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. 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 statistics for the previous federal fiscal year for the Massachusetts SBDC statewide program. View the America's SBDC 2025 Annual Report (click here to jump to the Massachusetts section).
 
 

FY24 Achievements
October 1, 2023 - September 30, 2024

 
Management Counseling
Clients Counseled
Hours of Counseling		 3,155
14,593
Age of Firms
Preventures
Existing Businesses
 37%
63%
Impact
Non-SBA Financing Secured
SBA Financed Secured
Equity Capital Secured

Business Starts*
Jobs Created*
Jobs Retained*

*Based on financing secured for clients
                                                        		$14,391,943
$30,396,790
$59,146,617
 
145
639
1,467
                              
Training
Training Programs
Training Attendees		 141
4,132