The funding was provided under a key provision of the Small Business Jobs Act of 2010 signed by President Barack Obama last September, which provided $50 million in grants to SBA’s Small Business Development Centers across the country to support job creation and retention within the small business community by providing in-depth business counseling and advice to entrepreneurs and small business owners.
This one-time only grant to the Nevada center is intended to serve new markets and international trade and will allow the NSBDC to:
Expand renewable energy consultations for small business manufacturers, distributors and energy providers engaged in this state targeted industry cluster;
Expand outreach to Hispanic entrepreneurs to promote contracting and exporting through partnership between the local host university and Mexico (Monterrey Technologico University – Chihuahua Campus);
Partner with corporate sponsors to offer training in social media for online marketing, lead generation and e-commerce; and,
Attract new retail clients through business plan competitions where SBDC provides plan development counseling, and commercial real estate and local government partners provide winners with free or low-cost rental space and vacant property improvement.