ODU Business Gateway Chosen as Host Site for Regional Small Business Transportation Resource Center

The U.S. Department of Transportation's Office of Small and Disadvantaged Business Utilization (OSDBU) has named Old Dominion's Business Gateway as the site of its South Atlantic region Small Business Transportation Resource Center (SBTRC).

The center, which has an annual federal budget of $150,000, will serve the South Atlantic region, covering West Virginia, Kentucky, North Carolina and Virginia.

"This is a really a coup for the ODU Business Gateway, and a recognition of the work that is done at the Gateway - and across campus - to be a resource for entrepreneurs seeking to leverage the resources of many funding sources," said Jerry Robertson, the Business Gateway's executive director, who submitted the proposal.

SBTRCs were created to ensure that small business policies and goals of the secretary of transportation are implemented in a fair, efficient and effective manner to serve small businesses.

The centers administer short-term lending programs and bonding education programs, as well as offer a wide range of assistance to Disadvantaged Business Enterprises (DBEs), ensuring that DBEs receive their share of federal transportation contracting expenditures.

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