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Written by: Ken Freeman
I can only speak for the Yuba Community College District SBDC, but am sure that the other 22 Community College based SBDC’s have also provided much assistance to Health care firms.
Our Center is currently working with Harmony Health and their Board on starting a Deli and nutrition center for the low income clients and youth in Linda. The SBDC consultant has assisted with holding business training classes and by providing market research and business plan assistance with this center. This includes fund raising and local community projects.
The SBDC has assisted several other medical providers in starting their businesses. This assistance has ranged from general start up planning, to business plan Completion and loan assistance. Business plan assistance was provided to dentists, medical records businesses, Chiropractors and Home health care providers.
This SBDC assisted 469 clients in 2009 and in 2008, California SBDC’s provided (2009 data unavailable), 179,480 clients with SBDC assistance. This led to more than 17,220 hours which resulted in the following economic impact statewide:
- 2626 Jobs Created
- 2419 jobs retained
- 3316 trainings, classes and / or seminars
- 41,487 people attending these trainings
And:
- $17,400,000 in state tax revenues generated
- $66,426,522 in loans received by businesses
- $94,003,746 in equity invested into these businesses
For– for every $1.00 invested in SBDC’s-- $1.32 returned in tax revenues. One job created for every $7,010 invested (lowest of any program)
Data provided by the Center for Economic Development, Chico State Univ.
The SBDC program is a national program covering all states and counties in the U.S. More than 1100 SBDC’s provide business counseling and trainings to existing and start up businesses.
This program is partially funded by the U.S. Small Business Administration. For the past 8+ years, the State Chancellor’s Office through the Economic and Workforce Development Agency has also provided about half of the SBDC’s financial support.
In the 2009-10 year, the SBDC’s funding from the Chancellor’s Office was reduced by 51% and will not be funded beginning July 1, 2010.
This could result in the SBDC program in California being eliminated or severely restricted in their ability to serve the business community.
If this program is of interest to you and has benefited you, we urge you to let your Congressional Delegate know of the benefits and impacts it has had on you. Without local or state funding we will lose SBA funds which means we will lose local SBDC. To learn more about how you can become involved with this effort please feel free to contact myself, Ken Freeman, or our local contact, Dan Ripke.
Dan Ripke, CSU Chico.
dripke@csuchico.edu.
530-898-4598
Ken Freeman, Director
Yuba College SBDC
kfreeman@yccd.edu
530-822-0140.
About the author:
Ken Freeman is the Director of the YCCD Small Business Development Center. He has been the Director since 2004. He owned a business for 26 years during which time he taught Ag and Business at Yuba College for over 20 years part time, consulted for the SBDC for 5 years and outside firms as well.
Before that, he worked for a Fortune 50 Company in the Credit and Finance Dept for 6+ years and covered the Western U.S. or Pacific States. This, combined with teaching and running my his business has helped him bring a balanced approach to the SBDC-- and has allowed him to help many start and stay in their business.
Comments or feedback? Email us at advocate@csrha.org. |
