The ISBDC creates a positive and measurable impact on the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and a comprehensive network of resources.
The ISBDC Network aims to accomplish its mission through a continuous focus on impact, realizing it is not enough to hold training events and meet with clients, but that tangible value needs to be provided to our clients as a result of outcome-focused SBDC engagement. All engagement has a primary focus on the existing entrepreneur or business and on viable new business opportunities with the prompt identification, documentation, and communication of client needs and action plans.
In serving ISBDC clients, our activities involve consistent follow-up and ongoing concern for the future needs and enterprises of existing clients, consistency in product and program offerings and delivery, and connection to internal and external programs, products, resources and partners.
In order to have a prominent and earned reputation as a valuable economic development programs, the ISBDC engages and relies upon advisory boards at the state and regional level, cooperates and remains well-informed on the programs and offerings of State and SBA partners, and maintains a presence before local governments, universities, and other economic development organizations.
Simple and understandable performance measures derived from identifiable goals enable us to communicate and demonstrate our value to clients, stakeholders, government, and the public. These performance measures are not goals to be reached, but are instead indicators of actions calculated to have a positive and measurable impact on Indiana businesses. All engagement from the ISBDC is identifiable by its professional attitude, appearance, and output.
When we act to realize this vision, the ISBDC will become and remain the primary state-wide resource network for business planning and business growth activities; will be acknowledged and respected as a wise investment of money, resources, and time by all those who encounter it; and will serve as a national model to be praised and emulated by other SBDC networks.
SBA Equal Employment and Treatment of Clients Statements
- Partnership program with the U.S. SBA
- Public/private partnership of federal government, state government, universities, and the private sector
- Funding: $1.7 M in federal funds; requires 50/50 match of cash/in-kind. $550,000 state funds
- 1985-First year of operation with four centers
- 1988 -Network expanded to fourteen centers
- 1991-$450,000 in state funding secured
- 2003-Restructure of network, increased number of centers
- State funding increased to $550,000
The ISBDCs are:
- Statewide in coverage with ten centers based in chambers of commerce, economic development organizations, universities and units of government
- Comprehensive in scope of services provided
- Available to all types of small businesses in all stages of development
- Part of a national network of 1,000 centers
A complete history on America’s Small Business Development Centers (ASBDC) can be found at: http://www.asbdc-us.org/About_Us/aboutus_history.html