Florida SBDC Network Bolsters State’s Economy

Florida SBDC Network State Office (Pensacola, Fla.) – The Florida Small Business Development Center (SBDC) Network, the state’s principal provider of small business assistance, has released its 2023 Annual Report, which highlights the achievements and impact of the network over the last fiscal year.

With more than 40 locations across the state, the Florida SBDC Network has been the first choice for businesses in critical need of more than just information but meaningful, results-driven professional guidance and expert advice. Their attributed success confirms that Florida SBDC services are cost-effective and deliver a significant return on investment.

The mission of the Florida SBDC Network and SBDCs nationally is to provide the strategies, resources, and expertise to help small businesses grow and succeed. In addition to its core service offering of no-cost consulting, low-cost training, and research, the Florida SBDC Network also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, cybersecurity, disaster planning and recovery, and more.

Over the last year, the network delivered 117,750 consulting hours to 14,758 small businesses, resulting in more than $4.5 billion in sales generated, $445 million in government contracts acquired, $446 million in capital accessed, 23,515 jobs impacted, and 825 new businesses created.

“Our team has done an amazing job, and this report honors their efforts, as well as the inspiring stories of small business heroes in our state,” said Greg Britton, Florida SBDC Network State Director. “We are proud of our impact, and also want to express our gratitude to our partners and stakeholders, without whom our work would not be possible.”

To view the report, please click here.

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