More than 3,400 entrepreneurs and businesses supported by Minnesota SBDC in 2017
3/21/2018 3:06:46 PM
Shane Delaney, 651-259-7236
ST. PAUL – Gov. Mark Dayton has proclaimed March 21 to be “Small Business Development Centers Day” in Minnesota, recognizing the important role Small Business Development Centers play in supporting the more than 500,000 small businesses in the state.
Minnesota is joining other states in celebrating Small Business Development Centers Day during national SBDC Day, also March 21.
“Small businesses are the backbone of our economy, contributing greatly to Minnesota’s success and providing pathways for prosperity and independence all across our state,” said Commissioner Shawntera Hardy of the Minnesota Department of Employment and Economic Development (DEED). “Minnesota’s SBDC network provided 35,000 hours of consulting work to more than 3,400 Minnesota businesses and entrepreneurs last year.”
Minnesota SBDC client businesses created 215 new small business, accessed $125 million in new capital investments, created or saved more than 4,600 jobs, and grew revenues by more than $72 million in 2017.
DEED manages Minnesota’s SBDC network, which includes nine regional centers and 19 satellite offices around the state. Small Business Development Centers offer free one-on-one consultation in such areas as access to capital, accounting, business planning, start-up assistance, and marketing.
The location of Minnesota’s Small Business Development Centers and details about programs and services are available on the DEED website. Read more about national SBDC Day activities at America’s SBDC.
DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and its services, visit the DEED website or follow DEED on Twitter.
Upon request, this information can be made available in alternate formats for people with disabilities by contacting the DEED Communications Office at 651-259-7161.