Vermont Business Magazine The Vermont Small Business Development Center (VtSBDC) has released its Annual Report reflecting the organization’s impact on Vermont’s small businesses in 2023. VtSBDC offers confidential, no-fee, one-to-one business advising to Vermont’s small businesses at every stage.
Highlights of the annual report for 2023 include:
- 523 clients advised
- 31 new businesses started
- $13.9 million new capital infused
- 311 new jobs and 145 jobs saved
VtSBDC State Director Linda Rossi added, “In 2023, our advisors provided valuable guidance in the areas of access to financing, digital marketing, protection from fraud and scams, using market data to make informed decisions, innovation and commercialization, entrepreneurship education, and much more. During the summer floods, advisors assisted with emergency grant and disaster loan applications, and distributed over 600 VtSBDC Disaster Recovery Guides to affected communities.”
The report also includes VtSBDC’s role from the earliest stages of entrepreneurship education. VtSBDC has collaborated with 82% of public high schools, and 100% of career tech centers. The VtSBDC-led “Creativity and Innovation” course teaches the teachers how to bring entrepreneurship curriculum into classrooms throughout the state.
“We remain committed to serving our clients as they evaluate opportunities and make critical decisions about every stage of their businesses,” Rossi concluded. “We are grateful to our valued partners, advisors, and supporters who come together to help build Vermont’s future.
To read the complete report, visit: https://www.vtsbdc.org/our-2023-annual-report-vtsbdc/
Source: RANDOLPH CENTER, VT (March 4, 2023) – Vermont Small Business Development Center
