BLINN’S SUPPORT FOR SMALL BUSINESSES NETTED $3.67 MILLION IN LOANS LAST YEAR

Small Business Development Center helped create new businesses and
local jobs

BRENHAM, TX – Blinn College’s Small
Business Development Center (SBDC) helped local companies secure $3.67 million
in funding during the last fiscal year.

The SBDC assisted 267 small business
clients throughout its service region in Washington, Colorado and Austin
counties, and helped in the creation of 167 new jobs and the launch of more
than a dozen companies.

“We help businesses become
established, grow, survive and succeed by providing professional management
consulting and training, resulting in measurable economic outcomes,” said Blinn
SBDC Director Matthew Wehring. “We significantly reduce the failure rate of
small business in our area and significantly improve their ability to generate
profits.”

The release of the SBDC’s latest
fiscal report coincides with the release of a national report from the U.S.
Small Business Administration (SBA). That report, “The SBDC Program: An
Indespensible Partner in America’s Economic Development,” found that SBDCs
across the nation aid small businesses because of their close associations
with:

  • other SBA resource partners, small
    business assistance programs and service providers.
  • universities and community colleges.
  • private enterprise and local
    nonprofit economic development organizations.

A key finding of the SBA’s report is
that SBDCs help local economies by improving the odds for startup small
businesses.

“SBDCs,” the report says, “are
solely focused on creating and supporting small businesses which in turn pay
taxes, provide employment and diversify the economic base for their states. The
businesses that work with the SBDCs are the job creators and enterprises that have
the potential for survival and growth.”

Last year, more than 557,000
entrepreneurs received business advice and technical assistance through SBDC
programs across the nation. In their 30-year history, SBDCs have assisted
millions of small business owners and entrepreneurs to successfully start and
grow small firms by fostering entrepreneurship and growth through innovation
and efficiency.

For more information about free and
confidential business consulting services from Blinn’s SBDC, call 979-830-4137
or email sbdc@blinn.edu.

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