The FSBDCN is one of eight original SBDC pilot programs. Funded in 1976 by the US Small Business Administration (SBA), the program successfully links the state's education system with community outreach to aid in the development and education of the state's entrepreneurs and small business community.
Starting with only two service centers in the first year of operation, the FSBDCN has grown to a statewide network of 30 plus centers involving universities, community colleges and other economic development partner organizations. Additional outreach is provided at approximately 60 circuit rider locations utilizing resource partners such as chambers of commerce, economic development councils, banks, Disney/SBA National Entrepreneur Center, etc. Today, the FSBDCN is one of 63 SBA-funded SBDC programs, with locations in every state and US territory.
As the largest statewide provider of entrepreneurial services, the FSBDCN plays a vital role in Florida's economic development initiatives as the only organization that:
- maintains a statewide infrastructure;
- assists entrepreneurs in all stages of business, from prospective entrepreneurs to mature small businesses looking for growth opportunities;
- works with firms in all industry sectors;
- utilizes the expertise and resources of the best colleges and universities in Florida;
- has access to the resources of a national network of more than 1,100 Centers; and
- is nationally accredited by Congressional mandate.
In 2007, Florida’s SBDCs helped its clients open 910 businesses; create or retain 7,904 jobs; win contract awards worth $392 million; acquire $158 million in capital for business formation and expansion; and enjoy sales growth worth $129 million.