How SLC is Helping Small Businesses

Good Morning Utah

A new Small Business Development Center is in the works for Salt Lake City. Lara Fritts, the Director from the Department of Economic Development joined GMU to talk about what the center will mean for the community. The project is in partnership with Local First Utah, Salt Lake Chamber, SCORE, the Small Business Administration Utah District, Salt Lake County SBDC, Utah Gay and Lesbian Chamber, and Vest Pocket. The SLC SBDC’s mission will be to help small entrepreneurial businesses in Salt Lake City start, grow and prosper, and to enhance the success of local businesses. 

The proposed SLC SBDC service delivery model uniquely leverages partnerships with experienced professionals and leading business organizations, to enhance small business resource accessibility.
The SLC SBDC will have two principal programs which will serve small and local businesses:
  • Build Your Business: After meeting with our SBDC counselor, the counselor will provide a customized program for each entrepreneur who is starting or growing a business. Based on the entrepreneur’s goals they will take advantage of workshops and individual consultations provided by the SLC SBDC to achieve their near-term business goals, such as writing a business plan, financing a business, developing a cash flow-based plan to grow their business or developing a marketing plan.
  • Meet the Experts: the SLC SBDC will leverage its relationships with CEOs to structure four web-based educational programs each year on topics such as Leadership and Teamwork, Consumer Behavior, Negotiating Your Lease, and others. The Meet the Experts provide the entrepreneurs expertise beyond the counselor to help their business thrive.

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