Our Latest Results

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Our latest

results

AMERICA'S SBDCS ARE THE

Leaders

In Job creation and measurable economic results

The United States government invested . . .

$134.5

MILLION

IN FEDERAL APPROPRIATIONS FOR THE SBDC PROGRAM IN 2021

This generated . . .

$224.4 Million

IN FEDERAL REVENUE

For every federal dollar spent . . .

ON THE SBDC PROGRAM, SBDC SERVICES GENERATED...

$1.66

IN FEDERAL REVENUE

This federal investment also generated . . .

$489.7 MILLION

IN STATE REVENUE

For every federal dollar spent . . .

ON THE SBDC PROGRAM, SBDC SERVICES GENERATED...

$3.64

IN STATE REVENUES

For every federal dollar spent . . .

ON THE SBDC PROGRAM, SBDC clients were able to access...

$57.51

IN NEW CAPITAL TO HELP THEIR BUSINESSES GROW

SBDC clients generated . . .

$10.1 billion

IN SALES

$100,000

in sales every 5.2 minutes

SBDCs helped their clients access . . .

$7.7 billion

In financing

$100,000

IN FINANCING every

6.8 minutes

SBDCs helped create . . .

85,094

NEW JOBS

A NEW JOB CREATED EVERY

6.2 MinuTES

New business starts . . .

63%

OF SBDC CLIENTS START NEW BUSINESSES

69%

of SBDC Clients start a new business within a year of working with their local SBDC

14,487

pre-venture in-depth SBDC CLIENTS STARTED NEW BUSINESSES from 2020-2021

A NEW BUSINESS CREATED EVERY

36 MINUTES

Guiding America's key demographics . . .

51%

OF CONSULTING CLIENTS ARE WOMEN

28%

OF CLIENTS ARE MINORITIES

6%

OF CLIENTS ARE VETERANS

Customer-driven, quality + exemplary service

91%

OF SBDC CLIENTS FIND SBDC SERVICES BENEFICIAL

4.45

OUT OF 5 STARS: AVERAGE SBDC RATING BY CLIENTS

America's SBDCs

appreciate your support

as we continue to raise up our communities

See what SBDCs are doing in your region

Then contact your local SBDC and show your support

“EconomicImpact of Small Business Development Center Counseling Activities in the UnitedStates: 2020-2021,” by Professor James. J. Chrisman of Mississippi State University. (This reportassesses the economic impact of long-term SBDC counseling activities. Long-term clients are defined as those who received aminimum of five hours of counseling assistance from the SBDC.)