Small Business Clients Grow the Economy
Research from America’s Small Business Development Centers shows that clients who received five hours or more of business consulting in 2007 created 58,501 new jobs, saved 88,889 existing jobs, started 12,124 new businesses, obtained $3.1 billion in financing and increased sales by $5.6 billion.
As a result of this economic growth, SBDC clients generated $2.72 in federal tax revenues plus $1.87 in state tax revenues for every $1 the federal government spent on the SBDC program.
The 1000 nationwide centers provided free or affordable business consulting and training to small business owners and aspiring entrepreneurs.
See the full details of the Economic Impact of the Small Business Consulting, Training and Resources provided by America’s Small Business Development Centers.
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