FAQ

The Michigan Small Business Development Center (SBDC) is a statewide network of 11 regional offices providing assistance to emerging, growing, and technology-based companies throughout the state of Michigan. We provide guidance, coaching, and support to new and developing ventures with our diverse range of services. We can help your business with our counseling, business education, information-based training, and commercialization-assistance services. Click here to view a more comprehensive list of our service categories.

Who does the SBDC serve?

We serve business with fewer than 500 employees, including those categorized as new ventures, growing companies, and advanced technology companies.

What SBDC services are available to growing companies?

Our Business Growth Specialties will sit down with you one-on-one to assist with:

  • Strategic-needs assessment
  • Information-based planning
  • Market strategy
  • Export milestone mapping
  • Financial analysis
  • Loan packages

What SBDC services are available to new ventures?

Our experience business consultants will sit down with you one-on-one to assist with:

  • Business plan development
  • Loan packages
  • Financial analysis
  • Sales strategy
  • Business education & training
  • Marketing

What types of business education/training does the SBDC offer?

Training is available through the SBDC Entrepreneurial Series where you will learn the fundamentals of:

  • Starting a business
  • Business legal issues
  • Writing a business plan
  • Financial management
  • Marketing your business

Other advanced training programs and workshops are offered throughout the Michigan.

What is Information-Based Planning?

As part of the SBDC network, and in conjunction with Grand Valley State University, the Michigan SBDC collects and analyzes valuable data for new and existing companies, helping them gain competitive edges. Such data includes:

  • Market size evaluation
  • Competition analysis
  • Industry data and trends
  • Search Engine Optimization (SEO) reports

What do the services of the SBDC cost?

Our services are available at little to no-cost. Our one-on-one counseling services, which enable business owners and entrepreneurs to improve and expand their companies, are provided at no-cost. Business education, training, and research (information-based initiatives) are available at little to no-cost.