NEWS - Work Force & Career Development
Small businesses in Georgia will soon have greater access to critical resources to help them start or grow their businesses and create jobs, thanks to a $1.3 million SBA grant to the University of Georgia Small Business Development Center (SBDC).
The funding was provided under a key provision of the Small Business Jobs Act of 2010 signed by the President last September, which provided $50 million in grants to SBA’s Small Business Development Centers (SBDC) across the country to support job creation and retention within the small business community by providing in-depth business counseling and advice to entrepreneurs and small business owners.
The Jobs Act grants are a one-time funding intended to meet the critical need for business expansion and job creation, and are not intended to replace the core funding or the matching funds that the SBDCs require to sustain the program annually.
This one-time only grant to the Georgia SBDC, headquarters in Athens, allows it to enhance its current capability in collaboration with a variety of public and private sector partners.
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