

Published on: 03/26/2025
This news was posted by EcoGrove Organics
Description

ASU SBDC Staff: Back (L-R) Mi Ha Vu (grad student), Anjelina Humphreys (grad student), Annie Jones, Dave Erickson; Front (L-R) Inglai Hangaripaii (grad student), Katelyn Polk, Elisabeth Dantzler, Dezaray Johnson
The award is part of the SBA’s annual National Small Business Week awards program and it recognizes SBA-funded training and assistance partners for their impact on local economic growth, job creation and entrepreneurial support. The ASU SBDC is the first Texas entity to earn an award in this category, and it was honored for achieving excellence in multiple areas, including:
- Exceeding annual small business services and economic goals for 2024:
- Total Clients Counseled – 164% of goal
- Business Start-Ups & Expansions – 152%
- Jobs Created & Retained – 140%
- Capital Infusion Total – 150%
- Training Attendees – 193%
- Number of Training Events – 141%
- Individual excellence of staff providing counseling and training services to small businesses
- Success of small businesses through SBDC counseling and training
- Cooperative programs with the SBA District Office in San Antonio
- Membership in the local Business Resource Center Economic Development Partnership
- Creating and implementing the San Angelo Business Plan Competition and ASU BizPitch student entrepreneurship contest
- Active engagement in ASU’s Norris-Vincent College of Business

For FY2024, the ASU SBDC supported 76 small business start-ups and expansions through confidential advising services, while also hosting 113 training events and seminars, supporting the business education of over 1,900 attendees. This resulted in the creation and retention of over 390 jobs, as well as the capital infusion of over $6.75 million for the regional economy.

Since it opened in 1990, the ASU SBDC has been a cornerstone of entrepreneurial growth in San Angelo and the Concho Valley. It serves a 10-county region with a five-person staff and three ASU graduate students, providing expert business advising and training to support start-ups and existing businesses in planning, financing, marketing and management. Located downtown in the Business Resource Center, it is also affiliated with the Texas South-West SBDC Network, which amplifies its capacity to deliver high-quality technical business services.
Additionally, ASU graduate business students annually gain valuable hands-on experience interning at the SBDC, and students in all academic majors are invited to compete in the annual BizPitch entrepreneurship contest that offers substantial prize money for the top performers to fund their business start-ups.
News Source : https://www.angelo.edu/live/news/19593-small-business-development-center-wins-national
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