Media Contact: 

Dianne Fazio

(850) 898-3486

dfazio@uwf.edu

Press Release

May 7, 2025

For Immediate Release

Florida SBDC Network Announces 2024 Economic Impact:

Billions in Sales, Thousands of Jobs, and Over 1,000 New Businesses

Florida SBDC Network State Office (Pensacola, Fla.) – The Florida Small Business Development Center (SBDC) Network, the state’s principal provider of small business assistance, is proud to share its 2024 economic impact results, highlighting another banner year of empowering entrepreneurs and driving statewide economic growth.

With more than 40 offices statewide, the Florida SBDC Network delivers professional consulting, training, and market research at no cost, helping thousands of small business owners make better business decisions and reach their business goals.

In 2024, the network provided over 107,000 hours of consulting to more than 15,000 clients, helping Florida’s small business community achieve:

$304 million in capital secured

$732 million in government contracts awarded

19,800 jobs impacted

$3.8 billion in increased sales

1,019 new businesses launched

“These numbers represent more than just data - they tell the story of our team and the determination of Florida’s small businesses,” said Greg Britton, state director of the Florida SBDC Network. “They reflect dreams realized, jobs created, and communities strengthened.”

The Florida SBDC Network is proud to be the first choice for small businesses in need of more than just information, but meaningful, results-driven professional guidance and expert advice. Their attributed success confirms that Florida SBDC services are cost-effective and deliver a significant return on investment.

The Florida SBDC Network remains laser-focused on collaborating with our strategic partners to move the needle on the success rate of our small business community, prioritizing our efforts to help small businesses build legacies for Florida’s families for years to come.

For more information about the Florida SBDC Network’s impact in 2024, visit https://floridasbdc.org/results/.

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About the Florida SBDC Network:

For more than 45 years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy. In 2024, the Florida SBDC Network delivered 107,812 hours of consulting to 15,474 small business clients - resulting in business owners securing $304 million in capital, $732 million in government contracts, impacting 19,800 jobs, increasing sales by over $3.8 billion, and creating 1,019 new businesses.

With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.