The federal government has released $1,809,596 in funding for the Colorado Small Business Development Center (SBDC), restoring support for one of the state’s key entrepreneurship and business assistance networks.
The announcement was welcomed by Colorado Governor Jared Polis and the Colorado Office of Economic Development and International Trade (OEDIT), who emphasized the importance of stable funding for small business support services across the state. Officials noted that the release of funds ends a period of uncertainty for entrepreneurs and local business development programs.
The Colorado SBDC, which has been hosted by OEDIT since 1989, operates as a statewide, nationally accredited network that provides free advising, training, and resource support for small businesses. It serves all 64 counties in Colorado through 14 full-service centers and more than 25 satellite locations, making it a critical resource for both urban and rural communities.
State officials highlighted the center’s role in supporting entrepreneurship, job creation, and access to capital. In 2025 alone, the SBDC network helped businesses secure significant funding, launch new enterprises, and create or retain more than 1,500 jobs. It also provided advisory services to thousands of small business owners and delivered training programs to more than 13,000 entrepreneurs.
The SBDC is funded through a cooperative agreement with the U.S. Small Business Administration and supported by a combination of federal, state, and local partnerships. Officials stressed that this blended funding model is essential for maintaining services that help small businesses adapt to changing economic conditions and grow sustainably.
The latest funding release is expected to ensure continuity in services that support entrepreneurship, economic resilience, and job creation across Colorado’s small business sector.
