Wednesday, Feb. 28, 2024 |
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KAILUA-KONA — Gov. David Ige is honoring small business across Hawaii by proclaiming today, and every March 21 to come, as SBDC Day.
Small Business Development Centers, or SBDCs, throughout the state foster start-ups and small business growth by offering workshops and special events focusing on business development, financial management, marketing and the general minutiae associated with getting a business up and running, and running profitably.
“We work with clients on business plans and on start-ups, helping them with new products and getting financing for their businesses,” said Dennis Boyd, director at West Hawaii SBDC.
Boyd added the SBDC also offers assistance with site acquisition and expansion for established small businesses, which are the lifeblood of Hawaii Island’s economy. He said around 80 percent of companies operating on the Big Island employ fewer than 20 people.
Hawaii SBDC clients created 363 jobs throughout the state in 2017, while generating new sales of over $18 million and access to capital in excess of $29 million — a record impact, according to a press release from Ige’s office.
While small in size, Hawaii Island local businesses are vast both in their impact and the range of products and services they offer.
“The interesting thing about the job is just the breadth of the industries in terms of sophistication and technology,” Boyd said. “It’s really broad.”
West Hawaii SBDC continues to build its reputation and raise its profile to encourage innovation and investment from current and prospective entrepreneurs on Hawaii Island. Boyd said Ige’s declaration of today as SBDC Day will help meaningfully toward that end.
“I guess it’s just recognition for the work we’re doing,” Boyd said. “It’s just a nice pat on the back, and it gives us some visibility, too, in the community.”
Those interested in inquiring about West Hawaii SBDC’s services may do so via the internet at HISBDC.org or by phone at 333-5000.
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