Your Guiding Light

"With so much uncertainty in 2020 the most valuable resource for timely information & informed guidance was our Alabama SBDC team. We could not have navigated the ongoing grants & loans without them. If you are not using the SBDC you're missing out!" The Collegiate Hotel is a 40-room boutique hotel. The SBDC assisted with the financial packaging to open the business, including business planning, projections, competitive analysis, market study, & global cash flow analysis. This led to startup financing with the SSBCI state guaranty, and a 504 refinance years later. The SBDC also helped with marketing planning, licensing, and general research as the business grew. During Covid-19, the SBDC was a resource & guide to obtain EIDL & PPP funds.

in COVID-19 relief funding secured by Alaskan businesses assisted by the AK SBDC

With many small businesses severely burdened or even shut down because of the COVID-19 pandemic, the Yavapai College Small Business Development Center, part of the Regional Economic Development Center, launched the Small Business Makeover program to address this ongoing need. “We feel very honored and it’s going to help us out a lot,” owner Rob Valenzuela said. “Because of the experience all those folks down at the college center have on all aspects of business, it’ll help us out with marketing, signage and making things run a little more efficiently. We should be good.”

PPP, EIDL, AND OTHER COVID-ASSISTANCE FUNDING OBTAINED BY CLIENTS WITH ASBTDC HELP (303 SEPARATE PROJECTS)

The Vault opened its doors in 1987 as an upscale fashion jewelry store keeping up with the latest fashions in jewelry. Valley Community SBDC assisted us with the PPP programs, EIDL and the California Relief Grant which totaled over $346,000 in funding during the pandemic.