Los Angeles Small Business Development Center Network
LBCCD operates the seventh largest federally-funded and the largest regionally-funded SBDC in the nation. The Los Angeles SBDC Network received $3.5 million in federal funds in 2009, which were matched, dollar for dollar, with state, community or private funds. As a result, business owners in the Los Angeles region, have access to a professional, business assistance program with over $7 million in funding.
Hosted by leading universities, colleges, and state economic development agencies and funded in part through a partnership with the U.S. Small Business Administration, the SBDCs provide no-cost consulting and low-cost training to more than 1.3 million business owners annually through 950 SBDC service centers nationwide.
The LBCCD is one of 63 SBDC lead centers nationwide. Five others exist in California, which attests to the state’s business vibrancy. Texas has four lead centers and every other state has a lead center, as well as the territories of Guam, Puerto Rico, the U.S. Virgin Islands, the District of Columbia and American Samoa.
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