Lake County is home to thousands of small businesses who build the community and contribute to the vitality of the local economy. As a commitment to local small businesses and the community, College of Lake County (CLC) proudly hosts one of the nearly 1,000 Small Business Development Centers (SBDCs) across the United States and its territories.
CLC recently celebrated the 8th annual SBDC Day with an intimate gathering of SBDC clients and advisors, representatives from the Illinois SBDC Network and local economic developers. Aligning with the 2024 theme of “Nurturing Dreams and Growing Futures,” Assistant State Director of the Illinois SBDC Network Stephen Coyle, Lake County Board Chair Sandy Hart and CLC President Dr. Lori Suddick provided remarks highlighting the impact SBDCs have on small business owners, budding entrepreneurs and local communities.
"CLC's Small Business Development Center is a valuable asset the college leverages to serve the innovative entrepreneurs and strengthen the business ecosystem network of Lake County,” said Suddick. “In recognition of SBDC Day 2024, we celebrate the diverse entrepreneurs and small businesses of Lake County and CLC's dedicated team of professionals who support them."
To show appreciation for the hard work, innovation and commitment involved in owning a small business, 10 SBDC clients were acknowledged during the celebration:
- Agora Cowork LLC
- Arize Beyond Productions LLC
- Brisa Systems
- Doppler Audio Inc
- Gerdy's Gourmet Popcorn
- No Sugar Momma
- People Architectural Group
- Signs Now
- Three Legged Brewing
- Winnie Industries
These entrepreneurs, and all others across the county, play a critical role in our community and it is an honor to recognize their efforts. The Illinois SBDC at College of Lake County works diligently to nurture current and aspiring business owners, equipping them with tools to seize opportunities, navigate crises, achieve their goals and ensure long-term success.
“My entrepreneurial journey began four years ago. I am skilled in my service areas, but the challenges of running a business are real! That's when I turned to the SBDC for support,” said Sarah Mitial, Founder/CEO of People Architectural Group LLC. “Their guidance has been instrumental in helping me establish and run a successful HR retention firm.”
While small businesses provide such benefit to the community, it is not a simple journey for entrepreneurs to face alone. With all that is involved in starting, maintaining and growing a business, there is a need for steadfast support and SBDCs provide that service.
“Whether it’s by assisting small businesses looking for access to capital, offering advice on regulations, helping them prepare for changes in the economy and technology, or responding promptly in the event of a disaster, SBDCs are an integral part of their communities,” says Coyle. “Our program is for everyone, regardless of background or circumstances. On average in a typical year, SBDCs serve 51% women, 28% minorities, and 6% veterans.”
Mitial added, “Participating in the SBDC's Business Innovative Group (BIG) program, a pilot initiative, has allowed me to connect with fellow business owners and collectively address common business issues.”