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 statistics for the previous federal fiscal year 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