News Summary
San Angelo’s Angelo State University Small Business Development Center has been awarded the prestigious 2025 Small Business Development Center Excellence and Innovation Award by the U.S. Small Business Administration. This recognition marks a significant achievement, as ASU SBDC is the first in Texas to receive this honor. With impressive accomplishments in client counseling, job creation, and local economic support, the SBDC has proven to be a pivotal force in enhancing entrepreneurship and community development. The award ceremony will take place on May 5, 2025, in Washington, D.C.
Good News for San Angelo: ASU’s SBDC Recognized with National Award
San Angelo is buzzing with excitement as the Angelo State University Small Business Development Center (SBDC) has just snagged an amazing honor! They’ve been chosen to receive the prestigious 2025 Small Business Development Center Excellence and Innovation Award from the U.S. Small Business Administration (SBA). This isn’t just about a shiny award; it’s a high-five to the fantastic work this center is doing for our community, helping local businesses thrive and bringing economic vigor to our town!
Mark Your Calendars for May 5, 2025
Set your reminders, folks! The award ceremony is happening on May 5, 2025, in the heart of Washington, D.C. What a day this is going to be! It’s all part of the SBA’s annual National Small Business Week awards program, where they shine a spotlight on organizations that are making a positive impact locally. San Angelo is strutting its stuff on a national stage!
A Groundbreaking Achievement
Now, what makes this recognition even sweeter? The ASU SBDC is the *very first* center in Texas to earn this award in its category! How extraordinary is that? The SBDC has been knocking it out of the park, surpassing some incredible milestones that directly contribute to the local economy.
They’ve achieved an impressive 164% of their goal for total clients counseled! This means they’re not just helping a few people here and there; they’re making a real difference in the lives of many. Plus, they’ve supported an astonishing 152% of their target for new business start-ups and expansions—talk about sparking entrepreneurial spirits!
A Job Creator Extraordinaire
The job landscape in our area has brightened considerably thanks to the SBDC’s hard work. They’ve successfully created and retained 390 jobs, eclipsing their target by an impressive 140%. And it doesn’t stop there! The SBDC has infused over $6.75 million into our regional economy, achieving a remarkable 150% of its goal. Just imagine the number of local people whose lives are being positively impacted by this influx of cash!
Learning and Growing Together
Education is the backbone of real success, and the SBDC is on a mission to provide just that for our community. They’ve hosted 113 training events and seminars, attracting over 1,900 attendees. That translates into a whopping 193% of their goal achieved! Furthermore, they’ve gone above and beyond with a total of 141 training events, ensuring our town is brimming with knowledgeable entrepreneurs!
Meet the Team at ASU SBDC
Since kicking off operations in 1990, the ASU SBDC has been serving a wide ten-county region with a passionate team. Their dedicated five-person staff, along with three ASU graduate students, is all about providing expert business advice and training. They dive into crucial areas like planning, financing, marketing, and management. It’s all about setting future business owners up for success!
Located in the bustling Business Resource Center downtown, they are an integral part of the Texas South-West SBDC Network. The engagement of graduate students provides them with valuable practical experience as they intern at the SBDC, seamlessly connecting education with real-world applications!
Exciting Opportunities for Future Entrepreneurs
For anyone dreaming of owning a business, the ASU offers a super thrilling opportunity through its annual BizPitch entrepreneurship contest. Students from all majors get a chance to showcase their business ideas and can compete for significant prize money to help kick-start their entrepreneurial journeys!
A Record of Success
Looking at the numbers for fiscal year 2024, the SBDC has played a crucial role in launching and expanding 76 small businesses. That’s not just a statistic; it’s a testament to dreams realized and livelihoods created. The SBDC isn’t just a center; it’s a thriving hub of innovation and progress.
As we anticipate the award ceremony in 2025, let’s take a moment to celebrate the phenomenal work being done by the Angelo State University Small Business Development Center. Together, we’re paving the way for a brighter economic future for San Angelo, one small business at a time!
Deeper Dive: News & Info About This Topic
- San Angelo Live: Angelo State’s Small Business Center Wins National Award
- Wikipedia: Small Business Administration
- My Fox Zone: Angelo State SBDC National Excellence Award
- Google Search: Small Business Development Centers
- San Angelo Live: San Angelo Woman Wins Governor’s Lifetime Achievement Award
- Encyclopedia Britannica: Small Business
- My Fox Zone: Longhorn Coffee Co Wins Veteran-Owned Small Business Award
- Google News: Small Business Achievement
