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Impact Statistics

SBDC Dollars Impact

Each year the SBDCs help thousands of entrepreneurs to start and grow their small businesses. The following statistics are for fiscal year 2007-2008. This analysis does not capture other benefits of the SBDC program including:

Continuing benefits to clients and tax revenues generated after the year studied.
Other value-added programs the SBDCs offer, such as workshops.
Value of personal assets preserved and business failures prevented because of SBDC assistance.
Multiplier effects of a healthier small business sector.

New Businesses Opened: 2,147
Cost per New Business Created: $4,733

Jobs Created: 7,033
Cost per New Job Created: $1,445

Client Firms’ New Sales: $613,300,620

Total Program Benefit to Cost Ratio: $5.66/$1
(Incremental taxes generated/total program funding)

Federal Income Tax Generated: $22,043,405

State Sales & Income Taxes Generated: $35,458,209

All impact data and figures are from independent analysis of the SBDC program in Pennsylvania in 2008 by Dr. James Chrisman of Mississippi State University. Read the full text of the study here.