Louisiana Governor John Bel Edwards issued a proclamation that March 22, 2017 was “Small Business Development Center Day” in the state of Louisiana. The proclamation was presented to the Louisiana Small Business Development Center (Louisiana SBDC), in support of the SBDC Day national movement to share the small business success stories and notable impact of SBDCs, at New Orleans Entrepreneurship Week during Cox Business’ “Get Started Louisiana” pitch competition. The Louisiana SBDC is a cooperative effort by the U.S. Small Business Administration (SBA) and Louisiana Economic Development (LED), as well as public and private partners throughout Louisiana, that provides an array of management and technical assistance to business owners and entrepreneurs to strengthen business performance and sustainability.
In 2016, the Louisiana SBDC through its partnership with the SBA, LED, and its host universities, consulted over 3,400 entrepreneurs which accounted for 180 business starts, 916 jobs created, $35.2 million in new sales, and $74.4 million in capital investments. “According to the U.S. Small Business Administration, 28 million small businesses in America account for 54 percent of all U.S. sales and since 1990, as big businesses eliminated 4 million jobs, small businesses added 8 million new jobs to the American economy,” Governor Edwards stated in the proclamation. With nearly 1,000 locations across the country, SBDCs provide local businesses and entrepreneurs with the resources needed to succeed. In 2016, America’s SBDCs provided 1.3 million hours of consulting to 192,205 client businesses, resulting in 100,233 jobs created; $6.9 billion in sales growth; $4.6 billion in capital investments; and 17,864 new businesses started. Louisiana SBDC State Director Rande Kessler thanked Governor Edwards and LED Secretary Don Pierson for their strong support of the SBDC and Louisiana’s small businesses.
“It’s always great when Louisiana can be a part of a national conversation like this and even greater when our entire state is supporting the celebration,” Kessler said. “By celebrating small businesses and supporting SBDCs on SBDC Day and year-round, everyone can play a part in strengthening our state and nation’s economy and enjoy the benefits of its success.”