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As you read this report, the SBTDC has been serving small and medium-sized businesses across North Carolina for over 22 years.

Through the years, the SBTDC has periodically adjusted its strategic focus, programs, and services to remain responsive to changes in our economy and to the needs of North Carolina’s businesses. The one constant, however, has been our deep commitment to providing clients with the high quality business counseling and management education services needed to help those clients succeed.

Our performance over the past year is reflective of this commitment.

Some highlights include:

  • Over 13,000 North Carolinians received business counseling and management education services.
  • Nearly 70,000 individuals visited our website.
  • SBTDC clients attracted $170 million in debt, equity, and other financial support.
  • Clients secured $1.1 billion in government contracts.
  • Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) awards equated to $41.4 million for 2005. This is a 32% increase over the total for 2004. Phase 2 SBIR's increased 56%.
  • A very successful pilot project to provide significantly enhanced services in five low-wealth counties has led to a formal SBTDC strategy for expanded services in targeted low-wealth counties across the state.

All in all, it was a good year. The experienced and committed staff of the SBTDC looks forward to continued service to North Carolina’s businesses and to their success in continued growth and job creation.


—Scott R. Daugherty, Executive Director

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