Momentum at the Michigan SBDC continues, both in the impact of our reach and in our program itself. The results from our skilled and dedicated SBDC team are remarkable – counseling 5,780 businesses last year, including 2,500 startup stage entities, assisting with over $190 million of capital formation, and helping with the full launch of 415 new businesses. The Michigan SBDC is also poised to serve small business well into the future with a small business cyber security program, an economic inclusion program, and a “2030 Initiative” that addresses the swift pace of small business change ahead in our transforming world.
It has been my honor to lead this team through our rapid organizational evolution of the past several years. Now, with goals of that phase accomplished, we have reached the juncture of a planned passing of the baton of leadership. The SBDC is strong, effective, and ready for the next era! With this transition underway, I am excited to return to the private sector to resume my activities in health tech. I look forward to working with many of our partners in other new ways in the ecosystem.
Meanwhile, Ed Garner, our West Michigan Regional Director, has assumed the role of Interim Director during our transition. Associate State Director Jennifer Deamud will continue to serve as prime regional liaison, Matti Sullivan as Financial lead, and the other team members likewise functioning in their same roles. The expectation is that the new State Director will be named by the summer, following the formal search period ahead.
The Michigan SBDC program will continue to be a leader in the nation with the strong GVSU state host arrangement, an excellent team in place, continued outstanding support from our federal SBA and state MEDC partners, regional host partners, and with your continued support and enthusiasm as well. Thanks to all of you for working together to make the SBDC serve the state of Michigan so very well! And thank you, Michigan SBDC team, for the incredible work you do, and all the lives you touch (including mine, when I first crossed paths with the SBDC as a start-up entrepreneur, 20 years ago)!
Michigan Small Business Development Center