Success Story: Pennsylvania
- Wharton SBDC, Pennsylvania SBDC network
- Client: LuxTech – SBDC client since 2013
- SBDC Consultant: Jacquline Jenkins
“The first start-up I worked at took us 3 years and $3 million investment to reach $1 million revenues. [LuxTech] took 1 year and $15,000 investment to reach $1 million revenues. Which would you rather do?” – Sean Darras, CEO and Founder, LuxTech
Impact of working with the Pennsylvania SBDC: Sean Darras founded LuxTech – which designs, develops and engineers LED modules that enable light fixture manufacturers to enter or expand their offerings. By the beginning of 2014, Darras had validated his business model, raised $700,000 in investment, hired 3 full-time and 2 part-time employees, built a national distribution network, and secured contracts for sales of over $5 million. (more…)

Helping America’s servicemen and servicewomen make the move from military service to business ownership is an important mission of the America’s SBDC network, and we are proud that one of our own has been named a “Boots to Business Instructor of the Year.” That honor goes to Robin Stephenson, Business Advisor at the Watertown, New York SBDC.
What does it take to own a franchise? In many ways, the responsibilities of a franchise owner align quite similarly with those of a small business owner. Even though they are essentially the same, the franchise owner starts off with a few more advantages.