Founded in 1987, the Northwest Texas SBDC Region Network serves as a resource for
95 counties on the South Plains, with sub centers in Amarillo, Lubbock, Stephenville,
Abilene, Odessa and Wichita Falls.
The U.S. Small Business Administration
(SBA) named the Northwest Texas Small Business Development Center (NWTSBDC) as the
SBDC national center of the year during a ceremony in Washington, D.C.
The award is based on the center's success in helping launch new small businesses
and expand existing businesses. The center has helped 5,800 new small businesses creating
about 50,000 new jobs in the region.
"I've always thought we were pretty good, and this award is a credit to everyone who
works here," said Craig Bean, executive director of the NWTSBDC.
"Each one of our counselors has small business experience and that gives us an advantage
in advising our clients."
This is the first time the SBA has given this award. Centers did not submit applications,
rather the SBA reviewed data submitted by each of 63 SBDC offices nationwide and selected
the winner. In 2007, the NWTSBDC counselors helped 411 businesses open, creating 1,653
"The SBA is pleased to honor the Northwest Texas Small Business Development Center
as the Small Business Development Center of the Year," said Anoop Prakash, SBA associate
administrator for entrepreneurial development.
"The center has truly been a leader, advocate and champion of small businesses in
its region, demonstrated by its outstanding performance in contributing to new business
starts and access to capital. Their contributions in educating, training and opening
doors for entrepreneurs have been a catalyst for small business success, which is
the engine that drives our country's economy."
Anyone with a desire to open their own business can access the services of NWTSBDC
counselors, which includes free guidance on everything from finances to marketing.
However, sometimes the best advice counselors offer is not
to open a business.
"We don't always have good news for people. Often they just are not ready to open
a business," Bean said.
"But we don't just say no. We offer advice on what they need to do to get to opening
day. We can suggest financing sources or point them toward training programs, whatever
they need to have a chance at success."
The Lubbock SBDC, hosted by Texas Tech, provides business counseling, technical assistance,
training workshops and business plan development for small businesses in a 15 county
area. Learn more at their Web site
Story produced by the Office of Communications and Marketing
, (806) 742-2136.
More Honors for Texas Tech SBDC
2007 SBA Women in Business Champion
Erika Langill is the owner of Get Ahead Works, a consulting firm offering empowerment, motivation and educational services to
companies and individuals. Erika focuses on empowering individuals through consulting,
training and workshops.
Her active involvement in the Lubbock community and with women entrepreneurs keeps
her in touch with current issues. Erika is an asset to her community and, most importantly,
to women in business.
The U.S. Small Business Administration is the nation’s largest financial backer of small businesses.
America's 25 million small businesses employ more than 50 percent of the private
workforce, generate more than half the nation’s gross domestic product and are the
principal source of new jobs in the U.S. economy.