America’s SBDC Iowa: Who We Are, What We Do

America’s SBDC Iowa has been providing quality business counseling for small business owners and entrepreneurs since 1981. Still, many are unaware of the services we provide, and the benefits that clients experience. If you are unsure about receiving counseling from the Iowa SBDC, read on.

Our Mission

To support the collaborative economic development of Iowa by providing entrepreneurs and businesses with individual consultation and educational resources necessary to assist their businesses to succeed.

Brief history

The history of the SBDC can be traced back as far as the 1940’s, when some of the first University-based extension services were presented in legislation. However, it wasn’t until 1976 that the University Business Development Center, the first incarnation of the SBDC, was established at the California State Polytechnic University in Pomona, CA. By 1979, the network had 16 participants, including universities in Minnesota, Nebraska, and Missouri. Then, in 1980, President Carter signed the SBDC network into law with the Small Business Development Act. The Iowa SBDC was established in 1981, as one of the first 20 centers added to the network.

For more on the history of the SBDC, click here

Overview of services

The Small Business Development Center was created to educate and support small business owners across the country through no-cost counseling. Because of the emphasis on client education, the SBDC program has been the largest and most successful technical assistance program the federal government has provided for small businesses. We provide consulting in the most vital areas of your business, including:

  • Business planning
  • Market research
  • Capital infusion
  • Legal requirements
  • Exit strategies

SBDC counselors bring years of experience in a variety of industries, and many of them have owned small businesses of their own. This helps them see things from the perspective of the business owner. Additionally, they can draw on their personal experience to help business owners and entrepreneurs avoid pitfalls that they may not see coming.

For more on the services provided by the Iowa SBDC, click here

Impact

The Iowa SBDC has consistently provided a significant positive impact on small business since 1981. In 2017, the SBDC impacted Iowa in the following way:

  • 293 New business starts
  • 1,845 Iowa jobs created
  • 4,044 clients counseled
  • $108,668,237 in capital infusion
  • $111,807,427 in increased sales

For more on the impact of the Iowa SBDC, click here

 

Testimonials

Clients have a lot to say about the SBDC. Here are some words of praise from Iowa small business owners just like yourself:

“Having access to the resources to help turn our idea into a business was a vital part that got us where we are today. How much interest the SBDC has in every business just goes to show how much they care and want us to succeed, which means a lot.” – Mikayla Sullivan, Kinosol SBC (Ames)

“We always met wherever and whenever. Communication was always great. They helped me with 3 year projections before I purchased the business. Within a short amount of time, they were able to help me with the foundation of the business. I don’t know if we would even be in business without the help of the SBDC.” – Theo Ramsey, Ramsey’s Market (Lenox)

“The SBDC is a great asset to rural communities that need help to build businesses in their communities.”- Jessica Kannegieter, Mud on Main Coffee Shop, Café & Roastery (Aurelia and Cherokee)

“The SBDC is a great resource to help put together a loan application and financial projections for securing a bank loan. They are there to answer questions and to bounce ideas off of, and are not afraid to ask you (the owner) tough questions to make you think about your business decisions.”- Terry Schnack, C.A.R.S. (West Burlington)

For success stories about the business above, and many, many more, click here

Whether you have a new business idea and don’t know where to start, or are an established business looking to grow, America’s SBDC Iowa has the expertise and resources you need to find success. Contact us today to schedule your first session, and just see how far you can go!

To request counseling from America’s SBDC Iowa, click here