Massachusetts Small Business Development Center Network

 

 

Economic Impact & Statistics

  

Studies consistently show that Massachusetts citizens receive a strong return on their investment by utilizing the Massachusetts Small Business Development Center Network. The program’s success is directly related to the quality of our professional staff and partnerships between the U.S. Small Business Administration, the Massachusetts Office of Business Development, college and university sponsors—led by the University of Massachusetts Amherst, Isenberg School of Management—and a wide range of supporters in the business community.

Below are the overall statistics for the MSBDC statewide program.

View our latest impact brochure (pdf)
 

FY20 Achievements
October 1, 2019 - September 30, 2020

 
Management Counseling
Clients Counseled^
Hours of Counseling^
3,720
13,962
Client Profiles
Women
Minority
Veterans
48.70%
26.96%
5.75%
Age of Firms
Preventures
Existing Businesses
47.77%
52.23%
Impact
Non-SBA Financing Secured
SBA Financed Secured
Equity Capital Secured
Women Financing Secured
Minority Financing Secured
 
Jobs Created
Jobs Retained
                                                       
$9,675,437
$53,954,177
$24,285,077
$29,260,325
$15,799,090
 
548*
5,510*
                              
Training
Training Programs^
Training Attendees^
120
4,176

^ Based on core award
* Based on financing secured for clients 

View statistics for previous fiscal years: FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10