Louisiana House Bill HR118

Louisiana 2015 Regular Session

• Introduced: 5/26/15
• Passed: 5/27/15

Caption

Commends the Louisiana Small Business Development Center at Southeastern Louisiana University upon receiving the 2015 SBDC Excellence and Innovation Award from the U.S. Small Business Administration

Impact

The SBDC serves a five-parish region and has achieved notable milestones, such as assisting over 3,600 clients, aiding in the formation of more than 220 new businesses, and helping to establish around 2,500 jobs. Furthermore, the SBDC has played a pivotal role in securing substantial capital, totaling over $328 million for local businesses. The acknowledgement of the center's excellence not only showcases its accomplishments but also highlights the importance of small business development in enhancing the state's economic landscape.

Summary

House Resolution 118 (HR118) commends the Louisiana Small Business Development Center (SBDC) at Southeastern Louisiana University for its receipt of the 2015 SBDC Excellence and Innovation Award presented by the United States Small Business Administration. This resolution recognizes the significant contributions that the SBDC has made to the local economy by assisting entrepreneurs and small businesses in its service area. The center's capabilities have helped establish new businesses, create jobs, and provide vital support to business development in the region.

Sentiment

The sentiment surrounding HR118 is largely positive, reflecting appreciation for the crucial role that the SBDC has played in fostering entrepreneurship and innovation within the community. Lawmakers and community members express pride in the center's achievements, underscoring its commitment to service and support for local businesses. This resolution enjoys bipartisan support as it focuses on celebrating successful local initiatives aimed at economic growth and business development.

Contention

While the resolution itself is largely celebratory and uncontroversial, it indirectly raises discussions about priorities in state funding and support for small business initiatives. Opponents of certain state-level financial measures may argue for more direct oversight or distribution of resources to ensure equitable support for small businesses across diverse regions. However, HR118 is specific in its commendation and does not evoke significant contention.