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"Your Success is Our
Business"
What services does the
Massachusetts Small
Business Development Center
(MSBDC)
Network provide?
The Massachusetts Small Business Development
Center (MSBDC) Network provides one-to-one free comprehensive and confidential
services focusing on, business growth and strategies, financing and loan
assistance as well as strategic, marketing and operational analysis. In
addition, low cost educational training programs are offered across the state
targeted to the needs of small business.
This is achieved through three integrated product
lines: Business Advisory Services, Government Contracting, and International
Trade and Export Services. Services are delivered through a statewide network of
skilled professionals supported by a vast network of federal, state, educational
and private sector partners. There is an MSBDC regional or satellite office
located within 30 minutes of any potential client in the state through regional
and specialty programs providing services at over 42 locations across the state.
Business Advisory Services
A full-time staff of business advisors supported by the
resources of their host academic institutions provides free business assistance
to small businesses. Services are delivered statewide through a network of eight
centers located in Boston, Fall River, Pittsfield, Salem, Springfield and
Worcester as well as two statewide specialty resources, the Procurement
Technical Assistance Center and the Massachusetts Export Center.
Business Training
The MSBDC conducts low-cost seminars, workshops, courses and
conferences addressing a wide range of concerns for both startup and existing
businesses. Many of these programs are cosponsored with local chambers of
commerce, colleges and universities, community development organizations, banks
and trade associations.
Who is involved in the program?
The MSBDC is built on partnerships, including the U.S. Small Business
Administration, the Department of Defense, the Massachusetts Executive Office of
Housing and Economic Development, higher educational institutions (University of
Massachusetts Amherst, University of Massachusetts Boston, University of
Massachusetts Dartmouth, Clark University and Salem State College), as well as
private organizations, economic development groups and local chambers of
commerce.
How is the program set up?
The MSBDC is a statewide organization with eight advisory centers
located throughout Massachusetts. In addition, MSBDC business advisors deliver
services through an additional 42 outreach sites, including chambers of
commerce, community development corporations and economic development
organizations.
What is the impact of the budget
contributed by the Commonwealth to the MSBDC and
why is it a good investment?
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MSBDC provides assistance to over 8,000 clients
annually
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For every state $1 Massachusetts spends on the MSBDC
program, $6.16 in state tax revenue
is returned
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Tax revenue of $2.52 for every one dollar spent on
the MSBDC program (over $5 million in
state tax revenue and $3 million in federal tax revenue annually)
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MSBDC services contribute to approximately 2,800 jobs
created and retained
annually in Massachusetts
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MSBDC secured over $56 million in financing for small
business in FY07
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MSBDC services contributed to over $160 million in
export sales in calendar year 2006
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MSBDC secured over $131.7 million in federal
procurement contracts in FY07
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View our latest impact
brochure (pdf, 131K) |
Why are MSBDC services so important to the economy?
State revenues are dependent upon sales, income and employment taxes
paid by small businesses. The Massachusetts Small Business Development Center assists startup and existing businesses to
manage cash flow, bolster revenue streams, and increase sales and employment
which contribute to the economic growth and stability of the Commonwealth.
>>MSBDC Advisory Council
>>MSBDC Staff Directory
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MSBDC Network
227 Isenberg School of Management
University of Massachusetts
121 Presidents Drive
Amherst, MA 01003-9310
Phone
(413) 545-6301 ·
Fax (413) 545-1273
>>Contact us via our
Request for Information form<<
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The MSBDC is funded by the U.S. Small Business Administration and the
Commonwealth of Massachusetts
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