The Gannon University Small Business Development Center (SBDC) outranks many other SBDCs statewide in three critical areas related to serving clients.
Of the 18 university-based small business development centers in Pennsylvania, Gannon’s ranked fourth in capital formation, tied for second in conferences/seminars offered and fourth in total consulting hours provided. The rankings were included in a semi-annual report, covering Jan 1. to June 30, 2012, for the small business development centers.
“The rankings are a testament to the hard work and dedication of the employees of the Gannon University Small Business Development Center,” said Melanie L. Hatch, Ph.D., dean of Gannon’s College of Engineering and Business. “Gannon University is proud of the services and expertise that the SBDC offers and the important role that the SBDC plays in local and regional economic development efforts.”
More about the Gannon SBDC’s positions in the rankings:
Capital formation – the inability to obtain necessary funding remains a challenge for both start-up companies as well as those looking to expand, according to the semiannual report. Thus, the SBDCs statewide, including Gannon’s, emphasized educating lenders on the needs of small businesses and prospective business owners. The Gannon SBDC helped clients secure $3,477,500 in funding during the time period covered in the report. The funding for the counties served by the Gannon SBDC was as follows: Erie, $2,238,000; Crawford, $506,500; Mercer, $715,000; and Warren, $18,000.
Seminars – during the six months covered by the report, the Gannon SBDC offered more than 30 educational seminars that were attended by more than 1,000 individuals. The seminars focused on, among other areas, preparing a business plan, making financial projections and e-marketing.
Consulting hours offered – the Gannon SBDC provided, at no cost, more than 4,400 hours during the six months covered by the report. Hours provided to clients by county were as follows: Erie, 2,992; Crawford, 969; Mercer, 290; and Warren 214.
The Gannon University Small Business Development Center (SBDC) has offered valuable assistance to entrepreneurs and small business owners since 1981. Gannon’s SBDC is an accredited affiliate of the national network of Small Business Development Centers.
The Gannon SBDC’s team of professional staff and consultants works with clients in Erie, Crawford, Mercer and Warren counties. Many of the SBDC’s services are offered at no charge, allowing its clients to avoid the expense typically associated with hiring a private consultant.
The Gannon University SBDC is located at 120 West 9th St. in Erie. For more information call 814-871-SBDC (7232) or visit its website.