Business
Small Business Development Group (OTC: SBDG) Outlines Plans to Develop and Grow Edge Innovations
Small Business Development Group (OTC: SBDG) Outlines Plans to Develop and Grow Edge Innovations.
About this update from Small Business Development Group, Inc.
[{"type":"text","content":"\n CARY, NC, Oct. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com) recently announced a Definitive Agreement to acquire a U.S. based manufacturer of licensed sports products and sports memorabilia, Edge Innovations (www.EdgeInnovationsllc.com). “SBDG brings to Edge Innovation and all of its portfolio companies acquired resources including human capital, growth capital, and new opportunities.  With Edge, we will assist with new product creation, development of a new web site, increased social media presence, increased use of e-commerce, improved direct marketing of their products, and expansion into new industries,” said Roy Y. Salisbury, Small Business Development Group CEO and Chairman.  Edge Innovations designs, develops and manufactures scalable licensed retail products which are sold in multiple high-volume consumer sectors.  Its innovative, patented product lines are poised for exponential growth.  In 2020, with the pandemic raging and the sports industry coming to a halt, Edge Innovations transitioned its machinery and tooling to produce medical testing and culture collection devices to support the national fight against COVID-19.  As Edge Innovations, and the nation, emerges from the pandemic and raw material shortages, SBDG is assisting Edge in producing products for the nation’s top one day holiday, the Super Bowl, in February 2022, along with Fanatics.com, the National Football League and other promotional companies. Edge Innovations also plans a significant consumer retail product expansion in 2022, expanding its national distribution, with products in the collectible sports memorabilia sector, according to Gary Merten, CEO and founder of Edge Innovations. “We are delighted with this opportunity to grow and expand Edge Innovations.  We look forward to working with Small Business Development in this effort,” said Mr. Merten. “Our plan is to increase Edge Innovation’s business in the sports sector, an important part of this acquisition.  Beyond that, we are extremely excited about the network and capabilities that Gary has established for Edge Innovations- and that together with SBDG, Edge will be adding business in other industries besides sports.  We are confident...