The Central Indiana Small Business Development Center has a new home. The organization, which provides guidance and resources to entrepreneurs and small business owners, will be hosted by Butler University at the Speak Easy in Indianapolis after spending the past three years at the Indy Chamber.

Butler says the SBDC will become a division of the Old National Bank Center for Closely Held Business, which is part of the university's Lacy School of Business. The SBDC, which has four employees, will have a primary location within the Speak Easy coworking space and plans to partner with Launch Fishers in order to meet with companies throughout the region.

The Indy Chamber has hosted the center since 2014 and during that time, integrated it into other initiatives such as the Business Ownership Initiative and the Women's Business Center.

"The Indy Chamber has been proud to host the Central Indiana SBDC team for the last three years," Michael Huber, chief executive officer of the Indy Chamber, said in a news release. "While we will miss having these amazing individuals in our office, we are excited for the growth of their small business support services through this new relationship with Butler University. We will continue to partner with the Central Indiana SBDC team, the US Small Business Administration, and additional partners to further develop the entrepreneurial ecosystem of the Indy region."

Steve Standifird, dean of the Lacy School of Business, says hosting the center will give the school additional opportunities for experiential education and will enable the school to partner with the business community and help Indiana businesses continue to grow.