Stillman School of Business Becomes Affiliate Office
America's Small Business Development Center (SBDC) New Jersey has come to an agreement with our own Stillman School of Business to house the first private affiliate office in New Jersey for SBDC. The NJSBDC office will provide comprehensive assistance, customized one-on-one counseling, training seminars and enhanced opportunities for students as well as Essex County entrepreneurs and small business owners.
"This new partnership with Seton Hall University is a most welcome addition to our strong network of small business affiliates throughout the state," said Brenda Hopper, NJSBDC network chief executive officer and state director.
"We're excited to be an affiliate office for the NJSBDC program," said Joyce Strawser, Stillman School dean. "We believe that there is much synergy in promoting entrepreneurship and small business ownership. Working with the SBDC program to support entrepreneurs and small business owners in our communities as well as serious-minded, entrepreneurial business students at Seton Hall will be a very productive endeavor."
"Working with Business School Dean Joyce Strawser and a few administrators at Seton Hall to develop support for such a partnership has been a real pleasure. We look forward to working closely with the Business School in making this a strong and growing partnership," said Deborah Smarth NJSBDC network chief operating officer and associate state director. "This formal affiliate partnership strengthens NJSBDC's visibility, and allows us to leverage the resources of Seton Hall University to make available more technical assistance and training opportunities for small business owners on Seton Hall’s campus and in the surrounding communities of Essex County."
In 2016, the NJSBDC network provided one-on-one counseling for more than 4,200 clients; facilitated $88.3 million in financing; and helped clients create and save more than 16,000 jobs in the state. In terms of business start-ups, 567 clients started a new business.
Small business owners and entrepreneurs looking to receive no-cost counseling or are interested in attending upcoming entrepreneurial training sessions on the Seton Hall campus should call (973) 353-5950.
The SBDCNJ network, one of the first pilot projects in the nation, has provided comprehensive services and programs for small business in New Jersey for 39 years. SBDC experts help businesses expand their operations, manage their growth, or start new ventures. Expert staff and practicing business consultants help small business owners and entrepreneurs to develop business plans, find financing, accounting and financial analysis, identify new markets, initiate marketing strategies, find procurement and international trade opportunities, learn green sustainability practices, commercialize technology and develop an E-commerce presence.
This non-profit network, a federal-state-educational partnership, leverages funding from the U.S. Small Business Administration (SBA), the N.J. Business Action Center, the educational institutions that host the 12 centers as well as other private sponsorships and additional private/public grants. The NJSBDC Headquarters, located at the Rutgers Business School in Newark, NJ, oversees the network, which is an accredited member of the national network of America's SBDC. Up to 1,000 centers and satellite offices serve small businesses across the country, generating jobs, new businesses and economic development.