The West Virginia Small Business Development Center (WV SBDC) recently released its June 2018 “Small Business Snapshot” of activities to support the state’s small businesses. The WV SBDC overview recaps innovations, statistics and success stories from the previous six months.
The June 2018 Snapshot reports that WV SBDC helped the state’s small businesses leverage $117 million in capital, a 38 percent increase over the $84 million reported in the June 2017 Snapshot.
“WV SBDC helps connect business owners with capital resources,” said WV SBDC State Director Erika Bailey. “Over the last five years, our 16 business coaches in all 55 counties have assisted with creating 2,502 jobs, retaining 711 jobs and starting 655 new businesses.”
Business coaches in the WV SBDC statewide network provide expert guidance at every stage of the business cycle, including concept, startup, expansion and succession.
The June 2018 Small Business Snapshot is available on the WV SBDC website at wvsbdc.com/resources.
The WV SBDC has served as the premier resource for small business creation and expansion in West Virginia since 1983. As a key economic driver, the WV SBDC offers a variety of services to entrepreneurs and small businesses to increase their profitability and customer base, enabling continued growth and prosperity for the state’s diversifying economy.
