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  • Florida SBDC Network Encourages Small Business Support Amid COVID-19

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    May 21, 2020
     
    Media Contact:
     
    News Release
    May 21, 2020
    For Immediate Release
     
    Florida SBDC Network Encourages Small 
    Business Support Amid COVID-19
    Video challenge offers opportunity to support favorite businesses from home
     
    Florida SBDC Network Headquarters (Pensacola, Fla.) – The Florida SBDC Network, the state’s principal provider of small business assistance, encourages consumers to support small businesses in their communities during the coronavirus pandemic.
     
    Small businesses are critical to our economy. They create two-thirds of net new jobs and drive economic innovation and competitiveness. According to the SBA Office of Advocacy, small businesses comprise nearly half (44 percent) of economic activity. 
     
    Yet, measures to slow the spread of the coronavirus have negatively impacted small businesses in Florida and across the country. According to a recent study by Thryv and America’s SBDC, 42 percent of businesses indicated they could only survive one to two more months if not allowed to re-open in early May.
     
    The Florida SBDC Network encourages consumers to support small businesses in their communities and is pleased to announce a social media campaign as a way consumers can support businesses from the safety of their homes.
     
    As part of the campaign, the network will launch a six-part video series beginning Sunday, May 24. Each day, the network will share a challenge to encourage consumers to support local businesses. Examples of the challenges include tagging small businesses on social media, purchasing gift
    cards, writing online reviews, and sending caring messages to small business owners.
     
    “Small businesses are vital to our communities and economy,” said Michael W. Myhre, CEO of the Florida SBDC Network. “During these unprecedented times, we wanted to provide an easy way for consumers to make a difference by supporting their favorite small businesses.” 
     
    To access the videos, visit www.floridasbdc.org/disaster/5-day-challenge. They will also be available daily, from May 25 - 29, on the Florida SBDC Network’s social media channels.
     
    The Florida SBDC Network is a public-private partnership that leverages the resources of higher education and economic development to serve the needs of aspiring and existing small businesses. The mission of the Florida SBDC Network and SBDCs nationally is to provide the resources and expertise for small businesses to grow and succeed.
     
    As part of its service offering, Florida SBDC professionally certified consultants and disaster specialists are also available to provide confidential, no-cost consulting and direction to help businesses impacted by COVID-19 assess their options, receive assistance in preparing loan applications, and navigate other post-disaster challenges. 
     
    The Florida SBDC Network recently developed a guide and other resources to help small businesses understand available federal disaster loans and provide tips for impacted businesses.
     
    To access the guide, and for more information on resources available to small businesses impacted by COVID-19, please visit www.FloridaSBDC.org.
     
    About the Florida SBDC Network:
    Since 1976, the Florida SBDC Network, the state’s statutorily designated principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide small businesses the intellectual capital and business experience that enables overall business growth, increased profitability, and economic prosperity. In 2018, Florida SBDCs provided 112,164 hours of professional business consulting to 11,529 client businesses, resulting in 38,403 jobs impacted; $4.4 billion in sales generated; $520 million in government contracts acquired; $202.5 million in capital accessed; and 665 new businesses started. With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and prestigious recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.
     
    Contact:
    Kelly Massey, Executive Director
    (850) 474-2528