PCC opens small business hub for community entrepreneurs

Hundreds gathered at Pima Community College's Downtown Campus Tuesday evening for the grand opening of the Southern Arizona Technology and Entrepreneurship Center, or SATEC.The center will give Tucsonans the space and guidance needed to start their very own small businesses.PCC Business student Rebecca Ursule is one of those people.“I lived in a refugee community for over 15 years,' she said. 'And as a refugee for all those years, I realized there are some gaps.

Department of Treasury says small businesses have created 70% of net new jobs since 2019.However, the Bureau of Labor Statistics estimates that 80% of new businesses make it through the first year. After five years, only 50% remain. Only about 30% of businesses make it past the 10 year mark.SATEC aims to help entrepreneurs set up their businesses with the infrastructure to help them stay open long term.

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