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OBDC Small Business Finance Takes On County Wide Role

OBDC Small Business Finance (OBDC), located at 2101 Webster Street in Oakland, is the new host of Alameda County’s Small Business Development Center (SBDC). (Google Street View)

OBDC Small Business Finance (OBDC), located at 2101 Webster Street in Oakland, is the new host of Alameda County’s Small Business Development Center (SBDC). (Google Street View)

As of January 1st of this year, Oakland-based OBDC Small Business Finance (OBDC) is the new host of Alameda County’s Small Business Development Center (SBDC).

The Northern California SBDC Lead Center has announced its intent to award up to $215,000 in federal funds to OBDC to host the local SBDC office and take over the day-to-day operations of the center.

The Alameda County Small Business Development Center provides free one-on-one consulting and training to more than 2,000 small businesses in the county annually.

The SBDC is a nationwide program funded by the U.S. Small Business Administration and local match funding to help small businesses start and grow in their communities. Alameda County’s SBDC is a top performer in the region with a specialty in helping small businesses access capital.

“Hosting the Alameda County SBDC allows OBDC to broaden the scope and effectiveness of our services to small businesses and expands our presence further into Alameda County,” said Jacob Singer, President and CEO of OBDC. “The SBDC consulting team has an outstanding reputation, and teaming up with them grows our services and our capacity to serve the small business community with far greater breadth and depth.”

According to Alameda County SBDC client surveys, over the last three calendar years, their clients launched 95 new businesses, acquired more than $67 million in loans and equity capital, and increased sales by $20.2 million.

For more information about the Alameda County Small Business Development Center or to apply for services, visit www.acsbdc.org or call (510) 208-0410.

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