Oregon Small Business Development Center Network – Success Stories

The Oregon Small Business Development Center Network is a network of business assistance centers in Oregon. It provides services to entrepreneurs and small businesses, including access to capital, market research, and business planning.

The small business design center is a network of Oregon Small Business Development Centers that provide services to small businesses.

Palo Alto Software is a major supporter of SBDCs throughout the country. The SBDC network is committed to assisting small business owners and entrepreneurs throughout the nation in realizing their dreams of establishing, owning, and developing their company. Something to which we are also fully devoted. The SBDC is a vital resource for any entrepreneur, providing assistance, guidance, tools, courses, and dedicated counselors and staff who are all committed to helping you establish or develop your company.

I just reached out to Mark Gregory, the Oregon Small Business Development Center Network’s new Associate State Director, to see if he’d be able to share some of the OSBDCN’s success stories and information on the excellent job the OSBDCN is doing in Oregon:

The Oregon Small Business Development Center Network (OSBDCN) has offered one-on-one counseling to approximately 135,000 existing and potential companies since its establishment in 1983. Over 500,000 people have participated in OSBDCN training events. Professional licensed business counselors offer counseling to company owners at no expense to them.

Small business formation births had a greater effect on gross state product (GSP), state personal income (SPI), and total state employment than any other factor studied, according to a report released in 2007 by the US Small Business Administration Office of Advocacy. The main result indicates that when the net small business establishment birth rate is positive, economic development will be quicker. They find that governmental initiatives to encourage small company creation are more effective than almost any other policy choice in terms of creating economic growth.

In 2008, the OSBDCN provided counseling to 5,782 individuals throughout the state. Pre-venture entrepreneurs made up 44% of these customers, who were working on their company ideas and raising start-up funding. Sixty-six percent (3,238) started their companies, with the majority (2,240) employing 0 to five people. There were 458 companies with 5-50 workers and 14 firms with 50-500 employees among the remaining customers. OSBDCN customers received $48,156,140 in loan and equity financing in 2008, launching 372 new companies and increasing revenues by $44,280,331.

Consistent, high-quality therapy throughout our Network is critical to our clients’ success. Palo Alto Software has kindly donated software and training to both the Oregon Small Business Development Center Network and our national Association of Small Business Development Centers. These high-quality instruments are crucial in helping our customer success. In order to express our gratitude, we’ve created a film that will be updated monthly to demonstrate how, working together, we can make a difference and achieve small company prosperity.

We’d like to thank Mark Gregory and Mike Lainoff, the new State Director, for allowing us to share these Oregon success stories with you.

The small business resources oregon is a network of centers that provide free, confidential counseling to entrepreneurs.

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