ASBTDC Sets Capital Funding Record

January 28th, 2016 by Gwen Green

The Arkansas Small Business and Technology Development Center helped clients obtain an all-time record $65.3 million in capital funding for their businesses in 2015.

The $65,361,455 figure includes loans and other funding obtained by current and prospective small business owners with assistance from ASBTDC.

Through our seven locations across the state, ASBTDC works with Arkansans who need money to start or expand a business, helping them prepare business plans, market research and financial data to present to lenders and investors.

In addition, ASBTDC services contributed to the creation of 583 jobs, and 117 new businesses assisted by ASBTDC opened in 2015. Consultants provided 12,146 hours of one-to-one confidential guidance to Arkansas entrepreneurs last year.

The previous record for capital was $65.1 million in 2013.

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