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SBDC launches new programs vital to small business growth

After more than 20 years of service in the San Diego and Imperial region, as well as 30 years nationally, the San Diego and Imperial Small Business Development Center (SBDC) Regional Network continues to deliver and expand the level resources that support the growth and success of entrepreneurship.

Most recently, new local programs and partnerships have emerged and are gaining attention including the Microenterprise Family Childcare Program (MFCP), Connect Springboard-SBDC, Veteran’s NewVenture FastTrac SBDC training, Fast-Grow City of San Diego CDBG project, Capital Access Team, Youth Entrepreneurship Program (YEP), San Diego State University-SBDC Consulting program, new outreach centers, and expanded consulting resources in the areas of technology commercialization and international trade.

“We’ve had an extremely busy twenty-four months delivering these new resources and our SBDC directors are a solid team of visionaries that are highly committed to small business success,” said Debbie Trujillo, regional director for the San Diego and Imperial SBDC Regional Network.

Propelling these new programs is supplemental funding resources provided by the U.S. Small Business Administration and local funding provided by the California Community Colleges, cities, counties, bank and corporate sponsors. The kinds of businesses served by the SBDC can range from fledgling start-ups to more advanced-stage business enterprises.

Established businesses benefit from the newly launched Capital Access Team providing outreach and one-on-one assistance to owners seeking financing to expand operations. In addition, the North San Diego SBDC has been highly successful in delivering training and consulting in the area of technology commercialization and in the government contracting process, where stable businesses can benefit from new opportunities. The Network of SBDCs has also partnered with Connect to bolster the successful Springboard program that supports technology companies.

San Diego is home to an impressive military population of active and retired veterans, and the SBDC works closely with organizations to deliver business resources. The North San Diego SBDC has been active in the Boots2Business training offered monthly for more than a year. At the end of August, the SBDC is launching, together with the Kauffman Foundation, the Veteran FastTrac New Venture program. Kaufman is providing 30 scholarships for military personnel to join a 10-week training scheduled to start Aug. 22 at the San Diego SBDC.

Other resources to small business that are expanding include the MFCP program held in partnership with Southwestern College academic program. MFCP prepares aspiring child care entrepreneurs to gain training on how to manage a home-based business and the legal requirements involved in this venture. The SBDC provides the training and consulting and the college covers the academic portion. MFCP has a 90 percent startup business success rate and has created financial sustainability for more than 100 participants from low to moderate income backgrounds.

A Memorandum of Understanding is in the works to strengthen the role that the SBDC plays with the SDSU Student Consulting Program and its work with MBA students. This program integrates SBDC professional consultants with upper division and graduate level business students from the university, as they jointly tackle strategic recommendations to participating business owners interested in expanding market share, reducing costs and growing profits.

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