What does SCORE mean? The acronym Score was derived from
"Service Corps Of Retired Executives”. The fact that a growing
number of members are still actively working has made this redundant. Thus
we are now known as "Counselors to America’s Small
Business".
What is SCORE? SCORE is an Association that is a resource
partner with the U.S. Small Business Administration (SBA)
Who funds SCORE? Limited funding is provided by the Federal
Government through the SBA. Chapter #87 relies on the generous support of
the Counties, the Cities and local businesses. Our expenses are kept low by
the fact that all the counselors donate their time free to the chapter.
How big is SCORE? Our Chapter, which serves Volusia and
Flagler counties, has about 50 active members. We are looking for new members, particularly active executives.
(see JOIN US) There are 11,500
volunteers nationwide serving in 389 chapters.
How old is SCORE?
Nationally SCORE was formed in 1964,and Chapter #87 started in 1965 .
Is SCORE confidential? Yes. Anything disclosed
to our counselors is held in strict confidence. Annually each counselor has
to read, agree to and sign a Code of Ethics, which includes a
confidentiality statement.
Does SCORE provide loans? No. Generally loans
are provided by commercial banks and financial institutions. SCORE’s function is to help the client
prepare the necessary documentation to secure the loan , this
includes a creditable business plan that will pass the scrutiny of
the bank’s loan officer.
