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The Alabama Small Business Development Center network is a statewide, inter-institutional program to enhance economic growth in Alabama by providing management and technical assistance to small businesses. Certified business counselors are available in 12 Small Business Development Centers (SBDC) located at our member university partners across the state.
ASBDC members include SBDCs at Alabama State University, Auburn University, Jacksonville State University, Troy University, University of Alabama, University of Alabama in Huntsville, University of North Alabama, University of South Alabama, and University of West Alabama.
The Alabama SBDC Network specializes in one-on-one business counseling and educational training for small businesses. Programs of assistance are developed in response to small business needs and growth opportunities for expansion of the stateÃ¢â‚¬â„¢s economy. In FY 2010, the Alabama SBDC Network served 3,286 small businesses with one-on-one counseling and provided educational training to 7,670 individuals to enhance their business skills. As a result of technical assistance, 184 new small businesses were started in FY 2010; SBDC counselors helped 128 businesses secure $31.4 million in external financing; 519 new jobs were created; and 695 jobs were retained.
The Alabama Procurement Technical Assistance Center (PTAC) Program operates statewide to provide technical assistance to help small businesses win government contracts. Specialized PTAC counselors assist firms on a one-on-one basis and utilize a unique bid-match database system to help small businesses bid on government contract opportunities. In FY 2010, the Alabama PTAC program helped small businesses win $547 million in prime awards and $22.5 million in subcontract awards.
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