The SBDC was established as a Commercial Statutory Authority (CSA) through the SBDC Act of 1990.

Mandated by this Act, it became operational in 1992 to assist Papua New Guineans start and improve small-scale business for employment creation and to improve the standard of living in the country.

The Corporation's program goal and objectives are consistent with what it is mandated to do under its Act.

Our Mission statement is:

“SBDC will evolve into a major catalytic force for improving small-scale business sector's employment generating capacity for meeting the present and future job creation needs of the country and to improve the standard of living.”