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UTSA participates in the launch of the pilot Small Business Development Center program in Dominica

San Antonio, March 31, 2015 – The International Trade Center, an SBDC at The University of Texas at San Antonio (UTSA) Institute for Economic Development, participated in the launch of the pilot Small Business Development Center (SBDC) program in Dominica on March 27th, 2015.

SBDCs, established throughout the US by the federal government in partnership with state governments and universities and colleges, assist entrepreneurs and business owners in establishing and growing their businesses through a free and confidential suite of advising services. Services include, but not limited to, feasibility studies, business strategy, financial planning, marketing, production and professional networking. The Centers support new and existing businesses.

The new SBDC pilot program seeks to help the business community to be more efficient, effective and export ready, and to establish trade linkages with other MSMEs through SBDCGlobal. Minister of Commerce, Enterprise and Small Business Development, Roselyn Paul said that the government of Dominica recognizes the importance of small and micro-enterprises to the social and economic development of the country. “The micro and small business sector has proven itself in terms of its continued contribution to national development but indeed ha further potential to create and expand employment opportunities to development of entrepreneurial skills, enhance market opportunities and encourage export promotion and import substitution”, Paul stated.

Albert Salgado, Director of the South-West Texas Border SBDC Network and UTSA’s representative at the event, discussed the potential impact of the pilot SBDC program in the country and stated, “The end results is what we are chasing: tax revenue for our economy, create jobs, start new businesses, and quite frankly, let’s export our products to the rest of the western hemisphere.”

The International Trade Center at UTSA is one of the largest and most successful trade assistance organizations in Texas. It helps companies become globally competitive through technical trade consulting, customized market research and innovative training programs. The center is a specialty SBDC program in the South-West Texas Border SBDC Network. Follow them on Twitter (@TexasTrade) and like them on Facebook (Facebook.com/texastrade).

For more information on the project, visit http://www.sbdcglobal.com/index.php/us/pending-approval-user/pending-approval-avatars/aboutus/international-sbdc.html.

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