small business support







Small Businesses Pre-Pay for these Services through their Taxes

June 9, 2016 (Newark, NJ) – The New Jersey Small Business Development Centers network, also known as America’s SBDC New Jersey, has provided its annual accountability impact report to state legislators. Last year, the State Legislature increased the allocation amount for small business assistance through the state’s Small Business Development Centers program. However, the Governor’s proposed budget for FY 2016-2017 reduced that allocation.


“The network’s impact on small business development and growth is strong over the years,” said Brenda Hopper, NJSBDC chief executive officer and state director. “We need to ensure that the state’s investment remains stable in relation to the increase enacted in last year’s state budget. Small businesses need as much support as possible given the nature of the economy at this point in time.”


The NJSBDC network states that it is not asking for an inflated state budget funded through more tax dollars, but rather, reallocation of existing budgetary funds for this high-yield purpose.


The statewide 12-center network is part of a national network –America’s SBDC  – which brings back federal funding to New Jersey for small business support provided that each dollar is matched with other non-federal sources of funding. The state investment is a part of that match with other leveraged private and non-federal grants, private sector sponsorships and other financial support. Without the proper match, New Jersey could lose its fair share of federal funding and leftover funds could revert back to other states’ SBDC networks as a result. “New Jersey should get back its fair share of tax revenues it sends to the federal government,” the network stated.


Several years ago the Legislature worked with the NJSBDC network on behalf of small business owners and entrepreneurs to increase state funding from half a million dollars to $1 million. Following that increase, during the Corzine administration, the funding for this program was reduced to $250,000 and that level was sustained during the Christie administration until June 2015 when a state budget was enacted with a $500,000 allocation due to legislative efforts.


In 2015, the NJSBDC network helped its clients create and save 16,606 jobs and 554 SBDC clients started new businesses. “With our network’s assistance and customized one-on-one counseling, small businesses succeed,” said Deborah Smarth, NJSBDC network chief operating officer and associate state director. “We will continue to educate and promote proper investment in this jobs producing program by the state of New Jersey since our state’s investment lags behind investments made by other states in their SBDCs. Small businesses already pre-paid for these services through their tax payments. They deserve comprehensive support in return.”


In the 2015 non-partisan Small Business and Entrepreneurship Council’s study, New Jersey ranks 49th in small business and entrepreneurial friendly policies.  States with similar population levels as New Jersey like Georgia and North Carolina invest $3 million and $2 million, respectively, in their statewide SBDCs.


“Some economists are warning of difficult economic times ahead and a possible recurring recession. Small businesses need as much technical assistance and support as they can possibly obtain,” said Smarth. “We provide pro bono counseling and affordable training to empower small businesses and entrepreneurs to develop and sustain their operations in an efficient and effective way. This program helps create and save jobs. The Legislature’s restored increase for SBDC last year should be sustained in this year’s budget.”


A recent, past study by the Government Accountability Office (GAO) of 52 economic development/ entrepreneurial programs lauded the national SBDC program (America’s SBDC) due to its high standards of applying metrics, programmatic and financial reviews, national accreditation and economic impact through job generation and small business retention and expansion.


“We’ve been serving small business owners for 37 years,” said Brenda Hopper. “Our experts come from the private sector and have been small business owners. We share a wealth of information and provide the necessary guidance to help small businesses advance their productivity, products, services, etc.”


Last year, the program provided one-on-one personalized management consulting for more than 4,100 small business owners and entrepreneurs, delivering almost 17,000 total counseling hours; and more than 6,500 trainees gleaned knowledge to apply to their businesses by participating in 508 diverse training seminars held across the state. In addition, almost $74 million in financing and $15.8 million in procurement contracts was facilitated for the SBDC network’s clients. Client sales revenues conservatively generated $900 million resulting in approximately $50 million in sales tax revenues, notwithstanding additional business and income taxes to the State Treasury. According to an independent 2015 study, for every $1 invested in all counseled clients of the SBDC program, $2.92 is returned. That return was even higher as it related to clients receiving five or more hours of counseling.


In June 2015, the Governor was quoted as saying at a Chamber of Commerce event that, “Small businesspeople don’t have a lawyer on staff,” and, “They can’t afford to hire two or three people to fill out the paperwork, and they get overwhelmed by what government places on them.”1


“Small businesses can’t afford a high level of resources. Thus, the kinds of services that NJSBDC provides to small business owners are invaluable. The services business owners receive from NJSBDC would be cost prohibitive if they tried to obtain those services from the for-profit market,” Smarth said. “We help small business owners and would-be entrepreneurs to organize operations properly, understand their business plans and financials, and provide them the resources for guidance to navigate through governmental rules, regulations and other aspects of developing and sustaining their businesses including obtaining financing.”


According to official statistics of NJSBDC Headquarters, from 2005 through 2015, the statewide network helped its clients create and save 105,804 jobs; more than 5,000 SBDC clients started new businesses; and $497,381,922 in financing (loans and equity) was facilitated for SBDC clients.


The senior leadership management team of America’s SBDC New Jersey strongly indicated that, “This is a program that is essential for small business owners and entrepreneurs and we need to leverage as much funding as possible to provide comprehensive assistance to the small business sector. They create the jobs and support New Jersey’s economy.”





About America’s SBDC New Jersey (NJSBDC)

The New Jersey Small Business Development Centers network, one of the first pilot projects in the nation, has provided comprehensive services and programs for small business in New Jersey for 37 years; SBDC experts help businesses expand their operations, manage their growth, or start new ventures. Expert staff and practicing business consultants help small business owners and entrepreneurs to develop business plans, find financing, accounting and financial analysis, identify new markets, initiate marketing strategies, find procurement and international trade opportunities, learn green sustainability practices, commercialize technology and develop an E-commerce presence. This non-profit network, a federal-state-educational partnership, leverages funding from the U.S. Small Business Administration (SBA), the N.J. Business Action Center (BAC), the educational institutions that host the 12 centers as well as other private sponsorships and additional private/public grants. The NJSBDC Headquarters, located at the Rutgers Business School in Newark, NJ, oversees the network which is an accredited member of the national network of America’s SBDC. Up to 1,000 centers and satellite offices serve small businesses across the country, generating jobs, new businesses and economic development. Visit

# # #

View/ Print via PDF

Entrepreneur Monday Motivations



Entrepreneurship isn’t easy.

But it is rewarding!



We understand that very well and are here to help you

in small business guidance, training

and motivational thoughts

to keep you going and growing day to day.



Here are some

Entrepreneurship Monday Motivations

to get your spirits and thoughts channeled for growth.

Stay tuned, we’re publishing a new motivational quote every other Monday!




 NOTE: We’re proud to say that these images are of the New Jersey landscape.

Monday, February 13, 2017  |  Every Great Dream – Harriet Tubman

Beautiful view of the Statue Of Liberty and Port of Jersey City on moonlight seen from Brooklyn Bridge.

“Every great dream begins with a dreamer.  Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world.”  —  Harriet Tubman

Monday, January 30, 2017  |  Success Represents – Soichiro Honda

A thin blanket of snow covers the beach at the Jersey Shore

“Success represents the 1% of your work which results from the 99% that is called failure.”  —  Soichiro Honda

This image of a wooden bridge is from NJ, in the fall of 2013.

“Good, better, best; never let it rest. ‘Til your good is better and your better is best.”  —  St. Jerome

Monday, November 14, 2016  | No Secrets to Success – Colin Powell

This image of a wooden bridge is from NJ, in the fall of 2013.

“There are no secrets to success.  It is the result of preparation, hard work and learning from failure.”  —  Colin Powell

Monday, October 31, 2016  | You Can – Stephen King


“You can, you should and if you’re brave enough to start, you will.”  —  Stephen King

Monday, October 3, 2016  | Greatest Glory – Confucius

Little Red Lightouse Big Gray Bridge

“Our greatest glory is not in never falling, but in rising every time we fall.”  —  Confucius

Monday, September 26, 2016  |  Build a Reputation – Henry Ford

From the sea silhouette of New Jersey port with fire sunset sky

“You can’t build a reputation on what you are going to do.”  — Henry Ford

Monday, September 12, 2016  |  Winning and Losing – Walt Disney

wooden bridge leading into the lake with a beautiful sunset

“The difference between winning and losing is most often not quitting”  — Walt Disney

  Monday, August 15, 2016  |  Give it Everything – Vince Lombardi

An in-camera multiple exposure photo of grain and grass stalks.

“There’s only one way to succeed in anything, and that is to give it everything.”  —  Vince Lombardi

  Monday, August 1, 2016  |  Keep on Walking – Buddhist Proverb

Long exposure at sunset of pier pilings in the Delaware Bay at Sunset Beach, Cape May, New Jersey.

“If we are facing in the right direction, all we have to do is keep on walking.”  —  Buddhist Proverb

  Monday, July 18, 2016  |  Hard to Beat – Babe Ruth

Landscape image of the New Jersey Pine Lands in Summer.

“It’s hard to beat a person who never gives up.”  —  Babe Ruth

Tuesday, July 5, 2016  |  Get the Oyster – Andrew Carnegie

NJSBDC Monday Motivation - Andrew Carnegie

“The first one gets the oyster, the second gets the shell.”  —  Andrew Carnegie

Monday, June 20, 2016  |  Cross the Sea – Rabindranath Tagore

Late summer flowers bloom in a New Jersey park.

“You can’t cross the sea merely by standing and staring at the water.”  —  Rabindranath Tagore

Monday, June 13, 2016  |  A Smooth Sail – Franklin D. Roosevelt

Barnegat Lighthouse

   “A smooth sea never made a skilled sailor.”  —  Franklin D. Roosevelt


Monday, June 6, 2016  |  Don’t Count the Days – Muhammad Ali

American Goldfinch (male), in bright Summer plumage perched in Backyard Flower Garden

“Don’t count the days.  Make the days count.”  —  Muhammad Ali


Monday, May 23, 2016  |  Think You Can – Henry Ford

Newark, NJ cityscape by night

“Whether you think you can or think you can’t, you’re right.”  —  Henry Ford

Monday, May 16, 2016  |  Success and Rest – Russian Proverb

Motivational Quote IMAGE - success and rest (russian proverb)

“Success and rest don’t sleep together.” — Russian Proverb

Monday, May 2, 2016  |  If You Wish to Move Mountains – African Proverb

Motivational Quote IMAGE - if you wish to move mountains (african proverb)

If you wish to move mountains tomorrow, you must start by lifting stones today.”  — African Proverb

Monday, April 25, 2016  |  Hard to Fail – Theodore Roosevelt

NJSBDC Monday Motivation - Hard to Fail (Theodore Roosevelt)

“It is hard to fail but it is worse never to have tried to succeed.”  —  Theodore Roosevelt


Monday, April 18, 2016  |  Do What You Have to Do – Epictatus

Motivational Quote IMAGE - do what you have to do (epictatus)

“First say to yourself what you would be and then do what you have to do.”  —  Epictatus


Monday, April 4, 2016  |  On the Right Track – Will Rogers

NJSBDC Monday Motivation - On the Right Track (Will Rogers)

“Even if you are on the right track, you’ll get run over if you just sit there.”  —  Will Rogers


Monday, March 28, 2016  |  The Best Way Out – Robert Frost

Motivational Quote IMAGE - The Best Way Out (Robert Frost)

“The best way out is always through.”  —  Robert Frost

Monday, March 13, 2016  |  Ant on the Move – Lao Tzu

Motivational Quote IMAGE - ant on the move (lao tzu)

“An ant on the move does more than a dozing oz.”  —  Lao Tzu



Monday, March 7, 2016  |  If There’s No Wind – Latin Proverb

NJSBDC Monday Motivation - If There's No Wind (Latin Proverb)

“If there’s no wind, then row.”  —  Latin Proverb

Monday, February 29, 2016  |  Great Believer – Thomas Jefferson

NJSBDC Monday Motivation - Faith Looks Up (Ralph Waldo Emerson)

“Sorrow looks back.  Worry looks around.  Faith looks up.”  —  Ralph Waldo Emerson

Monday, February 22, 2016  |  Great Believer – Thomas Jefferson

Motivational Quote IMAGE - great believer (thomas jefferson)

“I’m a great believer in luck and I find the harder I work, the more I have of it.”  —  Thomas Jefferson

Monday, February 15, 2016  |  We Can Succeed – Abraham Lincoln

Motivational Quote IMAGE - we can succeed (abraham lincoln)

“We can succeed only by concert.  It is not can any of us imagine better but can we all do better.”  —  Abraham Lincoln


Monday, February 8, 2016  |  Excellence is a Habit – Aristotle

NJSBDC Monday Motivations - Excellence is a Habit (Aristotle)

“We are what we repeatedly do.  Excellence then is not an act but a habit.”  —  Aristotle

Monday, February 1, 2016  |  Afraid of the Light – Plato

This tiny plant was still standing out on the snow covered ground. Taken at Wharton State Forest in the NJ Pine Barrens.

“We can easily forgive a chile who is afraid of the dark.  But the real tragedy of life is when men are afraid of the light.”  —  Plato

Monday, January 25, 2016  |  Resolution to Succeed – Abraham Lincoln

NJSBDC Monday Motivations - Resolution to Succeed (Abraham Lincoln)

“Always bear in mind that your own resolution to succeed is more important than any other.”  —  Abraham Lincoln

Monday, January 18, 2016  |  Courage to Continue – Winston Churchill

The sun goes down over a field on a cold Winter day in Freehold New Jersey.

“Success is not final.  Failure is not fatal.  It is the courage to continue that counts.” — Winston Churchill




Monday, January 11, 2016  |  Nothing is Impossible – Audrey Hepburn

Motivational Quote IMAGE - nothing is impossible (audrey hepburn)

NJSBDC Monday Motivation – Nothing Is Impossible (Audrey Hepburn)





Monday, January 4, 2016  |  Plant A Tree – Chinese Proverb

Motivational Quote IMAGE - plant a tree (chinese proverb)

NJSBDC Motivation – Plant A Tree (Chinese Proverb)




Monday, December 14, 2015  |  Too Much Time Thinking – Bruce Lee



Motivational Quote IMAGE - too much time thinking (bruce lee)

NJSBDC Motivation – Too Much Time Thinking (Bruce Lee)




Monday, December 7, 2015  |  Well Done – Benjamin Franklin



NJSBDC Monday Motivation - Well Done (Ben Franklin)

“Well done is better than well said.”  —  Ben Franklin


Monday, November 30, 2015  |  Attitude Not Aptitude – Zig Ziglar

Fall foliage at Lake Topanemus Park in Freehold, New Jersey


“Your attitude not your aptitude will determine your altitude.”  —  Zig Ziglar


Monday, November 23, 2015  |  Create It – Peter Druker

Bayonne Bridge at dusk. The Bayonne Bridge,the 5th longest steel arch bridge in the world, spans the Kill Van Kull and connects Bayonne, NJ with Staten Island, NY

“The best way to predict the future is to create it.”  —  Peter Drucker


Monday, November 16, 2015  |  Nothing Works – Maya Angelou


NJSBDC Monday Motivation: Nothing Works - Maya Angelou

“Nothing will work unless you do.”  — Maya Angelou



Monday, November 9, 2015  |  Dream – Malcom Forbes

The George Washington Bridge spans the Hudson River from Fort Lee, New Jersey to the Washington Heights neighborhood in the borough of Manhattan in the city of New York, New York.

“When you cease to dream, you cease to live.”  —  Malcom Forbes


Monday, November 2, 2015  |  Impossible – Nelson Mandela

Motivational Quote IMAGE - impossible (nelson mandela)

NJSBDC Monday Motivations – Impossible (Nelson Mandela)

“It always seems impossible until it’s done.”  —  Nelson Mandela

Monday, October 26, 2015  |  Destination – Jimmy Dean

NJSBDC Monday Motivations - Destination (Jimmy Dean)

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”  —  Jimmy Dean

 Monday, October 19, 2015  |  Build A Door – Milton Berle

Monday Motivation QUOTE - Build A Door (Milton Berle)

“If opportunity doesn’t knock, build a door.”  —  Milton Berle

Monday, October 12, 2015  |  A Little Extra – Jimmy Johnson

Quote - Schuller (NJSBDC Monday Motivations)

Quote – Schuller (NJSBDC Monday Motivations)

Monday, October 5, 2015  |  Take Off Against the Wind – Henry Ford

Delaware River



Monday, September 28, 2015  |  Problems are Not Stop Signs – Robert H. Schuller

Quote - Schuller (NJSBDC Monday Motivations)

Quote – Schuller (NJSBDC Monday Motivations)


Monday, September 21, 2015  |  You Have to Win It – Ralph Waldo Emerson

Motivational Quote IMAGE - you have to win it (ralph emerson)

Monday, August 24, 2015  |  If You Can’t Run – Martin Luther King, Jr.

Quote - Martin Luther King, Jr. (NJSBDC Monday Motivations)

Monday, August 17, 2015  |  Adjust Steps – Confucius

NJSBDC Motivational Quote IMAGE - goals reached (confucius)

Quote – Confucius (NJSBDC Monday Motivations)

Monday, August 10, 2015  Most Important Days – Mark Twain

NJSBDC Motivational Quote - two most important days (mark twain)

Quote – Mark Twain (NJSBDC Monday Motivations)

Monday, August 3, 2015  I Am An Entrepreneur – Jacqueline Teo

Quote - Jacqueline Teo (NJSBDC Monday Motivational)

Quote – Jacqueline Teo (NJSBDC Monday Motivations)


















Request Consulting from NJSBDC!