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NYBDC Community Partner:
The New York State Small Business Development Center

NYS SBDC

by: Mary Hoffman

The Small Business Development Center (SBDC) has been allied with the NYBDC for nearly two decades. The two organizations share a common mission - helping entrepreneurs and small business owners who want to start, grow, or save their businesses.  NYBDC and its lending partners provide the financing and the SBDC provides the technical and management assistance in the form of one-on-one counseling, business training, and topical research.

The SBDC program has been funded jointly by the US Small Business Administration, the State of New York, and institutions of higher education since 1984. SBDC regional and outreach centers are strategically located on college campuses throughout the state. The SBDC works closely with the SBA, banks, NYBDC, economic development entities, and private corporations to find solutions to small business needs. Since 1995, the SBDC has won 20 national, regional and state awards for excellence in small business assistance. 

SBDC Business Advisors have assisted more than 257,000 New York business owners who have invested more than $3.1 billion in public and private funding in their enterprises. Since 1984, SBDC-assisted businesses have created and retained 121,000 jobs.  The SBDC prioritizes services to women, minorities, veterans, manufacturers, and the physically and economically disadvantaged.  The program supports New York State efforts to foster technology and technology-related businesses. 

In 2001, the SBDC founded the World Trade Center Small Business Recovery Loan Fund to assist small businesses in New York City physically or financially impacted by the attacks on September 11th.  NYBDC has served as the operational partner for the fund since its inception.  The effectiveness of the SBDC/NYBDC partnership in delivery of disaster recovery assistance was acknowledged in 2003, when the Recovery Loan Fund received a National Phoenix Award from the US Small Business Administration.

Building upon that long-term association and past successes, the SBDC has become a member of the NYBDC Community Partner Program to facilitate SBDC client access to NYBDC financial services. NYBDC serves as the umbrella financial organization for many SBA-guaranteed lending programs as well as to New York State programs designed to improve capital access for small business in New York State.  

In reflecting upon the recently announced addition of the SBDC as an NYBDC Community Partner, NYBDC CEO Pat MacKrell said, “this is a natural fit between two compatible organizations providing a unique opportunity for New York's small businesses to access the technical and financial assistance necessary to prosper. We look forward to a long and successful partnership.” Jim King, State Director of the SBDC added, “The SBDC is very pleased to be a recognized outreach organization to facilitate access to NYBDC’s varied and progressive capital programs, I share Pat’s enthusiasm for our long-term joint success in helping New York’s business sector remain globally competitive.

Mary Hoffman is the Associate State Director for the New York State Small Business Development Center (NYS SBDC) at the Central Office in Albany. Mary joined the SBDC as head of the program’s research unit in 1978 and became Associate State Director in 2002. She oversees several statewide initiatives including Strategic Planning, Professional Development, Publications, QA/QC, internal communications, and selection of exceptional clients for awards.

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