The Small Business Administration (SBA) saw the need to address the high failure rate of new businesses and created the SBDC center concept to provide education and consulting to business owners in Georgia. The small pilot program was housed “almost in a hallway” at the UGA Terry College of Business and was so successful that the concept has since blossomed to over 1,000 Centers in all 50 states.

Over the past 30 years,  SBDC’s have assisted over 1.3 million business owners. Extensive research has shown the effectiveness as businesses assisted by the SBDC Networks experienced nearly nine times the job growth of the average business. Serving as a resource to women, minorities and veterans who own businesses, the SBDC operates as a cost-effective resource that is easily accessible on university campuses across the nation.

To celebrate the 30 years of service to Georgia’s business community, the Kennesaw SBDC will host an Anniversary Lunch to celebrate 30 years of service to Georgia’s business community on Wednesday, June 20, 2007 from 11:30 a.m. – 1:30 p.m. held at the Jolley Lodge on the campus of Kennesaw State University. This luncheon is provided to lenders who operate in partnership to many SBDC clients and is sponsored by Security Bank, Abraxas Business Services and Community West Bank.

For further information about the 30th Anniversary, please call the Kennesaw State SBDC at 770-423-6450.

Kennesaw State University is a comprehensive‚ residential institution with a growing student population approaching 20‚000 from 132 countries. The third-largest university out of 35 institutions in the University System of Georgia‚ Kennesaw State offers more than 60 graduate and undergraduate degrees‚ including a new doctorate in education.