The NH Small Business Development Center (SBDC) is a key player in driving economic growth and sustainability in New Hampshire. Since its establishment in 1984, the organization has provided crucial advising and educational programs to over 39,000 entrepreneurs from 18,000 businesses, positively impacting approximately 200 communities in the state.
One of the most remarkable aspects of NH SBDC's impact is the creation of over 6,600 jobs and the attraction of nearly $300 million in capital by its advised clients. The organization's role in not only fostering entrepreneurship but also in facilitating the growth and success of businesses is evident through these numbers.
The SBDC's holistic approach is evident in the broad spectrum of services it offers, including expertise in financing, operations, sustainability best practices, and product launches. Moreover, the provision of free online courses, resources, and tools demonstrates the commitment to empowering entrepreneurs with knowledge and skills essential for thriving in today's competitive business landscape.
As an outreach program of the University of New Hampshire's Peter T. Paul College of Business and Economics, the NH SBDC benefits from a solid foundation and support from the U.S. Small Business Administration, the State of New Hampshire (DRED), and the private sector. This collaboration enhances its credibility and effectiveness in delivering impactful services to New Hampshire's small business community.
Overall, the NH SBDC stands as a pivotal force in nurturing a vibrant entrepreneurial ecosystem in New Hampshire, and its dedication to the success of businesses is evident in its track record and comprehensive approach to supporting small enterprises.