Kilgore College’s Small Business Development Center (KCSBDC) Director, Brad Bunt, has been named the 2016 State Star for Texas and will be honored at the 36th Annual America’s Small Business Development Center Conference held in Orlando Florida September 19-22nd. The annual Small Business Development Center award recognizes the top performer from each state who makes a significant contribution to their State, demonstrates exceptional performance, and embodies a strong commitment to small businesses. The SBDC has served the East Texas community for over 26 years as a partnership with the U.S. Small Business Administration.
“Brad has been awarded the North Texas SBDC Network’s State Star for his performance excellence and service of the highest caliber beyond the standard,” said Mark Langford State Director of the North Texas SBDC (NTSBDC) Network. “He is a strong advocate for small business interests by promoting initiatives focusing on jobs and business growth. His stellar leadership and performance through bold exemplary, imaginative and effective efforts make exceptional contributions to the North Texas SBDC Network and the Kilgore SBDC service area.”
Bunt has represented the NTSBDC network on various national platforms related to small business interests. Within the local community, he serves the brand ambassador on behalf of the SBDC program. Bunt is a senior leader who embodies the NTSBDC’s organizational values of integrity, collaboration, innovation, accountability and credibility.
“Brad Bunt’s efforts are strategically aligned with the vision of accelerating the North Texas economy by helping entrepreneurs grow sustainable businesses,” said Katrina Wade-Miller, Associate Director of the NTSBDC. “Brad is community focused, small business centric and service-oriented on behalf of the clients and communities he serves. He makes significant contributions to the SBDC program, demonstrating a true commitment to small businesses. He’s a true servant leader with a collaborative spirit who creates a culture of synergy and inclusion throughout the North Texas SBDC Network.”
Bunt started with the KCSBDC in 1991, making this year his celebratory twenty-fifth anniversary. In his 25 years of service with the KCSBDC he alone has incurred over $93 million dollars in capital infusion. Of the 329 loans he has assisted his clients in obtaining, 91 of those loans total over $40 million, are commercial loans. He has also helped clients obtain 41 Small Business Administration (SBA) loans, totaling just over $20 million.
Through his career, Bunt has accrued over 2,200 clients, with just over 20,000 counseling hours. This has assisted in creating 1,825 new jobs, retaining 3,931 jobs and supported the start-up of many small businesses in East Texas.
“It is an honor to serve the entrepreneurs of East Texas. Having worked with all types of businesses over my 25 years, I get the most joy at seeing many of these businesses thriving and flourishing to this day. The entrepreneurial spirit is alive and well in East Texas and to have played a role in the creation of so many small businesses is a great honor.”
Bunt has been a significant asset not only to the Kilgore College SBDC and North Texas SBDC Network, but to the East Texas region with his determination and work ethic to assist clients of the SBDC in making their dreams become a reality. Bunt plays an important role with the SBDC which is evident by his numerous recognition and awards. In 2016, the East Texas Council of Governments named Bunt as the Corporate Citizen of the Year for his and the SBDC’s efforts to assist businesses in East Texas region. Also in 2016, the Kilgore SBDC was named the state’s SBDC of the Year by the North Texas SBDC Network. The KCSBDC received this award based on a record-breaking impact it had on the 2014-2015 program. The SBDC of the Year is awarded based on exceeding performance milestones: long term clients, new business start-ups and capital infusion.
Each year, the KCSBDC has focused goals and objectives to meet. Last year the center exceeded the capital infusion goal by 451%, totaling almost $28 million dollars. The business startup goal was exceeded by 109%, which lead to the creation of 523 new jobs. Long-term client goals were also achieved at 107%. This led to not only a record for the Kilgore SBDC, but set a record for the highest client-validated economic impact for the entire NTSBDC Network’s history.
For more information on the KCSBDC, call 903-757-5857, 1-800-338-7232 or visit KilgoreSBDC.com.