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MSBDC FY03 Achievements
October 1, 2002 - September 30, 2003

Studies consistently show that Massachusetts citizens receive a strong return on their investment by utilizing the Massachusetts Small Business Development Center Network. Below are the the overall statistics for the statewide program for the fiscal year 2003.


Management Counseling

Clients Counseled - 4,383
Hours of Counseling - 32,887

Client Profile
Women - 38%
Minority - 18%

Age of Firms
Preventures - 62%
Existing Businesses - 38%

Impact
Total Financing Secured (216 deals) - $28,683,750
Women Financing Secured (68 deals) - $6,538,400
Minority Financing Secured (23 deals) - $2,271,300
Total SBA Secured Loans (82 deals) - $11,246,800

Jobs Created (as a result of financing) - 780
Jobs Retained (as a result of financing) - 449

Training
Training Programs - 151
Training Attendees - 2,884
Partners for Trade Training - 32
Partners for Trade Attendees - 861

 

FY02 Achievements

 

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