Florida Small Business Wins SBA’s 2018 Exporter of the Year Award
April 19, 2018
(SBA)
WASHINGTON – SeaDek has been named 2018 Small
Business Exporter of the Year by the U.S. Small
Business Administration. The Rockledge,
Florida-based company will be officially
recognized during National Small Business Week,
an annual event honoring the accomplishments
and contributions of the best small businesses
in the nation.
The award will be presented by SBA
Administrator Linda McMahon on April 30, during
a luncheon held at the U.S. Institute of Peace,
in Washington, D.C. Jason and Serenity
Gardner, SeaDek’s Co-Creator and Chief
Operating Officer respectively, will receive
the award on behalf of the company.
Jason Gardner worked for Hyperform producing
surfboard fins and traction pads. In 2004, in
conjunction with Hyperform’s owners, he
expanded the company’s surfboard traction
line by developing an innovative non-skid,
closed-cell foam that is both UV-resistant and
waterproof. The material provides traction,
dampens sounds and absorbs shock making it an
innovative alternative to traditional marine
traction products. Serenity Gardner was asked
to join SeaDek in 2008, where she plays an
active role in scaling up the company through
its rapid growth.
In 2014, SeaDek made international expansion a
key component of their strategic plan. Since
then, exports have grown from three percent to
nearly 10 percent of total sales in 29
countries, with a 170 percent increase in
overall sales. SeaDek hired an additional 61
employees, doubling its size, to over 130
workers. The growth in export sales has allowed
the company to reinvestment in itself,
increasing production capabilities and
manufacturing jobs.
SeaDek recognized the expansion of sales and
growth of employees would not have been
possible without the assistance of the Orlando
Florida Small Business Development Center
(SBDC) and the U.S. Small Business
Administration (SBA). The SBDC worked with
SeaDek to craft its international business
strategy. The SBA complemented this plan with
nearly $4 million in financing used to fund the
expansion of SeaDek’s manufacturing facility
tenfold in order to keep up with the
international demand. SeaDek grew from 17,000
square feet in 2015 to 150,000 square feet over
the course of two years.
U.S. exports are important to the nation’s
economy, and 98 percent of all exporters are
small businesses. The SBA’s export loan
programs help American small businesses reach
customers in the global market and compete on
an equal footing in countries around the world.
During fiscal year 2017, the SBA had another
record year guaranteeing more than 2,152 loans
to small business exporters, resulting in more
than $1.87 billion in financing.
Each year since 1963, the President has issued
a proclamation calling for the celebration of
National Small Business Week. This year
National Small Business Week will be recognized
April 29 – May 5, with events planned in
Washington, D.C., Florida, North Carolina, and
South Carolina. For more information on the
national events, visit www.sba.gov/nsbw.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.