PROVIDENCE, RI – March 20, 2012 - The RI Small Business Development Center (RISBDC) at Johnson & Wales University has received a Level I rating by the US Small Business Administration’s (SBA) Office of Entrepreneurial Development, Financial Examination Unit.
“The Level I rating is like a badge of honor for the SBDC networks,” says Leonard Fagan of the SBA’s Financial Examination Unit. The rating signifies that the RISBDC is in excellent financial compliance standing, is self-certifying and its network budget has been appropriately managed.
The RISBDC owes its SBA financial distinction to the meticulous record-keeping of its director of finance, Michael Franklin, who has been with the organization since 1993.
“This classification is a testament of Mr. Franklin’s commitment to the RISBDC program and to the integrity of his work. We consider ourselves lucky to have him,” notes Adriana Dawson, RISBDC interim state director. This solid foundation enables the RISBDC to help even more businesses. Says Dawson, “We look forward to delivering vital services to ensure business sustainability, growth and job creation.”
About the RISBDCBuilding your business? RISBDC helps small business owners and entrepreneurs take their businesses to the next level by helping them shape strategy, solve core problems and set tangible goals. In addition, JWU business and technology students gain valuable real-world experience by helping clients with everything from marketing plans to branding and website development.