The Alabama Small Business Development Center Network provides existing and aspiring entrepreneurs with the expert assistance, tools, training, and education they need to succeed. The SBDC brings JOBS to Alabama’s people, stability to our communities, and innovation to our economy.
The Alabama SBDC at the University of Alabama advises and trains entrepreneurs and business people in a wide variety of business topics and provides comprehensive information services and access to experts in many fields. Business advising services are provided at no charge to small business owners. SBDCs develop and maintain partnerships among community organizations and local, state and federal agencies, providing a focal point for a broad network of public and private resources at the community level. SBDC partnership programs and activities serving small businesses have contributed significantly to economic growth in Alabama and across the nation.
Economic Impact – 5 YR
The Alabama SBDC Network continues to make a positive economic impact in Alabama.
The numbers below represent real-world impacts, attributed in writing by small business owners, to the ASBDC.
4,519 New Jobs Created Jobs created in Alabama over the last five years thanks to assistance provided by the Alabama SBDC Network
1,115 Business Starts Entrepreneurs turn to the SBDC to help them start their business.
50% minority Owned Intentional reach into underserved communities
38% Rural Statewide coverage, reaching our smallest towns and crossroads
$520 Million Capital Infusion through debt & equity financing, and other structured solutions to help companies scale and grow
Growing Alabama’s Economy, One Small Business at a Time