NJ Small Business Development Centers

The New Jersey Small Business Development Centers (NJSBDC) network helps small businesses expand operations, manage growth or launch new ventures. With offices in every county of the state, NJSBDC consultants help small business owners finance, market and manage their ventures.

SAVE THE DATE:
NJSBDC Small Business Growth Success Awards Luncheon
December 4, 2009
For More Information On this Can't Miss Event
and Great Savings Opportunities
...click here

"Legislative Update"

Small Business Events

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See the full statewide calendar


Consulting

Let us help you with managing, marketing, finding financing and writing your business plan. Special programs for Procurement, International Trade and E-Business.

Learn more or Request Consulting to start working with a NJSBDC consultant.

Testimonials

"As a former small business owner, I understand that it's vital for New Jersey's economy to make sure our workers and small businesses have the skills they need to compete and grow. The NJSBDC is a striking success by educating business owners about the skills and strategies that will elevate the performance of their businesses and in doing so enhance and enrich the communities in which they work.”
Assemblyman Joseph Cryan
(Legislative District 20- part of Union County)

"I believe I speak for many of my colleagues in the Legislature while offering my continued support for the NJSBDC and looking forward to an ongoing partnership to better enable small businesses to grow and prosper.”
Assemblyman Louis D. Greenwald
(Legislative District 6 – part of Camden County)

Read More...

Client Quotes

I have received financing in the amount of $250,000. Because of their help, we were able to move into a larger facility, expand our product lines and hire new employees.
LM, West Berlin.


“ After being downsized by AT&T, SBDC counselors helped me in many ways. Through the SBDC, I gained the knowledge necessary and confidence to start my own business. If the SBDC had not been there, I definitely would not have created my own company. Due to free counseling services of the SBDC and the SEA program I gained the knowledge and confidence to start my own business that has generated over $11,000 of NJ tax revenue that would not have been realized without the SBDC.
JS, Holmdel.


“ I received SBDC assistance to help me start my business in 2006. Since then, I have received financing in the amount of $50,000.00 due to their assistance and this has helped me expand my business with essential working capital.
MC, Clifton. Read more

News

May 2009 NJSBDC Statewide NewsLetter
May 2009 - Statewide Newsletter


State Funding Cuts to NJSBDC Jeopardize Federal Funding Increase, Authorized by Obama Administration, for Assistance to NJ Small Businesses...
...to read the full story click here

"Small-business centers face new fund cut"
The Record and NorthJersey.com, March 5, 2009
By Douglass Crouse...to read the full story click here

Despite strong economic impact and high ROI of taxpayer dollars, NJSBDC faces additional State funding cut: Proposed reduction would diminish small business assistance services, lead to private sector job loss in NJ ...to read the full story click here

12/05/08 Legislative Awards Photos

Smarth, Assemblyman, Hopper

Deborah Smarth, Assemblyman David P. Rible, Brenda Hopper,


Impact

2008 NETWORK-WIDE ECONOMIC IMPACT DELIVERABLES

NJSBDC program services and assistance to aspiring entrepreneurs and established small businesses resulted in:

Financing:

  • A total of $40,001,505 in financing (loans and equity investment)

 Procurement:

  • A total of $60,441,230 (value of procurement contracts facilitated)*

Counseling and Training:

  • 6,011 counseled clients (18,757 hours of counseling)
  • 48 percent (2,877) of all counseled clients are established businesses
  • 879 SBDC counseled clients started a business
  • 15,833 aspiring entrepreneurs & business owners attended training sessions
  • 21,844 individuals and business owners counseled and trained

 Jobs:

  • 1,881 newly created jobs
  • 10,140 retained jobs
  • 12,021 total created & retained jobs

 Client Revenue Sales:

  • SBDC small business clients generated $631 million in sales revenues

Notes:
Procurement Contract value subject to revisions.
**NJSBDC estimates that its clients conservatively generate $45 million in sales tax, business tax, and payroll and income tax revenues to the State Treasury.


Funded in part through a cooperative agreement with the U.S. Small Business Administration. Additional funding is provided through the Rutgers Business School: Graduate Programs-Newark and New Brunswick. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.

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