SBA Officials Recognize Pennsylvania’s 2022 SBDC Excellence & Innovation Award Winner

Eastern Pennsylvania District Office

 

u s small business administration

SBA Officials Recognize Pennsylvania’s 2022 Small Business Development Center Excellence and Innovation Award Winner 

2022 National Small Business Week Winner, NSBW

Lehigh University SBDC recognized May 4

The U.S. Small Business Administration announces Lehigh University Small Business Development Center is the recipient of its 2022 Pennsylvania Small Business Development Center Excellence and Innovation Award. Media are invited to attend.

WHEN:   May 4 at 1:00 p.m.

WHERE: 416 E. 5th St., Bethlehem

Lehigh University Small Business Development Center (SBDC) serves the greater Lehigh Valley and was one of the original centers launched over 40 years ago to serve small business clients in Pennsylvania. The program has grown under current director Brett D. Smith’s leadership and expanded its outreach to underserved communities and expanded its services in government procurement and international trade. The SBDC’s strengths include helping clients access capital as well as its bilingual export and procurement specialists.

“It’s wonderful to have the privilege to recognize the achievements of our resource partners such as Lehigh University SBDC and leaders like Brett,” said Steve Dixel, SBA Eastern Pennsylvania Director. “Under Brett’s leadership, the SBDC has taken on innovative funding and outreach in their service territory for micro lending. Lehigh SBDC works closely with Pennsylvania’s Partnerships for Regional Economic Performance (PREP), Community Development Financial Institutions (CDFIs) and SBA lenders to ensure that small business community capital needs are met.”

“Lehigh SBDC provides consulting to businesses that want to start, grow, and prosper.  Because of their excellent reputation, the knowledge of their consultants, and their connections to the banking community, they assist with business plan narratives and projections and help clients find financing for their businesses.  Along with the one-on-one counseling, they provide numerous webinars and training on many small business topics,” said Dr. Ernie Post, Director, Pennsylvania Small Business Development Center (PA SBDC) Network. “Lehigh SBDC is truly an example of how all SBDC centers should be run.”

“We are honored to be presented with the SBA’s 2022 Pennsylvania Center of Excellence and Innovation award, and so proud to serve the small businesses in Upper Bucks, Lehigh, northern Montgomery, and Northampton counties,” said Lehigh University SBDC Director Brett D. Smith.  “Our team is dedicated to helping small businesses succeed across the region. Last year alone, the SBDC served more than 900 individuals, resulting in 56 new business starts and a record $26.7 million in capital formation for start-up and existing businesses. We thank the SBA, our host Lehigh University, and Pennsylvania Department of Community and Economic Development (PA DCED) for their support and collaboration. It’s a privilege to be part of the Pennsylvania SBDC Network.”

The Pennsylvania Small Business Development Centers (SBDC) are the only statewide, nationally accredited program that provides high quality one-on-one consulting, training, and information resources to empower new and existing businesses. The SBDC program is a public/private partnership with the U.S. Small Business Administration, the Pennsylvania Department of Community and Economic Development and 16 universities and colleges across the Commonwealth.

SBA’s Pennsylvania Small Business Development Center Excellence and Innovation Award Winner is selected annually from among the Pennsylvania Small Business Development Center Network.

National Small Business Week recognizes the small business community’s contribution to the American economy. Learn more about National Small Business Week at https://www.sba.gov/national-small-business-week.

 

For interviews with Lehigh University SBDC or additional information, contact Sonia Smith at sonia.smith@sba.gov