Small Business Development Centers Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about Small Business Development Centers Day (2024) 🗓️ that no one tells you about. Small Business Development Centers Day is celebrated on March 15th.

Among the information you’ll find below: the history of Small Business Development Centers Day, activities to do on and how to observe this holiday, as well as captivating facts you may want to know about Small Business Development Centers Day.

📅 What day is Small Business Development Centers Day 2024?

In 2024, Small Business Development Centers Day is on Wednesday, March 15th. It is the 3rd Wednesday in March; in 2024, it is Friday. There are until the next observance. You also can explore all the cool details and facts about March 15, 2023, that you might not be aware of.

Small Company Development Centers Day is a day dedicated to honoring small business owners and acknowledging their hard work and dedication. It is observed on the third Wednesday of March, which falls on March 15 this year. Over 60 years ago, the federal government recognized the significance of small businesses for the country’s economic prosperity. To support and assist small firms in various aspects of their business, the Small Business Administration (SBA) was established. Small businesses often rely on the services provided by the SBA and the Small Business Development Centers (SBDC) to start, grow, and succeed, as they may not have the resources to afford traditional business consulting.

📜 Small Business Development Centers Day History

S.B.D.C. Day, which began in 2017 and was officially recognized by the House Committee on Small Business in 2018, is a nationwide celebration of the valuable assistance provided by America’s Small Business Development Centers (S.B.D.Cs) in the growth of small businesses. These centers, over 900 of them across the country, offer various services to current and potential entrepreneurs, including financial and marketing help, guidance on international trade, compliance with regulations, and more.

Each state, along with the District of Columbia and its territories, has at least one Small Business Development Center, forming a network that provides support in numerous ways. These centers are established through a partnership between the Small Business Administration (S.B.A.) and local colleges or institutions. Their primary goal is to provide educational resources to business owners and aspiring entrepreneurs, aiming to bolster small businesses and generate employment opportunities. In a complex and ever-changing world, S.B.D.Cs play a vital role in helping companies stay competitive.

It is important to note that S.B.D.Cs are not limited to assisting new small enterprises; they also offer aid to existing small businesses seeking expansion.

✅ Small Business Development Centers Day Facts

🔖 Job creation platforms
Almost half of the private-sector workforce in the United States is employed by small businesses.

🔖 Fastest growing sectors
Small businesses in the auto repair, beauty salon, and dry cleaning industries are experiencing significant growth and expansion.

🔖 Lots of small businesses
The Office of Advocacy at the Small Business Administration (SBA) states that there are 32.5 million small businesses in the United States.

👍 Why Is Small Business Development Centers Day Important

Small-business owners require a great deal of assistance as they navigate the perilous waters of entrepreneurship. On this day, kids learn about the services offered by Small Business Development Centers.

Small enterprises contribute significantly to the economy. This day honors their contribution to that reality.

When a small business thrives, more than just the economy benefits. The company owner and their family prosper because they are properly taken care of.

🙂 How To Observe Small Business Development Centers Day

⚡ Attend an S.B.D.C. event
Come to an event where you can learn about the benefits that S.B.D.C. offers to entrepreneurs. For all the details, simply visit the official website of the association.

⚡ Help the S.B.D.C.
The Small Business Development Center (S.B.D.C.) is seeking individuals with valuable skills and expertise to contribute. By offering your talents, you can help simplify the process for aspiring entrepreneurs to kickstart their businesses.

⚡ Get informed
Explore the additional resources provided by the SBDC to uncover valuable information that could benefit you or someone you know during their entrepreneurial endeavors.

📅 When is Small Business Development Centers Day?

Explore all 🔗 March holidays, including 🔗 Fun and other 🔗 American holidays.

We will continue to update this page with new information and must-know facts about Small Business Development Centers Day. So be sure to check back soon.