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)
FY19 Achievements
October 1, 2018 - September 30, 2019
Management Counseling | |
---|---|
Clients Counseled Hours of Counseling |
2,925 13,289 |
Client Profiles | |
Women Minority Veterans |
46% 27% 6.7% |
Age of Firms | |
Preventures Existing Businesses |
48% 57% |
Impact | |
Non-SBA Financing Secured SBA Financed Secured Equity Capital Secured Women Financing Secured Minority Financing Secured Jobs Created Jobs Retained |
$14,629,422 $18,909,729 $33,330,887 $21,826,241 $10,875,465 1,341* 1,051* |
Training | |
Training Programs Training Attendees |
110 2,351 |
View statistics for previous fiscal years: FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10
* Figures based on results of a 2019 survey conducted by Dr. James Chrisman on the impact of MSBDC services received by clients receiving five or more hours of assistance in 2017.