The Palau Small Business Development Center (Palau SBDC) is a member of the University of Guam’s Pacific Islands Small Business Development Center Network (PISBDCN).
The mission of PISBDCN is to support the growth and economic development of the U.S. affiliated islands in the Western Pacific region by providing high quality training and one-on-one confidential counseling to existing small businesses and to small business start-ups
PISBDCN supports a well-established, respected, adequately funded and capable Small Business Development Center network, recognized by the public, the private sector and host entities as the preeminent economic development agency in the region providing high quality business counseling, training and information. The PISBDCN will continue to build strong, effective and functional partnerships while recognizing the cultural diversity of its constituents and will seek to overcome any barriers to their participation in the PISBDCN’s programs and activities, including those arising from differences of languages and culture.
Programs available include: Small Business Counseling
The Palau SBDC provides free confidential one-to-one counseling in all areas of business management, including pre-venture feasibility, business plan development, marketing, record keeping, financial and human resource management, operations management, and access to capital (loans & investors), as well as specialized areas such as international trade and technical services.
This service is available to all existing and/or small business owners/managers that are U.S. citizens, green card holders or citizens of the Freely Associated States.
Small Business Training
The Palau SBDC offers an ongoing program of workshops, conferences, and seminars all designed to meet the needs of local small businesses. Courses range from introductory workshops for those just starting out in business to advanced programs aimed at enhancing the growth potential of established businesses. Training courses are presented at low to no cost and are offered at either the SBDC training center or other convenient, central locations based on demand.
Small Business Assistance Center
The Palau SBDC provides access to relevant business information through resources offered at its training center, including:
- Extensive small business library
- Computer laboratory
- Government & Local business resource
Community/ Village Outreach
The Palau SBDC IS available for presentations to schools, village organizations, and community groups. We offer programs ranging from youth entrepreneurship and how to get started to the pros and cons of small business ownership, and tailored presentations.
at National Development Bank Complex.
P.O. Box 816
Koror, Palau 96940
Ltelatk H. Fritz
Director, Business Advisor