I  Small Business and Technology Development Center


     Office Locations:

5 West Hargett Street, Suite 600
Raleigh, NC 27601-1348
Phone: 919-715-7272



  • Seed



  • Information Technology



    The Small Business and Technology Development Center (SBTDC) has helped North Carolina businesses grow and create new jobs since 1984. The Center provides management counseling and educational services to small and mid-sized businesses. Most of the services are free of charge, and all are confidential. By providing entrepreneurs with the tools they need to build and grow successful businesses, the SBTDC positively impacts NC's economy. With a lead center located in Raleigh, NC, the SBTDC operates 10 regional service centers in 16 total offices, six specialty programs, and a strategy and organization development unit. Since 1986, the SBTDC has operated the Procurement Technical Assistance (PTAC) program in North Carolina. This Defense Department funded program provides $414,000 annually for government procurement related assistance. DLA also requires the state to match the DLA dollars. In 1997, the SBTDC became the North Carolina city/state partner to the U.S. Export-Import Bank.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Byron Hicks Assistant Vice Chancellor / State Director
    Larry Loucks Assistant State Director
    Lisa R. Ruckdeschel Associate State Director
    Wendy Banks Advisor


    Portfolio companies include:


    Recent News: