Small Business Development Center

LBDC

Small Business Development Center

The Small Business Development Center has been providing development services to existing and prospective small business owners in the economic area known as Region 2000 since 1989. The organization is a 501-c-3, non-profit corporation, which is governed by a volunteer, 16 member Board of Directors.

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Contact

Address 147 Mill Ridge Road Lynchburg, VA 24502
Email bdcdir@lbdc.com
Phone (434) 582-6100
Website http://lbdc.com/

Description

What does the SBDC do for entrepreneurs?

  1. The business incubator, a 42,000 square foot facility, houses start-up and emerging businesses, giving them the opportunity to reach a maturity level, which will help to ensure long-term success for the operation. The incubator offers a full-range of services and a variety of different types and sizes of space.
  2. Provides existing and prospective business owners throughout the Region 2000 area with in-depth counseling and business-related training classes, seminars and workshops.
  3. Provides direct financing to small business owners with a variety of loan programs and gap financing.

All three services of the SBDC are in sync with the needs of the typical entrepreneur. As a result, we often serve as a “one-stop-shop” resource for entrepreneurs who are seeking assistance in the development of their projects.