increase (of) $10,000,000
Access to Capital $20,000,000