What is a Small Business Development Center?

A Small Business Development Center (SBDC) is a resource center that provides free or low-cost consulting and training services to help entrepreneurs and small businesses start, grow, and succeed. SBDCs are typically hosted by universities, colleges, or state economic agencies and are funded in part by the U.S. Small Business Administration. They offer assistance with business planning, access to capital, marketing, financial management, and more. SBDC advisors have expertise in various areas of business and can guide business owners through challenges at any stage of their business lifecycle.