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State cut to Small Business Development Center funding draws concern from local advisers
Summary
The governor's budget reduces state support for the statewide SBDC program, which SBDC leaders and some lawmakers warned would shrink advising capacity and risk losing business assistance at a time of high demand.
Lawmakers were told by the Small Business Development Center's associate director and agency officials that a proposed reduction in state support for the SBDC would sharply reduce advising capacity at a time when demand is rising.
"We would lose three full-time business advisers — about 30% of our advising capacity," Jason Cannon, associate state director for the SBDC, told the committee. Cannon said the SBDC received nearly $800,000 in federal…
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